September 28, 2026 VIRTUS Data Centres Ltd
European data center operator Virtus Data Centres has secured a £2.45 billion ($3.25bn) financing package from a consortium of 13 banks. BNP Paribas, Crédit Agricole CIB, Société Générale, and Standard Chartered Bank acted as coordinators and lead arrangers. The funding will support the...
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June 30, 2026 VIRTUS Data Centres Ltd
Virtus Data Centres is planning a new data center in Slough, west of London. The company this week announced London19, a 32.5MW facility at the Slough Trading Estate. Planning permission has already been secured through the estate's Simplified Planning Zone, with Segro set to develop the powered...
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June 17, 2026 London
London Mayor Sadiq Khan has pledged "coordinated action" to address the challenges posed by rising data center demand across the capital, particularly growing pressure on power infrastructure. A report commissioned by the Greater London Authority and prepared by Buro Happold found that while...
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April 15, 2024 London
Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for the...
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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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February 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
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January 10, 2024 London
Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of...
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November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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September 05, 2023 VIRTUS Data Centres Ltd
Virtus Data Centers plans to construct a new 300MW campus outside Berlin in Germany. This week, the company, a division of STT GDC, announced the Wustermark Megacampus in Brandenberg, west of the capital. The first phase of the campus in the municipality of Wustermark will encompass 3.7 million...
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July 27, 2023 London
Thames Water has announced that it is considering restricting data center water-use in London. The measure could reportedly include charging operators more at peak times and adding flow restrictors to pipes.Initially, the private utility undertook an assessment to get insight into how much water...
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July 05, 2023 London
Greystoke Land Ltd has applied to the Three Rivers District Council to demolish extant structures on a 33-hectare site north of Mansion House Farm through Bedmond Road in Abbots Langley to construct a data center campus. The company intends to construct two data center structures totaling up to...
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June 14, 2023 London
Havering Friends of the Earth has voiced concerns over an application to build a data center on Green Belt land. Digital Reef is proposing a huge data center campus in East Havering, within a new 500-acre site, with 67% of the land dedicated to an "ecology park." The company has offered the...
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May 02, 2023 VIRTUS Data Centres Ltd
Virtus Data Centres has announced its plans to build a new data center campus in Berlin, Germany, as part of its global expansion plans. Named Virtus Berlin 1, the facility will be built in Marienpark Berlin and will feature four buildings, offering at least 90MVA of power. The project will be...
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March 21, 2023 London
Akamai Technologies, an American provider of content delivery services, and Ondat, a provider of cloud storage, have signed a binding agreement. The transaction is anticipated to occur in the first quarter of 2023, and Akamai anticipates no major changes to its annual financial forecast. The...
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March 01, 2023 London
The trading and market data systems of its clients are being transferred from the Main Data Center, which is now in the City of London, to the new London Stock Exchange Group (LSEG) Data Center, which is located close to the Docklands. After securing considerable infrastructure capacity in the...
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March 01, 2023 London
The new London Stock Exchange Group (LSEG) data center is now home to a number of clients of Transaction Network Services (TNS). TNS was compelled to move after LSEG declared that its present City of London data center would be shut down. The brand-new colocation facility in Docklands still...
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February 23, 2023 London
A 185,150-square-foot data center is projected for northeast London. Alandale Scaffolding has applied to Epping Forest District Council for permission to construct a new center in Loughton, close to the Debden station, as first revealed by EssexLive. The company intends to construct a...
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February 06, 2023 VIRTUS Data Centres Ltd
Virtus, a data center company in the United Kingdom, has hired JLL to manage its centers. This week, JLL confirmed that it had been selected to provide complete facilities management expertise for all of its UK data center facilities. Neil Cresswell, the CEO of Virtus, stated that this is an...
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November 21, 2022 London
Leading environmental group CPRE has argued that Digital Reef's plans to build Europe's "largest data center" will cause "massive environmental damage" and has vowed to fight its development. As previously covered by Baxtel, the £5.3 billion ($5.97bn) project is to be built on land in North...
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