Finance

Compass Datacenters
A row of backup generators at the Compass Datacenters' facility in Goodyear, Arizona.

Compass Datacenters to be Acquired by Brookfield, Ontario Teachers

June 20, 2023
Brookfield Infrastructure Partners will team with the Ontario Teachers’ Pension Plan to acquire Compass Datacenters, a developer and operator of data center campuses for enterprise...

Runawayphill/Shutterstock.com
Source: Runawayphill/Shutterstock.com

How A Cross-Company Initiative Is Telling the Story of a New, Collaborative Future for Data Centers

Nov. 29, 2024
A group of the industry’s top talent have been working as a special task force to address a pivotal issue facing the data center sphere at large. With their upcoming publishing...
Cyxtera
A Cyxtera data center in the Dallas market.

Colocation Provider Cyxtera Files for Chapter 11 Bankruptcy

June 5, 2023
Cyxtera Technologies has filed for Chapter 11. The colocation provider had been working for months to find a buyer or reduce its debt load, but will now restructure through a ...
Rich Miller
Amazon Web Services data centers under construction in Northern Virginia.

Make Way for Data Centers: Demolitions Highlight New Real Estate Calculus

May 24, 2023
The growth of the Internet economy is making data centers the most valuable development option in technology corridors, as seen in Amazon's plan to demolish nine office buildings...
ServerFarm
Inside a ServerFarm data center in the Chicago market.

Manulife Buys Controlling Interest in Data Center Operator Serverfarm

May 22, 2023
Global financial firms continue to acquire data center platforms, bringing more capital into the digital infrastructure sector. Manulife Investment Management has agreed to buy...
Cyxtera
A Cyxtera data center in the Dallas-Forth Worth market.

Cyxtera Gets $50 Million Funding, More Time to Seek a Buyer

May 5, 2023
Lenders for Cyxtera Technologies will provide the colocation provider with $50 million in new funding, allowing the company more time to arrange a sale or line up new capital....
Cyxtera
A Cyxtera Technologies data center int eh Dallas/Fort Worth market.

As Stock Price Slumps, Cyxtera Reportedly Mulling Capital Raise or Sale

April 21, 2023
Data center provider Cyxtera Technologies is reportedly considering strategic options as it seeks to reduce its debt load, including fielding interest from suitors.
Rich Miller
Jon Mauck, Senior Managing Director at DigitalBridge Investment Management (right), discusses the current economic client with DatacenterDynamics CEO George Rockett at the recent DCD Connect New York event.

Bankers: Higher Rates May Alter Timing and Terms, But Data Center Investment Will Continue

April 5, 2023
Higher interest rates and financial turbulence may affect the timing and terms of capital flows, but are unlikely to reduce the growth of the data center sector, according to ...
EdgeCore Digital Infrastructure
The first EdgeCore Digital Infrastructure data center in Mesa, Arizona.

EdgeCore Digital Infrastructure Shifts into Building Mode Across the U.S.

Feb. 27, 2023
EdgeCore Digital Infrastructure is shifting into construction mode across its network. Four months after being acquired by Partners Group, EdgeCore says it is positioned to make...