Data Center News

Read CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million
CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

CyrusOne Data Centers is Getting Ready to Issue CMBS Worth $701 million

April 20, 2023 CyrusOne

Asset-backed securities totaling $701 million will be backed by real estate and tenant contracts for space and electrical capacity in five finished and operational data centers in Texas and Virginia. According to a pre-sale assessment from S&P Global Ratings, the CyrusOne Data Centers, 2023-1...

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Read DataBank to expand one of its Seattle, Washington facilities
DataBank to expand one of its  Seattle, Washington facilities

DataBank to expand one of its Seattle, Washington facilities

April 18, 2023 DataBank

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW. “We decided to expand our footprint in the Seattle area based on how fast its digital...

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Read DataBank Obtains Credit Facility of $325 Million
DataBank Obtains Credit Facility of $325 Million

DataBank Obtains Credit Facility of $325 Million

April 07, 2023 DataBank

To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The...

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Read Aphorio Carter Buys Fibertown Data Facility in Texas
Aphorio Carter Buys Fibertown Data Facility in Texas

Aphorio Carter Buys Fibertown Data Facility in Texas

February 23, 2023 Fibertown Bryan

Aphorio Carter, an infrastructure fund, has purchased a Bryan, Texas, data center that was leased to the colocation company Fibertown. The Fibertown Data Center at 110 N Main Street in Brazos County was purchased by the Aphorio Carter Fund Management Corporation, a critical infrastructure and...

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Read DataBank Secures $715m For Data Center Development
DataBank Secures $715m For Data Center Development

DataBank Secures $715m For Data Center Development

February 23, 2023 DataBank

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and...

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Read Construction Of a Data Center By CyrusOne Has Begun In Quincy, Washington
Construction Of a Data Center By CyrusOne Has Begun In Quincy, Washington

Construction Of a Data Center By CyrusOne Has Begun In Quincy, Washington

February 20, 2023 CyrusOne

CyrusOne is building a data center in Quincy, Washington. The corporation has a 45-acre block of land in the city of Washington State and has made it known that it intends to construct a campus there with built-to-suit buildings and a capacity of up to 96MW. The Columbia Basin Herald noted work...

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Read CyrusOne acquires a 57.6-acre land parcel in Loudoun County, Virginia
CyrusOne acquires a  57.6-acre land parcel in Loudoun County, Virginia

CyrusOne acquires a 57.6-acre land parcel in Loudoun County, Virginia

January 23, 2023 CyrusOne

CyrusOne has purchased a 57.6-acre land parcel in Loudoun County, Virginia. The location of the parcel is near the intersection of the Dulles Greenway toll road and Belmont Ridge Road. This recent land acquisition is part of the company’s global growth and expansion plans. Speaking about this,...

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Read CyrusOne accelerates carbon neutral pledge
CyrusOne accelerates carbon neutral pledge

CyrusOne accelerates carbon neutral pledge

December 12, 2022 CyrusOne

Data center firm CyrusOne, a member of the Climate Neutral Data Centre Pact, has announced that it is accelerating its carbon-neutral pledge by ten years. The company is now promising to achieve this green goal by 2030 rather than 2040. According to the company, it will achieve this goal by...

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Read Lumen To Sell its EMEA Operation to Colt For $1.8 Billion
Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

Lumen To Sell its EMEA Operation to Colt For $1.8 Billion

November 07, 2022 Lumen Technologies

Lumen has announced that it will sell its Europe, Middle East, and Africa (EMEA) operations to Colt in a $1.8 billion deal. The deal will see Lumen divest its EMEA business, including its data centers, terrestrial and subsea networks, and network equipment in the EMEA region, to Colt. The deal is...

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Read CyrusOne proposes data center outside of London
CyrusOne proposes data center outside of London

CyrusOne proposes data center outside of London

November 01, 2022 CyrusOne

CyrusOne is reportedly proposing a new facility located just outside of London in Iver Heath, Buckinghamshire, UK. The company filed its application in October with Buckinghamshire council, which outlined its plans for the 'Iver Heath Data Park,' a proposal to redevelop the Shannon Group...

