News

Europe's Climate Neutral Data Centre Pact (CNDCP) has published its first list of certifications since being set up in 2021. Over 80 service providers have now promised to be climate neutral by 2030. Further, it shared that 95% of the first cohort of signatories, which represent nearly 75% of ...

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

Reliance Industries, the largest business group in India, revealed that it would join Mercury Holdings SG Pte, the current joint venture between Brookfield Infrastructure and Digital Realty, to construct data centers in India. By acquiring a 33,33 % stake in the existing JV, Reliance Industrie...

Sify has raised over $70 million to develop new data centers. This funding was made public this week during the company's quarterly earnings report. Sify and Sify Infinit Spaces Limited ("SIS"), a wholly-owned subsidiary of Sify that operates its data centers, recently entered into a contract ...

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

CoreWeave, a cloud company specializing in GPUs, intends to invest $1.6 billion in a data center in Plano, Texas. To qualify for a tax credit approved this week by the Plano City Council, the company will need to invest at least $800 million each year for the following two years. In 2025 and 2...

On July 18th, the Town of Culpeper Planning Commission held a public hearing where it deferred action on a rezoning request for a large data center complex adjacent to the Culpeper National Cemetery annex.Copper Ridge Culpeper LLC of Middleburg is seeking to rezone 116 acres along East Chandle...

In Oregon, Cascade Locks port authority has announced the decision to discontinue Roundhouse Digital Infrastructure's $100 million data center project in the Columbia River Gorge. The startup had planned to build a 10MW data center targeting "niche government and energy industry" clients. Howe...

ST Telemedia Global Data Centres (STT GDC) Philippines, a joint venture of Globe, Ayala Corporation, and Singapore-based ST Telemedia Global Data Centres, has announced that it is partnering up with some of the country's top universities. Collaborating with De La Salle University, the Univers...

US data center company Multacom has been acquired by Australian Edge operator Edge Centres. This week, the companies announced the acquisition. The terms were not revealed. Edge Centres will acquire a Los Angeles-based data center operator, adding 25,000 square feet and 1-megawatt capacity acr...

The government of Cambodia has begun construction of a new national data center. Chea Vandeth, minister of post and telecommunications in Cambodia, attended the groundbreaking event in Phnom Penh last week. The new center, according to Vandeth, not only provides secure storage but also seeks t...

The sovereign wealth fund GIC of Singapore is soliciting funds for a data center outside Seoul, South Korea. According to Business Korea, institutional investors, such as GIC, are working with indigenous institutional investors, securities companies, and asset management firms to build a data ...

Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, accordin...

According to Synergy Research Group, hyperscalers and colocation companies are dwarfing on-premise data center capacity. Its research revealed that hyperscalers now account for  37% of the worldwide capacity of all data centers, with the number of large data centers operated by hyperscalers re...

Moveworks has announced that its first regional data center in Canada has opened, a move which the company said signifies its move toward promoting greater data center privacy and residency, in line with the evolving regulatory landscape in Canada.The company noted that data privacy is a “cruc...

Liberty Global has taken on a larger majority stake in Belgian telecommunications provider Telenet and will recommence its efforts to acquire the company outright. The company will increase its ownership stake in the telecommunications company to 93.23 percent and is scheduled to reopen its op...

The DEAC of Latvia and the Data Logistics Center (DLC) of Lithuania have received a $33.4 million loan to finance the expansion of their respective data centers. The two companies announced this week that they had secured a 10-year loan from SEB Bank to expand Baltic telecommunications systems...

Compass Datacenters, which was recently taken over, is planning to purchase a former Sears office complex in Chicago, Illinois, presumably for a new data center campus. The data center constructor and operator are "poised" to acquire the Sears site in the Hoffman Estates neighborhood, as first...

The expansion of one of Equinix's Bulgarian data centers in Sofia has been concluded. This week, the company announced the completion of the second phase of its SO2 data center in the capital of Bulgaria. The development, which doubles the site's capacity to 700 servers, cost $12 million, acco...

According to reports, Microsoft has been granted permission to construct a 170MW gas power facility for its Dublin data center expansion. As per a report from Business Post, the cloud giant applied in December to construct a gas power facility for its $1 billion Dublin data center campus curre...