March 11, 2022 Meta
According to Biz Journal, Meta will be the first tenant at the new large data center campus in Kansas, Missouri. Plans for a Golden Plains Technology Park, also known as Project Velvet, were first submitted in 2021. The developer has plans for a 510,000 square meters (5.5 million square feet)...
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March 01, 2022 STACK INFRASTRUCTURE
STACK Infrastructure has announced that it is expanding its global reach into the EMEA region. According to the company, this expansion makes it one of the largest private data center operators globally, with operations in 16 markets across three continents. Currently, STACK has over 400 MW under...
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February 16, 2022 STACK INFRASTRUCTURE
Amazon Web Services has completed the sale of two plots of land in Prince William County, Virginia, to Stack Infrastructures. Interestingly, it also bought two parcels of land in Loudoun County, Virginia, from Stack Infrastructure’s owner, IPI Partners. According to BizJournal, AWS sold two plots...
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February 04, 2022 Meta
Meta, formerly known as Facebook, has released its Q4 2021 financial reports. The report shows that the social media giant has spent $5.5 billion on capital expenditure in Q4 2021. The investment was in servers, office facilities, data centers, and network infrastructure. The company has invested...
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January 26, 2022 Meta
In its latest move towards attaining more green credentials, Meta has announced the signing of a power purchase agreement (PPA) with Apex for its 225-MW Great Pathfinder Wind project in Iowa. This is the energy company’s fifth deal with the social media giant. According to CEO Mark Zuckerberg, as...
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January 18, 2022 Meta
Facebook’s data center in DeKalb located east of Route 23 and south of Gurler Road, has almost reached its first phase of completion, while the second phase of construction has been approved. According to reports, an initial investment of $800 million has been made, a figure that is likely to...
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January 17, 2022 STACK INFRASTRUCTURE
Stack Infrastructure has revealed that it would be developing a 36MW data center campus in Japan. The facility will be located in Inzai, Chiba Prefecture, just outside Tokyo. Stack Infrastructure will be partnering with funds managed by Oaktree Capital Management LP on the project. The company...
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January 10, 2022 STACK INFRASTRUCTURE
Stack Infrastructure has revealed the development of a new 216MW data center campus in Ashburn, Virginia. The facility would be developed on an 80-acre site with three buildings with a combined space of 1 million square feet. The company revealed that the facility's first phase is scheduled to...
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November 05, 2021 Meta
Facebook says it plans to spend between $29 billion and $34 billion on capital investments in 2022. This is an increase from the social media giant’s $19 billion spend this year. Chief Financial Officer at Facebook, David Wehner, says the rise in expenditure was due to investments in servers,...
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October 29, 2021 Meta
Social Media and advertising giant Facebook have rebranded its company name as ‘Meta.’ The company’s top social media website will retain its name as Facebook. Its subsidiaries Instagram and WhatsApp will also keep their names. The company revealed that it would start trading under the stock...
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October 13, 2021 STACK INFRASTRUCTURE
Stack Infrastructure has revealed its plan to expand into the Asia Pacific region. The company is planning to open a regional headquarters in Singapore. It would also expand into Osaka and Tokyo immediately before entering into Hong Kong, Singapore, Australia, South Korea, and other Asia Pacific...
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October 13, 2021 Meta
Facebook has acquired 212 hectares of land in Andrup in Esbjerg, Denmark, for DKK 277 million ($43 million). The Esbjerg municipal announced that Facebook could start planning and surveying the land for building a data center in the future. Mayor Jesper Frost Rasmussen of Esbjerg municipal was...
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October 12, 2021 STACK INFRASTRUCTURE
Stack Infrastructure’s latest data center facility in Silicon Valley (SVY02) is now live and is adjacent to the company’s existing SVY01 facility at its Silicon Valley Campus. This 3-story, 240,000 sqft facility brings 32MW of capacity to the region and is powered entirely by 100% renewable...
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October 07, 2021 Meta
Social media services Facebook, WhatsApp and Instagram recently experienced a six-hour blackout, where users were unable to login, message, and peruse the platforms. But, users weren't the only ones whose access to the platform was interrupted. According to reports, tech giant Facebook also lost...
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September 24, 2021 Meta
The Uptime Institute recently released its 11th annual global data center survey, and unfortunately, the results were disappointing. The survey found that while there is a growing awareness of the need to pursue sustainability goals and create greener operations regarding data centers, most...
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August 20, 2021 Meta
As the climate crisis reaches breaking point and the number of water-stressed regions across the US increase, Facebook, whose data centers consume huge amounts of water in areas plagued by water scarcity, has promised to reverse its environmental impact. According to Sylvia Lee, Facebook’s...
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May 27, 2021 Meta
A new study into the impacts of Facebook's renewable energy projects was recently released. The report, commissioned by Facebook, and conducted by RTI International, a nonprofit research institute, revealed the social media company's renewable energy efforts have had widespread positive economic...
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May 19, 2021 STACK INFRASTRUCTURE
Stack Infrastructure has announced that it would be running 100% on renewable energy by the end of 2021. The Company made the promise of running all its current and future data centers with 100% green energy while launching its new social responsibility program. The Chief strategy officer at...
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March 19, 2021 STACK INFRASTRUCTURE
STACK INFRASTRUCTURE has lined up another large round of financing. The Data Center operator has borrowed $400 million through the sale of securitized notes, the latest in four transactions that have raised $1.8 billion to build more data centers.Last September STACK raised $325 million in...
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September 01, 2020 STACK INFRASTRUCTURE
Denver-based Stack Infrastructure, a data center company, has closed a $325 million debt offering. Stack also issued securitized notes in February and November of last year. Including the latest round, the company has so far raised a total of $1.4 billion to fuel its growth. Stack's Press Release...
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