Data Center News

Read Digital Realty Announces Sale of Data Center For $205m
Digital Realty Announces Sale of Data Center For  $205m

Digital Realty Announces Sale of Data Center For $205m

August 15, 2022 Digital Realty Trust

Digital Realty has announced the sale of a “mature” data center. The move is to ensure that more capital is available for new projects. Notably, the company did not reveal which building it sold or who acquired the facility. According to a release from the company, it has disposed of the...

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Read Equinix signs wind PPA with Neoen
Equinix signs wind PPA with Neoen

Equinix signs wind PPA with Neoen

July 26, 2022 Equinix

Equinix has announced that it has signed a second PPA with Neoen in Finland in a 10-year deal. The deal will see Neoen (which owns an 80% stake in the project) and project developer Prokon (owning 20%) provide at least 42MW of wind capacity from the 53MW Lumivaara wind park which is currently...

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Read Equinix sued over alleged patent infringement
Equinix sued over alleged patent infringement

Equinix sued over alleged patent infringement

July 25, 2022 Equinix

Equinix is being faced with a lawsuit from Cloud Conductor LLC, a multi-cloud management firm, over accusations that the colocation giant stole its technology that was placed in one of its data centers. According to the filing, Equinix began offering a cloud connectivity service identical to a...

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Read Equinix and Tamil Nadu Government Sign MoU
Equinix and Tamil Nadu Government Sign MoU

Equinix and Tamil Nadu Government Sign MoU

July 06, 2022 Equinix

Equinix has announced that it has signed a Memorandum of Understanding with the Government of Tamil Nadu, India. The MoU will help foster Equinix's planned project in Siruseri, Chennai. The data center company bought 4.5 acres of land for $9 million in the State Industries Promotion Corporation...

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Read Sustainable financing for EdgeConneX
Sustainable financing for EdgeConneX

Sustainable financing for EdgeConneX

June 23, 2022 EdgeConneX

EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with...

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Read Serverfarm increases its power capacity at its LON1 Data Center
Serverfarm increases its power capacity at its LON1 Data Center

Serverfarm increases its power capacity at its LON1 Data Center

June 21, 2022 ServerFarm Realty

Serverfarm has announced that it has expanded its power capacity at its LON1 data center, by adding an additional 8MW of capacity, almost doubling its power capacity. According to Arun Shenoy, CMO at Serverfarm, 3MW of new power capacity will be available in the next four months, “with more to...

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Read Equinix and PGIM Real Estate open data centre in Sydney
Equinix and PGIM Real Estate open data centre in Sydney

Equinix and PGIM Real Estate open data centre in Sydney

June 16, 2022 Equinix

Equinix and PGIM Real Estate have announced the opening of SY9x, the first xScale data center in Sydney, following the closing of the two parties' US$575 million joint venture. Located in Rosehill, and adjacent to the Western Sydney CBD of Parramatta, this facility, will be accompanied by a...

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Read Digital Realty Files To Develop its Fourth Data Center in Atlanta
Digital Realty Files To Develop its Fourth Data Center in Atlanta

Digital Realty Files To Develop its Fourth Data Center in Atlanta

June 16, 2022 Digital Realty Trust

Digital Realty is looking to develop its fourth facility in Atlanta, Georgia. The company applied with the city of Atlanta to develop the data center opposite its 56 Marietta Street data center. Digital Realty is looking to build a 10-story building data center with a total floor area of 300,000...

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Read Digital Realty Forms JV With Mvine For Data Center Development
Digital Realty Forms JV With Mvine For Data Center Development

Digital Realty Forms JV With Mvine For Data Center Development

June 15, 2022 Digital Realty Trust

Digital Realty has announced a joint venture with Mivne Real Estate to develop a data center campus in Tel Aviv, Israel. The plan is to develop a multi-tenant data center campus. Mivne is a real estate company with a lot of land across Israel. According to reports, the firm owns up to 1.9 million...

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Read Equinix To Invest $86m in Developing a New Indian Facility
Equinix To Invest $86m in Developing a New Indian Facility

Equinix To Invest $86m in Developing a New Indian Facility

June 09, 2022 Equinix

Equinix has announced that it will be developing its third data center in Mumbai, India. The data center giant said it would invest over $86 million to develop the data center. According to the company, the data center will be housed on four-acre land. The data center will be located in...

