Data Center News

Read Edgnex to develop new data center in Madrid, Spain
Edgnex to develop new data center in Madrid, Spain

Edgnex to develop new data center in Madrid, Spain

October 18, 2024 Spain

UAE data center firm Edgnex this week announced its expansion into Europe with the acquisition of land in Madrid. The site has been acquired from real estate private equity manager ActivumSG and will host a 40MW data center. Located in the Vicalvaro region, the 236,805 sq ft (22,000 sqm) facility...

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Read The U.S. Department of Homeland Security has awarded a colocation contract to Equinix.
The U.S. Department of Homeland Security has awarded a colocation contract to Equinix.

The U.S. Department of Homeland Security has awarded a colocation contract to Equinix.

September 25, 2024 Equinix

The US Department of Homeland Security (DHS) has awarded Equinix a contract for colocation services for its Homeland Security Enterprise Network. Published on SAM.gov on September 17, the tender called for "power, connectivity and related operations and maintenance," adding that the services will...

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Read Equinix becomes one of the top 10 largest US corporate issuers after issuing $750m in green bonds
Equinix becomes one of the top 10 largest US corporate issuers after issuing $750m in green bonds

Equinix becomes one of the top 10 largest US corporate issuers after issuing $750m in green bonds

September 17, 2024 Equinix

Equinix has now become one of the top 10 largest US corporate issuers in the market, issuing $750 million in green bonds across two offerings. The company says it will use the proceeds to advance sustainability initiatives across its business. Equinix said the funding will be towards initiatives...

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Read Equinix explores deployment of hydrogen fuel cells at Dublin data center
Equinix explores deployment of hydrogen fuel cells at Dublin data center

Equinix explores deployment of hydrogen fuel cells at Dublin data center

August 17, 2024 Equinix

Colocation firm Equinix is exploring deployment of hydrogen fuel cells at its data center in Dublin, Ireland. A spokesperson for the company noted that while a temporary demonstration pod was deployed at one of the company's sites on tour from ESB and GeoPura, is not a permanent deployment. Peter...

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Read Equinix surpasses $1bn EBITDA for Q2
Equinix surpasses $1bn EBITDA for Q2

Equinix surpasses $1bn EBITDA for Q2

August 09, 2024 Equinix

Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. The company Equinix has surpassed a $1 billion EBITDA in Q2 2024 for the first time, reaching $1.036bn. Furthermore, the quarter's results saw operating income up 20 percent compared to the previous...

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Read Equinix announces expansion into the Philippines with three data centers
Equinix announces expansion into the Philippines with three data centers

Equinix announces expansion into the Philippines with three data centers

July 23, 2024 Equinix

Equinix this week announced that it will be entering into the Philippines market after purchasing three facilities from Total Information Management, a local technology solutions provider. This deal comprises three carrier-neutral and interconnection-rich data centers with more than 1,000...

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Read Ericsson to book impairment charge for Vonage acquisition
Ericsson to book impairment charge for Vonage acquisition

Ericsson to book impairment charge for Vonage acquisition

July 05, 2024 Equinix

Ericsson has confirmed that it will record a noncash impairment charge of 11.4 billion Swedish crowns, which reflects lower anticipated market growth in some of Vonage’s current portfolio."We continue to advance our strategy to build a Global Network Platform for network APIs, which was the...

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Read AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain
AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain

AQ Compute breaks ground on 60MW data center campus in Barcelona, Spain

June 29, 2024 Spain

AQ Compute has broken ground on its 60MW data center campus in Spain and has begun construction work on the new site located in the Parc de l’Alba (Cerdanyola del Vallès) in Barcelona. The data center, dubbed AQ-BCN1, will eventually have an IT capacity of 60MW with cooling capabilities for...

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Read Equinix announces second data center in Lisbon, Portugal
Equinix announces second data center in Lisbon, Portugal

Equinix announces second data center in Lisbon, Portugal

June 05, 2024 Equinix

Equinix this week announced plans for LS2, a new International Business Exchange (IBX) facility to be located adjacent to Equinix's existing LS1 site. This €50 million project due to open in the first quarter of 2025 will offer 2,050 square meters of colocation space.Carlos Paulino, managing...

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Read Equinix breaks ground in Malaysia with two new data centers
Equinix breaks ground in Malaysia with two new data centers

Equinix breaks ground in Malaysia with two new data centers

May 28, 2024 Equinix

Equinix has now broken ground in Malaysia with two International Business Exchange data centers in Johor (JH1) and Kuala Lumpur (KL1) now serving the company’s customers in Malaysia and across. Jeremy Deutsch, president for Asia-Pacific at Equinix, said: “Malaysia is a cornerstone market and top...

