Data Center News

Read CoreSite Absorbs Three American Tower's Data Centers
CoreSite Absorbs Three American Tower's Data Centers

CoreSite Absorbs Three American Tower's Data Centers

June 09, 2022 CoreSite

CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta), and...

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Read Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility
Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

May 09, 2022 Cogent Communications

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter...

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Read CoreSite Is Developing a 34MW Facility in Silicon Valley
CoreSite Is Developing a 34MW Facility in Silicon Valley

CoreSite Is Developing a 34MW Facility in Silicon Valley

March 04, 2022 CoreSite

CoreSite has announced that it has gotten approval from Santa Clara’s Planning Commission for the development of a 200,000 square foot (18,500 square meters) 34MW data center in Silicon Valley. The facility is located at 2905 Stender Way. Coresite only got the approval after going through...

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Read Verizon signs seven Power Purchase Agreements
Verizon signs seven Power Purchase Agreements

Verizon signs seven Power Purchase Agreements

January 22, 2022 Verizon Enterprise

As it expands its usage of green energy, Verizon, has announced that it has signed seven new Power Purchase Agreements (PPAs) for renewable energy representing 910MW. The company's sustainability goals are to have carbon neutrality across all its operations (scope 1 and 2) by 2035. Renewable...

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Read USDA awards Lumen with a $1.2 billion network services contract
USDA awards Lumen with a $1.2 billion network services contract

USDA awards Lumen with a $1.2 billion network services contract

January 21, 2022 Lumen Technologies

Lumen Technologies has won a $1.2 billion contract from the US Department of Agriculture. Lumen is to deliver a fully integrated wide-area data transport service to over 9,500 US Department of Agriculture locations across the country and around the world. With this contract, Lumen will offer a...

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Read Verizon expands in Colorado Springs
Verizon expands in Colorado Springs

Verizon expands in Colorado Springs

January 18, 2022 Verizon Enterprise

Verizon has announced that it is expanding its digital footprint with the addition of a second data center in Colorado Springs. The company has submitted a proposal for a 49,000 square-foot (4,500 sqm) data center on Arrowswest Drive in El Paso County, with plans for a potential second phase for...

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Read CoreSite’s VA3 Data Center goes green, powered by 100% renewables
CoreSite’s VA3 Data Center goes green, powered by 100% renewables

CoreSite’s VA3 Data Center goes green, powered by 100% renewables

December 01, 2021 CoreSite

CoreSite has announced that its VA3 data on its Northern Virginia campus is powered by 100% renewable energy. This move to green has been achieved through Dominion Energy’s 100% Renewable Energy Program, which has a portfolio of locally-sourced solar, hydroelectric, and biomass energy. Commenting...

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Read CoreSite exploring sale
CoreSite exploring sale

CoreSite exploring sale

November 12, 2021 CoreSite

According to Reuters, CoreSite is looking at the possibility of a sale. The real estate trust is working with an investment bank to see its options. CoreSite currently operates over 25 data centers across North America. It also has a market of over $8 billion. According to reports, CoreSite has...

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Read Lumen pays $275,000 to DoJ for contacting former customers it divested
Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen pays $275,000 to DoJ for contacting former customers it divested

September 07, 2021 Lumen Technologies

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

July 28, 2021 Lumen Technologies

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...

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Read CoreSite raises $150 million in debt offering
CoreSite raises $150 million in debt offering

CoreSite raises $150 million in debt offering

May 06, 2020 CoreSite

CoreSite has raised $150M in a debt offering, via a private placement to accredited investors. According to CoreSite, the 3.75 percent Senior Notes are due in 2027. The company said the proceeds of the financing will go to refinance existing debt and for general corporate purposes.

Read Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]
Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

Equinix Completes Acquisition of 29 Data Centers from Verizon [Press Release]

May 01, 2017 Verizon Enterprise

REDWOOD CITY, Calif., May 1, 2017 /PRNewswire/ -- Equinix, Inc. (Nasdaq: EQIX), the global interconnection and data center company, today announced the completion of its acquisition of 29 data centers and their operations from Verizon Communications Inc. (NYSE, Nasdaq: VZ). The U.S. $3.6 billion...

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Read CoreSite Attains HIPPA Compliance for 16 data centers
<a href="http://www.businesswire.com/news/home/20160825006269/en/CoreSite-Realty-Corporation-Successfully-Attains-HIPAA-Compliance" target="_blank">Buiness Wire Press Release Link</a>

CoreSite R...

CoreSite Attains HIPPA Compliance for 16 data centers

August 26, 2016 CoreSite

Buiness Wire Press Release Link CoreSite Realty Corporation Successfully Attains HIPAA Compliance Validation DENVER--(BUSINESS WIRE)--CoreSite Realty Corporation (NYSE:COR), a premier provider of secure, reliable, high-performance data center and interconnection solutions across the U.S., today...

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