Data Center News

Read Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion
Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

Vantage Data Centers Raises US$1.3 Billion in Securitized Notes to Accelerate North American Expansion

October 06, 2020 Vantage Data Centers

Company leverages favorable interest rates to reduce costs, extend debt maturity profile and fund expansion opportunities DENVER – Vantage Data Centers, a leading global provider of hyperscale data center campuses, today announced that the company raised US$1.3 billion in securitized notes. The...

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Read Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

October 01, 2020 Equinix

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...

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Read STACK closes an additional $325 Million in Debt Financing
STACK closes an additional $325 Million in Debt Financing

STACK closes an additional $325 Million in Debt Financing

September 01, 2020 STACK INFRASTRUCTURE

Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Release...

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Read Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a USD1 Billion Capital Commitment
Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a USD1 Billion Capital Commitment

Digital Edge and Stonepeak Infrastructure Partners Announce Formation of a Diversified Asia Pacific Data Center Platform, With a USD1 Billion Capital Commitment

August 25, 2020 Digital Edge DC

SINGAPORE & NEW YORK-- August 25, 2020 --Stonepeak Infrastructure Partners (“Stonepeak”), an infrastructure-focused private equity firm, and a group of seasoned senior executives formerly with Equinix, Facebook, Tata Communications and Macquarie, have formed a diversified, independent data...

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Read Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth
Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

Colony Capital and Vantage Data Centers to Form Strategic Partnership to Advance Data Center Growth

July 08, 2020 Vantage Data Centers

Vantage has announced that Colony Capital will invest $1.2 billion into Vantage. This is on top of the $800 million it raised in February 2020 and $692 million it raised in 2019. A massive war chest to fund Vantage's aggressive expansion into Europe. Earlier this year the company announced it was...

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Read Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States
Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

Mapletree Industrial Trustto Acquire Remaining 60% Interest in 14 Data Centres in the United States

June 23, 2020 Mapletree Redwood Data Centre Trust

SINGAPORE: DBS Trustee Limited, a trustee of Mapletree Industrial Trust (MIT), has entered into agreements for the proposed acquisition of the remaining 60% interest in the 14 data centres in the United States of America currently held by Mapletree Redwood Data Centre Trust (MRDCT) at a purchase...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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Read Netrality Acquired INAP's Houston Data Center
Netrality Acquired INAP's Houston Data Center

Netrality Acquired INAP's Houston Data Center

June 03, 2020 HorizonIQ

Netrality has announced that the company has acquired the Internap Holding (“INAP”) data center in Houston. The facility is located in 1301 Fannin, Houston's carrier hotel. The deal seems to work for both sides. Netrality gets more colocation space to sell in their marquee building and INAP gets...

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Read Internap Emerges from Bankruptcy
Internap Emerges  from Bankruptcy

Internap Emerges from Bankruptcy

May 11, 2020 HorizonIQ

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerged...

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Read NEXTDC signed 6MW in Victoria in the last month, Announces expansions
NEXTDC signed 6MW in Victoria in the last month, Announces expansions

NEXTDC signed 6MW in Victoria in the last month, Announces expansions

May 01, 2020 NEXTDC

NEXTDC announced it signed an additional 6 megawatts in Victoria. This is over and above the 27 MW of customer commitments that were announced in March 2020. The contracted customer commitments will support approximately 60 MW of growth in the state of Victoria, which represents the company's...

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Read Google Slows Hiring for Remainder of 2020
Google Slows Hiring for Remainder of 2020

Google Slows Hiring for Remainder of 2020

April 15, 2020 Google

Google has announced a significant slow down in new staff hires. Bloomberg published an email from CEO Sundar Pichai which details its plan to recalibrate hiring because of the economic slowdown. In 2019, Google hired 20,000 people and had planned to hire an additional 20,000 employees. The...

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Read Macquarie finalizes acquisition of AirTrunk
Macquarie finalizes acquisition of AirTrunk

Macquarie finalizes acquisition of AirTrunk

April 08, 2020 AirTrunk

Macquarie has finalized the acquisition of AirTrunk. The deal, which values AirTrunk at $1.9B (USD), was led by Macquarie Asia Infrastructure Fund 2 (MAIF2) and other MIRA-managed partners. The 88% stake was acquired from Goldman Sachs, Sixth Street Partners (formerly TSSP) and from AirTrunk...

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Read Vantage Acquires NGD, one of Largest Data Centres in Europe
Vantage Acquires NGD, one of Largest Data Centres in Europe

Vantage Acquires NGD, one of Largest Data Centres in Europe

April 07, 2020 Vantage Data Centers

Vantage has announced it is set to acquire Next Generation Data (NGD), one of the largest data centres in Europe. The NGD campus is in the Cardiff Capital Region in South Wales.The acquisition provides Vantage with one of Europe’s largest data center campus totaling 180MW, including an existing...

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Read NEXTDC raised $408 million (USD) and announced Sydney expansion
NEXTDC raised $408 million (USD) and announced Sydney expansion

NEXTDC raised $408 million (USD) and announced Sydney expansion

April 02, 2020 NEXTDC

NEXTDC, The Australia-based data centre operator, completed a $408 million USD ($672 million AUD) in institutional placement and announced plans to accelerate the development of its S3 Sydney data center. The first phase will be 12 MW and is expected to be completed by the first half of fiscal...

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Read Internap files for Bankruptcy
Internap files for Bankruptcy

Internap files for Bankruptcy

March 16, 2020 HorizonIQ

Internap Corporation (INAP) has filed for bankruptcy along with all its US subsidiaries. The company’s reorganization plan anticipates INAP will emerge as a private company with an improved financial position. Read More: Internap Press Release INAP files for bankruptcy, along with US subsidiaries...

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Read Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets
Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

Vantage makes big bet on Europe, Buys Etix and expands into 4 new markets

February 10, 2020 Vantage Data Centers

Vantage Data Centers announced its expansion into Europe through the acquisition of Etix Everywhere and greenfield developments in four additional European markets. Etix’s data center portfolio includes a 55MW hyperscale data center campus in Frankfurt, Germany, which is currently under...

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Read Macquarie to acquire AirTrunk
Macquarie to acquire AirTrunk

Macquarie to acquire AirTrunk

January 10, 2020 AirTrunk

Bloomberg reports that AirTrunk has agreed to be acquired by Macquaire Infrastructure & Real Assets for $2.1 billion USD ($3 billion AUD). AirTrunk, an Australian based provider, operates data centers in Sydney, Melbourne, and Singapore and has announced plans to open a facility in Hong Kong...

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Read Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico
Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

Equinix Completes US$175 Million Acquisition of Three Axtel Data Centers in Mexico

January 09, 2020 Equinix

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of three data centers from Axtel S.A.B. de C.V. (BMV: AXTELCPO) that serve the Mexico City and Monterrey metro areas of Mexico....

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Read Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang
Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

Colt appoints Niclas Sanfridsson as new CEO, replacing Detlef Spang

November 28, 2019 Colt Data Centre Services

Colt Data Centre Services (DCS) today announced the appointment of its new Chief Executive Officer, Niclas Sanfridsson effective December 2nd. Sanfridsson will replace the Detlef Spang as CEO. Detlef Spang plans to retire at the end of this year after leading Colt DCS since the company's...

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Read STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth
STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

November 22, 2019 STACK INFRASTRUCTURE

Long-Term, Low-Cost, Investment-Grade Facility Provides Additional Capital to Drive Market and Client Expansion DENVER, CO – NOVEMBER 22, 2019 – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of...

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