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Portugal

The Tech Capital Portugal switches on petascale Deucalion supercomputer

The European Union’s (EU) latest supercomputer has been switched on in Portugal joining a network of eight super machines hosted by member states. Dubbed Deucalion, the machine has been co-funded with a total budget of €20 million from EuroHPC JU and FCT. The EuroHPC JU is a legal and fun...

September 17

The Tech Capital Portugal’s $4.2bn mega data centre campus to deploy cooling technology

Iberia’s largest data centre developer Start Campus and Nautilus Data Technologies have signed a Memorandum of Understanding (MoU) for Nautilus’ cooling technology to support sustainable cooling for Start Campus’s SINES Project operations. The SINES Project is a US$4.2 billion, 495 MW hyperscale data centre development located 150Km south of the capital Lisbon. Und...

September 11

The Tech Capital Altice could cash in $770m from data centres sale

France’s Altice group could raise around €700 million (~US$770 million) from the sale of its data centres in Portugal (Covilhã) and France. The non-core assets are being prepared for a divestiture as part of its deleveraging strategy pressured by debt of €54 billion (US$59.4 billion). However, this is not the first time the group tries to take its facilities to ma...

August 14

The Tech Capital Equinix Q2 revenues up 11% but net income down

Digital infrastructure REIT Equinix, Inc. (Nasdaq: EQIX) has reported quarterly revenues of US$2.02 billion, representing an 11% increase compared to the same quarter last year. Despite a US$3 million negative foreign currency impact, the company achieved growth and the operating income for the quarter stood at US$332 million, marking a 5% increase over the same quarter las...

August 02

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