AWS to invest $3.5 billion in New Albany data centre park
Tech giant, Amazon, is set to bolster its data centre operations in New Albany with an investment of US$3.5 billion. The New Albany City Council has this Tuesday given the green light, approving an agreement that will see the hyperscaler construct five data centres and auxiliary buildings. Th...
September 20
Data centres poured $2.1tr into the US economy
Data centres contributed US$2.1 trillion to the United States (US) Gross Domestic Product (GDP) between 2017-2021 revealing the integral role these facilities play in the digital economy. According to a PwC report commissioned by the Data Center Coalition (DCC), ‘Economic, Environmental, and Social Impacts of Data Centers in the United States’, the US data centre indust...
September 20
DTCP becomes majority shareholder in Central European data centre operator
Funds advised by investment management firm Digital Transformation Capital Partners (DTCP) have become the majority shareholder in maincubes, a Frankfurt-based data centre operator, following a fresh cash injection into the German business. The stake was acquired from co-shareholder Art-Invest Real Estate which has retained a c. 25% stake in the company. Philipp von Bism...
September 20
KKR buys $807m stake in Singtel’s data centre business
Singapore Telecommunications, popularly known as Singtel, Southeast Asia's largest telecom operator, has sold a 20% stake in its regional data centre business to U.S. private equity giant, KKR, for S$1.1 billion (US$807 million). According to a joint company statement, the deal puts the enterprise value of the Singtel unit at S$5.5 billion. The transaction marks KKR's la...
September 19
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