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North America

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 Macquarie’s Netrality invest in Texas data centre footprint

Privately-held hosting company Netrality Data Centers has invested in further expansion within Southern United States with the addition of extra capacity in Texas. The Macquarie Asset Management-backed operator has added to two new data halls encompassing 17,000 square feet and over 2.5 megawatts of critical capacity to its pipeline. The new data halls in Houston are due...

May 31

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