News

The Arkansas Data Centers Act was recently passed after being proposed not long ago on March 30 by Senator Joshua Bryant. The legislation seeks to regulate the Bitcoin mining industry in the state, and will allocate crypto miners the same rights as data centers. It outlines that the government...

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, 202...

Asset-backed securities worth $144.7 million have been closed by Cologix. Through a private placement transaction that was completed on April 5, the North American and Canadian hyperscale Edge data center and network-neutral links provider made a deal with secured notes. Cologix's chief financ...

As the carrier grows in Europe, Saudi Telecom Co. has agreed to pay $1.3 billion for a portfolio of tower assets from United Group. According to a statement released on Thursday, the state-backed company's Tawal infrastructure arm is offering funds for a portfolio of more than 4,800 towers in ...

Raxio has announced that it has secured up to $170 million in sustainability-linked debt, as part of a multiple-tranche sustainability-linked debt facility. Through Proparco and the Emerging Africa Infrastructure Fund (EAIF), a Private Infrastructure Development Group (PIDG) company, the fina...

In Racine County, Microsoft's $1 billion data center campus in Wisconsin has been given the go-ahead by The Racine County Board of Supervisors after initially receiving Village Board approval. As per the deal, the tech giant will begin the first phase of construction by July 2026, with the sec...

Google has announced that it has signed a new 10-year PPA with Eneco, a Dutch utility company, for 0.5TW/h of power, with a capacity of 153MW across the lifespan of the deal. The two wind farms the energy will be sourced from are the Fryslân offshore wind farm and the Kroningswind onshore win...

In Brazil, Agência Brasileira de Inteligência, ABIN, Brazil’s intelligence agency has announced the launch of a new Zeittec-built modular data center. Designed to Tier III standards, the facility reportedly has extremely high security in order to perform its function to protect confidential da...

NetActuate has announced that it is expanding its footprint in the Midwest, with the addition of a new data center in Kansas City, Missouri, which is considered to be one of the fastest-growing tech hubs in the US. NetActuate has outlined that the new data center features redundant power and ...

A fire has started at the Glenside Data Centre in Adelaide, Australia. Among other government services, the event led to the failure of South Australia's state hospitals' electronic medical records system. The primary data center for the state government is located in Glenside. The electrical ...

A five-year agreement between the Canadian government and the Swedish vendor Ericsson will see more than $351 million invested in two research and development facilities in Ottawa, Ontario, and Montreal, Quebec. To enhance mobile networks, the investment will concentrate on 5G Advanced, 6G, Cl...

A syndicated loan has been obtained by Empyrion DC, a portfolio business of Seraya Partners, from KEB Hana Bank, Hana Capital Co Ltd, and the National Credit Union Federation of Korea to fund the development of the Gangnam Data Centre (GDC) in Seoul, South Korea. The funding from the loan w...

Key Point and Rostelecom are teaming up to build a new data center on Sakhalin Island, off the east coast of Russia, north of Japan. In September 2022, Key Point signed an agreement with Sakhalin Oblast Governor Valery Igorevich to construct a data center in the Sakhalin Region, without provid...

Skybox's data center in Elk Grove Village, Illinois, a co-development with Prologis, is located on the site of a former industrial complex. Bandera Ventures and Skybox Datacenters, both based in Dallas, intend to construct a multi-building data center complex in Lancaster, Texas. The proposed ...

Intel has announced that it will be exiting the prebuilt server system business due to its low-margin profitability. The Data Center Solutions Group (DSG) will be sold to MiTAC, an edge-to-cloud IT solutions provider and a long-standing ODM partner of DSG. MiTAC will have the right to manufact...

Keppel Data Centres has announced that its floating data center park in Singapore has received approval and will proceed. Located at the Loyang Offshore Supply Base operated by Toll Group, the facility was originally proposed back in 2019, which came after a significant investment in Californi...

Data centers are already known for guzzling enormous amounts of water, so as AI enters its "gold rush" era, how will it affect water consumption? Well, a new study by researchers from the Universities of Colorado Riverside and Texas Arlington found that training large AI models like OpenAI's C...

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...