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Read Equinix signs new solar PPAs in Singapore
Equinix signs new solar PPAs in Singapore

Equinix signs new solar PPAs in Singapore

April 29, 2024 Equinix

Colocation firm Equinix has signed long-term Power Purchase Agreements (PPAs) to procure renewable energy in Singapore fromSembcorp Industries. Following the agreements, Sembcorp Power will supply a maximum capacity of 75MWp from its solar assets and 30MW from its gas-power generation portfolio...

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Read Equinix accused of major accounting manipulations
Equinix accused of major accounting manipulations

Equinix accused of major accounting manipulations

March 23, 2024 Equinix

Short seller Hindenburg Research has accused data center REIT Equinix of "major accounting manipulations." The investigative reporting and researching company claims that Nadaq-listed Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs, by at least...

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Read Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO
Equinix announces Google Cloud executive Adaire Fox-Martin as  new CEO

Equinix announces Google Cloud executive Adaire Fox-Martin as new CEO

March 14, 2024 Equinix

Equinix has appointed Google Cloud executive Adaire Fox-Martin as its new CEO to succeed Charles Meyers, who has led the company for six years. Fox-Martin who has led Google Cloud's go-to-market teams globally since early last year, has been a member of the Equinix board of Directors since 2020....

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Read Equinix deploys 1MW solar system on Melbourne data center
Equinix deploys 1MW solar system on Melbourne data center

Equinix deploys 1MW solar system on Melbourne data center

March 01, 2024 Equinix

Equinix has deployed a 1MW rooftop solar system at its ME1 International Business Exchange (IBX) data center at 578 Lorimer Street, Port Melbourne. The company has now completed the installation of rooftop solar systems at eight of its facilities, including Brisbane, Canberra, Melbourne, and...

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Read GTAA to develop Large Language Models Joint Venture this year
GTAA to develop Large Language Models Joint Venture this year

GTAA to develop Large Language Models Joint Venture this year

February 26, 2024 Spain

An announcement made earlier this week at the Mobile World Congress event in Barcelona, Spain revealed that the members of the Global Telco AI Alliance (GTAA) are to establish a joint venture later this year specifically aimed at developing Large Language Models (LLMs). "We want our customers to...

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Read Azora to launch new European Edge data center platform
Azora to launch new European Edge data center platform

Azora to launch new European Edge data center platform

February 09, 2024 Spain

Investment manager Azora in collaboration with Core Capital, this week launched a new European Edge data center platform called Quetta Data Centers. The investment firm plans to invest over €500 million in constructing six Edge data centers in Spain and Portugal totaling 60MW of capacity....

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Read Equinix signs new PPA in Australia
Equinix signs new PPA in Australia

Equinix signs new PPA in Australia

February 07, 2024 Equinix

Global colocation giant Equinix recently announced that it has signed a power purchase agreement (PPA) for 151MW of wind power in Australia. The company will pay for 20 percent of the first phase of the giant Golden Plains Wind Farm project, which is being built in rural Victoria, not far from...

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Read Michael Winterson leaves Equinix after 24 years
Michael Winterson leaves Equinix after 24 years

Michael Winterson leaves Equinix after 24 years

January 18, 2024 Equinix

Michael Winterson has left colocation provider Equinix after 24 years to take on the role of managing director for the European Data Centre Association. Winterson wrote on LinkedIn, “Exactly 24 years ago I started my data center career at IXEurope, not 300 meters from our current Equinix offices...

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Read Telco Group Aire merges with Canary Islands telco Idecnet
Telco Group Aire merges with Canary Islands telco Idecnet

Telco Group Aire merges with Canary Islands telco Idecnet

January 10, 2024 Spain

Spanish telecoms firm Aire this week announced that it is acquiring Canary Islands telco Idecnet as it looks to consolidate its presence in the region. Raúl Aledo, CEO of Grupo Aire, said, “The arrival of Idecnet to Grupo Aire responds to our national and international growth strategy, which is...

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Read Equinix becomes one of U.S largest green bond issuers
Equinix becomes one of U.S largest green bond issuers

Equinix becomes one of U.S largest green bond issuers

December 28, 2023 Equinix

Equinix is now one of the top ten largest green bond issuers in the United States after allocating $4.9 billion in green bonds to building and efficiency projects. These bonds will fund 172 green building projects on 105 sites, along with 33 energy efficiency projects. Equinix first issued green...

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