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Sabey targets $250m in revenue notes

Sabey Data Center Issuer LLC is set to issue circa US$250 million in revenue notes to be used in the securitisation of Sabey Data Center Properties LLC (Sabey) hosting real estate. The notes are to be issued as part of Sabey Data Center Issuer LLC’s Secured Data Center Revenue Term Notes, Series 2022-1, Class A-2 (US$175 million) and Secured Data Center Revenue Term Notes...

Digital Realty tops 1GW in green-certified data centre standards

US data centre REIT Digital Realty (NYSE: DLR) has published its fourth annual Environmental, Social and Governance (ESG) report.  In the report, the group notes that it has become the first data centre operator to reach one gigawatt of IT capacity certified in accordance with sustainable building standards, after adding six new green building certifications in the U.S., U...

June 29

Switch Inc. sued over financial cover-up in $11bn data centre M&A

Nevada-based exascale data centre operator Switch, Inc. (NYSE: SWCH) has been accused by stockholders of not disclosing key financial information about a proposed US$11 billion business sale announced last March. Under the definitive purchase agreement, digital Infrastructure investor DigitalBridge Group, Inc. (NYSE: DBRG), through DigitalBridge Partners II, the value-added...

June 29

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