Latest from Nicole Cappella

US investment firm increases stake in TierPoint data centres

US investment firm, Argo Infrastructure Partners, has announced an increased investment in TierPoint. With a total investment of £1.7 billion ($2.3 billion), Argo has become the majority stakeholder in the data centre provider. Jason Zibarras, founding partner of Argo, highlighted TierPoint’s robust contractual revenue profile and environmental stewardship, expressing optimism about the long-term growth potential… Read More

Equinix may be considering partial sale of Hong Kong data centre properties

Leading data centre company, Equinix, may be currently considering divesting itself of some data centre properties in Hong Kong. This strategic decision, which could be worth approximately £1.5 billion ($2 billion), aims to capitalise on the increasing demand for data centres fueled by the boom in artificial intelligence (AI). According to Reuters, sources with direct… Read More

UK banking group to turn vacant offices and data centres into social housing

In an effort to help combat the housing crisis in the UK, Lloyds Banking Group has committed to leveraging its property portfolio to turn unused office and data centre buildings into social housing. The UK’s largest mortgage provider initiated a strategic review of property holdings during the 2020 lockdown, and is now prepared to contribute… Read More

18-month study measures viability of space-based data centres

Space-based data centres may be a reality for Europe, according to the results of an 18-month study conducted by Thales Alenia. The study, a joint venture between Thales Alenia Space and Leonardo, explored the feasibility of space-based data centres. ASCEND (Advanced Space Cloud for European Net-Zero Emission and Data Sovereignty) was launched in 2023 and… Read More

Microsoft to invest £1.8 billion for data centres in Spain

Microsoft plans to invest £1.8 billion ($2.3 billion) in a new data centre project in the northeastern region of Spain, as part of a broader strategy to establish Aragon as a hub for cloud storage and digital innovation. President of the Government of Aragon, Jorge Azcon, noted this investment brings Microsoft’s total planned investments in… Read More

Japanese data centre operator unveils state-of-the-art facility
Japanese data center operator At Tokyo Corporation, known as @Tokyo, has officially launched its latest facility - the At Tokyo Chuo Center #3 (CC3). The new data centre in the Shibaura-Shinagawa area of Tokyo is set to become one of Japan’s leading network hubs, with strong connectivity and sustainability features. The CC3 facility is built... Read More

Nokia acquires optical networking solutions supplier Infinera

Finnish telecom giant, Nokia, has announced its intention to acquire Infinera, a leading supplier of optical networking solutions and optical semiconductors. The acquisition has a stated value of £1.8 billion ($2.3 billion); 70% of which will be paid in cash. Infinera’s shareholders can elect up to 30% in the form of Nokia shares. Infinera provides… Read More

Segro moves forward with Marseille data centre

UK industrial real estate firm, Segro, has unveiled plans to construct a state-of-the-art data centre and warehouse in the Actisud zone of Marseille, France. DC Mag reported the company’s ambitious plan features a 23,000sqm main building housing the data centre, which will require a substantial double underground electrical connection of 90kV. The project is set… Read More

Ada Infrastructure to build 210MW data centre in London Docklands

The data centre subsidiary of GLP Capital Partners (GCP), Ada Infrastructure, has been awarded a resolution to grant planning from the Newham Strategic Development Committee for a development in the London Docklands. This approval paves the way for one of the largest data centre campuses in the Royal Docks, a historic and rapidly developing area… Read More

Microsoft will no longer explore underwater data centres

Microsoft has confirmed that the underwater data centre first proposed in 2013 is no longer an area of interest. Project Natick, was deemed ‘logistically, economically, and environmentally practical’ as recently as 2020. While Microsoft has discontinued its underwater data centre investigations, the company remains committed to utilising the learnings it gained from Project Natick. In… Read More

ECL announces first hydrogen-powered green data centre

Silicon Valley Data Centre as a Service (DCaaS) company, ECL, has announced the first data centre fully powered by green hydrogen. The modular, sustainable, off-grid data centre delivers 1MW per block, which can be configured and customised to user requirements. The hydrogen-powered ECL data centre now has its first user: Cato Digital, a digital infrastructure… Read More

Council meeting held to discuss £3bn Greystoke AI data centre

The South Killinghome Parish Council is hosting a meeting to discuss plans for a large Greystoke Land artificial intelligence (AI) data centre project near Immingham, Lincolnshire. The BBC reported that the meeting will be attended by the North Lincolnshire Council and representatives from the developer, investment firm Greystoke Land. The proposed development will be comprised… Read More

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