Data Center News

DataBank Raises $2bn for Dallas Data Center Buildout

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 represe...

April 22, 2026

Dallas

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

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...

June 18, 2025

Dallas

Apollo Global Management is acquiring Argo Infrastructure Partners.

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 m...

January 20, 2025

TierPoint

TierPoint acquires multi-megawatt facility in Texas

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 o...

January 09, 2024

Tierpoint Fort Worth

TierPoint aims to raise $925 million through securitized loans

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...

June 29, 2023

TierPoint

Fort Worth Data Center For Sale Following Bankruptcy

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 13.7...

February 02, 2023

Dallas

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

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...

August 05, 2022

TierPoint

Argo Infrastructure Partners Invests $500m in 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...

March 02, 2022

TierPoint

TierPoint to build new data center in Missouri

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 secur...

September 10, 2021

TierPoint

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

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 m...

March 24, 2020

TierPoint

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. Leveraging TierPoint’s network assets and Zayo’s CloudLink solution, CCX provides TierPoint customers with ...

October 16, 2018

TierPoint

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