December 04, 2023 Stockholm
New data center firm Evroc announced last week that it has signed an agreement with Arlandastad Group to select Stockholm as the location for its first facility and build it in 2024. The company also mentioned that it plans to invest €600 million in the project, which is one of ten it intends to...
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December 01, 2023 Portugal
The Sines data center campus in Portugal involved in the Portuguese government corruption scandal is reported to have also destroyed natural habitats protected by Portuguese and European legislation. A report by the INCF revealed Start Campus built its first data center on the site in Sines on...
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November 27, 2023 Europe
The European Commission is currently drafting a plan to invest about €584 billion to upgrade the region's power grids. With this investment, countries will be able to handle varied renewable energy loads, modernize transmission, and improve cyber security. The draft document posted by Reuters...
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November 25, 2023 nexspace: Heidelberg
New colocation operator Nexspace recently unveiled its first facility in the Heidelberg Innovation Park (HIP) in Germany this month. The three-story site offers 2MW of IT load across 4,000 square meters, which is reportedly expandable to 8,000 square meters in the future. Germany’s Data Center...
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November 25, 2023 Spain
Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten,...
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November 24, 2023 Germany / Deutschland
Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of real...
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November 24, 2023 Europe
Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this green...
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November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
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November 17, 2023 Spain
Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults....
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November 15, 2023 Belgium
Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "We...
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November 13, 2023 France
Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin...
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November 10, 2023 Germany / Deutschland
IT services firm Kyndryl announced this week that it will be helping German cooperative bank Hausbank München to relocate two of its data centers from on-premise facilities to Kyndryl’s own facilities in Frankfurt. Kyndryl will rebuild the dedicated server infrastructure, establish a modernized...
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November 08, 2023 Germany / Deutschland
Power and Air Condition Solution Management GmbH (PASM), a wholly owned subsidiary of Deutsche Telekom, has signed a long-term PPA with energy group EnBW. Following this 15-year agreement, PASM will offtake 100MW from the 960MW He Dreiht offshore wind farm in the North Sea. Construction of the...
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November 07, 2023 United Kingdom
The UK Government has awarded £36 million to a district heating system in West London, which will share data center waste heat with up to 10,000 new homes. The Old Oak and Park Royal Development Corporation (OPDC) will be paid this fund to create the heating system to harness waste heat between...
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November 07, 2023 Germany / Deutschland
Real estate group Goodman has over 3GW of potential data center capacity in its pipeline, according to a Q1 2024 operational update published yesterday. The company notes that this is an opportunity worth tens of billions of dollars as it outlines its ambitions for the data center space. The...
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November 03, 2023 Europe
SK Ecoplant and Lumcloon Energy are planning to create a new age data center in Ireland that will depend on gas-powered fuel cells rather than the regular grid connection. The Irish development company and SK Group’s construction subsidiary signed this agreement this week during a trade mission...
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October 25, 2023 United Kingdom
Specialist alternative asset manager Telecom Group confirmed on Wednesday that it has completed the purchase of London-based wireless network operator Luminet, effectively expanding its footprint across the UK. The Manchester-based Telecom already provides fiber networks to Manchester, Leeds,...
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October 24, 2023 England
Atos has signed an agreement with non-profit sports organization Special Olympics Games for the provision of IT services until 2027. Atos is now in charge of handing and maintaining the organization’s Games Management System, its software, IT security services and innovations; infrastructure...
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October 23, 2023 Europe
Principal Asset Management announced this week that it closed its European data center fund, which is dedicated to acquiring data center assets in Europe, had reached a final close total of €297 million. About 60 percent of the fund is allocated to the core European markets of Germany,...
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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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