Merlin Properties to raise up to 94 million new shares for data centres
Spanish real estate group Merlin Properties Socimi SA has announced its intention to conduct an accelerated bookbuilding process, issuing approximately 94 million new shares, representing 20% of its existing share capital. The capital-raising would be targeted at financing the construction and o...
July 26
VEON’s Pakistan operator Jazz secures $270m credit facility for digital infrastructure expansion
VEON Ltd. (NASDAQ, Euronext Amsterdam: VEON) subsidiary Jazz has secured Pakistan’s largest long-term private sector syndicated credit facility of up to PKR 75 billion (c. US$270 million). The 10-year financing arrangement will be used to build up Jazz’s 4G connectivity and digital services used by millions of consumers and enterprises. The banking consortium was led...
July 26
Samsung, AMD team up to supply high-performance substrates for hyperscale compute
Samsung Electro-Mechanics (SEMCO) has entered into a collaboration with AMD (NASDAQ: AMD) to supply substrates for hyperscale data centre compute applications These substrates are made in SEMCO's technology hub in Busan and a newly built factory in Vietnam. Market research firm Prismark predicts that the semiconductor substrate market will grow at an average annual rate ...
July 26
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 site and securing construction and power supply contracts. The transaction is subj...
July 25
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