Data Center News

Read Equinix promises to cut emissions by 50 percent before 2030
Equinix promises to cut emissions by 50 percent before 2030

Equinix promises to cut emissions by 50 percent before 2030

June 17, 2021 Equinix

Equinix has promised that it would reduce its emissions by 50% before 2030. It would also be reducing emissions created by its electricity supply by 50% before 2030. This promise comes few days after Greenpeace criticized the Company for not having trustworthy timelines on the use of renewable...

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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 Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program
Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

Equinix partners with GIC to invest additional $3.9 billion in its Hyperscale Program

June 15, 2021 Equinix

Equinix has announced that it has signed agreements for additional joint ventures with GIC, Singapore's sovereign wealth fund, which will add $3.9 billion to expand its data center program. The agreements come in the form of limited liability partnerships with GIC. The close, which is expected...

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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 Switch raises $500 million in senior notes to fund the Data Foundry acquisition
Switch raises $500 million in senior notes to fund the Data Foundry acquisition

Switch raises $500 million in senior notes to fund the Data Foundry acquisition

June 02, 2021 Switch

Switch will borrow $500 million to pay for its recent acquisition of Data Foundry for $420 million. Switch will be borrowing $500 million in senior notes. Senior notes are less risky, and the lender gets to pay lower interest. However, senior notes are a priority over other types of debt. This...

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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 Equinix is Exiting Eight Leased Data Centers In The US
Equinix is Exiting Eight Leased Data Centers In The US

Equinix is Exiting Eight Leased Data Centers In The US

May 10, 2021 Equinix

Equinix has announced that it would not be renewing the leases for eight of its data centers in the US. The data centers are situated in New York, Georgia, and some in California and Atlanta. Equinix commented that the reason for the development is that some of the facilities don’t meet the...

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Read Equinix prices $2.6 billion "Green" Bond Sale
Equinix prices $2.6 billion "Green" Bond Sale

Equinix prices $2.6 billion "Green" Bond Sale

May 04, 2021 Equinix

Equinix has announced that it priced $2.6 billion principal amount of notes, including $1.0 billion of green bonds in its third green bond offering. The green bonds will be used to help advance the company's longstanding commitment to sustainability leadership and reducing its environmental...

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Read Switch to acquire Data Foundry for $420m
Switch to acquire Data Foundry for $420m

Switch to acquire Data Foundry for $420m

May 03, 2021 Switch

Switch will acquire Data Foundry for $420m in an all-cash transaction. The acquisition is expected to close by mid-2021 if it meets all customary closing conditions. Data Foundry has three highly connected data centers in Austin with an expansion capability of up to 44 MW. It also has one data...

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Read EdgeConneX Expands in 6 North American Markets
EdgeConneX Expands in 6 North American Markets

EdgeConneX Expands in 6 North American Markets

April 28, 2021 EdgeConneX

EdgeConneX has announced that it will add almost 20MW of new capacity across six of its data centers in North America. The facilities that will benefit from this expansion are Seattle, Portland, Phoenix, Miami, Detroit, and Chicago. According to Phillip Marangella, Chief Marketing Officer at...

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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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Read Skybox sells Houston Facility to Element Critical
Skybox sells Houston Facility to Element Critical

Skybox sells Houston Facility to Element Critical

March 16, 2021 Element Critical Houston One

Element Critical has acquired Skybox's Houston One facility. Element Critical is the new owner, but Skybox will continue to operate the facility and handle wholesale leasing. Skybox and Element Critical jointly issued the press release below on March 16th 2021: Vienna, VA, — Element Critical, a...

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Read DataBank issues $658M of Secured Notes
DataBank issues $658M of Secured Notes

DataBank issues $658M of Secured Notes

March 12, 2021 DataBank

Colocation provider DataBank will issue $658 million of secured notes. The new securitization notes will refinance DataBank's existing credit facility. This securitization and refinancing of previous loans adds more than $200M in liquidity to DataBank's balance sheet, providing funding for...

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Read Digital Realty Relocates Headquarters to Austin
Digital Realty Relocates Headquarters to Austin

Digital Realty Relocates Headquarters to Austin

January 15, 2021 Digital Realty Trust

Digital Realty (DLR) has announced it will relocate its corporate headquarters to Austin, Texas from San Francisco, California. DLR will maintain a presence in the San Francisco Bay Area as one of the world's leading technology hubs.Digital Realty already operates a significant data center...

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Read DataBank closes Acquisition of Zayo's data centers
DataBank closes Acquisition of Zayo's data centers

DataBank closes Acquisition of Zayo's data centers

December 15, 2020 DataBank

DataBank has closed deal to acquire 45 of Zayo's data centers across 20 markets in the US and UK. A second closing for zColo’s data centers in France is expected to be completed in Q1 2021. The deal instantly transforms Databank into a large player in the colocation market. With zColo's...

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Read Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada
Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

Equinix Completes US$780 Million Acquisition of 13 Bell Data Centers in Canada

October 01, 2020 Equinix

Equinix has completed it's acquisition of 13 Bell Canada's data centers. The acquisition was first announced in June 2020. Bell had operated the facilities under the Q9 brand. It partially acquired Q9 in 2012 for $1.1 billion and in 2016 it acquired the remainder for $675 million. This deal...

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Read DataBank acquires zColo sites from Zayo for $1.4 Billion
DataBank acquires zColo sites from Zayo for $1.4 Billion

DataBank acquires zColo sites from Zayo for $1.4 Billion

September 30, 2020 DataBank

DataBank will acquire Zayo's zColo division for $1.4 billion. The deal includes the sale of 44 data centers in more than 20 markets across the United States and Europe. The transaction is expected to close in December 2020. Once closed, DataBank will operate 1.1 million square feet of data center...

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Read EQT acquires EdgeConneX
EQT acquires EdgeConneX

EQT acquires EdgeConneX

August 19, 2020 EdgeConneX

The Swedish investment firm EQT AB has announced that it acquired the US-based colocation company EdgeConneX. EdgeConneX has a global footprint, operating over 40 facilities in 33 markets across North America, Europe and South America and continues to expand after being founded a decade ago. EQT...

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Read Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing
Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing

Element Critical promotes Wayne Dietrich to COO and hired Ed Grndhauser for head of Sales & Marketing

July 09, 2020 Element Critical

VIENNA, Va. /PRNewswire/ -- Element Critical, a leading provider of IT infrastructure with premium data centers in Silicon Valley, Chicago, and Northern Virginia today announces the promotion of Wayne Dietrich to Chief Operating Officer. With diverse management experience spanning over two...

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Read Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)
Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

Equinix Prices Offering Of $2.6 Billion Senior Notes (PR)

June 08, 2020 Equinix

REDWOOD CITY, Calif /PRNewswire/ -- Equinix, Inc. ("Equinix") (Nasdaq: EQIX), the global interconnection and data center company, announced the pricing of its underwritten public offering of $2.6 billion aggregate principal amount of senior notes, consisting of $500,000,000 of 1.250% Senior Notes...

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