Data Center Investment News — 24/06/2022
Keppel DC REIT Acquires Two Data Centres in Guangdong for RMB 1380 Million
Keppel DC REIT announced that it has strengthened its portfolio through the acquisition of two fully-fitted data centre facilities in Jiangmen, Guangdong Province, for RMB 1380.6 million, which is approximately 297.1 million SGD.
The two acquisitions were made after Keppel DC REIT entered into agreements with Guangdong Bluesea Data Development Co. Ltd. (Bluesea) and its parent company, Guangdong Bluesea Mobile Development Co. Ltd.
Keppel DC REIT had previously closed its first deal with Bluesea in July 2021, making its first acquisition in China, the Guangdong Data Centre. Keppel DC REIT is set to name its newly acquired data centre facilities Guangdong Data Centre 2 (Guangdong DC 2) and Guangdong Data Centre 3 (Guangdong DC 3).
Layer 9 Data Centers lands Series A for $775m Mexico mega-project
Layer 9 Data Centers has closed a Series A investment, led by a consortium of industry veterans, including LBS Power, based in Mexico City.
The operator, which launched in 2020, plans to use the proceeds from this Series A investment to secure the necessary critical infrastructure and land to support data centre development in Latin America, beginning with a Phase 1 master plan to deliver two 32 Megawatt (MW) powered shell buildings with turnkey data centre suite capacity in the Bajio region of Mexico in late Summer 2023. The exact amount to the Series A has not been disclosed, but the overall volume of phase one is projected to amount to a capital expenditure of US$775 million, The Tech Capital can reveal.
Layer 9 is led by industry veterans Alejandro Cantu, Michael Ortiz, and Joseph Ryan, who have experience in hyperscale developments and prefabricated US-based infrastructure developments.
EdgeConneX raises $1.7bn in sustainability-linked financings
EQT-backed hyperscale data centre operator EdgeConneX has secured a series of sustainability-linked financings totalling US$1.7 billion.
The financings include EdgeConneX first-ever securitization and multi-currency term loan (ESG Term Loan) to further the company’s global growth.
Joe Harar, CFO at EdgeConneX, said: “The investment-grade rating for the asset-backed securities demonstrates the financial strength of EdgeConneX and confirms the confidence and quality of the EdgeConneX edge business model.
“This new financing affords the company high flexibility to not only invest in our core infrastructure in a sustainability-minded way but also to support our high growth customers that need green, sustainability-linked solutions hyper-locally and at hyperscale globally.”
Serverfarm seeds London data centre growth with fresh capital commitment
Data centre operator and developer Serverfarm said it will expand its capacity in the UK capital as a result of growing market demand.
The expansion will see the group add 8MW of capacity to its LON1 data centre which was opened in March 2018 and marked the company’s European debut.
Serverfarm acquired the now 18.5MW, 120,000 square feet data centre through a sale and partial leaseback.
The three-story building is located in West London, in Feltham, not far from Heathrow Airport and in close distance to major colocation hubs in Slough, Hayes, Hounslow and Park Royal.
CapitaLand plans 40MW data center in Hyderabad
Singaporean real estate group CapitaLand is to build a data center in Hyderabad, India.
Capitaland India DC is proud to announce our next hyperscale designed Greenfield data center project in Hyderabad,” said Surajit Chatterjee, MD- Data Centre India, CapitaLand in a LinkedIn post.
The 40MW greenfield facility will be located in the Hyderabad Information Technology and Engineering Consultancy City (HITEC City), a business district in the Madhapur area, and have a dedicated GIS substation within the site.
Last year CapitaLand-owned Ascendas India Trust announced plans to build its first data center campus in India. The campus in Airoli, Navi Mumbai, will comprise two buildings; the first building will comprise 325,000 sq ft and is scheduled to be ready by Q2 2024. The 6.6-acre greenfield site will be developed in phases up to 575,000 sq ft (53,400 sqm) and 90MW when fully built up.
NTT to open its largest single North America data centre campus in 2024
NTT Ltd. has purchased a 103-acre piece of land in Prince William County, Gainesville, Virginia, from Lerner Enterprises to build a large-scale data centre campus with a planned 336MW of capacity.
The development will be built off John Marshall Highway with plans for the first two-story building to be open in the second quarter of 2024.
The site will become NTT’s largest single campus in North America, with initial design plans delivering four large-scale buildings offering 336MW and more than two million square feet of data centre space.
The design will also offer dedicated self-contained areas for large-footprint deployments to support hyperscale clients.
Camro Data Park secures new funds from Topland Group
The Camro Data Park in Cambridgeshire has secured new funding to create a new data center park.
Privately owned property investment company Topland Group this week announced it has agreed to refinance Camro Data Park on behalf of owners Lasercharm through a £9.25 million ($11.3m), two-year facility from its structured finance division.
Lasercharm will now seek detailed consent before marketing the site to a specialist developer, occupier-developer, or cloud service provider during the term of this new loan.
Located within the Elean Business Park next to Sutton in Cambridgeshire, the 43-acre Camro site has planning permission for 65,000 sqm (700,000 sq ft) across a number of data center buildings.
Teledata announces plans for second Manchester data center
UK data center operator Teledata is to open a new data center in Manchester.
The company announced this month that it will open a second Manchester site later this year that will offer up to 25,000 sq ft (2,300 sqm) of data center space and 4MVA of capacity. The first three of up to 10 data halls should be coming online in Q3/Q4 2022.
“We’ve seen significant growth over the past couple of years, and with data center space in the city running scarce, we hope that our new facility will go some way towards meeting the demands of colocation and cloud hosting customers looking for a Manchester presence,” the company said in the announcement.
Amazon buys more than 58 acres in Gainesville, Virginia, for $87m
Amazon has bought another plot of land in Virginia’s Prince William County.
BizJournal reports, per local county records, that in April AWS acquired nearly 58.5 acres at 5845 Wellington Road in Gainesville for $87.8 million.
The company previously bought the adjacent plot at 5945 Wellington Road, which also totals 58.5 acres, for $52.4 million in April 2021.
Both Wellington Road properties were acquired from Gainesville Associates LLC. The 5845 site last sold in 1976 for $2.5 million, according to county records.
BizJournal notes the acquired land sits within Prince William County’s Data Center Opportunity Overlay District; an area zoned specifically for data center development and operation.
Cloudoon plans ‘Kenya’s largest data center’
Cloud hosting company Cloudoon is planning to build a large data center in Kenya.
Kenya’s People Daily reports the company has secured 6 billion Kenyan Shillings ($51.1m) for the project.
According to Cloudoon’s site, the MAS101 Data Center is to be constructed on a 10-acre campus close to one of the 7 Forks Hydro-power stations in Kenya. The company claims it will be the largest data center in the country.
The facility will offer more than 10MW of IT load, raised floor space of 200,000 square feet (18,580 sqm) with capacity for more than 2,500 racks, and office space.