Data Center Investment News — 09/02/2024
Azora-Cora Capital Launch $540M Iberian Data Centre Platform
Azora and Cora Capital join forces to launch a new $540 million data centre platform focused on the Iberian Peninsula.
Santiago Olivares, partner in charge of energy, infrastructure, and sustainability investments at Azora, expressed said the venture is as part of their strategy to invest in sustainable infrastructure.
“The digitalisation of the economy offers very attractive investment opportunities in the data centres sector, especially those aimed at companies that offer streaming content, gaming, augmented reality, internet of things and other technologies such as artificial intelligence that will experience strong growth as the speed at which society and business consume data accelerates,” he said.
This strategic partnership aims to capitalize on the growing demand for data infrastructure in the region, catering to the evolving needs of businesses and consumers.
Berks Group’s 1623 Farnam Adds New CEO to Drive Data Centre Expansion
Berks Group’s 1623 Farnam appoints a new CEO to spearhead its data centre expansion efforts.
Commenting on his new role, Severn said: “I have had the pleasure of working within and supporting the 1623 Farnam ecosystem for more than five years now, and I am proud to take on this new title as we grow and support our customers’ innovation.”
Brian Bradley, President at BERKS Group, added: “This appointment is a natural fit based on Bill’s deep expertise and proven leadership both in the industry and at 1623 Farnam.
“His work positioning the company as the premier Midwest data centre and driving critical growth at the Omaha IX have not only put the organization on the path to success, but continue to bring increasing levels of value to customers in the growing 1623 Farnam ecosystem.”
With the increasing demand for digital services, the company aims to accelerate its growth and meet the evolving needs of its clients by enhancing its data centre portfolio.
AREP, Harrison Street Data Centre JV to Build Hyperscale Campus in Reno
AREP and Harrison Street partner to develop a hyperscale data centre campus in Reno, Nevada.
Doug Fleit, co-founder and CEO of AREP and PowerHouse, said: “As the growth of AI throughout all industries continues to push hyperscale demand roll out, sites like PowerHouse Reno will serve the market with near term power delivery at attractive costs with reliable renewable energy components.
“This is another important addition to our portfolio of data centres and we are extremely pleased to be continuing our relationship with Harrison Street as our partner in this venture.”
This collaboration underscores the growing importance of Reno as a strategic location for data infrastructure, aiming to meet the increasing demand for hyperscale services in the region.
Goodman to Redevelop Sydney TV Studio Site into 80MW Data Centre
Goodman Group announces plans to redevelop a former Sydney TV studio site into an 80MW data centre.
“We purchased the site because of its scale, and its location in a tightly held market,” Jason Little, CEO Australia at Goodman Group, said after the sale. “This is aligned to our strategy of owning assets in markets where barriers to entry are high, supply is limited, and demand is strong.”
Goodman aims to demolish the existing buildings to make way for the new data centre.
This redevelopment project signifies the transformation of existing infrastructure to meet the rising demand for data storage and processing capabilities in Sydney.
GI Plans 72MW Data Centre in Santa Clara, California
GI reveals plans to develop a 72MW data centre in Santa Clara, California, highlighting the company’s commitment to expanding its data infrastructure footprint.
According to filings with the California Energy Commission, the company aims to develop the Bowers Data Center (BDC) and Bowers Backup Generating Facility (BBGF).
Set on just over five acres, the data center would be a four-story building and substation, while the generating facility would consist of 32 2MW generators offering up to 72MW of capacity to provide backup power in the event of a grid outage.
The project aims to address the growing demand for data services in the Silicon Valley region.
Switch to Expand Austin Data Centre Campus in Texas
Switch announces expansion plans for its Austin data centre campus in Texas, reflecting the company’s dedication to meeting the increasing demand for data services in the region.
The company reportedly intends to build a 300,000-square-foot (27,870 sqm) data centre alongside a new Austin Energy substation, according to site plans filed with the city. Switch declined to comment to BJ.
Switch took over the campus as part of its $420 million acquisition of Data Foundry in 2021. The company also took over another data centre in Austin and a facility in Houston.
The expansion project underscores Switch’s commitment to providing state-of-the-art data infrastructure solutions.
Atlasedge’s Datacentre One Opens Hamburg Facility
Atlasedge inaugurates its Datacentre One facility in Hamburg, Germany, marking a significant addition to the city’s data infrastructure landscape.
“We are witnessing incredible demand in northern Germany for highly available, certified, and future-proof data centre space,” said Wolfgang Kaufmann, CEO, Datacentre One. “This new facility not only enables us to expand our offering for our customers in northern Germany by including dual-site products, but also takes our total number of sites in the country to seven. With AtlasEdge’s support, we expect to grow this presence further, and we have other new sites currently under development, with the next one to be built in Stuttgart.”
The new facility aims to meet the growing demand for data services in the region, providing cutting-edge solutions to businesses and enterprises.
Bitera: Jakarta’s Most Secure Data Center Is Ready to Operate
Bitera, Jakarta’s leading data center provider, announces the readiness of its most secure data center facility.
Director of APAC Data Center Services at CAI Guillaume Berthet remarked, “We are proud to be chosen by Bitera as the commissioning agent for their flagship data center. We are pleased to announce that all 5 levels of commissioning at Bitera have been successfully completed, not only meeting the requirements but also exceeding stringent test parameters, ensuring optimal performance and reliability. This achievement demonstrates Bitera’s commitment to delivering a world-class Data Center facility.”
With state-of-the-art security measures in place, Bitera aims to provide unparalleled protection for its clients’ critical data, ensuring reliability and peace of mind for businesses in Jakarta.