Data Center Investment News — 03/11/2023
Digital Realty Rebrands and Expands with Medallion Data Centre in Nigeria
Digital Realty has rebranded and expanded its presence in Nigeria with the Medallion data centre. This expansion emphasizes Nigeria’s growing importance in the African data centre market.
Located within Medallion’s Victoria Island campus, LOS2 is interconnected with the existing LOS1 data centre, serving as a significant peering point in the West African sub-region.
This location is ideal for various connectivity providers, including subsea cable, metro fibre, mobile services, over-the-top providers, and Nigeria’s Internet Exchange Point (IXPN), facilitating efficient connections in a low-latency environment.
Digital Realty’s initiative aims to enhance the country’s digital infrastructure, providing businesses with advanced data solutions and supporting Nigeria’s digital transformation efforts.
Gaw Capital & A3 Capital JV Break Ground on Hyperscale Data Centre in the Silicon Valley of Malaysia
Gaw Capital and A3 Capital have broken ground on a hyperscale data centre in the Silicon Valley of Malaysia. This project highlights Malaysia’s emergence as a technology hub in Southeast Asia.
Zahri Mirza, Chief Executive Officer (CEO) for Infinaxis, led the groundbreaking ceremony for the new data centre project in Cyberjaya.
He said, “We are on a mission to serve customers’ growing demand and support Southeast Asia’s prowess in data and digitalisation. The region has one of the largest economies in the world – so naturally the need for digital infrastructure in the coming decades will be essential to its growth. We are beginning our journey here today in Cyberjaya with the first steps towards our inaugural data centre. This marks the beginning of our journey to spearhead innovation, sustainability, and expansion in the region to cater to the demands of customers. This world-class facility will surely be vital in Malaysia’s own digital economy goals.”
The joint venture aims to provide cutting-edge data services, attracting international businesses and fostering innovation in the region.
Stonepeak-Backed Cirion to Build Out São Paulo Data Centre Campus Amidst AI Boom
Stonepeak-backed Cirion is set to build a data centre campus in São Paulo, Brazil, amidst the country’s AI boom. This development highlights Brazil’s growing significance in the global technology landscape.
Facundo Castro, CEO of Cirion Technologies, said: “The São Paulo data centre expansion represents another step in our journey to grow the platform of low-latency, interconnected data centres and establish a thriving digital ecosystem in Latin America. This new facility in the São Paulo data centre complex reflects Cirion’s ongoing commitment to investing in and providing our customers with the most complete suite of data centre solutions to support their digital transformation throughout the region.”
Cirion’s data centre campus will support AI initiatives, providing businesses with advanced computational power and fostering technological innovation in Brazil.
Azrieli’s Green Mountain Breaks Ground on First Non-Nordic Data Centre
Azrieli Group’s Green Mountain subsidiary has broken ground on its first non-Nordic data centre, expanding its global footprint.
CEO of KMW, Oliver Malerius, said: “This data centre, founded on a groundbreaking partnership with Green Mountain, is a symbol of technical excellence and sustainability. It shows how innovation and environmental protection can go hand in hand, and it fills us with pride, to help shape a green digital future.”
CEO of Green Mountain, Svein Atle Hagaseth, added: “This is truly a proud day in our company’s history. I am confident that this project will set a new green standard when it comes to data centres in Germany.”
This project signifies Green Mountain’s international expansion strategy. The new data centre will offer state-of-the-art infrastructure, catering to the digital needs of businesses and organizations outside the Nordic region.
DigitalBridge, MEAG, and Infranity Close $2.7Bn Investment in Vantage Data Centres
DigitalBridge, MEAG, and Infranity have closed a substantial $2.7 billion investment in Vantage Data Centres.
Chief executive Choksi said: “This Investment Partnership provides Vantage with multiple partners with deep expertise in digital infrastructure.
“This transaction provides Vantage with additional capital to continue our expansion in new and existing markets across EMEA, capitalizing on the extraordinary growth opportunities, driving innovation and delivering state-of-the-art sustainable data centres for our customers.”
