Data Center News

Read DataBank Raises $2bn for Dallas Data Center Buildout
DataBank Raises $2bn for Dallas Data Center Buildout

DataBank Raises $2bn for Dallas Data Center Buildout

April 22, 2026 Dallas

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represents...

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Read Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park
Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

June 18, 2025 Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential. “This particular piece of...

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Read Apollo Global Management is acquiring Argo Infrastructure Partners.
Apollo Global Management is acquiring Argo Infrastructure Partners.

Apollo Global Management is acquiring Argo Infrastructure Partners.

January 20, 2025 TierPoint

Investment giant Apollo Global Management is acquiring Argo Infrastructure Partners in a deal that will add approximately $6 billion of assets to the Apollo infrastructure platform. Argo is the majority owner of US data center firm TierPoint, which operates around 40 facilities across 18 US...

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Read TierPoint acquires multi-megawatt facility in Texas
TierPoint acquires multi-megawatt facility in Texas

TierPoint acquires multi-megawatt facility in Texas

January 09, 2024 Tierpoint Fort Worth

US colocation provider TierPoint this week announced that it has acquired a multi-megawatt data center in Fort Worth, Texas. This data center located at 13701 Independence Parkway is the company’s third in the Dallas-Forth Worth area. The colocation provider noted that this facility sitting on 13...

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Read TierPoint aims to raise $925 million through securitized loans
TierPoint aims to raise $925 million through securitized loans

TierPoint aims to raise $925 million through securitized loans

June 29, 2023 TierPoint

TierPoint seeks to raise $925 million by selling A-rated data center revenue notes from Kroll Bond Rating Agency. The exchange is TierPoint's first and is backed by 31 colocation data centers with approximately $397.2 million in annualized monthly frequent revenue and $198.3 million in yearly...

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Read Fort Worth Data Center For Sale Following Bankruptcy
Fort Worth Data Center For Sale Following Bankruptcy

Fort Worth Data Center For Sale Following Bankruptcy

February 02, 2023 Dallas

Following a bankruptcy filing, a recently converted data center is for auction. This week, Hilco Real Estate declared March 23, 2023, as the deadline for qualifying bids for the Chapter 11 bankruptcy sale of a newly converted flex industrial facility into a data center. Built in 2018 on a...

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Read TierPoint announces completion of new data center in St. Louis, Missouri
TierPoint announces completion of new data center in St. Louis, Missouri

TierPoint announces completion of new data center in St. Louis, Missouri

August 05, 2022 TierPoint

TierPoint has announced that its St. Louis data center in Missouri, which was announced back in September 2021, is complete. The facility, spanning 23,000 sqft (2,100 sqm), is a Tier III-quality facility that offers 14,500 sq ft (1,350 sqm) of production or raised floor space. The facility saw an...

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Read Argo Infrastructure Partners Invests $500m in TierPoint
Argo Infrastructure Partners Invests $500m in TierPoint

Argo Infrastructure Partners Invests $500m in TierPoint

March 02, 2022 TierPoint

TierPoint has announced that Argo Infrastructure Partners has invested $500 million into its business. The move sees Argo Infrastructure Partners become the largest single equity investor in the firm. TierPoint will use the net proceeds from the transaction to expand the company and provide...

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Read TierPoint to build new data center in Missouri
TierPoint to build new data center in Missouri

TierPoint to build new data center in Missouri

September 10, 2021 TierPoint

TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secured an...

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Read TierPoint Raises $320 Million from Consortium of Investors (PR)
TierPoint Raises $320 Million from Consortium of Investors (PR)

TierPoint Raises $320 Million from Consortium of Investors (PR)

March 24, 2020 TierPoint

ST. LOUIS – TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, announced it has reached an agreement that will result in new, preferred equity investments totaling $320 million, which the company expects to be closed and funded by...

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Read TierPoint Launches Cloud Connect Express for connections to Azure and AWS from All TierPoint Locations
TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, today announced the launch of its new Cloud Connect Express (CCX) service.

Leverag...

TierPoint Launches Cloud Connect Express for connections to Azure and AWS from All TierPoint Locations

October 16, 2018 TierPoint

TierPoint, a leading provider of secure, connected data center and cloud solutions at the edge of the internet, today announced the launch of its new Cloud Connect Express (CCX) service. Leveraging TierPoint’s network assets and Zayo’s CloudLink solution, CCX provides TierPoint customers with...

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