Sabey Data Centers has issued $175 million of securitized notes to fund the growth of its data center operations. The company has now lined up nearly $1 billion in growth capital using asset-backed securities with low interest rates.
Iron Mountain Buys Frankfurt Data Center to Speed European Expansion
Iron Mountain will acquire a data center to accelerate its expansion in Frankfurt, one of Europe’s most strategic and competitive markets. It will buy a 10-megawatt facility from a Keppel affiliate for $90 million (EUR 76 million).
The DCF Show: Bill Kleyman on The State of the Data Center in 2021
On the Data Center Frontier Show, Rich Miller and guest Bill Kleyman dig into the hot trends (cloud repatriation, FinOps and, yes, ROBOTS!) as well as the big challenges facing the data center industry. Two guys who love to talk about data centers.
Evoque Acquires Foghorn, Looks to Cloud Consulting and DevOps
Colocation provider Evoque is acquiring cloud engineering firm Foghorn Consulting, and launching an “application-first” strategy to help guide enterprise customers as they navigate the growing options for IT infrastructure deployment.
The Top 10 Data Center Stories for June 2021
The top data center story for June was an easy call – the $10 billion acquisition of QTS Data Centers. Here are the 10 most popular stories on Data Center Frontier in June 2021.
Drought, Extreme Heat Sharpen Focus on Data Center Water Usage
Extreme heat and drought in the Western US is bringing sharper scrutiny of data center water use, and testing assumptions about climate in some data center destinations. The heightened awareness of water constraints is raising the bar for data center developers.
Cyxtera Leases 9-Megawatt Data Center in Santa Clara
Cyxtera Technologies is expanding its presence in Silicon Valley, leasing a 9 megawatt data center being built by Prime Data Centers. It is also adding capacity in the Greater Chicago market.
Quantum Loophole Plans 2,100 Acre Data Center Campus in Maryland
Quantum Loophole has teamed with TPG Real Estate Partners to develop a 2,100-acre site in Adamstown, Maryland as a gigawatt-scale data center campus. The venture seeks to extend the massive Northern Virginia data center market across the Potomac into Maryland.
10 Gigawatts: Amazon Hits Milestone in Renewable Energy Purchasing
Newly-announced solar and wind projects bring Amazon’s total renewable energy investments to date to 10 gigawatts (GW), and amplifies the huge role of cloud computing platforms in leading a society-wide transition to renewable energy.
Roundtable Recap: Mid-Year Update on Key Data Center Trends
Here’s a mid-year update on key trends for 2021: A recap of our Data Center Executive Roundtable, featuring expert insights from executives at Iron Mountain, Vertiv, Aligned, EdgeConnex, Infrastructure Masons, Nortek Data Center Cooling and Data Aire.
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 20 years, Rich has profiled the key role played by data centers in the Internet revolution.