January 27, 2022 Equinix
Equinix is making strategic partnerships as it announced that it had formed another joint venture with GIC. The data center company and the Singapore sovereign wealth fund aim to develop hyperscale facilities in South Korea. The companies announced the $525 million joint venture details earlier...
Read more
January 19, 2022 Vancouver
Spencer Building Carrier Hotel is to build a new facility in Vancouver's Harbour Centre. When fully built out, the company says the facility will span 43,000 sqft, with a capacity of 10MW, supporting 20kW+ per cabinet, and over 20,000 connected fibers. According to Director of Data Center...
Read more
January 12, 2022 Equinix
Equinix has signed a green energy deal it has announced. By penning a 10-year Power Purchase Agreement (PPA) with Neoen and Prokon, Equinix will be provided with 85% of the energy produced by the 35MW Björkliden wind farm in the municipality of Närpes, in the western region of Ostrobothnia. This...
Read more
January 07, 2022 Cologix
Investment firm Stonepeak has revealed that it has recapitalized Cologix. Stonepeak is an Abu Dhabi sovereign wealth fund, and it has decided to pull out its investment in Cologix. The agreement sees Stonepeak Infrastructure Fund II LP and its co-investors sell Cologix to vehicles managed by...
Read more
December 16, 2021 Equinix
Equinix has formed a multi-year partnership with Nasdaq, Inc, which will help the company scale its NY11 data center in Carteret, New Jersey. This will also support the build-out of Nasdaq's cloud infrastructure. Tal Cohen, Executive Vice President, Head of North American Markets at Nasdaq, said...
Read more
December 15, 2021 Equinix
The European Clean Hydrogen Partnership has announced its €2.5 million EcoEdge PrimePower project (E2P2). The tech consortium making up the partnership includes Equinix, InfraPrime, RISE, Snam, SolidPower, TEC4FUELS and Vertiv. Together, they will pursue the development of low-carbon fuel cells,...
Read more
December 14, 2021 Cologix
According to Asset Securitization Report, Cologix is planning to raise funds through a $1.1 billion securitization. Cologix will be issuing Asset-Backed Security notes by using proceeds from seventeen properties as backing. According to filings with the Kroll Bond Rating Agency, Deutsche Bank is...
Read more
December 10, 2021 Equinix
Equinix has announced that its PE3 data center in Perth, Australia, has launched, the third IBX facility in the city. According to reports, the first phase of the project provides a capacity of 700 cabinets spanning 1,830 sqm (38,600 sqtf), following an investment of US$54 million (A$71.7...
Read more
December 07, 2021 Equinix
Equinix has announced that it is acquiring West Africa’s data center company MainOne for $320 million. The acquisition sees Equinix expand its operations into Africa for the first time. Funke Opeke founded MainOne in 2010 through its MDXi brand. The company has three data centers in operation in...
Read more
October 28, 2021 Equinix
Equinix has revealed its plans for a new data center in Manchester, UK. The MA5 facility is the company’s fifth IBX facility in Manchester. It is situated in the Agecroft Commerce Park in Salford. The first phase of the facility will provide up to 3,600 square meters of colocation space. It will...
Read more
October 19, 2021 Equinix
Equinix and PGIM Real Estate have formed a new $575 million joint venture with an aim to develop hyperscale data centers in Sydney, Australia. PGIM is the real estate investment and financing division of Prudential Financial. The facilities the companies will be developing under this JV are SY9x...
Read more
September 27, 2021 Equinix
Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...
Read more
August 25, 2021 Equinix
Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...
Read more
August 20, 2021 Cologix
Cologix recently released its first Environmental, Social, and Governance (ESG) report. Within the report, the hyperscale company made a number of commitments, including a pledge to improve its energy efficiencies and harness renewable energy options "where available." Currently, Cologix powers...
Read more
August 18, 2021 Equinix
The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...
Read more
July 24, 2021 eStruxture
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 center...
Read more
July 23, 2021 Equinix
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...
Read more
June 22, 2021 Cologix VAN4
Cologix is branching out in Canada. It has announced that it has entered into a definitive agreement to acquire Zayo's 65,000 sq ft (6,000 sqm) interconnection facility in Vancouver. Cologix will add 4.2MW of capacity to the site. In addition to this, the company has also announced plans to add a...
Read more
June 17, 2021 Equinix
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...
Read more
June 15, 2021 Equinix
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...
Read more