August 01, 2023 QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...
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July 28, 2023 Google
Alphabet reported quarterly sales of $74.6 billion, an increase of 7% from the same period last year. Profits increased by 15% to $18.4 billion. While advertising sales drove the majority of the company's development, cloud sales increased by 28 % to $8 billion. Google Cloud reported its...
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July 28, 2023 Meta
In the last quarter, Meta's capital expenditures reached $6.4 billion due to investments in data centers, servers, and network infrastructure. This is a decrease from the $7.1 billion the company spent in the previous quarter, but the Facebook proprietor is now done with a data center...
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July 27, 2023 Google
The 2023 Google environmental report shows a considerable increase in data center water consumption. The company consumed an astounding 5.6 billion gallons of water in 2022, of which 5.2 billion were used solely for data centers. Compared to the previous year, this is 20% higher. Large data...
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July 27, 2023 QTS Data Centers
A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...
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July 21, 2023 Google
Uruguay is currently battling a water crisis, facing its worst drought in more than 70 years. The country has now experienced years of low rainfall, something which is likely to only continue as climate change exacerbates the issue. However, it's not just the result of climate change, according...
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July 14, 2023 Google
Google has announced that it has begun work on a new data center in the Mesa area of Phoenix, Arizona. A $1 billion project, the facility will span 750,000 square feet (70,000 sqm) once fully built out. Previously known as "Redhawk," the project's first 288,530 sq ft (26,805 sqm) phase is due to...
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July 10, 2023 Google
Initially announced by the mayor of Farciennes, Hugues Bayet, the search and cloud company intends to construct three facilities in the Ecopôle business park in Wallonia. The campus will encompass 570,500 square feet. The project will begin construction by the end of the year and be completed in...
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June 22, 2023 DartPoints
DartPoints's May 2023 acquisition of Venyu was partly funded by Lafayette Square, a financial associate of data center provider DartPoints. Last month, DartPoints purchased the Louisiana-based operator, incorporating three data centers into its fleet and bringing the total number of data centers...
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June 06, 2023 South Carolina
South Carolina is planning a $1 billion data center development. This week, the York County Council will discuss and vote on tax incentives for a data center proposal in the county. York County is located in northeast South Carolina, toward the east of Greenville and Spartanburg, and adjacent to...
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May 25, 2023 Meta
After announcing that it was canceling or pausing data center projects that were in mid-development last year, Meta has finally revealed some details on its AI-optimized data centers. The giant has shared that it is working on a custom chip "family" to bolster the efficiency of its data centers,...
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May 25, 2023 QTS Data Centers
QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs. The refinancing is...
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May 24, 2023 Meta
rPlus Energies has announced that it has signed a 200MW power purchase agreement (PPA) with Idaho Power, which has a special energy services agreement with Meta; output from the project will go into the same grid supporting Meta's new Kuna data center. The Ada County, Idaho solar farm, known as...
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May 18, 2023 QTS Data Centers
QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking event...
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May 18, 2023 Meta
Details regarding Meta's water consumption at a planned data center in Toledo have been released, revealing that yearly the facility will guzzle an estimated 660 million gallons of water. The facility was given the green light by Castilla-La Mancha back in March as a PSI, due to the economic...
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May 08, 2023 Google
The US Equal Employment Opportunity Commission (EEOC) has filed a lawsuit against the construction company Whiting-Turner alleging racial harassment and retaliation against former Black employees. The lawsuit centered on the company's role as the general contractor for the Google data center's...
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May 05, 2023 Google
Google and state officials announced on Wednesday that the company intends to construct two additional data centers in Ohio to support its artificial intelligence equipment and other tools. According to officials, with one data center already operational in the Columbus area, Google's total...
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May 04, 2023 DartPoints
DartPoints, a frontrunner in the edge market colocation, cloud, and security service space, has acquired Venyu, the leading data center infrastructure and cloud services provider in Louisiana. DartPoints now operates 11 data centers totaling over 325,000 sq ft of space and 20 MW throughout the...
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May 03, 2023 QTS Data Centers
Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver to...
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April 28, 2023 Google
The Paris data center of Global Switch caught fire, bringing down Google services in Europe. According to a post to the French Network Operators Group, the fire seems to have been started by a cooling system water pump malfunction that caused water to leak into the battery room, sparking the...
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