August 11, 2023 EdgeCore Internet Real Estate, LLC
EdgeCore Digital Infrastructure has begun construction on a new facility in Reno, Nevada. The company announced last week that it has begun construction on its first data center campus in the Reno, Nevada metropolitan area, nearly five years later than originally planned. Two data centers will be...
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August 09, 2023 Google
The Council Bluffs data center, located on the Nebraska/Iowa border, will be expanded by Google for $350 million. Plans for a data center in Council Bluffs were first made public in 2007. Google announced expansion plans in 2012 and 2015 and has since spent approximately $5 billion on the...
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August 03, 2023 Microsoft Azure
Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two...
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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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August 01, 2023 QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...
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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 Google
Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its...
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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 27, 2023 Google
The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data...
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July 27, 2023 QTS Data Centers
A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...
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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 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 Google
Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, according...
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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 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 Google
Google has announced that it has begun work on a new data center in the Mesa area of Phoenix, Arizona. A $1 billion project, the facility will span 750,000 square feet (70,000 sqm) once fully built out. Previously known as "Redhawk," the project's first 288,530 sq ft (26,805 sqm) phase is due to...
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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 10, 2023 Google
Initially announced by the mayor of Farciennes, Hugues Bayet, the search and cloud company intends to construct three facilities in the Ecopôle business park in Wallonia. The campus will encompass 570,500 square feet. The project will begin construction by the end of the year and be completed in...
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