Data Center News

Stonepeak Acquiring Stake in American Tower's CoreSite For $2.5bn

Stonepeak has revealed that it is acquiring a 29 percent stake in American Tower’s Coresite data center business. The investment firm will pay $2.5 billion for the stake in the business. The deal is expected to close in Q3 2022, subject to customary closing conditions. According to an annou...

July 15, 2022

CoreSite

American Tower Partners With Stonepeak in U.S. Data Center Business

BOSTON & NEW YORK--(BUSINESS WIRE)--American Tower Corporation (NYSE: AMT) and Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, today announced that Stonepeak, on behalf of certain affiliated investment vehicles, will acquire an ownership int...

July 11, 2022

American Tower Corporation

Google and Microsoft invest in FlexiDAO carbon tracking software

Tech giants, Google and Microsoft, have announced that they've invested in the carbon accounting startup FlexiDAO, which has now raised €6.1 million for its service that monitors the renewable energy that companies buy and the associated carbon emissions hour-by-hour and 24/7. While both Googl...

July 08, 2022

Google

Landmark Dividend Acquires Data Center For Undisclosed Fee

Landmark Dividend, a subsidiary of DigitalBridge, has acquired an office and data center from GI Partners in Broomfield, Colorado. According to BizWest, An affiliate of Landmark Dividend, LD DI Assetco acquired the property from GI TC Broomfield LLC, an affiliate of GI Partners. The property i...

July 08, 2022

TIAA: Broomfield

Equinix and Tamil Nadu Government Sign MoU

Equinix has announced that it has signed a Memorandum of Understanding with the Government of Tamil Nadu, India. The MoU will help foster Equinix's planned project in Siruseri, Chennai. The data center company bought 4.5 acres of land for $9 million in the State Industries Promotion Corporatio...

July 06, 2022

Equinix

Pantheon Invests $34.7m in Vantage Data Centers

Pantheon Infrastructure has announced that it will be investing $34.7m in Vantage Data Centers. The investment will be geared towards the data center company’s North American business for continued growth. Vantage has data center campuses in Quebec, Montreal, Phoenix, Ashburn, Quincy, and S...

July 01, 2022

Vantage Data Centers

Google's data plans in Saudi Arabia: Lives at risk

Back in December 2020, Google announced that it had signed an agreement with state-owned oil producer Saudi Aramco to set up a Google Cloud region in Saudi Arabia and offer Enterprise Cloud services. From the outset, this was a controversial move. Saudi Arabia is notorious for its human rights...

June 28, 2022

Google

Sustainable financing for EdgeConneX

EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with eve...

June 23, 2022

EdgeConneX

Google Breaks Ground on Its $300m Ohio Data Center

Google has broken ground on a new facility in Columbus, Ohio. The site for the new data center was previously used for a snake oil farm. Last year, the company first revealed plans for the 14,000 square meters (150,000 square foot) data center. According to the company, the facility will cost ...

June 23, 2022

Google

Google Acquires Land in Finland For Possible Data Center Development

Google has acquired 50 hectares of land in Hamina, Finland, for €4.3 million ($4.5m). The land is also located next to the company’s existing sea-cooled data center. The existing data center was acquired from Stora Enso, a Finnish paper company in 2009. It also opened the data center in 201...

June 23, 2022

Google

Google opens Milan, Italy, region in partnership with TIM

Google has announced it has opened a cloud region, in Milan, Italy, in partnership with TIM, namely the Europe-west8 region, its first in this region, following both AWS and Microsoft doing the same. According to the giant, it will bring on a second in Turin, which will happen over the next f...

June 21, 2022

Google

Vantage announces the opening data center campuses in Warsaw and Berlin

Vantage Data Centers has announced that it has launched a data center campus in both Poland and Germany, the former is in Warsaw, and its first step into the Polish market, while the latter is its campus in Berlin, which is the company’s second venture into Germany. Vantage has now completed ...

June 17, 2022

Vantage Data Centers

Equinix and PGIM Real Estate open data centre in Sydney

Equinix and PGIM Real Estate have announced the opening of SY9x, the first xScale data center in Sydney, following the closing of the two parties' US$575 million joint venture. Located in Rosehill, and adjacent to the Western Sydney CBD of Parramatta, this facility, will be accompanied by a s...

June 16, 2022

Equinix

Digital Realty Files To Develop its Fourth Data Center in Atlanta

Digital Realty is looking to develop its fourth facility in Atlanta, Georgia. The company applied with the city of Atlanta to develop the data center opposite its 56 Marietta Street data center. Digital Realty is looking to build a 10-story building data center with a total floor area of 30...

June 16, 2022

Digital Realty Trust

Digital Realty Forms JV With Mvine For Data Center Development

Digital Realty has announced a joint venture with Mivne Real Estate to develop a data center campus in Tel Aviv, Israel. The plan is to develop a multi-tenant data center campus. Mivne is a real estate company with a lot of land across Israel. According to reports, the firm owns up to 1.9 mill...

June 15, 2022

Digital Realty Trust

Google, Facebook and Microsoft Corp push back against big renewable project

Google, Facebook, and Microsoft Corp., currently three of the world’s biggest corporate buyers of clean power, have voiced their opposition to a nearly $4-billion, Warren Buffett-backed renewable-energy project proposed in Iowa. According to the three giants, the project, which would be the l...

June 13, 2022

Google

Vantage Data Centers Enters Power Purchase Agreement with SolarAfrica

Vantage Data Centers has entered into a 20-year power purchase agreement (PPA) with SolarAfrica, which will enable Vantage to supplement the local grid powering the company’s data center campus in Johannesburg (JNB1) with renewable energy. According to reports, the campus is set to open in Ju...

June 10, 2022

Vantage Data Centers

Equinix To Invest $86m in Developing a New Indian Facility

Equinix has announced that it will be developing its third data center in Mumbai, India. The data center giant said it would invest over $86 million to develop the data center. According to the company, the data center will be housed on four-acre land. The data center will be located in Cha...

June 09, 2022

Equinix

CoreSite Absorbs Three American Tower's Data Centers

CoreSite has integrated three data centers from American Tower into its data center portfolio. The data centers are located in Florida and Georgia. The three data centers are Orlando OR1, located at 9701 S. John Young Parkway, Orlando, Atlanta AT1, located at 55 Marietta Street NW, Atlanta)...

June 09, 2022

CoreSite

Google Launches First Cloud Region in Texas

Google has announced a new cloud region in Dallas, Texas. In a statement by the company, it said it is happy to expand its presence in Texas by launching a new cloud region in Dallas, making it the second region in the central US and the eleventh in North America. This is the company’s firs...

June 08, 2022

Google

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