News

I Squared Capital is to acquire KIO Networks through its ISQ Growth Markets Infrastructure Fund and ISQ Global Infrastructure Fund III. None of these companies disclosed the terms of the deal. KIO Networks is the biggest data center firm in Mexico. It operates 11 core data center campuses a...

Dutch telco KPN has agreed to a €1 billion ($1.176bn) sustainability-linked loan. The loan is linked with some sustainability performance in the next few years. The credit facility will be linked to three sustainability objectives. The first one is reducing its energy consumption, the secon...

Nabiax has announced that it has tied its project financing to sustainability goals. The data center firm announced that its €320 million ($379.5m) financing had been converted into a sustainable format. Valora will serve as the project’s sustainability consultant, while BBVA will be the susta...

Vantage Data Centers recently announced that it will push to achieve net-zero carbon emissions globally by 2030. It says that it will strive to reach these targets by reducing greenhouse gas emissions and investing in carbon-removal technology. Specifically, the company will focus its efforts...

DC Matrix, a new Edge data center firm based in Queensland, Australia, wants to build six data centers in Queensland. The first of the six facilities will be in Slippy Downs, on the Sunshine Coast. The chief digital infrastructure officer at DC Matrix, Adam Gibson, said the building design of ...

CBRE Group will acquire a 60% stake in Turner & Townsend for £960 million ($1.3 billion) cash. CBRE Group is a real estate services and investment firm. At the same time, Turner & Townsend is a UK-based real estate, natural resources, and infrastructure consultancy that provides cos...

Digital Realty has announced it is expanding its footprint in Seoul, South Korea, with a 64MW data center following the purchase of a land parcel in Gurae-dong, Gimpo City, in northwest Seoul. It is expected to be completed in the first half of 2023.The facility will span 970,000 square feet ...

As Compass Datacenters expands across North America, it is prioritizing sustainability in the building of its data centers. Using technology created by Nova Scotia-based CarbonCure Technologies means that not only is less cement required in the mixing of concrete, but CO2 is also permanently r...

NextDC just bought a plot of land covering 1,334,724 square feet in West Sydney for the development of a new data center. The site is located at Horsley Park, in New South Wales. This location will be NextDC’s fourth facility in the city, and it will be called S4. NextDC also says subject t...

BizJournal reports that Flexential is expanding its Franklin, Tennessee data center. The report states that Flexential has been granted building permits to expand its data center at 4600 Carothers Parkway. The Company is reportedly calling on Turner Construction for the project dubbed as ‘P...

Ashton Old Baths, a Victorian bathhouse in Manchester, has undergone a significant transformation into a council data center, and a tech hub spanning over 10,000 sq ft of office and coworking space.The historic Grade II-listed building, which first opened in 1870, is now in phase two of redeve...

Scala Data Centers has announced that it has inked a Power Purchase Agreement (PPA), a long-term energy purchase agreement with ENGIE Brasil Energia. This agreement, worth approximately 250mn reais (US$48.5 million), will see over 1,600 GWh of clean energy supplied by 2033.Speaking about the ...

Telstra has announced the conversion of two of its data centers into carrier-neutral colocation facilities. Based in Sydney and Melbourne, both facilities have a PUE of 1.61 and 10MW power capacity.This move, according to reports, could be the first in a series of smaller data centers opening...

A new independent government report into the efficiency of UK government spending suggests that the UK government should introduce a central registry of all its data centers. According to the report, this recommendation comes in an effort to ensure “every pound is spent effectively and efficie...

Amazon, like many other big tech companies, is making big sustainability pledges. Some of these pledges include becoming net-zero carbon by 2040 and powering all of its operations with renewable energy by 2025. These targets are needed, too, considering the scale of the tech giant. Speaking t...

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid con...

RIO DE JANEIRO, July 28, 2021 /PRNewswire/ -- The financial group Piemonte Holding, Globo Comunicação e Participações and Drammen Elea Digital, Piemonte's data center holding company, announced this Wednesday (28) that they have signed a sale and purchase agreement concerning Globo's data cent...