Data Center News

Read DataBank raises capital for new data centers
DataBank raises capital for new data centers

DataBank raises capital for new data centers

November 29, 2023 DataBank

DataBank has raised $533 million of capital to build new data centers through debt and equity. This brings the total funds raised by the company this year to $1.6 billion, with $715 million of secured notes issued in February and a $350 million credit facility announced later in March. DataBank...

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Read Netrality secures $380 million SLL for upgrade efforts
Netrality secures $380 million SLL for upgrade efforts

Netrality secures $380 million SLL for upgrade efforts

November 22, 2023 Netrality Properties

US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data halls more energy efficient. The loan facility will be paid in US data center operator Netrality has secured a $380 million sustainability-linked loan (SLL) to help make its data...

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Read H5 expands its San Antonio data center
H5 expands its San Antonio data center

H5 expands its San Antonio data center

November 21, 2023 H5 Data Centers

H5 this week announced the phase three expansion of its 100 Taylor Street facility, adding an additional 340 cabinets and up to 1.5MW of additional UPS capacity. This site, located at 100 Taylor Street, was acquired by H5 in 2018 and was previously owned by the Texas ISP Taylor Telecom. It is an...

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Read DataBank plans 192MW data center facility in Virginia
DataBank plans 192MW data center facility in Virginia

DataBank plans 192MW data center facility in Virginia

November 16, 2023 DataBank

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design...

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Read Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia
Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia

Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia

November 16, 2023 Digital Realty Trust

Digital Realty and Realty Income Corporation established a joint data center venture in Northern Virginia. Following their agreement, the real estate investment firm invested $200 million and will get an 80 percent equity interest in two data centers currently under construction in Northern...

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Read Exa Infrastructure names Nick Read as interim CEO
Exa Infrastructure names Nick Read as interim CEO

Exa Infrastructure names Nick Read as interim CEO

November 14, 2023 EXA Infrastructure

Exa Infrastructure recently announced that former Vodafone chief executive Nick Read will lead the business with immediate effect. Read, appointed as chairman of Exa Infrastructure in June, will replace Martijn Blanken as chief executive on an interim basis. As part of the transition, Blanket...

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Read US Defense Information Systems Agency awards $110 million contract to Lumen
US Defense Information Systems Agency awards $110 million contract to Lumen

US Defense Information Systems Agency awards $110 million contract to Lumen

November 10, 2023 Lumen Technologies

The US Defense Information Systems Agency has awarded Lumen Technologies a $110 million contract to provide mission-critical network services to the US Department of Defense (DoD). This contract has a timeline of five years, from November 30, 2023, through September 30, 2028. This contract is an...

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Read QTS acquires Netherlands-based data center management firm Zentrys
QTS acquires Netherlands-based data center management firm Zentrys

QTS acquires Netherlands-based data center management firm Zentrys

November 08, 2023 QTS Data Centers

US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome...

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Read DataBank purchases new parcel in Atlanta, Georgia, for DC campus
DataBank purchases new parcel in Atlanta, Georgia, for DC campus

DataBank purchases new parcel in Atlanta, Georgia, for DC campus

November 01, 2023 DataBank

US colocation provider DataBank recently purchased 95 acres of land near Lithia Springs within a mile of the 18 acres where it is already building its ATL4 facility in Atlanta, Georgia. The newly acquired parcel can accommodate two multi-story data centers totaling 1 million gross square feet. It...

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Read QTS to expand into New Albany, Ohio
QTS to expand into New Albany, Ohio

QTS to expand into New Albany, Ohio

October 25, 2023 QTS Data Centers

QTS has revealed plans to expand into New Albany, Ohio by developing new data center campuses covering over a million square feet and 200MW. These new campuses will be on Beech Road; two on one site, a 57-acre piece of property, and another two on a nearby 37-acre site and construction should...

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Read BAM Digital Realty names CB Velayuthan as new CEO
BAM Digital Realty names CB Velayuthan as new CEO

BAM Digital Realty names CB Velayuthan as new CEO

October 23, 2023 Digital Realty Trust

Digital Realty joint venture Digital Connexion has named CB Velayuthan as its new CEO and he has taken over leadership of Brookfield/Digital/Reliance Jio joint venture previously known as BAM Digital Realty. Velayuthan said to the media, “India is one of the most dynamic markets in our industry...

