Data Center Investment News — 14/06/2024
ADC and ODC Join Forces to Fortify West Africa’s Data Centre Ecosystem
Africa Data Centres (ADC) and Open Data Centres (ODC) have announced a strategic partnership aimed at strengthening the data center ecosystem in West Africa. This collaboration seeks to leverage the strengths of both companies to address the growing demand for digital infrastructure and services in the region. ADC, a leading data center provider in Africa, brings extensive experience in building and operating data centers, while ODC contributes its expertise in open data center design and operations. The partnership will focus on expanding data center capacity, enhancing connectivity, and providing robust digital solutions to businesses and governments in West Africa.
By combining their resources and expertise, ADC and ODC aim to create a resilient and scalable data center infrastructure that can meet the diverse needs of the West African market. This includes the development of new data centers, the expansion of existing facilities, and the enhancement of network connectivity across the region. The partnership is also committed to promoting sustainability and energy efficiency in data center operations, reflecting a growing emphasis on environmentally responsible practices in the industry. Overall, the alliance between ADC and ODC represents a significant step forward in the development of a robust and sustainable digital infrastructure in West Africa, positioning the region to capitalize on the opportunities presented by the digital age.
DigitalBridge and Silver Lake Finalize $9.2bn Equity Investment in Vantage Data Centers
DigitalBridge and Silver Lake have completed a $9.2 billion equity investment in Vantage Data Centers, solidifying their commitment to expanding the company’s global data center footprint. Vantage, known for its high-quality, scalable data center solutions, will use the investment to accelerate growth and enhance its capabilities in key markets worldwide.
Vantage’s data centers are designed to provide high performance, reliability, and energy efficiency, making them attractive to a wide range of enterprises and technology companies. The investment will also support Vantage’s efforts to innovate and integrate sustainable practices into its operations, addressing the industry’s need for greener solutions. This partnership highlights the confidence that leading investors have in Vantage’s business model and growth potential. It also reflects the broader trend of significant capital flowing into the data center sector as digital infrastructure becomes increasingly critical to global economic activity.
Overall, the $9.2 billion equity investment represents a major milestone for Vantage Data Centers, positioning the company for continued success and expansion in the rapidly evolving digital infrastructure landscape.
KDDI Launches $1bn Toronto Data Centre Portfolio Under Telehouse Flag
KDDI Corporation, a major Japanese telecommunications company, has launched a $1 billion data center portfolio in Toronto under its Telehouse brand. This initiative marks KDDI’s significant expansion into the North American market, aiming to provide robust and reliable data center services to meet the growing demand for digital infrastructure in the region.
Telehouse, known for its global network of data centers, brings extensive experience and a strong reputation for reliability and innovation to the Toronto market. The new portfolio will leverage this expertise to deliver top-tier services and support to customers, helping them to enhance their digital capabilities and achieve their business objectives. KDDI’s investment in Toronto aligns with its strategic vision to expand its global data center footprint and strengthen its presence in key international markets. The launch of the Telehouse data centers in Toronto represents a significant step in this direction, providing a solid foundation for further growth and development in North America.
The new facilities will also contribute to the local economy by creating jobs and supporting the growth of the digital ecosystem in Toronto. This investment reflects KDDI’s commitment to driving digital transformation and supporting the technological advancement of businesses in the region.
Edged Energy Recruits President of CtrlS to Lead Data Centre Platform Expansion
Edged Energy has appointed the former president of CtrlS, a leading data center solutions provider, to spearhead its platform expansion efforts. This strategic hire is part of Edged Energy’s broader initiative to strengthen its leadership team and accelerate the growth of its data center operations.
The new president brings a wealth of experience and expertise in the data center industry, having successfully led CtrlS through significant growth and innovation phases. At Edged Energy, he will be responsible for overseeing the development and expansion of the company’s data center platform, ensuring that it meets the evolving needs of its customers and stays ahead of industry trends.
The expansion plan includes the development of new data centers in strategic locations, as well as the enhancement of existing facilities to provide greater capacity and improved services. Edged Energy aims to position itself as a leading provider of sustainable data center solutions, catering to the needs of enterprises, cloud service providers, and other technology-driven organizations.
This leadership change reflects Edged Energy’s commitment to driving innovation and growth in the data center sector. By leveraging the expertise of its new president, the company is well-positioned to achieve its ambitious expansion goals and deliver superior value to its customers.
Compass Datacenters Acquires 120 Acres in El Mirage, Arizona
Compass Datacenters has acquired 120 acres of land in El Mirage, Arizona, as part of its ongoing expansion strategy. The new site will be developed into a state-of-the-art data center campus, designed to meet the growing demand for digital infrastructure and services in the region.
