US megascale data centre operator Switch, Inc. (NYSE: SWCH) has reported consolidated first quarter 2022 revenue of US$164.6 million, increasing 26% compared to the first quarter of 2021. Excluding Data Foundry revenue of US$12.3 million, Switch first-quarter revenue totalled US$152.3 million, representing 16% organic growth compared to the year ago quarter. Adjusted EBI...

Talen Energy Corporation (TEC) has carried out a recapitalisation transaction that is expected to contribute towards the financial positioning of its Talen Energy Supply LLC (TES) subsidiary. The transaction will include a new equity investment of up to US$1.65 billion, which will accelerate TES' clean power transformation, advance carbon-free data centre growth initiatives...

Zayo Group Holdings, Inc. has completed the marketing of a US$750 million sustainability-linked first lien term loan (ESG Term Loan), the first ESG-linked term loan raised by a U.S. bandwidth infrastructure company. The transaction highlights Zayo’s market leadership and continued commitment to ESG, and properly aligns investors with the company’s ESG ambitions. As p...