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Read Supernap Thailand Shareholders Mulling Over Sale
Supernap Thailand Shareholders Mulling Over Sale

Supernap Thailand Shareholders Mulling Over Sale

June 02, 2022 Switch

According to reports, Supernap Thailand investors are looking to sell their stake in the business. Some shareholders including Kasikornbank Pcl and Siam Commercial Bank are working with financial advisers to make the sale possible. Supernap Thailand is said to be worth up to $800m. Supernap...

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Read Digital Realty signs 158MW solar PPAs
Digital Realty signs 158MW solar PPAs

Digital Realty signs 158MW solar PPAs

May 20, 2022 Digital Realty Trust

Digital Realty has announced that it has signed a Power Purchase Agreement (PPA) for solar energy in California and another Georgia, with Terra-Gen and Georgia Power, respectively. The former is for a 12-year agreement with Terra-Gen, which will support the development of the 130MW Edwards...

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Read DataBank To Develop a 40MW Data Center at Newly Acquired Property
DataBank To Develop a 40MW Data Center at Newly Acquired Property

DataBank To Develop a 40MW Data Center at Newly Acquired Property

May 18, 2022 DataBank

DataBank has announced the acquisition of an existing data center and 18-acre land in Atlanta, Georgia. The property acquired is located at 200 Selig Drive, Atlanta. Although the company did not reveal the transaction terms, CoStar reports that DataBank paid $10.9 million for the property. The...

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Read Stream Data Centers Announces New Investment Vehicle For Data Centers
Stream Data Centers Announces New Investment Vehicle For Data Centers

Stream Data Centers Announces New Investment Vehicle For Data Centers

May 17, 2022 Stream Data Centers

Stream Data Centers has announced the launch of a new investment vehicle to make investments in stabilized facilities across the United States. The company revealed that it would use the new investment platform to make wholly-owned investments in data center opportunities in the country, focusing...

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Read Stream Data Centers makes moves in Texas
 Stream Data Centers makes moves in Texas

Stream Data Centers makes moves in Texas

May 16, 2022 Stream Data Centers

Stream Data Centers has announced that it is planning a new facility in Wilmer in Dallas County, Texas, near Interstate 45. That said, the company is yet to make an official announcement and news of the new development comes from planning filings picked up by Dallas News. As per the report...

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Read New York Internet To Take Over Space at 60 Hudson After Equinix's Lease Ends
New York Internet To Take Over Space at 60 Hudson After Equinix's Lease Ends

New York Internet To Take Over Space at 60 Hudson After Equinix's Lease Ends

May 16, 2022 Equinix

According to a newsletter from Christian Koch’s Foundations, New York Internet (NYI) will be taking over a space in 60 Hudson Street carrier hotel currently occupied by Equinix. Equinix announced in May 2021 that it would be exiting some of its leased data centers in the US. One of those...

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Read Equinix and the plan for a district heating scheme in Blanchardstown, Dublin
Equinix and the plan for a district heating scheme in Blanchardstown, Dublin

Equinix and the plan for a district heating scheme in Blanchardstown, Dublin

May 13, 2022 Equinix

Equinix has announced its involvement in a new district heating system project in Blanchardstown, Dublin. The data center company is teaming up with Codema, the Dublin energy agency, which will begin by carrying out a feasibility study. The project will reportedly be based around Equinix's DB5, a...

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Read Element Critical Expands Its Houston One Facility
Element Critical Expands Its Houston One Facility

Element Critical Expands Its Houston One Facility

May 12, 2022 Element Critical Houston One

Element Critical has announced that it has expanded its Houston One data center. The expansion comes one year after it acquired the facility. The expansion sees the company add two new data halls to the data center building located at 22000 Franz Rd in Katy. The expansion also saw Element...

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Read DigitalBridge and IFM Taking Switch Private For $11 billion
DigitalBridge and IFM Taking Switch Private For $11 billion

DigitalBridge and IFM Taking Switch Private For $11 billion

May 12, 2022 Switch

DigitalBridge Group and IFM Investors have entered an agreement with Switch to take it private. The deal to take the US data center company private is worth $11 billion. The CEO and Founder of Switch, Rob Roy, said the development is a crucial moment in the company’s vision for its evolution and...

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Read Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility
Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

May 09, 2022 Cogent Communications

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter...

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