This acquisition is a significant milestone for Compass Datacenters, providing the company with the necessary land to build and operate a large-scale data center facility. The El Mirage campus will feature advanced technology and infrastructure, offering high levels of performance, reliability, and security to customers. This development aligns with Compass Datacenters’ broader strategy to expand its footprint in key markets across the United States. By acquiring land in strategic locations, the company aims to provide robust and reliable data center services to support the digital transformation of businesses and organizations.
The new El Mirage data center campus will also contribute to the local economy by creating jobs and supporting the growth of the digital ecosystem in the region. This investment reflects Compass Datacenters’ commitment to driving innovation and supporting the technological advancement of communities.
Prime Tops Out First Chicago Data Center
Prime Data Centers has reached a significant milestone with the topping out of its first data center in Chicago. This achievement marks the completion of the structural phase of the project, bringing the facility closer to becoming operational. The new data center is part of Prime’s strategy to expand its footprint in key markets across the United States.
Located in a strategic area of Chicago, the new data center is designed to provide high-performance and reliable data storage and processing services. The facility will cater to a diverse range of clients, including enterprises, cloud service providers, and technology companies, supporting their digital infrastructure needs. Prime Data Centers’ expansion into Chicago is part of its broader strategy to establish a strong presence in major metropolitan areas. By developing state-of-the-art facilities in key markets, the company aims to provide robust and scalable data center solutions to meet the evolving needs of its customers.
The topping out ceremony marks a key milestone in the construction of the Chicago data center, bringing it one step closer to providing essential digital infrastructure services. Prime Data Centers remains focused on delivering high-quality, reliable, and sustainable data center solutions to support the growth and success of its clients.
Skybox Starts Work at 300MW Data Center Campus in Dallas, Texas
Skybox Datacenters has commenced construction on a new 300MW data center campus in Dallas, Texas. This ambitious project is set to become one of the largest data center campuses in the region, providing extensive digital infrastructure to meet the growing demand for data storage and processing services.
Skybox is committed to incorporating sustainable practices in its data center operations, and the new campus will include features designed to improve energy efficiency and reduce environmental impact. This focus on sustainability aligns with the industry’s increasing emphasis on greener and more environmentally responsible solutions. The new Dallas data center campus will also contribute to the local economy by creating jobs and supporting the growth of the digital ecosystem in the region. This investment reflects Skybox’s commitment to driving innovation and supporting the technological advancement of communities.
Overall, the 300MW data center campus in Dallas represents a significant milestone for Skybox Datacenters, positioning the company for continued growth and success in the rapidly evolving digital infrastructure landscape.
Narra Technology Invests $2.7 Billion to Create Philippines’ Largest Sustainable Data Center
Narra Technology has announced a $2.7 billion investment to develop the largest sustainable data center in the Philippines. This ambitious project aims to meet the growing demand for digital infrastructure in the region while prioritizing sustainability and environmental responsibility.
The new data center will feature cutting-edge technology and infrastructure designed to provide high-performance, reliable, and energy-efficient services. It will cater to a wide range of clients, including enterprises, cloud service providers, and government agencies, supporting their digital transformation initiatives. This investment reflects Narra Technology’s commitment to driving innovation and supporting the technological advancement of the Philippines. By providing robust and sustainable data center solutions, the company aims to help businesses and government agencies enhance their digital capabilities and achieve their strategic objectives.
Overall, the $2.7 billion investment in the largest sustainable data center in the Philippines underscores Narra Technology’s dedication to delivering high-quality, reliable, and environmentally responsible digital infrastructure services.
BlackRock Acquires Majority Stake in Germany’s Mainova WebHouse
BlackRock has acquired a majority stake in Mainova WebHouse, a leading data center operator in Germany. This strategic investment aims to enhance BlackRock’s presence in the digital infrastructure sector and support the growth of Mainova WebHouse’s operations.
Mainova WebHouse operates state-of-the-art data centers in Germany, providing high-performance, reliable, and secure services to a diverse range of clients, including enterprises, cloud service providers, and government agencies. The company’s facilities are designed to meet the highest standards of efficiency and sustainability, reflecting the industry’s increasing emphasis on environmentally responsible practices. BlackRock’s acquisition of a majority stake in Mainova WebHouse also reflects the broader trend of significant capital flowing into the data center sector as demand for digital services continues to rise. This strategic move aligns with BlackRock’s long-term investment strategy, focusing on high-growth sectors that offer substantial returns.
Overall, the acquisition represents a major milestone for both BlackRock and Mainova WebHouse, positioning them for continued success and growth in the rapidly evolving digital infrastructure landscape. The partnership will enhance Mainova WebHouse’s capabilities and support its mission to provide top-tier data center services to its clients.