Data Center News

Mapletree acquires Lumen’s Minnesota data center for $26 million

As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....

August 18, 2021

Mapletree Redwood Data Centre Trust

Data center merger and acquisition activities in Q2 of 2021

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see wh...

August 16, 2021

Scala Data Centers

The future of data center back-up energy

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...

August 06, 2021

Microsoft Azure

Keppel Corporation wants to acquire Singapore Press Holdings' real estate assets for $1.6 billion

Keppel Corporation has offered to acquire the non-media part of Singapore Press Holdings (SPH) for S$2.2 billion (USD 1.6 billion). This includes Keppel and SPH's jointly-owned data center and telco assets. The other parts of the business it wants to acquire include shopping malls, nursing ...

August 04, 2021

Keppel Data Center REIT

Vantage Data Centers to achieve net-zero carbon emissions by 2030

Vantage Data Centers recently announced that it will push to achieve net-zero carbon emissions globally by 2030. It says that it will strive to reach these targets by reducing greenhouse gas emissions and investing in carbon-removal technology. Specifically, the company will focus its efforts...

August 03, 2021

Vantage Data Centers

Apple and Google rally against Ireland's proposed moratorium on new data centers

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid con...

July 28, 2021

Google

Keppel DC REIT to acquire its first data center in China for $98 million

Keppel DC REIT has completed the acquisition of its first data center in China. The firm completed the agreement with Guangdong Bluesea Data Development Co. Ltd. and its parent Company, Guangdong Bluesea Mobile Development Co., to acquire the Guangdong Data Center in Jiangmen. The deal cost...

July 28, 2021

Keppel Data Center REIT

Largest Data Center Funding Deals In Q2 of 2021

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data cent...

July 24, 2021

Switch

Equinix strives to balance expansion with its eco targets

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy ...

July 23, 2021

Equinix

STT GDC collaborates with ABB to create AI energy optimization pilot

ST Telemedia Global Data Centres (STT GDC) has announced that it is collaborating with tech company ABB to conduct an artificial intelligence (AI) energy optimization pilot in Singapore. The pilot is part of STT GDC’s vision for a greener future, and its pledge to be carbon neutral by 2030.The...

July 23, 2021

ST Telemedia Global Data Centres (STT GDC)

A carbon-neutral future: Which companies are committing and delivering?

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power.Increasingly, data center companies are waking up to the fact that...

July 21, 2021

CyrusOne

Mitsubishi Estate subsidiary, Marunouchi Direct Access opens 130-rack data center in Tokyo

Marunouchi Direct Access, a Mitsubishi Estate subsidiary, has opened its new data center in Tokyo, Japan. The Otemachi DC II facility is a 130-rack facility that’s built in the Tokyo Torch development. Marunouchi Direct Access is a joint venture between Mitsubishi Estate and Marubeni Corporat...

July 01, 2021

Marunouchi: Otemachi II

Princeton Digital Group announces $1 billion hyperscale campus in Tokyo, Japan

Princeton Digital Group is building a 100MW hyperscale campus in Tokyo, Japan. Investments in the facility are also expected to reach $1 billion. The facility would be built on an eight-acre site in Saitama City, Tokyo. Princeton Digital Group will build the facility in two phases, with each ...

June 29, 2021

Princeton PDG TY1

Princeton Digital Group considers $400m fundraising ahead of potential IPO

According to reports from Bloomberg, Princeton Digital Group wants to raise funds from investors to the tune of $400 million. Princeton Digital Group invests, develops, and operates data centers across Asia in countries like Singapore, China, Indonesia, and India. It also has 18 data centers i...

June 28, 2021

Princeton Digital Group

NTT explains its German data center expansion plans

NTT has said that it would be expanding its German data centers by more than 40 percent. It would be doing this by adding over 323,000 square feet of IT space across existing locations in Germany. The Company currently has existing campuses in Frankfurt, Bonn, and Berlin.NTT has broken ground ...

June 22, 2021

NTT

Equinix promises to cut emissions by 50 percent before 2030

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

June 17, 2021

Equinix

Tokyo Century partners with NTT for data center business in India

NTT and Tokyo Century are coming together to form a data center partnership in India. Tokyo Century is a finance company that specializes in equipment leasing, mobility and fleet management, and specialty financing centered on aviation and real estate. NTT, on the other hand, specializes in d...

June 17, 2021

NTT

Digital Edge now the single largest shareholder in Indonet through $165 million investment

Digital Edge has acquired the major stake in Indonesian telco PT Indointernet for $165 million. The acquisition of the major stake was backed by the Stonepeak Infrastructure Partners private firm. This move is Digital Edge’s first in Indonesia. After completing the deal, the CEO of Digital Edg...

June 16, 2021

Digital Edge DC

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program.The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

June 15, 2021

Equinix

Google to migrate parts of YouTube to Google Cloud

Google has decided to migrate some of its YouTube infrastructure to its own Google Cloud Service. Initially, many of Google’s key services like YouTube and its search engine are being hosted on internal infrastructure that isn’t Google Cloud Computing Service (GCP).Thomas Kurian, CEO of Google...

June 04, 2021

Google

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