Canada’s HIVE to build 100 MW data centre in Paraguay
Digital asset miner HIVE Digital Technologies Ltd. (TSXV: HIVE) (NASDAQ: HIVE) (FSE: YO0) has unveiled plans to build a 100-megawatt (MW) hydro-powered data centre in Paraguay. HIVE’s General Legal Counsel Gabriel Ibghy said: "We have made significant progress in identifying the data centre si...
July 25
Exclusive: HostDime mulling 9-figure capital raise to fuel edge data centre expansion
Privately-held and self-bootstrap Florida-based data centre operator and developer, HostDime, is currently holding conversations with various capital groups to discuss a cash injection for its near-term growth and expansion plans. The Orlando company could raise over US$100 million in a shake-up to its financing strategy which has to date been purely greenfield-led, peo...
January 26
Mining infrastructure investor breaks ground in Paraguay
Mining infrastructure investor Pow.re Holdings Limited has begun construction of two data centres in the capital region of Asunción, Paraguay. The facilities will provide 12 megawatts of hydroelectric power for the company’s operations. The first site is expected to be operational in Q4 2022 and the second is forecasted to be completed by Q1 2023. The Paraguay expa...
October 26
Stonepeak’s $2.7bn LATAM digital infrastructure takeover completes as Lumen exits Cirion
Lumen Technologies (NYSE: LUMN) has officially closed the sale of its Latin American operations to alternative investment firm Stonepeak for US$2.7 billion cash. The Latin American business, called Cirion, will operate as an independent portfolio company of Stonepeak. As a result of the transaction closing, Stonepeak has named Lumen's LATAM Regional President, Facundo Ca...
August 01
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