Data Center News

Lonestar Data Holdings Secures $5M For Moon-based Data Centers

United States

Lonestar Data Holdings has successfully completed a $5 million seed round. The funding was provided by Scout Ventures, Seldor Capital, The Veteran Fund, Atypical Ventures, Irongate Capital, 2 Future Holding, and KittyHawk Ventures. The startup intends to deploy small data centers on the Moon. ...

Keppel DC REIT Receives Credit Facilities Totaling $73 million

Keppel Data Center REIT

The DC REIT group of Keppel has received a new credit facility of over $70 million, guaranteed by the financial services firm Perpetual. Keppel DC REIT Fin. Company Pte. Ltd., a wholly-owned subsidiary of Keppel DC REIT, has procured the Loan Facility guaranteed by Perpetual Ltd (Asia) in its ...

Etix Everywhere Receives $47M Investment From Eurazeo

Etix Everywhere

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), ...

DataBank Secures $715m For Data Center Development

DataBank

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...

Harrisonburg Data Facility Receives $44 Million Loan From Valley National Bank

Virginia

A Virginia facility has negotiated a $44 million loan for a data center owner. According to The Commercial Observer, AC DataCom Digital Infrastructure Investments has obtained permanent financing of $43.8 million to construct a data center in Harrisonburg, Virginia. The 100,000-square-foot dat...

Teraco Secures $678m Loan For Expansion

Teraco Data Environments

Teraco, a provider of data centers in South Africa, has been given a $678 million loan. Absa Group, a South African lender, led the loan. The business stated that "many big financial institutions" provided the cash, but did not identify them. Teraco, a subsidiary of Digital Realty, will utiliz...

Fort Worth Data Center For Sale Following Bankruptcy

Dallas

Following a bankruptcy filing, a recently converted data center is for auction. This week, Hilco Real Estate declared March 23, 2023, as the deadline for qualifying bids for the Chapter 11 bankruptcy sale of a newly converted flex industrial facility into a data center. Built in 2018 on a 13.7...

GD Towers Secures $53m From Pantheon Infrastructure

GD Towers, a provider of digital infrastructure in Germany and Austria, will receive a  $53 million investment from Pantheon Infrastructure PLC (PINT). The investment was made via a co-investment vehicle administered by DigitalBridge Group Inc. affiliates.  GD Towers has a network of 40,000 si...

Switzerland's Data Center Operator Green Closes $514 Million Refinancing

Green Datacenter AG

Green has announced the closing of a $514 million refinancing. The Swiss data center operator successfully refinanced its existing facilities with a total package of CHF 480 million ($514m) from Swiss and international banks. According to the company, the funds will be used to speed up its ...

Digital Realty Announces $350 Million Note Offering

Digital Realty Trust

Digital Realty has announced that it is offering a $350 million note to the public. In addition, its Digital Core Real Estate Investment Trust (REIT), listed in Singapore, will buy a stake in a Digital Realty-owned data center in Germany. The company noted that it is priced an underwritten ...

Canberra Data Centres Announces $1.8bn Refinancing and $209m Capital Markets Issuance

Canberra Data Centres (CDC)

Canberra Data Centers has announced the close of a US$1.8 billion refinancing. Law firm Gilbert+Tobin (G+T) revealed that it advised the Australian data center firm on the AU$ 2.7 billion (US$1.8B) refinancing. G+T also said it advised CDC on upsizing its debt facilities and its US$209.4 mi...

Vantage Secures $350m Loan From French Bank For Data Center in Santa Clara, California

Vantage Data Centers

According to Real Deal and Globe Street, Vantage Data Centers has received $350m in funding to develop a data center in Santa Clara, California. Vantage DC acquired a building in the city, and the fund will be used to convert it into a data center campus. The planned facility will span 44,5...

European Investment Bank Loans OVHcloud €200m

OVH Group

OVHcloud has secured a €200 million ($208m) loan from the European Investment Bank (EIB). The loan will be used to fund future developments. OVHcloud's goal is to provide a sustainable cloud service alternative in Europe to replace US cloud providers. It aims to support European privacy standa...

Google's 15-Year Tax Break on Oregon Data Center Expires

Hyperscale Data Center

Google has started paying property taxes at its Oregon data center- 15 years after it launched the facility. The company got a tax bill of $5.2m from Wasco County after its tax break expired. Google developed the data center in 2006. The tax bill might be small for Google, but it will signi...

Stonepeak Announces $570m Investment in CoreSite

CoreSite

Investment company Stonepeak has increased its investment in CoreSite by $570m. The data center company was acquired in 2021 by American Tower Corporation for $10 billion. After the acquisition, Stonepeak invested $2.5 billion in the data center company in the summer. Stonepeak’s new investmen...

IMCO Pumps $450 million in DataBank

DataBank

The Investment Management Corporation of Ontario (IMCO) will invest around US$450m in DataBank. The Canadian firm signed an agreement to invest the funds as part of DataBank’s recapitalization process. DataBank is expected to close the deal in Q4 2022.  The Chief Investment Officer of IMCO...

DC Two Announces AU$1 Million Fund Raise

Zettagrid

DC Two has announced that it raised AU$1 million (US$647,000). The fund was raised at a $0.039 per share offer. The company noted that the money would be used to speed up its growth. In addition, it would be geared towards marketing its Bibra Lake data center.  The managing director of DC ...

Stoneshield looking to Raise €300 million ($307.3m) to Fund 100MW Madrid Campus

Madrid

According to Cinco Dias, Spanish data center developer Xdata is looking to offload a stake in its company to help fund its 100MW Madrid data center campus development. The company has reportedly contacted CBRE and Morgan Stanley to seek an investor. Stoneshield established XData Properties in ...

Sabey Has Plans For $250m Revenue Notes

Sabey Data Centers

Sabey Data Centers is about to issue revenue notes to the tune of $250m. According to Asset Securitization, the company will issue the notes to securitize real estate and tenant lease payments on six of its hyperscale data center campuses across Washington, Virginia, and New York. S&P will...

STC's Share Price Sees Major Surge After $8bn Capital Increase Announcement

Saudi Telecom Company

Saudi Telecom is mulling over increasing its share capital by $8 billion. The company revealed this in a statement earlier in the week. If it happens, STC will issue 30 billion new shares. Existing shareholders will also be offered 1.5 new shares for every share they own. According to Refin...