Data Center Investment News — 15/12/2023

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Zahl Limbuwala Appointed Executive Chairman of Advisory Board at maincubes

Zahl Limbuwala, a prominent figure in the data centre industry, has taken on a significant role as the Executive Chairman of the Advisory Board at maincubes.

Oliver Menzel, CEO of maincubes, expresses: “We are pleased to welcome Zahl. With his experience in the digital infrastructure and technology sector, Zahl brings profound industry knowledge and an entrepreneurial background, making him an ideal fit for the role of Executive Chairman. We are confident that his engagement will further strengthen our market position and will help us to establish ourselves as a leading platform for data centre services in Europe.

With his experience and expertise, Limbuwala aims to steer maincubes towards further growth, innovation, and strategic advancements in the global data centre landscape.

Penta Infra Constructs New Colocation Data Centre in Hamburg

Penta Infra is responding to the escalating demand for secure and scalable data solutions by developing a new colocation data centre in Hamburg, Germany.

Patrick van der Wilt, Chief Commercial Officer at Penta Infra: “We are excited to announce that we are constructing a new data centre in Hamburg, a significant and strategic European market. Hamburg is more than just a city of trade; to us, it symbolizes a balance between robust economic activity and environmental awareness. This balance aligns perfectly with our mission to offer our current and future clients some of the most modern and sustainable data centre facilities in Europe. Our decision to expand in Hamburg is also a testament to the considerable demand we have experienced from both existing and new customers. This new data centre marks an exciting chapter in our ambition to expand our data centre footprint throughout Europe.”

The construction of this facility underscores Penta Infra’s commitment to providing state-of-the-art infrastructure and supporting the digital needs of businesses in the region.

Cologix Acquires Two Cyxtera Data Centres in Canada, Expands Two Others

Cologix, a leading provider of interconnection and data centre services, has significantly expanded its Canadian footprint through the acquisition of two data centres from Cyxtera.

Brookfield closed its acquisition of bankrupt colo provider Cyxtera last month. As part of the deal, Brookfield acquired several sites leased to Cyxtera, exited, or shortened several other leased sites, and sold two Canadian sites to Cologix (but had not revealed details).

Additionally, Cologix has undertaken expansion initiatives in two other centres, solidifying its position as a key player in the Canadian data centre market.

In Montreal, Cologix has expanded capacity at its MTL10 facility by 12,000 square feet and 4MW of power. Located at 530 Rue Bériault in Longueuil, the site offers more than 250,000 sq ft and 39MW.

In Toronto, Cologix is expanding capacity at its TOR1 facility by 2,400 sq ft and 400kW. Located in the 151 Front Street carrier hotel, the site now offers 27,400 sq ft.

AtNorth Announces 60MW Data Centre in Finland with Heat Reuse

AtNorth’s announcement of a 60MW data centre in Finland incorporates innovative heat reuse technology, aligning with the company’s commitment to sustainability.

“This agreement is yet another hallmark moment for AtNorth. Kouvola is a critical location for our next site as we continue to expand and meet the growing demand for high-performance services,” said AtNorth’s CEO, Eyjolfur Magnus Kristinsson.

“We are in ongoing discussions with several AI companies, hyperscalers as well as international organizations requiring high-performance computing, who see the clear benefit of moving to the Nordics to decarbonize their IT workloads.” He added.

This initiative underscores AtNorth’s strategy to deliver not only high-capacity data services but also environmentally conscious solutions.

Digital Realty Launches $7Bn Hyperscale Data Centre JV with Blackstone

Digital Realty’s collaboration with Blackstone in a $7 billion joint venture aimed at hyperscale data centres signifies a significant move in catering to the escalating demand for large-scale data solutions.

“By partnering with Blackstone, the world’s largest alternative asset manager, Digital Realty is better able to deliver capacity to meet the burgeoning demand of our hyperscale customers, by accessing a deep pool of likeminded private capital,” said Andy Power, president, and CEO of Digital Realty.

“Digital Realty is focused on executing on the sizable opportunity that lies ahead, and this partnership helps to accelerate the monetization of nearly 20 percent of our industry-leading land bank.”

This strategic partnership underscores both companies’ dedication to capitalizing on the immense potential of hyperscale data services.

Green Mountain Begins Expansion of London Campus

Green Mountain, a prominent data centre provider, has initiated expansion efforts for its London campus.

