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London, UK, Apr. 18, 2023 – The Tech Capital, a digital media, reports, and events platform providing valuable daily content and data covering investment and...
US data centre REIT Digital Realty (NYSE: DLR) has raised approximately US$1.1 billion of gross proceeds from the sale of approximately 11 million shares issued under the company's at-the-market (ATM) program, including 3.5 million shares to be issued pursuant to forward sales agreements. The op...
June 06
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...
June 05
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
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
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers