Data Center Investment News — 16/08/2024
Open Access Data Centres Opens 2MW DRC Data Centre
Open Access Data Centres (OADC) has launched a 2MW data center in the Democratic Republic of Congo (DRC). This facility is a significant milestone in enhancing digital infrastructure in Central Africa.
“We already have over 12 leading national and international carriers connected with the banking sector being the leading adopter of OADC Texaf Digital – Kinshasa solutions,” Mohammed Bouhelal, managing director of OADC Texaf DRC revealed.
The data center will support the region’s growing demand for digital services and connectivity, offering a robust platform for cloud computing, colocation, and other digital services. The new facility is part of OADC’s broader strategy to expand its presence across Africa, contributing to the continent’s digital transformation and economic growth.
NEXTDC Opens $80M Data Centre in Darwin with NT Gov and Vocus, Boosting the Region’s Digital Economy
NEXTDC has inaugurated an $80 million data center in Darwin, Australia, in collaboration with the Northern Territory Government and Vocus. This state-of-the-art facility is expected to significantly boost the digital economy in the region, providing critical infrastructure for businesses and government services.
NEXTDC CEO Craig Scroggie says “D1 will play a pivotal role in accelerated computing and represents the next step towards achieving national digital equity for the Northern Territory. This facility will enable organisations operating in the Northern Territory to embrace digital innovation and compete in new and dynamic growth markets across the APAC region. The close proximity to Darwin’s CBD and direct access to major subsea cable infrastructure will enable real-time responsiveness to operational and mission-critical requirements across all sectors, including government, mining, resources and defence industries.” He added.
The data center will enhance connectivity, support cloud services, and contribute to the region’s digital transformation efforts. This investment underscores the growing importance of digital infrastructure in regional Australia and NEXTDC’s commitment to expanding its footprint in underserved markets.
Mubadala-Backed PDG Buys Yahoo Singapore Data Centre, Fueling Real Estate Growth in Southeast Asia
Princeton Digital Group (PDG), backed by Mubadala, has acquired Yahoo’s data center in Singapore. This acquisition is part of PDG’s strategy to expand its digital infrastructure portfolio in Southeast Asia.
Rangu Salgame, Chairman, CEO and Co-founder of PDG, said: “The acquisition of Yahoo’s SG3 data center is another illustration of PDG’s three-pronged investment strategy of greenfield development, carve-outs and acquisition. Along with a strategic asset, we gain an important customer in Yahoo and additional capacity to serve PDG’s customers.
The deal highlights the growing demand for data center capacity in the region, driven by the rise of digital services and cloud computing. The acquisition also reflects PDG’s commitment to scaling its operations and meeting the needs of global hyperscalers and enterprises in Southeast Asia.
Start Campus Ramps Up Capex to $10bn, Secures 1.2GW Capacity for Inaugural Sines Data Center Project
Start Campus is significantly increasing its capital expenditure to $10 billion, securing 1.2GW of capacity for its inaugural Sines data center project in Portugal. This ambitious initiative aims to establish one of Europe’s largest data center campuses, focusing on renewable energy and sustainability.
The extra cash will be used to more than double the capacity of its SINES Data Center (SINES DC) project as the operator announced it has secured up to 1.2GW for its inaugural campus. This new load is significantly higher from the previously stated IT capacity for the Sines project, which was initially set at 495MW. When the project was first introduced in 2021, it was projected to have a capacity of ‘merely’ 450MW.
The project will leverage Portugal’s strategic location and renewable resources to offer efficient and eco-friendly data solutions. Start Campus’s investment underscores its commitment to driving innovation and sustainability in the data center industry, contributing to the region’s digital economy growth.
Edged Energy to Build Data Centre Facility in Silicon Heartland
Edged Energy has announced plans to build a new data center facility in Silicon Heartland, reflecting the growing demand for digital infrastructure in the U.S. heartland. The facility will focus on sustainability and energy efficiency, aligning with Edged Energy’s commitment to green data centers.
Bryant Farland, Chief Executive Officer for Edged, said: “We are on a mission to build data centres for positive impact. We are thrilled to be partnering with the New Albany community to support their thriving digital economy in a way that is sustainable and conserves precious local resources. Our highly differentiated platform of technologies is optimized for energy efficiency, water conservation and top-tier performance.”
This development is part of a broader trend of expanding data infrastructure into emerging markets, providing reliable and scalable services to meet the needs of businesses and cloud providers in the region.
US Signal Acquires Former DXC Data Center in Detroit, Michigan
US Signal has acquired a former DXC Technology data center in Detroit, Michigan. This acquisition is part of US Signal’s strategy to expand its data center footprint and enhance its service offerings in the Midwest.
John White, US Signal COO, said: “Our mission to fortify digital infrastructure in Michigan has never been stronger. This acquisition underscores our position as the leading data center and managed services provider in the region. With three facilities in Metro Detroit now fully operational and in high demand, we are poised for growth.”
The facility will be upgraded to support US Signal’s growing customer base, offering advanced data solutions and connectivity. This move highlights the ongoing consolidation and expansion in the data center industry as companies seek to meet increasing demand for digital services.
IPIs RadiusDC Acquires Miami Data Center
IPIs RadiusDC has acquired a data center in Miami, further expanding its presence in the U.S. market. The facility will be integrated into RadiusDC’s growing portfolio of data centers, providing enhanced services to customers in the region.
“We believe Miami I is an ideal asset to expand the geographic reach of our connectivity-focused platform given the strength of its existing network and immediately available growth potential,” stated Mike Krza, RadiusDC CEO. “We are excited to deliver new strategic data center capacity in the South Florida market over the coming year.”
The acquisition aligns with RadiusDC’s strategy to expand its footprint in key U.S. markets and meet the increasing demand for data infrastructure. This move is part of a broader trend of investment in digital infrastructure across the U.S., driven by the rise of cloud computing and digital services.
Edged Breaks Ground on Data Center in New Albany, Ohio
Edged has broken ground on a new data center in New Albany, Ohio. The facility will be part of Edged’s broader strategy to expand its data center footprint in the U.S. Midwest. Designed with sustainability in mind, the data center will incorporate advanced energy-efficient technologies, reflecting Edged’s commitment to reducing its environmental impact.
“We are on a mission to build data centers for positive impact. We are thrilled to be partnering with the New Albany community to support their thriving digital economy in a way that is sustainable and conserves precious local resources. Our highly differentiated platform of technologies is optimized for energy efficiency, water conservation, and top-tier performance,” said Bryant Farland, Edged CEO.
This project is a response to the growing demand for digital infrastructure in the region, supporting the needs of cloud providers and enterprises.
Telos Corp HQ in Ashburn, Virginia Bought by JK Land Holdings for Data Center Campus
JK Land Holdings has acquired the headquarters of Telos Corporation in Ashburn, Virginia, with plans to convert the site into a data center campus. This acquisition is part of JK Land Holdings’ strategy to develop and expand data center facilities in the Ashburn area, which is a key hub for data centers in the U.S.
This plan is still somewhat uncertain, with Kuhn telling WBJ that after Telos’ lease runs out the long-term plan for the site is “somewhat open-ended”, but that a data center is a “viable alternative.” Should it go ahead, Kuhn plans to develop a two-story data center totaling 360,000 sq ft (33,445 sqm) along with a substation where the HQ building and parking lot are currently located.
The new campus will cater to the growing demand for digital services and cloud computing in the region. This move underscores the increasing value of data center real estate in major markets like Ashburn.