February 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
Read more
January 10, 2024 London
Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of...
Read more
November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
Read more
October 26, 2023 New York
Quantum computing firm D-Wave is facing delisting from the New York Stock Exchange over its low stock price for the second time this year. The company announced this week that it received a notice from the NYSE that it is not in compliance with listing requirements as the average closing price of...
Read more
October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
Read more
September 04, 2023 Denmark
CapMan Infra has acquired the Danish data center colocation company Fuzion. This week, the transaction via the CapMan Nordic Infrastructure II fund was announced. The acquisition terms were not disclosed. Fuzion was founded in 2001 and operates out of four data centers in the Jutland region of...
Read more
July 27, 2023 London
Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much water...
Read more
July 05, 2023 London
Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up to...
Read more
July 03, 2023 New York
In New York City, Brooklyn, a bathhouse and spa named Bathhouse has shared that it is now heating its pools with mining, with the water from the pool, then going on to cool the hardware. The bathhouse and spa also Bitcoin payments. The company shared the news in an Instagram post: "Enjoy a hot...
Read more
June 14, 2023 London
Havering Friends of the Earth has voiced concerns over an application to build a data center on Green Belt land. Digital Reef is proposing a huge data center campus in East Havering, within a new 500-acre site, with 67% of the land dedicated to an "ecology park." The company has offered the...
Read more
May 17, 2023 New York
AT&T has announced its plans to procure solar energy from five projects in Upstate New York from DSD Renewables (DSD). The deal will see AT&T serve as an anchor tenant subscriber for a five-project community solar portfolio; the company will offtake 15.5MW of the larger 24.1MW portfolio....
Read more
April 26, 2023 Telia Company
The Swedish telecommunications company Telia Company has agreed to transfer its Danish operations to the energy and telecommunications corporation Norlys for $919.85 million. Telia explains that its strategy is to concentrate on markets where it can obtain and defend a market-leading position....
Read more
March 21, 2023 London
Akamai Technologies, an American provider of content delivery services, and Ondat, a provider of cloud storage, have signed a binding agreement. The transaction is anticipated to occur in the first quarter of 2023, and Akamai anticipates no major changes to its annual financial forecast. The...
Read more
March 01, 2023 London
The trading and market data systems of its clients are being transferred from the Main Data Center, which is now in the City of London, to the new London Stock Exchange Group (LSEG) Data Center, which is located close to the Docklands. After securing considerable infrastructure capacity in the...
Read more
March 01, 2023 London
The new London Stock Exchange Group (LSEG) data center is now home to a number of clients of Transaction Network Services (TNS). TNS was compelled to move after LSEG declared that its present City of London data center would be shut down. The brand-new colocation facility in Docklands still...
Read more
February 23, 2023 London
A 185,150-square-foot data center is projected for northeast London. Alandale Scaffolding has applied to Epping Forest District Council for permission to construct a new center in Loughton, close to the Debden station, as first revealed by EssexLive. The company intends to construct a...
Read more
February 01, 2023 Telia Company
Telia joins the big tech job cuts with the announcement that it is cutting 1,500 jobs this year, 1000 in the first quarter, and the rest throughout the year. According to the company, it has been aiming to reduce its workforce by around 1000 a year, since 2021, in line with its restructuring...
Read more
December 14, 2022 Helsinki
Hyperco has announced its plan to expand its data center presence in New Zealand with two new data center campus developments. The Nordic data center company said it would develop the facilities in Helsinki, Finland, with each having an initial capacity of 50MW. The company did not reveal the...
Read more
November 21, 2022 Denmark
As part of the EU's Fit for 55 legislative package, it is pushing for data centers to be connected to surrounding district heating networks to use surplus heat. A new report from the Cool-Data project has comprehensively reviewed the rules and incentives around waste-heat recovery by data centers...
Read more
November 21, 2022 London
Leading environmental group CPRE has argued that Digital Reef's plans to build Europe's "largest data center" will cause "massive environmental damage" and has vowed to fight its development. As previously covered by Baxtel, the £5.3 billion ($5.97bn) project is to be built on land in North...
Read more