Data Center News

Read Sabey Data Centers issues $175 million in securitized notes
Sabey Data Centers issues $175 million in securitized notes

Sabey Data Centers issues $175 million in securitized notes

July 10, 2021 Sabey Data Centers

Sabey Data Centers announced that it has raised $175 million by issuing securitized notes at a coupon rate of 1.881%. By offering the notes at 1.881%, Sabey has set a record for the lowest new issue spread to benchmark rates. Also, Sabey Data Centers says it is the only data center issuer to...

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Read AWS launches Local Zones in Philadelphia and Texas
AWS launches Local Zones in Philadelphia and Texas

AWS launches Local Zones in Philadelphia and Texas

July 08, 2021 Amazon AWS

Amazon Web Services just launched its new Local Zones in Philadelphia and Texas. Customers can now deliver applications that need single-digit millisecond latency to both on-premises installations and end-users in Philadelphia and Dallas with these local zones. AWS Local Zones are infrastructures...

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Read Prime Data Centers to lease 9MW data center in Santa Clara to Cyxtera
Prime Data Centers to lease 9MW data center in Santa Clara to Cyxtera

Prime Data Centers to lease 9MW data center in Santa Clara to Cyxtera

June 29, 2021 Prime Data Centers

Prime Data Centers announces pre-lease of its new 9MW facility under construction in Santa Clara, California, to Cyxtera. Cyxtera will be leasing the entire four-story building facility with a total space of 121,000 square feet. Prime Data Centers first announced the facility's construction in...

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Read Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment
Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment

Macquarie Capital Partners with Prime Data Centers for potential $5 billion capital investment

June 25, 2021 Prime Data Centers

Macquarie Capital has entered into a partnership with Prime Data Centers. It also made an undisclosed equity investment in Prime data center. However, both Companies claim that the partnership will give way for capital investments of over $5 billion over the next ten years. Furthermore, the...

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Read Comcast Business forms partnership with Sabey Data Centers
Comcast Business forms partnership with Sabey Data Centers

Comcast Business forms partnership with Sabey Data Centers

June 24, 2021 Sabey Data Centers

Through the partnership, the telecommunications conglomerate will integrate its connectivity into data centers in Tukwila and Quincy, which will give businesses a private connection to regional Sabey data centers. According to Comcast, the move will help businesses in the local area provide...

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Read Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects
Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects

Amazon overtakes Google to become largest corporate buyer of renewable energy in the US after announcing 14 new renewable projects

June 23, 2021 Amazon AWS

Amazon has overtaken Google as the largest corporate buyer of green energy in the United States. It also holds the title of being the largest renewable energy buyer in Europe. This comes after the Company announced its fourteen new green energy projects in the Us, Spain, Finland, and Canada. With...

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Read AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers
AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers

AWS wants to buy 41 acres of land in Warrenton, North Virginia if town reverses regulation barring the construction of data centers

June 17, 2021 Amazon AWS

The Fauquier Times reports that Amazon Web Services is planning to buy 41.7 acres of land in Warrenton, North Virginia if the town finally changes its rules to allow the construction of data centers. At a Warrenton Planning Commission, it was proposed that the rule be changed and data centers...

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Read 50% of Digital Realty's global data center portfolio is now powered by green energy
50% of Digital Realty's global data center portfolio is now powered by green energy

50% of Digital Realty's global data center portfolio is now powered by green energy

June 17, 2021 Digital Realty Trust

Digital Realty has announced in its third ESG report that half of its global data center portfolio is now powered by green energy. It did this by increasing the portfolio of its data centers being powered by renewable energy by 20% in 2020. Impressively, it also increased its energy consumption...

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Read Digital Realty considering $300 million Singapore Trust IPO
Digital Realty considering $300 million Singapore Trust IPO

Digital Realty considering $300 million Singapore Trust IPO

June 10, 2021 Digital Realty Trust

According to a report from Bloomberg, Digital Realty is considering an Initial Public Offer (IPO) of a Singaporean trust that could raise between $300 million to $400 million. The report says Digital Realty is working with its advisers on the listing, and they are looking to conclude the IPO...

