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The Tech Capital Cyxtera handed $200m lifeline as it officially files for bankruptcy

US data centre company Cyxtera (NASDAQ: CYXT) has officially filed for bankruptcy whilst it has secured a new lifeline debtor-in-possession financing worth US$200 million to help it navigate the process. The Miami, Florida-based group said in a note to markets that pursuant to the previously disclosed Restructuring Support Agreement (RSA) it reached with certain of its lend...

The Tech Capital DigitalBridge, Brookfield bidding for new $5.5bn data centre portfolio

Brookfield Infrastructure Partners and DigitalBridge Group Inc have reportedly entered a bidding war for Compass Datacenters, a US-based company that builds and operates data centres. According to sources familiar with the matter, the two companies have offered more than US$5.5 billion for Compass’ privately-owned data centre portfolio with locations in the US, Canada, Is...

June 02

The Tech Capital Keppel DC REIT triggers countdown as new CEO takes the helm in 8 weeks

Keppel DC REIT Management Pte. Ltd., as Manager of Keppel DC REIT, said that Mr Loh Hwee Long (罗慧隆), 46, will be appointed Chief Executive Officer, with effect from 28 July 2023, subject to regulatory approval as required under the Securities and Futures Act, 2001 of Singapore. Former CEO, Ms Anthea Lee (李明芬) will be leaving the Manager to pursue other interest...

June 01

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