Without transparency between all parties, the data center construction process is not functioning at max efficiency, leading to site construction delays, and missed opportunities for the Cloud Providers. Robert Moffit, Executive Vice President of BluePrint Supply Chain, explores the importance of transparency in supply chain management.
EdgeConneX Lines up $1.7 Billion in Sustainable Loans to Fund Growth
EdgeConneX has lined up $1.7 billion in sustainability-linked loans, which the company says will “dramatically improve” its credit profile, burnish its focus on environmental stewardship, and provide capital to continue the global expansion of its data center footprint.
RECs, PPAs, and Other Paths to Renewable Energy
Renewable Energy Certificates (RECs), Power Purchase Agreements (PPAs) and green business energy tariffs are key tools in a data center sustainability strategy. Here’s a closer look at how they work.
The Top 10 Data Center Stories for May 2022
The M&A deals keep coming in the data center industry, and readers of Data Center Frontier are paying close attention. Here are the 10 most popular stories on Data Center Frontier in May 2022, in order of article views.
Novva Data Centers Plans National Expansion Backed by $355M Funding
Novva Data Centers is going national. The Utah-based developer plans to expand across the United States and deploy up to 1 gigawatt (1,000 megawatts) of data center capacity in strategic markets by 2027.
GI Partners Acquires Data Center in Northern Virginia
GI Partners, a private equity firm with deep experience in the digital infrastructure sector, has acquired a data center in Sterling, Virginia that is leased by a large technology firm, the company said today.
Aligned Expands Green Loan by $1.4 Billion to Accelerate Growth
Aligned Data Centers has increased its sustainability-linked loan from $375 million to $1.75 billion . The additional $1.4 billion in funding provides Aligned with more resources to build data centers for its customers, many of whom are working to reduce their climate impact.
The Largest Data Center Deals of All Time
The list of the largest data center deals of all time has been remade with a flurry of M&A, including the acquisition of Switch by DigitalBridge and IFM. Here’s a look at the billion-dollar deals and the trends behind them.
DigitalBridge to Buy Switch for $11 Billion as Data Center M&A Binge Continues
Data center developer Switch will be acquired by DigitalBridge and infrastructure investors IFM and taken private in an all cash deal valued at about $11 billion. The deal continues a trend in which public data center REITs have been bought by large investors and taken private.
Cologix Recapitalization Powers Scalelogix Hyperscale Strategy
Cologix provides an example of how investment and M&A can alter the trajectory of a data center provider’s journey. A $3 billion recapitalization has set the stage for Scalelogix, an initiative to deploy 200 megawatts of capacity in key hyperscale markets,