News

London, UK, – Verne Global, a provider of advanced data center solutions for high performance computing (HPC), today announced a new round of funding of $27M to expand its Icelandic data center campus. All current investors – the Wellcome Trust, Novator Partners, Stefnir and General Catalyst ...

CoreSite has announced it has completed the first phase of its second data center in Chicago. CoreSite has designed and built a 169,000 square foot facility with a total of 18 megawatts of capacity, known as “CH2,” in the heart of downtown Chicago. The CH2 data center is one of the first purpo...

ASHBURN, VIRGINIA – JUNE 2, 2020 – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces the expansion of its hyperscale data center campus in Ashburn, Virg...

Bouygues, the French contractor announced it has been selected by VIRTUS Data Centres to build its LONDON7 data centre, located in Stockley Park.  Bouygues Energies & Services Contracting will be responsible for the design, build, electrical and mechanical services and commissioning of the...

Facebook will purchase a $15 Million USD parcel of land for a 970,000 square foot data center campus in Gallatin, Tennessee. Facebook is using the shell company Woolhawk LLC as the acquiring entity. What we know: On May 19th the Gallatin City Council approved tax breaks and a development agre...

QTS has announced that it is fast tracking 42MW in Ashburn. Their construction blog post is below: QTS Ashburn-Shellhorn, our newest greenfield data center campus in the Ashburn, VA market has gotten underway in a hurry - with construction five weeks in and well ahead of schedule. The QTS Deve...

Sabey announced that it has added a Microsoft Azure ExpressRoute node to its Intergate.Quincy data center campus in central Washington, enabling Sabey’s customers to create private connections between their IT environment and Microsoft Azure and Office 365.Sabey Press Release on May 21st 2020

Charlotte, NC – Segra, one of the largest fiber infrastructure bandwidth companies in the Eastern U.S., today announced it has acquired NorthState, a provider of high-speed bandwidth services in the fast-growing Piedmont Triad region of North Carolina. The acquisition expands Segra’s fiber ne...

Stack Infrastructure announced plans to expand its Alpharetta facility and more than double its digital infrastructure capacity to nearly 20 megawatts.STACK currently operates a 105,000 sqft, 7 MW data center on 12 acres at 3200 Webb Bridge Road. The company now plans to build a 2-story facili...

Denver, Colo. – EdgeMicro, a leading edge colocation company, lands $5 million to accelerate its expansion. DH Capital, LLC, an investment banking firm serving companies in the internet infrastructure, communications, and software sectors, served as EdgeMicro’s financial advisor. “We are plea...

Denmark’s largest commercial pension fund PFA has bought a 20% stake in data centre platform DATA4 from AXA in its continued drive to pile on foreign real estate. The DKK688bn (€92.2bn) pension fund said it bought the shares from AXA Investment Managers - Real Assets, which was also serving as...

Internap (INAP) has completed a financial restructuring and emerged from bankruptcy. On March 16, Internap filed for Chapter 11 bankruptcy to strengthen its capital structure. INAP negotiated a “prepackaged” bankruptcy with its lenders: Completed the reorganization in just seven weeks It emerg...

DALLAS – Aligned, a leading data center provider offering innovative, sustainable and adaptable colocation and build-to-scale solutions for cloud, enterprise, and managed service providers, announces it has increased its secured credit facility to $575 million as the company experiences conti...

South African data center operator Teraco is building a new data center, Cape Town 2 (CT2). Construction on the site commenced in early March 2020 and will continue in line with local COVID-19 restrictions with a targeted completion date of Q3 2021. The completed facility will comprise of eigh...

Beanfield Metroconnect, a Canadian independent telecommunications infrastructure provider, has added to its bank account and its fiber network footprint. According to owners Digital Colony, the global digital infrastructure investment platform of Colony Capital, Inc. (NYSE: CLNY), Beanfield ha...

Flexential has announced it will build its largest data center yet in Portland metro. The facility will be 358,000 square feet, offering 36 megawatts of power on a 20-acre lot. Groundbreaking is scheduled for the summer of 2020. This new data center will connect to Flexential’s Portland-Hills...

Majority Investment Will Accelerate Buy and Build Strategy Across North America - DartPoints is an owner and operator of edge colocation data centers, which offer secure and reliable infrastructure in close proximity to users, particularly beyond Tier I markets - Accomplished telecommunication...

Compass has announced on their blog that they have completed the integration of the ROOT data centers. ROOT was acquired in July 2019. The announcement states, "Over the past few months, we’ve been hard at work integrating the two companies’ construction, operations, marketing, and sales teams...

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. 

Compass Datacenters acquired an existing building and land in Etobicoke, Ontario to build a campus. Etobicoke is just West of Toronto. Costing $100 million USD, the first phase, the initial data hall will support 10MW of critical IT load when construction is completed in Q3 of 2020. The data c...