August 02, 2023 STACK INFRASTRUCTURE
$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billion...
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August 01, 2023 AirTrunk
AirTrunk has filed for its Sydney, Australia, SYD3 data center campus. After purchasing the land in 2021, the company has submitted plans to the New South Wales Department of Planning for a 320MW data center spanning 1.3 million square feet across seven stories. The property in question cost...
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August 01, 2023 KDDI
Toyota Motor Corporation intends to sell a roughly $1.80 billion stake in KDDI Corporation as part of a share buy-back deal. Reuters reports that the Japanese automaker wants to raise funds to accelerate vehicle electrification. Toyota's stake in the Japanese telco would decrease from 14.68...
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July 26, 2023 STACK INFRASTRUCTURE
Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24. The notes have received an A-2 rating from S&P Global. This is presently set...
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July 17, 2023 Equinix
Equinix has announced that, through a partnership with a number of different companies, it will connect to a new district heating scheme in Frankfurt, Germany. In collaboration with Vonovia, AS Enterprise, and EB-SIM, the group aims to build a heating network for the bizonal residential area in...
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July 14, 2023 Equinix
As Singapore looks to end a years-long prohibition on new developments, four data center operators have been given 80MW of capacity for new facilities. Since 2019, Singapore has imposed a ban on the construction of new data centers; however, previously authorized facilities were permitted to be...
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July 06, 2023 Vantage Data Centers
Vantage Data Centers is appealing to An Bord Pleanála over the decision to refuse its data center application in Dublin, Ireland. The application for a two-story, 12,893 sqm development in the West Dublin area of Clondalkin was rejected on both power capacity and environmental grounds, with the...
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July 04, 2023 NTT
NTT will spend $50 million to construct two of its data centers for a new tenant in the Garland area of Dallas-Fort Worth, Texas. The company submitted applications to the Texas Department of Licensing and Regulation for two fit-out projects at its existing campus under construction structures....
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July 04, 2023 Equinix
This week, the company revealed the opening of TY13x. Situated in the Inzai region and opposite TY12x, TY13x provides 8MW in the first phase and 36MW when fully constructed. In October 2019, Equinix partnered with Singapore's GIC sovereign wealth fund to develop hyperscale centers under the...
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June 30, 2023 NTT
NTT launched a $350 million hyperscale data center (DC) campus in Chennai. MIST, its undersea cable system, will connect to the new DC site. The firm and TN inked a facilitation MoU in 2021. Chennai 2, a six-acre DC campus in Ambattur, will have two towers with a 35 MW IT load. The first...
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June 28, 2023 AirTrunk
AirTrunk is developing its second facility in Hong Kong, located in the East New Territories. The facility, AirTrunk HKG2, will offer 15 MW, spanning 11,600 sqm (124,860 sq ft), with 4,400 sqm (4,7360 sq ft) of technical space. The facility will have a PUE of 1.25, and initial capacity is set to...
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June 26, 2023 NTT
In Prince William County, NTT has filed for permission for a joint Federal and State permit from the Norfolk District of the US Army Corps of Engineers for a 336MW data center campus. The permit application, NTT VA10, outlines the project is named Grove at Gainesville and includes plans to build...
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June 22, 2023 Equinix
Invesco has purchased a data center in San Jose, California, run by Equinix. Mercury News reports that the Sobrato Organization recently sold 1735 Lundy Avenue in San Jose to Invesco Real Estate for $86.3 million, citing documents from Santa Clara County. The single-story building encompasses...
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June 22, 2023 Telehouse
Telehouse has entered the Canadian market with the acquisition of three data centers. KDDI, the parent company of the data center company, announced this week that it had acquired three data centers and the associated assets in Toronto, Canada, from Allied Properties REIT. KDDI paid $1.02 billion...
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June 13, 2023 NTT
NTT has announced that it has partnered with Prestige Group for a new 100 MW data center in Bangalore, India. The deal will see the company develop a one million square feet area spread across multiple buildings and constructed in three phases. According to the companies, the first building is...
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June 12, 2023 Equinix
Equinix is expanding its data center footprint in Malaysia, with plans for a new data center in Kuala Lumpur called KL1, which, the company said, will provide greater digital infrastructure capacity in the country. The new facility, which follows the company's announcement of JH1 in Johor, will...
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June 12, 2023 Empyrion Digital
Empyrion DC has begun construction on its first data center in the Gangnam neighborhood of Seoul, South Korea. The 40MW facility, located in Yangjae-dong, Seocho-gu, will be the first to be built in the Gangnam region since around 2011. Interestingly enough, this is when Psy's song Gangnam-Style...
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June 07, 2023 CloudHQ
CloudHQ has purchased land in San Antonio, Texas, to construct a data center campus. The company has acquired nearly 123 acres of land in the Texas Research Park, just down the street from Microsoft's Bexar County facilities. The University of Texas System sold CloudHQ the land bounded by Lambda...
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June 07, 2023 Digital Edge DC
Digital Edge has begun constructing its data center in downtown Tokyo, Japan. A few days ago the company announced on LinkedIn that the building of its TYO7 site had officially begun. The Singapore-based business revealed plans for a new facility in March 2023. The facility will be situated at...
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May 31, 2023 Equinix
Equinix has announced that it is opening its third International Business Exchange (IBX) data center in Dubai, which, at full build-out, will offer 1,800 cabinets of capacity across two phases or a total footprint of 12,000 square meters (135,000 square feet). The facility will support the...
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