Data Center News

Read Equinix files application for data centers in Clondalkin, Ireland
Equinix files application for data centers in Clondalkin, Ireland

Equinix files application for data centers in Clondalkin, Ireland

August 25, 2021 Equinix

Equinix filed for permission to build a data center in Profile Park, Clondalkin, Ireland. The Company filed for permission to build a three-story data center in July. It is going to call the facility DB8. The facility will be built within a 2.65 hectare of land. The facility will also have a...

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Read Google to expand its New Albany data center campus in Ohio
Google to expand its New Albany data center campus in Ohio

Google to expand its New Albany data center campus in Ohio

August 20, 2021 Google

Google has announced that it will expand its New Albany data center campus in Ohio with an injection of $1 billion. It first broke ground on the campus back in 2019, and the project has seen $600 million of investment already. On top of its capacity expansion at the New Albany campus, the tech...

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Read Equinix secures a cheaper, green future
Equinix secures a cheaper, green future

Equinix secures a cheaper, green future

August 18, 2021 Equinix

The Australian Competition and Consumer Commission (ACCC) recently granted a group of businesses led by Equinix the right to form a renewable energy purchasing group. This formation will allow the group, which includes Nike, H&M, HSBC Bank, and Goldman Sachs, to negotiate access to cheaper...

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Read The future of data center back-up energy
The future of data center back-up energy

The future of data center back-up energy

August 06, 2021 Google

With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting...

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Read Tackling data centers' cooling issues
Tackling data centers' cooling issues

Tackling data centers' cooling issues

August 06, 2021 1025Connect

According to the principles of Moore’s law, technology will double in its capacity every two years. Although on the technological advancement front this is great news, with increased computer power comes challenges. The main challenge being increased excess heat and the need to cool it. A number...

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Read Lumen divests CenturyLink ILEC assets
Lumen divests CenturyLink ILEC assets

Lumen divests CenturyLink ILEC assets

August 06, 2021 Lumen Technologies

Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business...

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Read Apple and Google rally against Ireland's proposed moratorium on new data centers
Apple and Google rally against Ireland's proposed moratorium on new data centers

Apple and Google rally against Ireland's proposed moratorium on new data centers

July 28, 2021 Google

Last month, the People Before Profit party in Ireland proposed an amendment to the Planning and Development act, to place a moratorium on new data centers being built. This proposal follows Ireland's Commission for Regulation of Utilities (CRU), launching a consultation on data center grid...

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Read Lumen is selling its Latin American business to Stonepeak for $2.7 billion
Lumen is selling its Latin American business to Stonepeak for $2.7 billion

Lumen is selling its Latin American business to Stonepeak for $2.7 billion

July 28, 2021 Lumen Technologies

Lumen Technologies has announced the sale of its entire Latin American business to Stonepeak Infrastructure Partners. The sale is said to be worth $2.7 billion. Australia’s largest pension fund, AustralianSuper, is also investing funds in the deal with Stonepeak. The current leadership team of...

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Read DataBank purchases existing building for fifth data center in Denver
DataBank purchases existing building  for fifth data center in Denver

DataBank purchases existing building for fifth data center in Denver

July 27, 2021 DataBank

DataBank has announced that it has purchased an existing land and building in Denver. The land and building acquired would be DataBank’s home for its fifth data center in Denver. This facility is located at 6961 S. Quentin Street in Centennial, CO. DataBank says the facility will help it meet the...

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Read Largest Data Center Funding Deals In Q2 of 2021
Largest Data Center Funding Deals In Q2 of 2021

Largest Data Center Funding Deals In Q2 of 2021

July 24, 2021 Sabey Data Centers

The data center industry is a multibillion-dollar industry. According to Gartner, end-user spending on data center infrastructure for 2020 was $188 billion, a 10.3% decrease from 2019’s spending. With these figures, we can reach a consensus that there’s a massive market available for data center...

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Read Equinix strives to balance expansion with its eco targets
Equinix strives to balance expansion with its eco targets

Equinix strives to balance expansion with its eco targets

July 23, 2021 Equinix

Back in June, Equinix committed to becoming climate-neutral by 2030; however, alongside this pledge, in recent years, it has undergone significant growth. Moreover, its environmental metrics reveal that between 2018-19, ​​the company’s scope 1 and 2 GHG emissions, carbon intensity, and energy...

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Read A carbon-neutral future: Which companies are committing and delivering?
A carbon-neutral future: Which companies are committing and delivering?

A carbon-neutral future: Which companies are committing and delivering?

July 21, 2021 1025Connect

In 2021, data centers are responsible for 2% of the world’s CO2 emissions, equivalent to the entire airline industry worldwide. It has also been forecast that by 2025, data centers could consume up to one-fifth of Earth’s power. Increasingly, data center companies are waking up to the fact that...

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Read Digital Realty and Brookfield team up to develop data centers in India
Digital Realty and Brookfield team up to develop data centers in India

Digital Realty and Brookfield team up to develop data centers in India

July 16, 2021 Digital Realty Trust

Digital Realty has announced that it has entered into a 50/50 joint venture agreement with Brookfield Infrastructure to develop data centers in India. The brand name of the joint venture is BAM Digital Realty. Although precise details around the project are yet to be released, reports indicate...

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Read Digital Realty is meeting green targets according to third annual ESG report
Digital Realty is meeting green targets according to third annual ESG report

Digital Realty is meeting green targets according to third annual ESG report

July 16, 2021 Digital Realty Trust

According to its latest ESG report, Digital Realty is meeting its sustainability targets in the push for carbon-neutrality. The company, as part of the Science-Based Target Initiative (SBTi), has committed to reducing its Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. Its...

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Read Sabey Data Centers issues $175 million in securitized notes
Sabey Data Centers issues $175 million in securitized notes

Sabey Data Centers issues $175 million in securitized notes

July 10, 2021 Sabey Data Centers

Sabey Data Centers announced that it has raised $175 million by issuing securitized notes at a coupon rate of 1.881%. By offering the notes at 1.881%, Sabey has set a record for the lowest new issue spread to benchmark rates. Also, Sabey Data Centers says it is the only data center issuer to...

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Read Comcast Business forms partnership with Sabey Data Centers
Comcast Business forms partnership with Sabey Data Centers

Comcast Business forms partnership with Sabey Data Centers

June 24, 2021 Sabey Data Centers

Through the partnership, the telecommunications conglomerate will integrate its connectivity into data centers in Tukwila and Quincy, which will give businesses a private connection to regional Sabey data centers. According to Comcast, the move will help businesses in the local area provide...

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Read Sabey secures $250 million refinancing deal for 375 Pearl Street
Sabey secures $250 million refinancing deal for 375 Pearl Street

Sabey secures $250 million refinancing deal for 375 Pearl Street

June 20, 2021 Sabey Intergate.Manhattan

Sabey has secured a $250 million refinancing deal for its office and data center at 375 Pearl Street, New York City. According to Commercial Observer, J.P. Morgan and Wells Fargo will be providing a $220 million, 10-year, fixed-rate CMBS loan and a further $30 million mezzanine debt. Sabey will...

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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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