Data Center News

EdgeConneX secures $3.3 Billion in sustainability-linked financing

EdgeConneX has announced that it has successfully executed $3.3 billion in “innovative” sustainability-linked financing, which it said will enable the development of critical digital infrastructure to support customers' global data center requirements. For this, JGlobal awarded the company wi...

March 29, 2023

EdgeConneX

Landowners sue City of Chicago over blocked sale for Equinix expansion

Landowners in Chicago are suing the city over the blocked sale of their property to Equinix, a data center company. The landowners allege that the city's actions were unconstitutional and violated their property rights. Equinix had planned to build a data center on the site at 2545 South Marti...

March 27, 2023

Equinix

Microsoft to expand in Washington

Microsoft has revealed plans to build three data centers in Malaga, Washington, on Malaga Alcoa Highway in Chelan County. The Port Authority outlined in the fillings that it assumes the development will involve the construction of three buildings on the site by the end of 2025; further, there...

March 24, 2023

Microsoft Azure

Microsoft agrees to air-cooled data centers in the Goodyear area of Phoenix, Arizona

Microsoft is switching its cooling system for data centers in the Goodyear area of Phoenix, Arizona, following an update of its development agreement. Further to this, it has pledged to invest more than $40 million to expand the city's wastewater capacity. While the giant purchased the site i...

March 23, 2023

Microsoft Azure

Edge Centers launches in St. Louis, Missouri

Edge Centres has announced the launch of a new facility in St. Louis, Missouri, its first in the region. Traditionally, its off-grid facilities are powered by on-site wind and/or solar power, with each having 48-hour batteries, and UPS backup equipment supporting 64 1kW quarter racks. However...

March 22, 2023

Edge Centres

Microsoft announces CO2 removal initiative with Running Tide

Microsoft is teaming up with Running Tide to remove 12,000 tons of carbon dioxide (CO2) from its operations. This will be done through Running Tide's carbon capture and removal technology, which utilizes photosynthesis and ocean alkalinity enhancement to fix carbon from the fast carbon cycle,...

March 21, 2023

Microsoft Azure

Equinix announces new sustainability initiative to share waste heat in Paris

Equinix, in another move in alignment with its sustainability goals, has announced the opening of a rooftop urban farm at its PA10 data center in Paris, France. Promoting circular economy principles, the company will use its servers' waste heat to heat the greenhouse, which was built by Reid ...

March 17, 2023

Equinix

Stack offers backup generator power to Swiss confederation's Winter Reserve

Stack Infrastructure has signed up for the Swiss Winter Reserve Plan, through which it will provide its supplemental power capacity to the Swiss energy reserve, in line with the Federal Council's ordinance. The ordinance includes measures to prevent winter power shortages and will run until A...

March 17, 2023

STACK INFRASTRUCTURE

Stack Raises $250m From securitized Notes

The data center company Stack has completed its most recent structured debt fundraising round. The company revealed the sale of $250 million in securitized notes last week. The price of the notes is a 5.900 percent fixed rate coupon. The firm said it has now raised $2.1 billion in notes thr...

March 17, 2023

STACK INFRASTRUCTURE

Another sustainability-linked loan secured by AirTrunk

AirTrunk has announced that it has secured a new AU$ 650 million (US$432.5m) Sustainability Linked Loan (SLL) in Japan. This latest addition, it has outlined, means that all debt platforms are now linked to sustainability targets; a total of AU$ 5 billion (US$3.3bn) in Environmental, Social, ...

March 15, 2023

AirTrunk

Microsoft to expand its footprint in San Antonio

Microsoft has announced its plans to invest $175.9 million in a massive new data center in San Antonio. Named “SAT40,” the facility was recently filed with the Texas Department of Licensing and Regulation.According to the filing, the facility will be based at Lambda Drive in the Texas Researc...

March 09, 2023

Microsoft Azure

Stack Infrastructure Will Raise $250 Million to Expand Its Data Center

Stack Infrastructure plans to seek $250 million for data center expansion. The Stack Infrastructure Issuer will provide the funding, 2023-1, through the securitization of income connected to lease obligations and electrical capacity at 8 wholesale data centers in seven U.S. states. S&P Glo...

March 08, 2023

STACK INFRASTRUCTURE

Keppel DC REIT Receives Credit Facilities Totaling $73 million

The DC REIT group of Keppel has received a new credit facility of over $70 million, guaranteed by the financial services firm Perpetual. Keppel DC REIT Fin. Company Pte. Ltd., a wholly-owned subsidiary of Keppel DC REIT, has procured the Loan Facility guaranteed by Perpetual Ltd (Asia) in its ...

March 07, 2023

Keppel Data Center REIT

Equinix signs solar PPAs in Spain

Equinix has inked five new long-term PPAs in Spain from solar farms, totalling 225MW, which will be managed by IGNIS. This reportedly brings the company's contracted PPA capacity to 595 MW globally. While specific details regarding the location of the farms have not yet been shared, the compa...

February 28, 2023

Equinix

Hackers target data center passwords

Last week hackers gained access to two Asia-based data center firms, Shanghai-based GDS Holdings and Singapore-based ST Telemedia Global Data Centres. This revelation, first published by Bloomberg, comes after endpoint security firm Resecurity found evidence they had been compromised. Cyber se...

February 27, 2023

ST Telemedia Global Data Centres (STT GDC)

Princeton Digital to expand Asian data center footprint

Singapore-based Princeton Digital has announced plans to develop more data centers in Asia, in a bid to support operations in its global headquarters. To do this, the company is injecting an investment of $1 billion. With this, the company is expanding into Batam with a 96-megawatt facility, o...

February 27, 2023

Princeton Digital Group

Microsoft International Data enter Battery-sharing

Microsoft wants to duplicate a Dublin data center battery-sharing agreement. In 2022, Eaton unveiled a lithium-ion battery energy storage system (BESS) with grid-interactive UPS to exchange energy with the local grid. The corporation told a London conference that this technique was ideal for t...

February 26, 2023

Microsoft Azure

Airtrunk data center development at Tokyo data center

AirTrunk has announced that it has broken ground on the second phase of its TOK2 data center located in Tokyo, Japan. This follows the groundbreaking of the first phase only three months ago. The company has outlined that the new phase is scalable to approximately 50MW of capacity and custom-...

February 22, 2023

Tokyo

Equinix Intends to Build an Additional Data Center in Barcelona

Currently, Equinix is planning to construct a second data center in Barcelona, Spain. Last week, the colocation giant revealed its intentions to build BA2, an International Business Exchange (IBX) facility right next to its current BA1 location. We were not given any information on the proj...

February 16, 2023

Equinix

Edge Centres plans 1MW facilities in Missouri and Oregon

Edge Centres is developing data centers in St. Louis, Missouri, and Portland, Oregon, it has announced. The facilities will be powered by renewable energy, with just under 1 MW of solar infrastructure, a 48-hour battery, and UPS backup equipment, supporting 64 1kW quarter racks.In a statement...

February 12, 2023

Edge Centres

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