Data Center News

DataBank to expand one of its Seattle, Washington facilities

DataBank has announced it is expanding one of its Seattle, Washington facilities. The company plans to increase the floor space to 27,900 square feet (2,590 sqm) and up the available critical IT power to 3MW.“We decided to expand our footprint in the Seattle area based on how fast its digital...

April 18, 2023

DataBank

Google signs wind PPA with Luminus in Belgium

Google has signed a new Power Purchase Agreement (PPAs) with Luminus to source wind energy in Belgium. The 12-year deal will see the tech giant acquire 23.8MW of energy from the Belgium energy company, sourced from four new onshore wind projects.According to Google, the PPA in Belgium will ke...

April 13, 2023

Google

DataBank Obtains Credit Facility of $325 Million

To help support its development aspirations, US colocation provider DataBank has obtained a new $325 million credit line. The facility, led by TD Securities, consists of a $50 million conventional credit line, a $125 million deferred draw term loan, and a $175 million five-year term loan. The ...

April 07, 2023

DataBank

Vantage Creates a New Investment Group in EMEA

With the formation of a new investment partnership, Vantage Data Centers has added new investors to its roster along with DigitalBridge. This week, the company disclosed that it has signed a legally binding agreement to establish an investment partnership with a group of investors, includin...

April 06, 2023

Vantage Data Centers

Google announces new cloud region in Doha, Qatar

Google has announced that it has launched a new cloud region located in Doha, Qatar, following the tech giant first announcing plans for expansion in this regard in 2020. The cloud region, the second that Google has launched this year, also launches alongside three availability zones and the ...

April 04, 2023

Google

Latest figures on renewable power reveal data center operators increased purchases by 50 percent in a year

Recent figures from S&P Global have revealed that the amount of renewable power purchased by data center operators has surged 50 percent in just a year. This latest figure now means that the sector utilizes two-thirds of the renewable power available to corporates in the US. The report hi...

April 04, 2023

Google

Google's new RFP system to reduce process time required for PPAs

Google has announced the development of a new Request for Proposal (RFP) system in collaboration with LevelTen Energy which it said will reduce the time required to sign a Power Purchase Agreement (PPA). This development comes from Google to simplify RFPs for PPAs which it said are "lengthy, ...

March 27, 2023

Google

A New Google Cloud Platform Region Has Been Launched in Turin, Italy

Google has introduced a new cloud region in Turin, Italy. The company did not disclose the new region's details or specs, although it did note that it has three availability zones and offers standard GCP services. After a busy 2022, it is the first new region the company has introduced in 2023...

March 24, 2023

Google

Meta signs PPA in Texas

Meta has announced that it has signed a new PPA for solar energy. The PPA, with Avangrid, will see the giant source 240MW of energy from the True North solar farm which is currently under development in Falls County, Texas, the former's first in the state. The solar farm is set to launch in e...

March 23, 2023

Meta

Meta Will Terminate 10,000 More Workers

After letting go of around 11,000 workers in the latter part of last year, Meta aims to let go of about 10,000 individuals. As part of CEO Mark Zuckerberg's 'Year of Efficiency' appeal to investors to improve a falling share price, the corporation will also eliminate 5,000 unfilled position...

March 15, 2023

Meta

More layoffs in store at Meta

Meta's job cuts continue, with the announcement last week that the giant is driving forward with its so-called "year of efficiency." CEO Mark Zuckerberg first announced massive cuts back in November; now, thousands more are set to be laid off. According to experts, while the first cuts were a...

March 13, 2023

Meta

DigitalBridge Selling Vantage Data Centers Minority Interest

Inquiries are being made by DigitalBridge Group about selling a small portion of Vantage Data Centers. The CEO of DigitalBridge, Marc Ganzi, stated on the company's most recent quarterly results call that it wanted to raise more money while also focusing on the deconsolidation more of its "...

March 09, 2023

Vantage Data Centers

Meta Sells Mesa Property to EdgeCore Data Centers

Meta has sold a property in Mesa, Arizona, to the developer of data centers, EdgeCore Internet Real Estate, for $1.2 million. The lot, situated at 3856 S. Everton Terrace and comprising approximately 15 acres of land, has been acquired by EdgeCore as part of its substantial investment in th...

February 24, 2023

Meta

Data Center Company US Signal Has Been Bought by Igneo Infrastructure Partners

Data center and network services company US Signal has been fully acquired by investment firm Igneo Infrastructure Partners. The investment, which was initially disclosed in September 2022, is Igneo's first in the US telecommunications and digital infrastructure industry. In light of the trans...

February 23, 2023

US Signal

DataBank Secures $715m For Data Center Development

DataBank is collecting $715 million on the market for asset-backed securities (ABS) to develop its data center infrastructure. Kroll Bond Rating Agency has disclosed in a pre-sale report information on the financing. The deal's issuer and co-issuer are represented by DataBank Issuer, LLC and D...

February 23, 2023

DataBank

Google's Arm Data Center CPUs Reach Milestone Before Predicted 2025 Cloud Deployment

Following the successful introduction of Arm server processors by Amazon Web Service, Google Cloud is preparing two Arm CPUs for its cloud service. Before launching the cloud service in 2025, the firm made a significant stride and will put them into trial operation this year. The cloud servers...

February 15, 2023

Google

Uber Chooses Oracle and Google for 7-year Cloud Agreements, Shutting its Data Centers

Uber Technologies wants to close its data center facilities after signing two significant cloud contracts. In two seven-year contracts, it will migrate over 95% of its IT to Google Cloud and Oracle from its own data centers. After 11 months of analysis, the taxi and delivery startup opted to u...

February 14, 2023

Google

Elon Musk Halts Data Center Consolidation, Google Cloud Makes Cutbacks

Late on Wednesday, there was a Twitter outage that prevented users from Tweeting, following accounts, or sending direct messages. A notification stating that the "daily limit of tweets has been reached" was displayed to certain users. Elon Musk, the CEO and new owner, advised workers in an ema...

February 09, 2023

Google

Meta Plans To Save $4bn On Data Centers And Create New AI Facilities Faster and Cheaper

In a cost-cutting effort, Meta claims to have rebuilt its data centers to be less expensive and quicker to build. Meta canceled or paused data centers worldwide and redesigned them for additional artificial intelligence demands late last year. Facebook's Danish data center development and Texa...

February 08, 2023

Meta

Application Submitted by Vantage For a 134-acre Data Center Facility in Ashburn, Virginia

Vantage Data Centers has filed for a Loudoun County campus near Ashburn. Vantage applied for federal and state approvals for its VA3 data center facility with the US Army Corps of Engineers district commander. Vantage plans to build a "large-scale data center complex" on 134 acres west of B...

February 07, 2023

Vantage Data Centers

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