Data center developers continue to deploy more capacity, as the digital economy races to keep pace with demand for more capacity due to pandemic-driven societal shifts. Here’s a roundup of this week’s development and finance news.
Vantage Data Centers
Founded in 2010, Vantage Data Centers specializes in custom-built data centers with a “near-maniacal focus on efficiency, operational excellence, reliability, testing, and maintenance.” Their data halls with “variable resiliency”, involving less elaborate backup power infrastructure, provides a cost-effective solution for non-mission critical compute loads. With the backing of Digital Bridge, Vantage has continued to grow in the cloud provider market.
Headquarters: Santa Clara, CA
Vantage Data Centers is continuing its global expansion by adding capacity in the two largest U.S. markets, Northern Virginia and Silicon Valley. Both markets are seeing strong customer demand, with developers working steadily to provide inventory to keep pace.
Lee Kestler, Aligned and Amazon Web Services were among those honored as the Northern Virginia Technology Council recognized the industry’s accomplishments at its 2020 Virginia Data Center Awards.
Silicon Valley — one of the largest and most important data center markets in the U.S. — has entered a new phase of acceleration and competition, and is positioned for its strongest growth in years.
Colony Capital is leading an investor group that will invest $1.2 billion in Vantage Data Centers’ data centers, providing Vantage with capital to build more data centers.
Vantage Data Centers is continuing its expansion into European markets with a definitive agreement to acquire Next Generation Data (NGD), a massive data center facility in Cardiff, Wales.
Vantage Data Centers is going global with a $2 billion push into Europe, acquiring service provider Etix Everywhere along with land parcels in five markets.
Colony Capital intends to be an active investor in the data center sector in 2020 and beyond. Its recent $185 million investment in DataBank provides insights to Colony’s strategy to expand aggressively into digital infrastructure.
Are customer office space and sustainable design differentiators in a data center? Vantage Data Centers thinks so, offering spacious, sunlit break rooms, and sustainability features that combine solar and wind power, and EV charging stations.
Within the Silicon Valley market, Santa Clara has emerged as the prime location due to power pricing from the municipal utility, Silicon Valley Power. This post, part of a new Data Center Frontier Special Report, takes a look at the current business environment in Silicon Valley for data centers, including disaster risk, power cost, incentives and more.