menu

Category: Development

 

Airtrunk Raises $350 Million USD for 60MW Data Center in Singapore

Apr 11, 2019  |  Capital Markets  |  Data Centers  |  Development  |  News

SINGAPORE — AirTrunk has completed a SGD $450 million ($352 Million USD) round of financing to begin expansion across the Asia Pacific with the development of a 60+ megawatt hyperscale data center in Singapore. The debt financing was undertaken with three global financial institutions, Deutsche Bank, Goldman Sachs and Natixis, with additional equity capital from … Continue reading “Airtrunk Raises $350 Million USD for 60MW Data Center in Singapore”

 

CoreSite Commences Construction at New Downtown Chicago Data Center

Apr 11, 2019  |  Data Centers  |  Development

CHICAGO, IL — CoreSite Realty Corporation has begun construction on Phase I of its new colocation data center in downtown Chicago. The facility will be known as “CH2.” The CH2 data center is designed to leverage an interconnected campus environment with plans to deliver: Connection via redundant high-count dark fiber to CoreSite’s CH1 data center, … Continue reading “CoreSite Commences Construction at New Downtown Chicago Data Center”

 

Indonesia May Become Fertile Ground for Data Center Developers

Apr 10, 2019  |  Data Centers  |  Development  |  News

JAKARTA, INDONESIA — The Jakarta Post is reporting that the Indonesian government is considering regulation on data management that would make the country much more amenable to foreign data center developers — it would replace the existing Government Regulation No. 82/2012 on the management of electronic transactions and systems. However, both policymakers and members of the … Continue reading “Indonesia May Become Fertile Ground for Data Center Developers”

 

Google to Build Data Centers in Korea, Utah

Apr 10, 2019  |  Data Centers  |  Development  |  News

SAN FRANCISCO, CA — At Google Cloud Next today, the Alphabet-owned company unveiled plans to bring a pair of brand new data centers online by 2020. One will be constructed in Seoul, South Korea while the other data center will reside in Salt Lake City, Utah. “We’re going to be announcing the availability in early … Continue reading “Google to Build Data Centers in Korea, Utah”

 

QuadReal Property Mulling $1 Billion USD Investment in T5 Data Centers

Apr 10, 2019  |  Capital Markets  |  Data Centers  |  Development  |  News

VANCOUVER, BC — Bloomberg is reporting that QuadReal Property is in advanced talks to infuse T5 Data Centers with $1 Billion USD. Not surprisingly, the investment, if it happens, will be meant to buy and build new data centers. Both parties are mum on details and the deal is reportedly not yet a sure thing. … Continue reading “QuadReal Property Mulling $1 Billion USD Investment in T5 Data Centers”

Categories