August 02, 2023 STACK INFRASTRUCTURE
$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billion...
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July 28, 2023 Microsoft Azure
This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capital...
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July 28, 2023 Digital Realty Trust
TPG Real Estate now owns 80% of three Digital Realty data centers in the US state of Virginia's Northern Virginia. Digital will continue to oversee the daily operations of the joint venture's facilities. The data center business aims to utilize the $1.3 billion in proceeds from the transaction to...
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July 28, 2023 Microsoft Azure
KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next...
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July 28, 2023 Microsoft Azure
Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million. The company intends...
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July 26, 2023 Microsoft Azure
Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land with 39...
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July 26, 2023 Digital Realty Trust
Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industries...
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July 26, 2023 STACK INFRASTRUCTURE
Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24. The notes have received an A-2 rating from S&P Global. This is presently set...
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July 21, 2023 Compass Datacenters
Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...
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July 20, 2023 Microsoft Azure
According to reports, Microsoft has been granted permission to construct a 170MW gas power facility for its Dublin data center expansion. As per a report from Business Post, the cloud giant applied in December to construct a gas power facility for its $1 billion Dublin data center campus...
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July 19, 2023 EdgeConneX
EdgeConneX has announced the deployment of AWS Direct Connect with both 10Gbps and 100Gbps capability at the Phoenix Edge Data Center (PHX01). The company shared that this will enable customers to establish direct edge cloud on-ramps. This, it shared, can reportedly reduce costs, improve...
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July 18, 2023 Digital Realty Trust
GI Partners has acquired a majority stake in two data centers in Chicago, Illinois, from Digital Realty. This week, the business announced that it had formed a joint venture with GI Partners to sell a 65 percent stake in two stabilized hyper-scale data center facilities and their associated...
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July 17, 2023 Equinix
Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area in...
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July 17, 2023 Microsoft Azure
Microsoft has plans for data centers in Sterling, Virginia. BizJournal reports that Microsoft purchased a 14-acre parcel at 23540 Pebble Run Place for approximately $15 million last month, citing Loudoun County property records. Data centers are already legally permitted on the property, which is...
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July 14, 2023 Cologix
Cologix is expanding its data center in Minneapolis, Minnesota, by adding a new data hall. With the new MIN5 data center now available for pre-leasing, the company has increased its presence in the Minneapolis, Minnesota, market. Located in the 511 Building carrier hotel, also known as the...
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July 14, 2023 Equinix
As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to be...
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July 12, 2023 Digital Realty Trust
Digital Realty's KIX13, its newest data center in Osaka, Japan, has been certified as NVIDIA DGX H100-ready as part of the NVIDIA DGX-Ready Data Center program. The facility reportedly received this accreditation, the first Japanese facility to do so, based on its ability to provide a dedicated,...
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July 11, 2023 Microsoft Azure
Microsoft intends to build a new data center in the Brazilian state of So Paulo. Microsoft is constructing a new data center in Sumaré, presumably expanding its Azure cloud region in So Paulo. The facility will be adjacent to Santo Antonio Park along the Venancio Calegari Municipal Road in Nova...
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July 10, 2023 Microsoft Azure
Microsoft has announced further expansion in Sydney, with plans for a new data center campus. Located in Kemps Creek in Western Sydney, the facility will be designed in collaboration with Indigenous-owned Indigital, to shape the site’s exterior artwork and landscape design in a way that “supports...
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July 04, 2023 Microsoft Azure
Microsoft has teamed up with Constellation to reduce the carbon footprint of one of its data centers in Boydton, Virginia. By signing an hourly carbon-free energy matching agreement with the energy producer, Microsoft's Boydton facility will receive up to 35 percent in environmental attributes...
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