This investment underscores Vantage’s position as a key player in the global data centre industry. The funding will support Vantage’s growth initiatives, enhance its data services, and contribute to the company’s expansion in various regions.
AREP Data Centre Unit Names Gigawatt-Experienced Development VP
AREP’s data centre unit has appointed a Vice President with extensive experience in gigawatt-scale projects.
Douglas Fleit, Co-Founder and Chief Executive Officer of PowerHouse Data Centres said: “PowerHouse has established a team of innovative and highly strategic practitioners, to which we credit our fast rise in the industry and recent major successes. Adding Karen’s expertise and dynamism further expands the strong leadership capabilities that give us our competitive edge.”
This strategic appointment highlights AREP’s focus on large-scale data centre developments. The new VP will play a crucial role in driving AREP’s gigawatt-level initiatives, ensuring the company’s leadership in the high-capacity data centre market.
Cologix Completes 15MW Data Centre in Toronto, Canada
Cologix has completed a substantial 15MW data centre project in Toronto, Canada. This project underscores Toronto’s status as a major data centre hub in North America.
“Strong demand from major global cloud providers and prominent digital enterprises continues to drive us to actively enhance our Scalelogix portfolio throughout North America,” said Cologix’s chief revenue officer, Chris Heinrich. “TOR4 embodies our vision of providing cutting-edge hyperscale data centre solutions that empower businesses to thrive with rapid connectivity, ultra-low latency, robust security, and essential network access, which are vital to helping our customers grow their businesses at the digital edge.”
Cologix’s new facility will provide businesses with high-capacity and reliable data solutions, supporting their digital operations and fostering technological innovation in the region.
Green Breaks Ground on Two Data Centres in Zurich
Green has broken ground on two data centres in Zurich, Switzerland, emphasizing the city’s significance in the European data centre market.
“Our growth reflects the rapid technology and digitalization push,” said Roger Süess, CEO of Green. “Modern data centres are needed to ensure that this transformation can be realized in Switzerland quickly, securely, and sustainably.
These projects underscore Zurich’s appeal for data centre investments. Green’s facilities will enhance the city’s digital infrastructure, offering businesses secure and scalable data services, and fostering innovation and economic growth.
LG U+ Completes Second Hyperscale Data Centre in South Korea
LG U+ has completed its second hyperscale data centre in South Korea, highlighting the country’s rapid growth in the data centre industry.
LG U+ CEO Hwang Hyun-sik said: “The demand for Internet data centres (IDCs) is increasing due to the digital transformation movement and the use of ultra-large AI. We will lead the eco-friendly trend through research and development to save energy while building high-quality IDCs.”
This expansion demonstrates South Korea’s appeal for large-scale digital investments. LG U+’s new facility will support the nation’s digital initiatives, providing businesses with high-performance data solutions and fostering technological progress.
Switch Granted Planning Permission for Data Centre in Round Rock, Texas
Switch has been granted planning permission for a data centre in Round Rock, Texas, USA.
Round Rock Council’s announcement said the latest rezoning transitions the property from the C-1 (General Commercial) zoning district to a PUD (Planned Unit Development) zoning district. Staff had recommended approval.
This approval underscores Texas’s attractiveness for data centre investments. Switch’s new facility will offer advanced data services, supporting businesses and organizations in the region and contributing to Texas’s digital economy.
Google Files Project Plan for Data Centre in Kansas City, Missouri
Google has filed a project plan for a data centre in Kansas City, Missouri, USA, indicating the city’s appeal to major tech players. Google’s initiative will enhance the city’s digital landscape, providing businesses with cutting-edge data solutions, fostering innovation, and contributing to Kansas City’s economic growth.
Meta is also developing a campus nearby in Golden Plains Park. The company is committing more than $800m to the data centre.
Google is also looking to develop data centre campuses in Texas and Nebraska, and has started works on another in Mesa, Arizona.
Microsoft to Develop 350-Acre Data Centre Campus in Rome, Georgia
Microsoft has announced plans to develop a 350-acre data centre campus in Rome, Georgia, USA, emphasizing the state’s importance in the data centre industry.
