Data Center News

CyrusOne’s European data center portfolio now 100 percent powered by renewable energy

CyrusOne just announced that all of its data centers in Europe are now running on 100% renewable energy. The Company has facilities in Dublin, London, Frankfurt, and Amsterdam, currently operating on renewable tariffs. Besides, the Company recently promised to be carbon neutral by 2040, and t...

June 02, 2021

CyrusOne

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

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. Thi...

June 02, 2021

Switch

AWS announces a new region, AWS Middle East (UAE)

Amazon Web Services has announced plans to build a new data center region in UAE. The new zone will have three Availability Zones, and it will be open before the mid of 2022. Upon completion, the region will be AWS’s second region in the Middle East after opening a Bahrain region two years ago...

May 28, 2021

Amazon AWS

Facebook releases Renewable Impact Study

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 econom...

May 27, 2021

Meta

Digital Realty Completes Acquisition Of Ascenty (Press Release)

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...

May 20, 2021

Ascenty

Switch to acquire Data Foundry for $420m

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...

May 03, 2021

Switch

EdgeConneX Expands in 6 North American Markets

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 Ed...

April 28, 2021

EdgeConneX

Digital Realty Introduces New Connections to Google Cloud In 5 Major Metros

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 direc...

March 23, 2021

Digital Realty Trust

DataBank issues $658M of Secured Notes

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 gen...

March 12, 2021

DataBank

Digital Realty Relocates Headquarters to Austin

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 foo...

January 15, 2021

Digital Realty Trust

DataBank closes Acquisition of Zayo's data centers

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 facili...

December 15, 2020

DataBank

DataBank acquires zColo sites from Zayo for $1.4 Billion

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 cen...

September 30, 2020

DataBank

EQT acquires 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. ...

August 19, 2020

EdgeConneX

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

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 dec...

July 09, 2020

Element Critical

Sabey Data Centers Successfully Issues $800M in Securitized Notes (PR)

Sabey Data Centers, one of the largest privately-owned multi-tenant data center owner/developer/operators in the United States, announced today that it has completed a major financing by successfully completing its inaugural issuance of $800 million in securitized notes. Structured by Guggenhe...

April 30, 2020

Sabey Data Centers

CyrusOne amends $2.5 Billion Credit Facility

The amended agreement consists of a $1.4B revolving credit facility, which includes a $750M multi-currency borrowing sub-limit, and term loan commitments totaling $1.1B.The credit agreement also contains an option which allows CyrusOne to obtain up to $1.5 billion in additional revolving or te...

April 01, 2020

CyrusOne

Digital Realty completes Acquisition of Interxion, a European Colocation Provider

Digital Realty Trust has closed its acquisition of Interxion. Interxion was one of the largest independent colocation providers in Europe. It was a smart pick up by Digital. The Interxion portfolio includes many densely interconnected buildings which will include Frankfurt, Madrid, Vienna, Ams...

March 13, 2020

Digital Realty Trust

DataBank Announces $185 Million Equity Investment from Colony Capital (PR

DALLAS, Jan. 6, 2020 /PRNewswire/ -- DataBank, a leading provider of enterprise-class data center, connectivity and managed services, today announced that Colony Capital (NYSE: CLNY) has made a $185 million investment into DataBank through the purchase of secondary equity interests from existi...

January 06, 2020

DataBank

CyrusOne Helps Launch ODATA’s First Data Center in Colombia (PR)

DALLAS--(BUSINESS WIRE)--CyrusOne (NASDAQ: CONE), a premier global data center REIT, today announced that it has helped ODATA construct and launch the company’s first data center in Bogotá, Colombia. ODATA’s new data center, DC BG01, is the second ODATA data center, the first outside Brazil af...

May 28, 2019

ODATA BG01

CyrusOne Reports Q1 2019 Earnings: Revenue is $225M up 14% YoY

CyrusOne Inc. (CONE), a premier global data center REIT, today announced first quarter 2019 earnings. First Quarter Highlights 1Q’19 Year-over-Year Revenue Growth of 14% Leased 16 megawatts (“MW”) and 93,000 colocation square feet (“CSF”) in the first quarter, totaling $27 million in ann...

May 01, 2019

CyrusOne

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