News

Data center company Etix Everywhere has received a $46.8 million investment from European private equity firm Eurazo. The funding was obtained by Etix Everywhere's French division through Eurazo's infrastructure strategy, according to a report this week from Global Data Centre Group (GDC), ...

Kio Networks, a Mexican data center company, is developing a third data center in Querétaro. The corporation revealed this week that it had purchased 261,100 square feet of land in Querétaro for the development of a new data center. QRO3 will be the company's third plant in the region, and ...

PowerHouse is one of the latest companies to enter Northern Virginia and join the data center boom. A division of American Real Estate Partners, and backed by investment firm Harrison Street, the company also recently joined the Infrastructure Masons (iMasons) Climate Accord, becoming one of 1...

Deutsche Telekom has announced its plans to rollout battery energy storage systems across Germany. The company has outlined that the systems will support 300MWh.The first system, which is a 1MW/6MWh unit, has already been deployed at Deutsche Telekom's head office in Munich. This is part of th...

CapitaLand has announced the launch of its China-focused data center development fund, namely CapitaLand China Data Centre Partners (CDCP), through which it is planning two new facilities located outside Beijing, with a focus on sustainability.According to the company, the two development proj...

NE Edge Manager George McLaughlin III has announced plans for a data center in Connecticut at the Millstone nuclear power station. The two-building project contains one building with two 568,000 sqft stories, and a second with two 214,000 square foot stories. In total, the development would sp...

Data center and network services company US Signal has been fully acquired by investment firm Igneo Infrastructure Partners. The investment, which was initially disclosed in September 2022, is Igneo's first in the US telecommunications and digital infrastructure industry. In light of the trans...

Fintech and payments company Fiserv will maintain its data center in Brookfield, Wisconsin, following the relocation of its headquarters to downtown Milwaukee. As per BizJournal, the decision to maintain the data center and its personnel in Brookfield results from the "prohibitive expenses" of...

On February 22nd, NTT Global Data Centers revealed that its MIST subsea cable had arrived in Mumbai, India. The Myanmar/Malaysia India Singapore Transit (MIST) cable system has a length of approximately 5000 miles. It links Malaysia, Singapore, Thailand, and Myanmar, as well as Mumbai and Chen...

Gaw Capital Partners with A3 Capital has created a new Southeast Asia-focused data center joint venture platform. This week, real estate private equity company Gaw launched a joint venture to invest in greenfield and failing data center facilities in major Southeast Asian countries. Also, t...

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 ...

PLDT is apparently considering selling a portion of its data center operations. Bloomberg reports, citing sources familiar with the situation, that the telecommunications company is once again considering the sale of a "substantial minority share" in its data center holdings. The company is en...

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 D...

AirTrunk has announced that it has broken ground on the second phase of its TOK2 data center located in Tokyo, Japan. This follows the groundbreaking of the first phase only three months ago. The company has outlined that the new phase is scalable to approximately 50MW of capacity and custom-...

Varanium Cloud, an Indian digital technology startup, has opened a new Edge data center in Maharashtra. This week, the company's Hydra Web Services unit opened a containerized data facility in the municipality of Kudal in the Sindhudurg region. Although no details were provided, photos impl...

Northwestern Mutual is abandoning its campus in Franklin, Wisconsin, on the outskirts of Milwaukee, as part of a $500 million effort to relocate to an office complex in downtown Milwaukee. Per the Milwaukee Journal Sentinel, this is partially due to the fact that the corporation no longer need...

Techtonic is investing hundreds of millions of NIS ($55m+) in an underground data center, referred to as Titan 4, in Bet Shemesh, 20km east of Jerusalem. The facility will have a capacity of 16MW facility and pegged span an area of 15,000 square meters (161,450 sq ft) across 10 data halls. It ...

Equinix has shut down a data center in Paris and inked a new pre-leasing agreement for new construction in the French city with French real estate firm Icade.In its Q4 2022 financial report issued last week, the colo company said PA1 had been shut down. The purpose-built facility at 167 Rue...

UK MSP Lunar Digital has acquired a Manchester data center owned by Equinix in the upcoming months. This week, Manchester-based Lunar Digital, a provider of managed cloud, data center, and cyber security solutions, revealed that it had bought Reynolds House, a leased Equinix building former...