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Read DataBank launches Salt Lake City data center
DataBank launches Salt Lake City data center

DataBank launches Salt Lake City data center

October 27, 2022 DataBank

DataBank has announced the opening of its latest Salt Lake City data center, SLC6. According to the company, the facility was built to meet the growing demand for increased capacity and mission-critical IT infrastructure.“We are pleased to open this new facility, providing additional capacity to...

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Read IMCO Pumps $450 million in DataBank
IMCO Pumps $450 million in DataBank

IMCO Pumps $450 million in DataBank

October 24, 2022 DataBank

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022. The Chief Investment Officer of IMCO,...

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Read CyrusOne breaks ground on its first European facility outside FLAP-D markets in Madrid, Spain
CyrusOne breaks ground on its first European facility outside FLAP-D markets in Madrid, Spain

CyrusOne breaks ground on its first European facility outside FLAP-D markets in Madrid, Spain

October 19, 2022 CyrusOne

CyrusOne has announced that it has begun work on its latest facility in Madrid, Spain, located in the municipality of Alcobendas, after acquiring the freehold purchase of the 5-acre site in 2022. The groundbreaking ceremony was attended by executives from CyrusOne, construction company Itercon,...

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Read CyrusOne: Approval granted for Science-Based Carbon Target from SBTi
CyrusOne: Approval granted for Science-Based Carbon Target from SBTi

CyrusOne: Approval granted for Science-Based Carbon Target from SBTi

August 18, 2022 CyrusOne

CyrusOne has announced that it has received approval of its greenhouse gas (GHG) emission reduction target by the Science Based Targets initiative (SBTi), reaffirming its commitment to the target of reducing absolute Scope 1 (fuels) and Scope 2 (electricity) GHG emissions by 38% by 2030 from a...

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Read DataBank To Develop a 40MW Data Center at Newly Acquired Property
DataBank To Develop a 40MW Data Center at Newly Acquired Property

DataBank To Develop a 40MW Data Center at Newly Acquired Property

May 18, 2022 DataBank

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...

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Read What does CyrusOne's most recent sustainability report reveal?
What does CyrusOne's most recent sustainability report reveal?

What does CyrusOne's most recent sustainability report reveal?

May 10, 2022 CyrusOne

CyrusOne, a founder and signatory of the Climate Neutral Data Centre Pact, recently released its latest sustainability report, where it outlined its efforts to cut both Scope 1 and 2 carbon emissions, and revealed it has hit its 2030 carbon reduction commitments eight years early and become water...

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Read CyrusOne collaborates with Gexa Energy for wind and solar energy
CyrusOne collaborates with Gexa Energy for wind and solar energy

CyrusOne collaborates with Gexa Energy for wind and solar energy

April 22, 2022 CyrusOne

CyrusOne, a signatory and founding member of the Climate Neutral Data Centre Pact, has announced that it is collaborating with Gexa Energy following the signing of a new power purchase agreement (PPA). Through this agreement, the data center company will be provided with wind and solar power for...

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Read DataBank Is Expanding its SNA2 Facility
DataBank Is Expanding its SNA2 Facility

DataBank Is Expanding its SNA2 Facility

April 20, 2022 DataBank

DataBank has announced that it is expanding its SNA2 data center in Irvine, California. The expansion will see the company add 4MW of critical power and 24,000 square feet (2,200 square meters) of raised floor space. The facility currently offers 4MW of critical power and 3,100 square meters...

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Read KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn
KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

KKR & GIC Make History By Closing CyrusOne's Acquisition for $15bn

April 04, 2022 CyrusOne

KKR & Global Infrastructure Partners have announced that they have completed and closed the acquisition of CyrusOne. The acquisition sees the public company become private. The acquisition fee is $15 billion, making it the largest Merger and Acquisition deal in the data center industry...

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Read CyrusOne joins the orchard initiative
CyrusOne joins the orchard initiative

CyrusOne joins the orchard initiative

March 18, 2022 CyrusOne

As more and more companies in the digital infrastructure sector realize the efforts required to change the trajectory of our planet’s path, more are joining different eco projects to contribute to the transformation. CyrusOne is one of these companies and has announced that it has joined Host in...

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