News

DC BLOX has announced that they have secured $187 million for long-term financing of their operations. The funding was led by Post Road Group and Bain Capital Credit. Kevin O’Donnell, the Chief Financial Officer of DC BLOX, commented that the capital raised would support the growth of the Comp...

Microsoft has purchased 170 acres of underdeveloped land north of Pangborn Memorial Airport for $19.3 million. The investment could well rise to over $1 billion in the next five years to build a multi-phase data center. Microsoft has also started leveling the construction site in preparation f...

Mapletree Industrial Trust (MIT), a Singapore based REIT, acquired Bank of America’s campus at 8011 Villa Park Drive on March 12 for $208 million. The 46-acre campus in Richmond Virginia has five office buildings with a mix of office and data center space. The campus is 100 percent leased by C...

Global Switch has launched the final stage of its Hong Kong center, located in the Tseung Kwan O Industrial Estate. The latest development provides an additional 35,600 sqm and 58MVA of utility. Now, the total infrastructure services of Global Switch Hong Kong's is 70,228 sqm, with a total uti...

Facebook just announced that it would be expanding its data center campus in Papillion for the second time. Facebook said it would be expanding the data center facility at the intersection of Capehart Road and Nebraska 50 by about 1 million square feet. It also noted that the project would cos...

Digital Realty recently said that it has expanded secure, private access to Google Cloud’s global network in Atlanta, Los Angeles, Vienna in Austria, and Dusseldorf in Germany. Digital Realty also announced that it had added its second direct interconnect to Google Cloud in Frankfurt.The direc...

Airtrunk recently announced the opening of its second Sydney data center- Airtrunk SYD2 to help the growth of cloud customers. The new facility has 110MW of capacity and will be the 3rd largest single-campus data center in the entire Asia-Pacific region. SYD2 is powered by a dedicated 200MVA 1...

STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in sec...

HONOLULU, Hawaii  – DRFortress, the largest carrier-neutral data center and cloud marketplace operating in Hawaii, announces a major expansion to its data center campus in Honolulu is complete and ready for service. DRFortress added 125 cabinets, creating a total of 600 cabinets for lease and...

NEXTDC recently reaffirmed its commitment to sustainability by announcing its new data center carbon neutrality program, NEXTneutral. It is the first carbon-neutral colocation solution available in the local market and accredited as 100% carbon neutral under the Australian Federal Government's...

Element Critical has acquired Skybox's Houston One facility. Element Critical is the new owner, but Skybox will continue to operate the facility and handle wholesale leasing. Skybox and Element Critical jointly issued the press release below on March 16th 2021: Vienna, VA, — Element Critical, ...

DartPoints that it has signed an agreement to acquire Immedion and all its eight data centers. The eight data centers are in seven metropolitan areas, which are; Asheville, NC., Charleston, SC., Columbia, SC., Greenville, SC., Spartanburg, SC., Columbus, Ind., and Cincinnati. The transaction f...

MONTREAL –  eStruxture, the largest Canadian-owned provider of network and cloud-neutral data center solutions, announces today the addition of Al Shulman as Senior Vice President, Sales and Marketing. With more than 20 years of experience in the telecommunication and energy industries, Shulm...

SÃO PAULO, March 15, 2021 /PRNewswire/ -- The financial group Piemonte Holding, from Rio de Janeiro, closed last Friday (12) the acquisition of five data centers from Oi for a total amount of R$ 367 million (approx. USD 70 million). The transaction is in accordance with the amendment to the ju...

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for gen...

A fire destroyed SBG2 and part of SBG1 data centers in Strasbourg, France. The facilities are part of a data center campus owned by OVH Cloud, a French cloud computing company. The fire destroyed completely destroyed SBG2 and 4 rooms out of 12 in the adjacent SBG1 data center. At this time, it...

Aligned recently announced the completion of its second data center in the Salt Lake Metro Area, West Jordan, UT. The 48 MW (expandable to 60MW), 240,000 square-foot facility will feature Aligned’s patented cooling technology, which consumes 80% less energy and 85% less water than traditional ...

VPLS, a cloud-to-edge computing and solutions provider, announces today its successful partnership with Summit Development to oversee data center operations at the data center facility located at 480 N. Bedford Plaza in Chappaqua, New York. The Chappaqua data center will be known as NY2 within...

According to plans submitted to the Hoffman Estates council, Microsoft aims to build two data centers on the 53-acre site on the north side of Lakewood Blvd in two phases. Phase one would see a 250,000 sq ft (23,200 sqm) building erected by the end of 2022. The second phase would be a 150,000 ...

BRUSSELS, /PRNewswire/ -- Interxion: A Digital Realty Company (NYSE: DLR) and leading European provider of carrier- and cloud-neutral colocation data centre solutions, has begun construction of a third data centre in Belgium. The first phase of the project, which is expected to be completed Q4...