Data Center News

Read Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres
Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

Digital Realty forms JW with Pembani Remgro to acquire Nigeria's Medallion Data Centres

October 27, 2021 Digital Realty Trust

Digital Realty has announced that it has formed a joint venture with Pembani Remgro Infrastructure Fund to acquire Medallion Data Centres. Medallion is Nigeria’s top interconnection and colocation provider. The company operates two data centers in the country. One of the facilities is in Abuja,...

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Read Digital Realty makes strategic investment in AtlasEdge
Digital Realty makes strategic investment in AtlasEdge

Digital Realty makes strategic investment in AtlasEdge

October 15, 2021 Digital Realty Trust

Digital Realty has reached an agreement to make a strategic investment in AtlasEdge Data Centres. The investment will also see Digital Realty’s Executive VP, Strategic & Business Segments, Giuliano Di Vitantonio, join AtlasEdge as CEO, starting January 2022. AtlasEdge delivers smooth,...

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Read Sustainable Finance: New way to address the environmental footprint of data centers
Sustainable Finance: New way to address the environmental footprint of data centers

Sustainable Finance: New way to address the environmental footprint of data centers

September 27, 2021 Digital Realty Trust

Much has been said about how data centers adversely affect the environment. However, more data centers have begun to become 'Greener.' Besides, in order to leave a better environmental footprint, many data center companies are now spending more on green energy. Investors and data center financers...

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Read Menlo Equities acquires four Digital Realty data centers in Silicon Valley
Menlo Equities acquires four Digital Realty data centers in Silicon Valley

Menlo Equities acquires four Digital Realty data centers in Silicon Valley

September 24, 2021 Digital Realty Trust

Menlo Equities has completed the acquisition of four Digital Realty data centers in Silicon Valley. The firm acquired the facilities for a combined $108.8 million. First, it acquired a facility at 4650 Old Ironside Drive in Santa Clara for $35.8 million. The facility has 124,400 square feet of...

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Read TierPoint to build new data center in Missouri
TierPoint to build new data center in Missouri

TierPoint to build new data center in Missouri

September 10, 2021 TierPoint

TierPoint has announced that it is expanding in Missouri by investing $20 million into building a 23,000 square feet Tier III data center in the St. Louis region. The data center firm already has three facilities in Missouri; two in St. Louis and one in Kansas City. TierPoint has also secured an...

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Read Lumen pays $275,000 to DoJ for contacting former customers it divested
Lumen pays $275,000 to DoJ for contacting former customers it divested

Lumen pays $275,000 to DoJ for contacting former customers it divested

September 07, 2021 Lumen Technologies

Lumen Technologies, formerly known as CenturyLink, has agreed to pay $275,000 to resolve a Civil Contempt Claim by the Department of Justice for its acquisition of Level 3 Communications Inc in 2016. The Justice Department accused Lumen (formerly CenturyLink) of violating the terms designed to...

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Read Digital Realty files application for data centers in Clondalkin, Ireland
Digital Realty files application for data centers in Clondalkin, Ireland

Digital Realty files application for data centers in Clondalkin, Ireland

August 25, 2021 Digital Realty Trust

Digital Realty has filed for permission to build data centers in Clondalkin, Ireland. According to Digital Realty’s application, the Company wants 10-year permission to build two data center buildings called DUB15 and DUB16 close to its existing facilities in Clondalkin. These buildings will have...

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Read Mapletree acquires Lumen’s Minnesota data center for $26 million
Mapletree acquires Lumen’s Minnesota data center for $26 million

Mapletree acquires Lumen’s Minnesota data center for $26 million

August 18, 2021 Mapletree Redwood Data Centre Trust

As part of its acquisition of Sila Realty Trust’s data center portfolio, Mapletree Investment Trust has also acquired a Lumen data center in Minnesota. The facility is at 5400-5500 Feltl Road inside the Opus Business Park, Minnetonka. It is reported that Sila paid $26 million for the facility....

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Read Data center merger and acquisition activities in Q2 of 2021
Data center merger and acquisition activities in Q2 of 2021

Data center merger and acquisition activities in Q2 of 2021

August 16, 2021 Mapletree Redwood Data Centre Trust

2021 has been an eventful year in the data center industry as we’ve seen some major merger and acquisition activities as these firms look to expand their capacities. We are going to shine the spotlight on the top five merger and acquisition activities in Q2 of 2021. We’ll be able to see which...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...

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Read Flexential enters sale-leaseback deal for Plano data center
Flexential enters sale-leaseback deal for Plano data center

Flexential enters sale-leaseback deal for Plano data center

August 06, 2021 Flexential

Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies...

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Read Sustainable development: Compass Datacenters builds its data centers on eco-friendly concrete
Sustainable development: Compass Datacenters builds its data centers on eco-friendly concrete

Sustainable development: Compass Datacenters builds its data centers on eco-friendly concrete

July 30, 2021 Compass Datacenters

As Compass Datacenters expands across North America, it is prioritizing sustainability in the building of its data centers. Using technology created by Nova Scotia-based CarbonCure Technologies means that not only is less cement required in the mixing of concrete, but CO2 is also permanently...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

July 28, 2021 Lumen Technologies

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...

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Read Digital Realty and Brookfield team up to develop data centers in India
Digital Realty and Brookfield team up to develop data centers in India

Digital Realty and Brookfield team up to develop data centers in India

July 16, 2021 Digital Realty Trust

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty. Although precise details around the project are yet to be released, reports indicate...

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Read Digital Realty is meeting green targets according to third annual ESG report
Digital Realty is meeting green targets according to third annual ESG report

Digital Realty is meeting green targets according to third annual ESG report

July 16, 2021 Digital Realty Trust

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. Its...

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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 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 Sila agrees to sell all its data centers to Mapletree for $1.3bn
Sila agrees to sell all its data centers to Mapletree for $1.3bn

Sila agrees to sell all its data centers to Mapletree for $1.3bn

May 20, 2021 Mapletree Redwood Data Centre Trust

Sila Realty Trust announced that it has agreed to sell all its 29 data centers in the US to Mapletree Investment Trust for $1.3 billion. The 29 data centers are all the data centers in Sila’s portfolio which means upon completion; it will be an exit from the data center industry for Sila. CEO and...

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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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