“Rome and Floyd County’s industrial zoning and strong infrastructure led to our decision to locate our data centre campus there. Today’s announcement is just the start of our mutual collaboration and Microsoft’s long term-term commitment to the local community,” added Microsoft’s director of community engagement, Paul Englis.
Microsoft’s project will bolster Georgia’s digital infrastructure, providing businesses with high-quality data services, supporting their operations, and fostering technological innovation.
DataBank Acquires 100 Acres in Atlanta, Georgia for 120MW Data Centre Campus
DataBank has acquired 100 acres of land in Atlanta, Georgia, USA, for a massive 120MW data centre campus. This acquisition highlights Atlanta’s growing appeal for large-scale data centre developments.
“Atlanta is one of the most sought-after markets for data centre capacity across all segments of our customer base – enterprises, technology, and hyperscale public cloud providers,” said Raul K. Martynek, DataBank’s CEO. “And now with new AI applications coming online, we’re seeing an entirely new driver of demand that promises to make this an even more attractive market in the years ahead.”
DataBank’s campus will support businesses with high-capacity data solutions, fostering digital innovation and contributing to Georgia’s digital economy.
DC BLOX Acquires 55 Acres Outside Atlanta, Georgia, Breaks Ground on New Campus
DC BLOX has acquired 55 acres of land outside Atlanta, Georgia, USA, and has broken ground on a new data centre campus. This expansion displays Atlanta’s prominence in the southeastern data centre market.
“We are thrilled to bring our vision to life to serve hyperscale needs for powerful, reliable digital infrastructure in Douglasville, Georgia,” says Mark Masi, EVP of data centre development at DC Blox. “We pride ourselves on providing tailored and flexible design configurations, ensuring that our tenants can customize their space to meet the most advanced AI/ML applications as well as any specific requirements they may have.”
DC BLOX’s initiative will provide businesses with reliable and scalable data services, supporting their digital initiatives and ensuring seamless connectivity.
DataBank to Expand MSP3 Data Centre in Minneapolis, Minnesota
DataBank has announced plans to expand its MSP3 data centre in Minneapolis, Minnesota, USA, underscoring the city’s role as a digital hub in the Midwest.
“MSP3 is expanding to meet the growing demand in the Minneapolis area for high-density racks that can deliver the necessary power and cooling for high-performance computing,” said DataBank VP of construction, Tony Qorri. “We are in a prime position to support the region’s strong scientific research, healthcare, and financial sectors in helping them analyse data to uncover new insights that can lead to innovative services for their customers.”
DataBank’s expansion project will offer enhanced services, catering to the growing digital needs of businesses and organizations in the region, fostering innovation and technological progress.
STT GDC and Basis Bay Form JV for Data Centres in Malaysia
STT GDC and Basis Bay have formed a joint venture to develop data centres in Malaysia. This collaboration highlights Malaysia’s appeal for international data centre investments.
“This partnership is strategically positioned to meet the volume and scale requirements of hyperscalers while simultaneously delivering the premium, super-high availability needs of financial institutions and the like,” said Dato’ Praba Thiagarajah, executive chairman of Basis Bay. “This partnership will also emphasize the much-needed local participation and control, thus addressing data sovereignty concerns. Basis Bay provides premium cloud services and will continue to be a service provider of data centre services tailored for financial institutions.”
The joint venture aims to provide high-quality data services, attracting businesses and enterprises to the country and contributing significantly to Malaysia’s digital economy.
Equinix Opens Third Data Centre in Dubai
Equinix has opened its third data centre in Dubai, United Arab Emirates, strengthening the city’s position as a digital hub in the Middle East.
“Technology industry leaders both in the Middle East and worldwide are accelerating the integration of AI within their organizations. It is progressively evolving into a vital capability for empowering intelligent and autonomous systems that drive modern businesses. Those who do not fully harness its potential risk falling behind, so Equinix is here to support their ambitions with the opening of our new DX3 IBX® Data centre,” said Kamel Al-Tawil, Managing Director, Equinix MENA.
Equinix’s new facility will offer secure and high-performance data services, supporting businesses, financial institutions, and technology-driven initiatives in the region, fostering digital innovation and economic growth.