Data Center News

Stack Infrastructure concludes its second $250 million debt financing of 2023

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

August 02, 2023

STACK INFRASTRUCTURE

Google data center initiatives postponed, but increases in AI compute expenditure made

Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its seco...

July 28, 2023

Google

Digital Realty sells TPG Real Estate 80% of Northern Virginia data centers stake for $1.3bn

TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction...

July 28, 2023

Digital Realty Trust

Google’s Water Consumption in Data Centers Soars by 20%

The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data ce...

July 27, 2023

Google

Reliance joins Brookfield and Digital Realty's Indian data center JV

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industrie...

July 26, 2023

Digital Realty Trust

Stack Infrastructure intends to raise $100 million in secured notes

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

July 26, 2023

STACK INFRASTRUCTURE

Google's data center plans in Uruguay spark outrage as country faces water crisis

Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, accordin...

July 21, 2023

Google

GI Partners acquires the majority stake in 2 Chicago data centers from Digital Realty

GI Partners has acquired a majority stake in two data centers in Chicago, Illinois, from Digital Realty. This week, the business announced that it had formed a joint venture with GI Partners to sell a 65 percent stake in two stabilized hyper-scale data center facilities and their associated ma...

July 18, 2023

Digital Realty Trust

Equinix to connect to new district heating scheme in Frankfurt, Germany

Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area ...

July 17, 2023

Equinix

Google breaks ground on Mesa data center campus

Google has announced that it has begun work on a new data center in the Mesa area of Phoenix, Arizona. A $1 billion project, the facility will span 750,000 square feet (70,000 sqm) once fully built out.Previously known as "Redhawk," the project's first 288,530 sq ft (26,805 sqm) phase is due ...

July 14, 2023

Google

Equinix, AirTrunk, Microsoft, and GDS are chosen by Singapore for an 80MW data center experiment

As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to b...

July 14, 2023

Equinix

Digital Realty announces first NVIDIA DGX H100-Ready data center

Digital Realty's KIX13, its newest data center in Osaka, Japan, has been certified as NVIDIA DGX H100-ready as part of the NVIDIA DGX-Ready Data Center program. The facility reportedly received this accreditation, the first Japanese facility to do so, based on its ability to provide a dedicat...

July 12, 2023

Digital Realty Trust

Google submits plans for a three-building data center facility in Belgium

Initially announced by the mayor of Farciennes, Hugues Bayet, the search and cloud company intends to construct three facilities in the Ecopôle business park in Wallonia. The campus will encompass 570,500 square feet. The project will begin construction by the end of the year and be completed ...

July 10, 2023

Google

Hyperscale data center from Equinix opens in Japan's capital

This week, the company revealed the opening of TY13x. Situated in the Inzai region and opposite TY12x, TY13x provides 8MW in the first phase and 36MW when fully constructed. In October 2019, Equinix partnered with Singapore's GIC sovereign wealth fund to develop hyperscale centers under the xS...

July 04, 2023

Equinix

Digital Realty buys 9 acres in Amsterdam for a 20MW data center

Digital Realty has bought additional land for data centers in Amsterdam, Netherlands. This week, the company disclosed the acquisition of a 387,500-square-foot (8.9-acre) land parcel on its Amsterdam Schiphol campus. According to reports, the acquired land parcel can sustain a 40MW data cente...

June 30, 2023

Digital Realty Trust

Sobrato sells Equinix-leased Silicon Valley data facility to Invesco for $86 million

Invesco has purchased a data center in San Jose, California, run by Equinix. Mercury News reports that the Sobrato Organization recently sold 1735 Lundy Avenue in San Jose to Invesco Real Estate for $86.3 million, citing documents from Santa Clara County.The single-story building encompasses 1...

June 22, 2023

Equinix

External construction work on Digital Realty’s latest Frankfurt data center now complete

Digital Realty’s new data center, FRA33 facility in Hattersheim, Frankfurt, Germany, has now been completed, it has been announced. The new facility will reportedly offer 40MW of IT capacity spanning 16,000 square meters (172,222 sq ft) of white space. The construction firm that worked on the...

June 14, 2023

Digital Realty Trust

AtNorth unveils a 12 MW data facility in Iceland.

AtNorth's newest 12MW data center in Iceland is now running. The colocation company announced on June 12 that ICE03, its third facility in Iceland, has begun operations. The site's initial plans were released in April 2022. The data center is located in the northern Icelandic city of Akureyri...

June 13, 2023

atNorth

Equinix to open its first data center in Kuala Lumpur in 2024

Equinix is expanding its data center footprint in Malaysia, with plans for a new data center in Kuala Lumpur called KL1, which, the company said, will provide greater digital infrastructure capacity in the country. The new facility, which follows the company's announcement of JH1 in Johor, wi...

June 12, 2023

Equinix

atNorth opens its sixth data center in the Nordics

atNorth has announced that its third Iceland data center, ICE03, is now operational. The facility, located 250 km north of Reykjavík, offers an initial capacity of 12 MW, expandable to 50MW. Completed in just 11 months, the company now has a portfolio of six operational data centers, with an ...

June 12, 2023

atNorth

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