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Read Technical issues at data center causes banking issues across Singapore
Technical issues at data center causes banking issues across Singapore

Technical issues at data center causes banking issues across Singapore

October 18, 2023 Equinix

An outage at an Equinix data center on Saturday brought DBS and Citibank banking services in Singapore offline. This outage also affected other services in its Asian region including the Philippines, Hong Kong and India as people complained about having issues with Facebook, Instagram, WhatsApp,...

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Read Lumen sells CND customers to Akamai as it shuts down the business
Lumen sells CND customers to Akamai as it shuts down the business

Lumen sells CND customers to Akamai as it shuts down the business

October 16, 2023 Lumen Technologies

Lumen announced that it’s Content Delivery Network (CDN) business will be shut down and it has sold its customer contracts to Akamai. Both companies will undergo a transition services agreement for 90 days before Lumen completes its shut down. "We are deep into our transformation of Lumen and...

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Read Digital Realty and Dutch college launches demonstration data center to teach students
Digital Realty and Dutch college launches demonstration data center to teach students

Digital Realty and Dutch college launches demonstration data center to teach students

October 13, 2023 Digital Realty Trust

Digital Realty has partnered with a Dutch vocational college in Amsterdam to launch a new demo data center to teach students data center skills. Students from the Cloud & Infrastructure Technician course opened the demo data center at MBO College Zuidoost this week. Melissa Scholten, senior...

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Read Digital Realty expands footprint in Zagreb, Croatia
Digital Realty expands footprint in Zagreb, Croatia

Digital Realty expands footprint in Zagreb, Croatia

October 06, 2023 Digital Realty Trust

Global cloud provider Digital Realty announced its acquisition of a land parcel in Zagreb, Croatia for the construction of a new data center campus as it plans to expand its footprints in Southeast Europe. This plot of land, located close to its existing data center campus can support up to 30...

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Read DigitalBridge completes DataBank recapitalization
DigitalBridge completes DataBank recapitalization

DigitalBridge completes DataBank recapitalization

September 22, 2023 DataBank

DigitalBridge Group recently revealed the completion of DataBank's recapitalization. The Group announced that DigitalBridge received an additional funding of $219 million, bringing the total costs of the recapitalization to $2.2 billion. This completed recapitalization will bring about a...

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Read QTS to establish operations in York County, South Carolina
QTS to establish operations in York County, South Carolina

QTS to establish operations in York County, South Carolina

September 22, 2023 QTS Data Centers

The South Carolina Office of the Governor confirmed that DC firm QTS will establish operations in York Country, marking the company’s entry into the state. This comes after news of a major data center project in York County dubbed ‘Project Cobra’ surfaced in June 2023. Gov. Henry McMaster...

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Read Manulife successfully acquires Serverfarm
Manulife successfully acquires Serverfarm

Manulife successfully acquires Serverfarm

September 08, 2023 ServerFarm Realty

Manulife Investment Management has concluded the acquisition of data center firm Serverfarm on behalf of Manulife Infrastructure Fund II. In May 2023, Manulife announced its intention to acquire a majority stake in Serverfarm. Avner Papouchado, the CEO of Serverfarm, and NantCapital LLC will...

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Read Digital Realty to expand in Italy
Digital Realty to expand in Italy

Digital Realty to expand in Italy

September 07, 2023 Digital Realty Trust

Digital Realty has announced that it's expanding into the Italian market with a new Tier IV-quality data center, named ROM1. This announcement comes following the acquisition and pre-development planning of land in Rome. The facility will sit on a 22-hectare site, with construction set to...

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Read Digital Realty will construct a data center in Rome
Digital Realty will construct a data center in Rome

Digital Realty will construct a data center in Rome

September 07, 2023 Digital Realty Trust

Digital Realty plans to extend its operations into Italy and has already purchased land in Rome, the country's capital. Following the purchase of land in Rome and the subsequent pre-development planning for it, the company announced its entry into the Italian market last week. The ROM1 data...

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