STACK Infrastructure has lined up $325 million in low-cost debt to fund new construction, including a 32-megawatt data center in San Jose that has been fully pre-leased.
With New Backers, EdgeConneX Ready to Be a Builder and Buyer
With its acquisition by EQT, EdgeConneX will have more resources to deliver capacity quickly, and in new places. It will also look to expand through acquisitions, says CEO Randy Brouckman.
Report: Macquarie Seeking Stake in Netrality Data Centers
Bloomberg reports that infrastructure fund Macquarie is seeking a deal to buy a stake in Netrality Data Centers, which operates carrier hotels in major cities.
CyrusOne Shares Jump Amid Takeover Rumors
Shares of data center developer CyrusOne jumped Friday following media reports that the company has received takeover interest from private investors.
Global Investors See ‘Compelling’ Opportunity in Data Infrastructure
Some of the world’s largest investors are raising billions of dollars to invest in digital infrastructure, citing extraordinary demand for capital to fuel the shift to a data economy.
New Investors Boost Construction, Competition in Data Center Sector
Infrastructure funds and sovereign wealth funds are becoming more active in the data center sector, creating new companies and investing in data center construction.
Data Center Frontier is edited by Rich Miller, the data center industry’s most experienced journalist. For more than 15 years, Rich has profiled the key role played by data centers in the Internet revolution.