“This is a true milestone in our international expansion. London is an extremely important data centre hub and a must-have location for many international companies. Our aim is to gradually expand our footprint in several international markets. London is an ideal location to continue executing this strategy,” said Atle Hagaseth, CEO of Green Mountain.

This move reflects the company’s strategy to further establish its presence in critical data centre markets, meeting the rising demand for advanced data infrastructure and services.

STACK Acquires More Land in Virginia’s Prince William County, Plans Three More Buildings

STACK’s acquisition of additional land in Virginia’s Prince William County to develop three new buildings is a strategic move to bolster its data centre portfolio.

“Stack’s construction of high-security facilities, alongside an organization aiding at-risk youth, showcases our commitment to responsible development,” said Tim Hughes, chief development officer, Stack Americas. “We prioritize conscientious data centre planning and execution, emphasizing positive community impacts in our site selection process.”

This expansion emphasizes STACK’s commitment to providing robust data solutions in response to growing industry demands.

CalEthos Launches with Plan for 300MW Data Centre Campus in Southern California

The launch of Calethos, accompanied by ambitious plans for a 300MW data centre campus in Southern California, marks a significant entry into the region’s data centre landscape.

CalEthos said that it had hired staff from Microsoft, Google, Meta, NTT, CenturyLink, and Global Switch. The company’s president and COO Joel Stone was formerly the head of global site sourcing at Meta and spent two years as the SVP of RagingWire.

This endeavor underlines Calethos’ vision for substantial growth and contribution to the digital infrastructure sector in the area.

Digital Realty Announces Plans for Fifth Marseille Data Centre

Digital Realty’s announcement of plans for a fifth data centre in Marseille signifies the city’s strategic significance as a connectivity hub.

The silo dates to the 1960s but has been abandoned since 2015. The Grand Port Maritime de Marseille (GPMM) first called for expressions of interest in the AMI Sugar Silo back in December 2021. The vacant complex includes a 3,600 sqm storage building, weighing tower, truck delivery dock, and conveyor belt transfer equipment.

The planned expansion reinforces Digital Realty’s commitment to catering to increasing data demands and strengthening its foothold in this crucial location.

Arcus Acquires Germany’s IPHH, Launches New European Data Centre Platform

 Arcus’ acquisition of IPHH in Germany has facilitated the launch of a new European data centre platform.

“IPHH is an excellent investment opportunity for AEIF3 and a great fit for Portus against the backdrop of a growing regional German data centre market,” said John Shea, partner at Arcus.

The investment company this week announced the acquisition of Internet Port Hamburg (IPHH), a regional data centre operator and Internet service provider, and the launch of Portus Data Centres.

“I am very excited by the launch and growth potential of Portus Data Centres in Germany and surrounding countries,” said Adriaan Oosthoek, chairman of Portus Data Centres.

This strategic move reflects Arcus’ intent to capitalize on the European market’s potential and offer enhanced data solutions through its expanded platform.

DC BLOX to Develop 216MW Campus Outside Atlanta, Georgia

DC BLOX’s development plan for a 216MW campus outside Atlanta, Georgia, highlights the company’s commitment to meeting the burgeoning data needs in the region.

“DC Blox’s ability to build vertically integrated infrastructure solutions including data centres and dark fiber networks is proving to be an important differentiator for our customers,” said Jeff Uphues, CEO of DC Blox.

“We have built a reputation for the development of cutting-edge colocation data centres, cable landing stations, and fiber networks across the Southeast, so we are well-positioned to meet the rigorous requirements of hyperscalers and AI/ML platform and application providers.”

This ambitious project aims to deliver substantial data capacity to cater to evolving technological demands.

CoreSite to Build New Data Centres in Secaucus and Denver

CoreSite’s announcement of plans to construct new data centres in Secaucus and Denver underscores its commitment to expanding its data centre portfolio.

“Our approach to data centre design and construction incorporates best practices from ideation to execution,” said Brian Warren, CoreSite’s SVP of Development and Product Engineering. “CoreSite’s campus model is driven by customer demand and requirements that have seen a surge with the increased adoption of artificial intelligence and other high-density, high-performance computing applications. The New York and Denver market expansions exemplify the need for purpose-built, modern, and efficient data centres that can provide native access to the leading cloud providers and a comprehensive interconnection ecosystem.”

By investing in these new facilities, CoreSite aims to address the growing need for reliable and advanced data solutions in these key markets.