Data Center News

European Commission reveals plans to upgrade power grids

The European Commission is currently drafting a plan to invest about €584 billion to upgrade the region's power grids. With this investment, countries will be able to handle varied renewable energy loads, modernize transmission, and improve cyber security. The draft document posted by Reuters ...

November 27, 2023

Europe

Nexspace unveils new data center facility in Heidelberg, Germany

New colocation operator Nexspace recently unveiled its first facility in the Heidelberg Innovation Park (HIP) in Germany this month. The three-story site offers 2MW of IT load across 4,000 square meters, which is reportedly expandable to 8,000 square meters in the future. Germany’s Data C...

November 25, 2023

nexspace: Heidelberg

Gigas to expand footprint in Lisbon

Spanish cloud company Gigas has planned to invest €3 million this year in its Oni data center in Lisbon, Portugal. The company purchased Portuguese telco Oni from MásMóvil in November 2020 for €40 million and plans to double the number of data rooms the 2,000 square meters site offers to ten, ...

November 25, 2023

Spain

Germany’s Hauck Aufhäuser Lamp Privatbank to launch new data center fund

Germany’s Hauck Aufhäuser Lamp Privatbank announced that its real estate investment management unit is launching a €300 million fund for institutional investors, targeting data centers in major German cities. This is the company’s first-ever data center-focused fund. Patrick Brinker, head of ...

November 24, 2023

Germany / Deutschland

Ericsson issues its first-ever green bond

Swedish network vendor Telco OEM Ericsson announced that it has issued its first-ever green bond, a €500 million bond with a maturity of four-and-a-half years issued under Ericsson's Euro Medium Term Note Program (EMTN). Carl Mellander, Ericsson’s CFO said, “The successful placement of this g...

November 24, 2023

Europe

Ridge purchases UK data center consultancy Concert

Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its curre...

November 18, 2023

London

Fibra Medios Telecom unveils new data center in Murcia, Spain

Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults...

November 17, 2023

Spain

Xavier Niel acquires 6% stake in Belgian telco Proximus

Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "...

November 15, 2023

Belgium

Liberty Latin America to sell telecom towers to PTI for $407m

Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin I...

November 13, 2023

France

Hausbank München to relocate German data centers to Kyndryl premises

IT services firm Kyndryl announced this week that it will be helping German cooperative bank Hausbank München to relocate two of its data centers from on-premise facilities to Kyndryl’s own facilities in Frankfurt. Kyndryl will rebuild the dedicated server infrastructure, establish a moderniz...

November 10, 2023

Germany / Deutschland

Deutsche Telekom’s subsidiary signs solar energy in Germany

Power and Air Condition Solution Management GmbH (PASM), a wholly owned subsidiary of Deutsche Telekom, has signed a long-term PPA with energy group EnBW. Following this 15-year agreement, PASM will offtake 100MW from the 960MW He Dreiht offshore wind farm in the North Sea. Construction of the...

November 08, 2023

Germany / Deutschland

UK gov pours $36 million into district heating system to heat 10,000 homes

The UK Government has awarded £36 million to a district heating system in West London, which will share data center waste heat with up to 10,000 new homes. The Old Oak and Park Royal Development Corporation (OPDC) will be paid this fund to create the heating system to harness waste heat betwee...

November 07, 2023

United Kingdom

Goodman says it has capacity for 3.7GW of data centers

Real estate group Goodman has over 3GW of potential data center capacity in its pipeline, according to a Q1 2024 operational update published yesterday. The company notes that this is an opportunity worth tens of billions of dollars as it outlines its ambitions for the data center space. The ...

November 07, 2023

Germany / Deutschland

Companies plan new “Fuel cell-powered” data center in Ireland

SK Ecoplant and Lumcloon Energy are planning to create a new age data center in Ireland that will depend on gas-powered fuel cells rather than the regular grid connection. The Irish development company and SK Group’s construction subsidiary signed this agreement this week during a trade missi...

November 03, 2023

Europe

Telecom Group purchases wireless network operator Luminet

Specialist alternative asset manager Telecom Group confirmed on Wednesday that it has completed the purchase of London-based wireless network operator Luminet, effectively expanding its footprint across the UK. The Manchester-based Telecom already provides fiber networks to Manchester, Leeds, ...

October 25, 2023

United Kingdom

Atos signs IT contract with Special Olympics

Atos has signed an agreement with non-profit sports organization Special Olympics Games for the provision of IT services until 2027. Atos is now in charge of handing and maintaining the organization’s Games Management System, its software, IT security services and innovations; infrastructure s...

October 24, 2023

England

Principal reaches final close of €300m Euro DC fund

Principal Asset Management announced this week that it closed its European data center fund, which is dedicated to acquiring data center assets in Europe, had reached a final close total of €297 million. About 60 percent of the fund is allocated to the core European markets of Germany, Netherl...

October 23, 2023

Europe

ICG completes £125 million purchase of London DC portfolio

Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...

October 23, 2023

London

Spanish government launches new phase of funding for rural 5G Standalone

The Spanish government opened the latest phase of its €1 billion funding project aimed at rolling out 5G Standalone (SA) to rural areas across the country to reduce the digital divide between urban and rural areas, as almost a fifth of the country’s population live in the rural areas. In this ...

October 20, 2023

Spain

ICT firm Cratis to launch data center in Varazdin

Croatian ICT solutions provider Cratis revealed that it will launch a new data center this month in Varazdin, north of Zagreb, in partnership with local polyethylene films, bags, and packaging manufacturer Muraplast.This new DC North facility will offer 2.8MW across six data rooms – each 340 s...

October 19, 2023

Croatia

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