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Read Switch buys land from Dell for Austin data center campus
Switch buys land from Dell for Austin data center campus

Switch buys land from Dell for Austin data center campus

June 03, 2021 Switch Austin "The Rock"

Switch has revealed the primary location of its Fifth Prime data center campus in Texas, following a purchase land agreement with Dell Technologies. The campus will be called "The Rock" and powered by 100% renewable energy. The land, located next to Dell's global headquarters in Round Rock, will...

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Read CyrusOne’s European data center portfolio now 100 percent powered by renewable energy
CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

June 02, 2021 CyrusOne

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and this...

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Read Switch raises $500 million in senior notes to fund the Data Foundry acquisition
Switch raises $500 million in senior notes to fund the Data Foundry acquisition

Switch raises $500 million in senior notes to fund the Data Foundry acquisition

June 02, 2021 Switch

Switch will borrow $500 million to pay for its recent acquisition of Data Foundry for $420 million. Switch will be borrowing $500 million in senior notes. Senior notes are less risky, and the lender gets to pay lower interest. However, senior notes are a priority over other types of debt. This...

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Read AWS announces a new region, AWS Middle East (UAE)
AWS announces a new region, AWS Middle East (UAE)

AWS announces a new region, AWS Middle East (UAE)

May 28, 2021 Amazon AWS

Amazon Web Services has announced plans to build a new data center region in UAE. The new zone will have three Availability Zones, and it will be open before the mid of 2022. Upon completion, the region will be AWS’s second region in the Middle East after opening a Bahrain region two years ago....

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Read Facebook releases Renewable Impact Study
Facebook releases Renewable Impact Study

Facebook releases Renewable Impact Study

May 27, 2021 Meta

A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive economic...

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Read Digital Realty Completes Acquisition Of Ascenty (Press Release)
Digital Realty Completes Acquisition Of Ascenty (Press Release)

Digital Realty Completes Acquisition Of Ascenty (Press Release)

May 20, 2021 Digital Realty Trust

SAN FRANCISCO, May. 20, 2021 -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, announced today its Brazilian subsidiary, Stellar Participações Ltda., has completed the previously announced acquisition of Ascenty, the leading data...

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Read Switch to acquire Data Foundry for $420m
Switch to acquire Data Foundry for $420m

Switch to acquire Data Foundry for $420m

May 03, 2021 Switch

Switch will acquire Data Foundry for $420m in an all-cash transaction. The acquisition is expected to close by mid-2021 if it meets all customary closing conditions. Data Foundry has three highly connected data centers in Austin with an expansion capability of up to 44 MW. It also has one data...

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Read EdgeConneX Expands in 6 North American Markets
EdgeConneX Expands in 6 North American Markets

EdgeConneX Expands in 6 North American Markets

April 28, 2021 EdgeConneX

EdgeConneX has announced that it will add almost 20MW of new capacity across six of its data centers in North America. The facilities that will benefit from this expansion are Seattle, Portland, Phoenix, Miami, Detroit, and Chicago. According to Phillip Marangella, Chief Marketing Officer at...

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Read Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros
Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros

Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros

March 23, 2021 Digital Realty Trust

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 direct...

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Read DataBank issues $658M of Secured Notes
DataBank issues $658M of Secured Notes

DataBank issues $658M of Secured Notes

March 12, 2021 DataBank

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...

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Read Digital Realty Relocates Headquarters to Austin
Digital Realty Relocates Headquarters to Austin

Digital Realty Relocates Headquarters to Austin

January 15, 2021 Digital Realty Trust

Digital Realty (DLR) has announced it will relocate its corporate headquarters to Austin, Texas from San Francisco, California. DLR will maintain a presence in the San Francisco Bay Area as one of the world's leading technology hubs.Digital Realty already operates a significant data center...

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