March 24, 2022 Flexential
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,...
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February 25, 2022 Cologix
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 be...
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February 22, 2022 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...
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February 16, 2022 Cologix
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....
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February 01, 2022 H5 Data Centers
H5 Data Centers has announced that it has completed the acquisition of seven data center facilities from vXchnge across the United States. With this development, vXchnge has just one data center. With this agreement, H5 data centers has added over 250,000 square feet (23,200 square meters) of...
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January 22, 2022 Verizon Enterprise
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...
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January 21, 2022 Lumen Technologies
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...
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January 18, 2022 Verizon Enterprise
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 for...
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January 07, 2022 Cologix
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...
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December 31, 2021 American Tower Corporation
American Tower Corporation has announced that it has successfully completed the acquisition of CoreSite Realty Corporation. The company completed the acquisition by merging one of its subsidiaries with CoreSite. American Tower funded the transaction through borrowings revolving around term loans...
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December 15, 2021 H5 Data Centers
H5 Data Centers has completed the acquisition of a data center at 925 Dalton Avenue, Cincinnati, Ohio. The 107,000 square feet (9,940 square meters) purpose-built data center was built to Tier III standards. It currently has a 2MW capacity, but it can be expanded to 6MW upon full buildout. H5...
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December 14, 2021 Cologix
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 is...
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December 03, 2021 Flexential
Flexential has announced the completion of a $2.1 billion securitization financing offer, which, according to the company, is the largest single asset-backed securities (ABS) issuance. On top of that, it is also the largest-ever green data center ABS financing. With this money, it will work...
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November 18, 2021 H5 Data Centers
H5 Data Centers has announced that it has partnered up with DE-CIX. This partnership will reportedly enable companies “expanding or relocating their data center and colocation services” the opportunity to leverage “premier colocation and connectivity services.” Josh Simms, owner and CEO of H5...
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November 16, 2021 American Tower Corporation
American Tower has completed the acquisition of CoreSite for $10.1 billion. According to American Tower, the acquisition of CoreSite will help transform its mobile computing business. Coresite operates up to 25 data centers in the United States. CEO of American Tower, Tom Bartlett, said American...
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October 29, 2021 H5 Data Centers
H5 Data Centers has announced that Ziply Fiber is expanding to its data centers in downtown Seattle and Quincy, Washington. Ziply Fiber provides a commercial-grade purpose-built network for the internet. Ziply Fiber joins the different carriers available at H5’s Tier III data centers. Chris...
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October 08, 2021 American Tower Corporation
American Tower has announced that it has completed the acquisition of DataSite. American Tower has now added two new data centers to its portfolio of state-of-the-art colocation facilities with the purchases. In addition, the investment also means American Tower will now manage and operate...
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September 07, 2021 Lumen Technologies
Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...
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August 20, 2021 Cologix
Cologix recently released its first Environmental, Social, and Governance (ESG) report. Within the report, the hyperscale company made a number of commitments, including a pledge to improve its energy efficiencies and harness renewable energy options "where available." Currently, Cologix powers...
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August 06, 2021 Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...
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