Last January we identified eight themes that we believed would shape the data center business in 2019. How did we do? Let’s take a look and see how we did, ranking whether each prediction was a Hit, Miss or Too Early.
Vertiv plans to become a public company with a streamlined balance sheet and ambitions to become an even larger player in data centers and edge computing. Here’s a closer look at Vertiv’s roadmap for future growth.
Aligned Energy has lined up a $495 million secured credit facility, from investors led by Goldman Sachs, which will fund data center expansions in Dallas, Phoenix and Salt Lake City.
Vantage Data Centers has lined up $692 million in funding, and will use the money to refinance its existing debt and build additional capacity.
Equinix is now officially an investment grade company, joining Digital Realty as the only public data center providers to earn the coveted credit rating, which means lower rates on borrowing and access to a wider pool of capital to fund growth.
The data center industry’s winning track record on Wall Street will make it easier to finance future projects to drive the massive growth of cloud computing.
Data center service provider IO has raised $445 million in debt capital from Deutsche Bank, and $60 million in additional growth capital from an affiliate of Macquarie Capital. The funding will help the company restructure debt,