Data Center News

Cologix Begins Construction of an 21MW data facility in Montreal, Canada

Cologix started the construction of a new data center in Montréal, Canada. This week, the company revealed that construction has begun on its latest Scalelogix facility in Quebec. The MTL8 facility, located in Technoparc Montréal, will encompass 205,000 square feet and provide 21 megawatts of ...

May 26, 2023

Cologix

Cologix Concludes a $144.7 Million Asset Securitization Deal

Asset-backed securities worth $144.7 million have been closed by Cologix. Through a private placement transaction that was completed on April 5, the North American and Canadian hyperscale Edge data center and network-neutral links provider made a deal with secured notes. Cologix's chief financ...

April 20, 2023

Cologix

Cologix to bring AWS outposts to Vancouver data centers

Cologix has announced that customers can now deploy AWS Outposts at its VAN3 digital edge data center. The facility is a 42,000-square-foot data center, the region’s largest neutral data center. Through this addition, customers in Cologix’s Vancouver data centers will be able to connect to AW...

March 21, 2023

Cologix

Verizon signs four new PPAs

Verizon has announced that it has signed four new power purchase agreements (PPAs) for renewable energy, an aggregate of up to 410 MW of renewable energy capacity. According to the company, these new deals align with its broader goal to source or generate renewable energy equivalent to 50 per...

January 17, 2023

Verizon Enterprise

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal...

November 07, 2022

Lumen Technologies

Flexential Announces Plan To Expand Its Data Center Presence in Hillsboro, Oregon

Flexential has announced that it is developing a data center facility outside Portland, Oregon. The development will see the company erect two new buildings in conjunction with T5. According to Flexential, the facility is located adjacent to its Hillsboro 3 data center at 5419 NE Starr Blvd...

September 12, 2022

Flexential

365 Data Centers To Acquire Major Stake in Sungard US for $52.5m

365 Data Centers is looking to acquire the major stake in Sungard's US networking and colocation business. Earlier in the year, Sungard US, Canadian, and UK operations filed for bankruptcy. The company also sold most of its UK operations to MSP Redcentric and UK telecommunication company Daisy...

August 04, 2022

365 Data Centers

Evoque To Develop a 100MW Facility in Nashville

Evoque has announced that it is developing a data center campus outside Nashville in Gallatin, Tennessee. Evoque is working with Archer Datacenters to provide data center capacity at an existing data center while expanding the site further. The 28.5-acre site is located at 1398 Gateway Driv...

May 13, 2022

Csquare

Flexential To Develop an 18MW Facility in Raleigh, North Carolina

Flexential has announced that it plans to develop an 18MW data center in Raleigh, North Carolina. The data center will span 11,150 square meters (120,000 square feet). The first phase is expected to deliver 4.5MW capacity, and it is scheduled to come online in Q3 2023. Flexential has also r...

April 28, 2022

Flexential

Evoque Starts Offering Build-to-Suit Data Center Services

Evoque has announced that it is moving beyond a colocation provider to offering build-to-suit data center services. The company's senior director of communications, Kevin Fleming, revealed that it is pioneering a new development with its build-to-suit solutions for government, hyperscale, a...

April 19, 2022

Csquare

Flexential expands and announces Atlanta construction

Flexential has announced that it is planning to expand this year, and will add 22MW of new data center development projects this year, at double the growth rate of 2021.In conjunction with this, the company announced that it had completed its 36MW Hillsboro 3 data center in Portland, Oregon, ...

March 24, 2022

Flexential

Cologix and CIM Group team up to form JV

Cologix and CIM Group have entered a Joint Venture (JV), which will see them develop, construct and operate a new data center located in Markham, near downtown Toronto. The facility, namely TOR4, will be a 50K SQFT purpose-built data center.The new build will have a capacity of 15 MW and will...

February 25, 2022

Cologix

Mindbreeze launches in Chicago with Hivelocity

Mindbreeze is launching another deployment in North America, which is to be hosted by Hivelocity. According to Daniel Fallmann, founder and CEO of Mindbreeze, this expansion into Chicago reportedly meets “all the technical and economic requirements to run our solutions with the highest energy...

February 22, 2022

Hivelocity

Cologix announces significant expansion in North America

Cologix has announced that it is funneling further investment in its expansion to accelerate its growth, adding to the number of hyperscale edge data centers in its portfolio. Alongside this announcement, the company also published the new name of its hyperscale edge data centers, Scalelogix. ...

February 16, 2022

Cologix

Verizon signs seven Power Purchase Agreements

As it expands its usage of green energy, Verizon, has announced that it has signed seven new Power Purchase Agreements (PPAs) for renewable energy representing 910MW. The company's sustainability goals are to have carbon neutrality across all its operations (scope 1 and 2) by 2035.Renewable En...

January 22, 2022

Verizon Enterprise

USDA awards Lumen with a $1.2 billion network services contract

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

January 21, 2022

Lumen Technologies

Verizon expands in Colorado Springs

Verizon has announced that it is expanding its digital footprint with the addition of a second data center in Colorado Springs. The company has submitted a proposal for a 49,000 square-foot (4,500 sqm) data center on Arrowswest Drive in El Paso County, with plans for a potential second phase ...

January 18, 2022

Verizon Enterprise

Cologix recapitalizes with Stonepeak

Investment firm Stonepeak has revealed that it has recapitalized Cologix. Stonepeak is an Abu Dhabi sovereign wealth fund, and it has decided to pull out its investment in Cologix. The agreement sees Stonepeak Infrastructure Fund II LP and its co-investors sell Cologix to vehicles managed by S...

January 07, 2022

Cologix

365 Data Centers completes round of debt refinancing

365 Data Centers has announced that it completed a round of debt refinancing while also raising new funds. The firm refinanced all its existing debt. It also secured more funds from ING Capital LLC, TD Securities, CIT Group, Boundary Street Capital, and Regions Capital Markets. 365 Data Center...

December 14, 2021

365 Data Centers

Cologix plans to raise $1.1 billion through ABS notes

According to Asset Securitization Report, Cologix is planning to raise funds through a $1.1 billion securitization. Cologix will be issuing Asset-Backed Security notes by using proceeds from seventeen properties as backing. According to filings with the Kroll Bond Rating Agency, Deutsche Bank ...

December 14, 2021

Cologix

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