Data Center News

STACK Infrastructure Completes 56MW Enterprise Toronto Facility Initial Phase

STACK, a leading global developer and operator of data centers and the digital infrastructure partner to the most cutting-edge businesses in the world, announced the completion of the first phase at its flagship campus in Toronto. The first phase of the campus, with a total capacity of 56MW, i...

September 20, 2023

STACK INFRASTRUCTURE

EdgeConneX Gets $403.8Million to Develop its Jakarta Data Centers

EdgeConneX, a provider of Hyperscale Data Center Solutions, revealed a $ 403,8 million contract in Sustainability-Linked Senior Facilities to expedite its growth strategy and green initiatives for its Jakarta, Indonesia, data center footprint. This transaction, according to EdgeConneX, will in...

September 18, 2023

EdgeConneX

EdgeConneX secures $403.8m sustainability-linked financing for Indonesia data center

EdgeConneX has shared that it has secured $403.8 million in sustainability-linked financing (SLF). This loan is for its 120MW data center campus development in Jakarta, Indonesia.The deal leverages EdgeConneX's Sustainability Strategy and will reportedly use offshore US dollar borrowing. It re...

September 14, 2023

EdgeConneX

EdgeConneX to build 200MW Cyberjaya facility in Malaysia

EdgeConneX continues to grow its APAC operations by adding three facilities in Malaysia, located in and around Kuala Lumpur. Business Today and Edge Malaysia report that EdgeConneX signed a sales and purchase contract with Cyberview earlier this month to acquire a 12.14-hectare tract of land i...

September 11, 2023

EdgeConneX

EdgeConneX files to build a 1 million square foot data center facility in Mesa, Arizona

EdgeConneX plans to establish a new data center facility in Phoenix, Arizona, to expand its presence there. According to BizJournal, the company has applied for Mesa's administrative and design reviews to construct a multi-phased campus near Elliot Road and Loop 202. EdgeConneX wants to build ...

September 05, 2023

EdgeConneX

Microsoft creates Petronas HPC AI infrastructure

The digital arm of the Malaysian energy company Petronas, Petronas Digital, has inked a contract with Microsoft to develop a high-performance computing (HPC) artificial intelligence (AI) infrastructure platform. The organization will use the platform to perform AI and machine learning to look ...

August 22, 2023

Microsoft Azure

STACK Infrastructure Constructs Its First Data Center in Australia

A new data center campus has been opened by Stack in Melbourne, Australia. This week, the company announced the conclusion of its MEL01 Asia-Pacific (APAC) data center.The 36MW MEL01A facility, situated on a 3.6-hectare site in Melbourne's Truganina region, is part of a 72MW campus that will u...

August 22, 2023

STACK INFRASTRUCTURE

EdgeConneX contests the Dublin data center denial

EdgeConneX Ireland has appealed to An Bord Pleanála against South Dublin County Council's decision to deny its proposed data center. The company intended to construct two adjacent data centers on its Dublin Campus in Ballmakaily, Lucan, Dublin, on Newcastle Road. Two single-story data centers ...

August 22, 2023

EdgeConneX

STT GDC plans to construct a third facility in Bangkok, Thailand

ST Telemedia Global Data Centres (STT GDC) Thailand is constructing its third data center in Bangkok, Thailand. STT Bangkok 3 will be located in the One Bangkok district and will have 2MW of IT capacity when it opens at the end of 2023, as is currently scheduled. This facility will join the ot...

August 14, 2023

ST Telemedia Global Data Centres (STT GDC)

Equinix will construct a $42 million data center in Mumbai, India

Equinix will invest $42 million in a new data center in Mumbai, India. The MB4 data center is anticipated to be operational by the end of the fourth quarter 2023. The MB4 data center is in the Kalwa Industrial Area, approximately 9 miles from the company's two other IBX data centers in Mumbai....

August 10, 2023

Equinix

Princeton Digital Group (PDG) to power Indonesian data center with biomass

Princeton Digital Group (PDG) will power one of its Indonesian data centers with biomass, following the signing of a renewable energy contract with PT Cikarang Listrindo Tbk (CL). PDG will subsequently power its Cibitung data center with the company's biomass-sourced energy.The facility itsel...

August 09, 2023

Princeton Digital Group

Global Switch seeks buyers for European and Asia Pacific data centers

In an effort to raise $6 billion, Global Switch is contemplating selling its operations in Europe and Asia Pacific separately. According to anonymous sources cited by Bloomberg, the London-based company may offer its Europe and Asia Pacific units to separate purchasers with the expectation tha...

August 07, 2023

Global Switch

Microsoft has submitted plans to construct two data centers in San Jose, California

Microsoft has applied to construct two data centers in San Jose, California. On August 17, the San Jose Council Planning Division will convene to discuss Microsoft's plans for a 65-acre site at 1657 Alviso-Milpitas Road. The company seeks permission to remove 79 trees to construct two single-s...

August 03, 2023

Microsoft Azure

Stack Infrastructure concludes its second $250 million debt financing of 2023

$250 million in securitized notes have been issued as part of Stack Infrastructure's second round of structured debt financing for 2023. The funding round began a month ago with an initial goal of raising $100 million, which has since more than doubled. Since 2019, Stack has raised $2.3 billio...

August 02, 2023

STACK INFRASTRUCTURE

AirTrunk has submitted plans for a 320MW facility in Sydney, Australia

AirTrunk has filed for its Sydney, Australia, SYD3 data center campus. After purchasing the land in 2021, the company has submitted plans to the New South Wales Department of Planning for a 320MW data center spanning 1.3 million square feet across seven stories.The property in question cost $7...

August 01, 2023

AirTrunk

Microsoft increases data center and AI compute capex

This past quarter, Microsoft's capital expenditures increased to $10.7 billion as the company reported spending significantly on data centers, computing, and networking. The company announced that spending would increase each quarter throughout fiscal 2024, already higher than the $7.8bn capit...

July 28, 2023

Microsoft Azure

KPMG will invest $2 billion with Microsoft in AI and cloud services

KPMG plans to invest $2 billion over the next five years in artificial intelligence (AI) and cloud services in partnership with Microsoft. The global expansion of the 'Big Four' accounting firm's relationship with Microsoft is anticipated to generate up to $12 billion in revenue over the next ...

July 28, 2023

Microsoft Azure

Microsoft intends to invest $230 million in an additional data center in San Antonio, Texas

Microsoft intends to construct another data center in the San Antonio, Texas, region. The corporation stated in applications with the Texas Department of Licensing and Regulation, initially reported by the San Antonio Business Journal, that the project would cost $230 million.The company inten...

July 28, 2023

Microsoft Azure

Microsoft pushes forward with data center projects in Brazil

Microsoft has shared its plans for further expansion in Brazil, with a new data center in the Campinas area of São Paulo state, Brazil. Located in Hortolândia, details on the facility obtained by BNAmericas, reveal the giant’s plans for the installation of a data center on greenfield land wit...

July 26, 2023

Microsoft Azure

Stack Infrastructure intends to raise $100 million in secured notes

Stack Infrastructure seeks to raise $100 million by issuing securitized notes. After raising $250 million in March, this will be Stack's second fundraising round this year and sixth overall. It will begin on July 24.The notes have received an A-2 rating from S&P Global. This is presently s...

July 26, 2023

STACK INFRASTRUCTURE

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