Data Center News

STACK INFRASTRUCTURE Raises $400 million in Another Round of Structured Debt Financing

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

March 19, 2021

STACK INFRASTRUCTURE

STACK closes an additional $325 Million in Debt Financing

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 Rel...

September 01, 2020

STACK INFRASTRUCTURE

Segra Acquires NorthState

Charlotte, NC – Segra, one of the largest fiber infrastructure bandwidth companies in the Eastern U.S., today announced it has acquired NorthState, a provider of high-speed bandwidth services in the fast-growing Piedmont Triad region of North Carolina. The acquisition expands Segra’s fiber ne...

May 19, 2020

Segra

Google Slows Hiring for Remainder of 2020

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 co...

April 15, 2020

Google

SUNeVision lands Microsoft ExpressRoute on MEGA Campus

SUNeVision Holdings Ltd, a Data centre provider in Hong Kong, has announced a new Microsoft Azure ExpressRoute on-ramp. Enterprises will have the ability to directly connect to Azure in MEGA-i, either through an onsite point of presence (PoP) or via telco partners, managed service providers or...

April 01, 2020

Microsoft Azure

STACK INFRASTRUCTURE Expands Securitization by $225 million to Fund Growth

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...

November 22, 2019

STACK INFRASTRUCTURE

Microsoft Plans 2 New Data Centers in Sweden

Microsoft is reportedly building two new datacenters in Sweden, according to Swedish Newspaper Gefle Dagblad (via MSN). It was previously reported in December that the company had acquired 130 hectares of land in the municipalities of of Gävle and Sandviken, near the Swedish capital Stockho...

March 25, 2019

Microsoft Azure

Microsoft and EDP Renewables Execute a Wind Energy Agreement in Ohio

HOUSTON, and REDMOND, Wash. — March 7, 2019 — EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America LLC, and Microsoft Corp. have executed two 15-year power purchase agreements (PPA) totaling 125 megawatts (MW) that will bring the Timber Road IV Wind Farm t...

March 07, 2019

Ohio

Google's Curie Cable System to Land at Equinix LA4 (PR)

REDWOOD CITY, Calif. /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced that Google has selected Equinix for its Los Angeles area cable landing station (CLS) supporting the Curie subsea cable system, the first subsea cable to Ch...

February 07, 2019

Google

Microsoft Announces Sixth Expansion in Mecklenburg County, Virginia

Microsoft Corporation will invest significant capital to expand its Boydton enterprise data center in Mecklenburg County, Virginia. The project is Microsoft’s sixth expansion at the facility since 2010 and will allow the company to further enhance its ability to serve customers in the U.S. and...

January 24, 2019

Microsoft Boydton VA

STACK INFRASTRUCTURE announces the Combination of Data Center Assets to create a new company

DENVER, CO – STACK INFRASTRUCTURE (“STACK” or the “Company”), the data center company built from the ground up to address the technology infrastructure needs of rapidly scaling enterprises and hyperscale companies, today announced the launch of its newly established platform and strategy. Lev...

January 15, 2019

STACK INFRASTRUCTURE

Infomart Data Centers Appoints Brian Cox as Chief Executive Officer

Infomart Data Centers, a leading provider of wholesale data center solutions focused on the unique requirements of hyperscale and enterprise customers, today announced the appointment of distinguished data center executive Brian Cox as Chief Executive Officer and member of the board of directo...

November 03, 2018

STACK INFRASTRUCTURE

Infomart hires Phil Koen as Interim CEO

Infomart Data Centers, a national wholesale carrier-neutral data center provider, announced today that its board of directors has appointed Phil Koen as a new member. Mr. Koen will also serve as the company’s Interim Chief Executive Officer, succeeding Infomart’s founder and former President, Joh...

July 05, 2018

STACK INFRASTRUCTURE

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