Here are few bits and pieces before ITW next week that are worth noting. I won’t be able to attend ITW in person this year, so have fun in Atlanta everyone!
Indiana-based Intelligent Fiber Network is expanding is reach to the east with new connectivity to Ashburn. They’re leasing capacity on existing routes to connect up to northern Virginia, the third market outside Indiana they have reached out to recently. IFN’s recent partnership with Wabash Valley Power gave them reach into both Illinois and Missouri as well, and it seems likely they would like to stretch out in other directions as well.
STACK INFRASTRUCTURE is building out more space out at its Chicago campus. They intend to add another 20MW, more than doubling what they already have to reach a total of 33MW. The expansion will be adjacent to its current facility to the west of O’Hare International Airport. STACK earlier this year raised $850M to support such projects, so I doubt this will be the last announcement of this type.
And over in Europe, Colt and its partner SIA have picked up a key EU deal. The European Central Bank and the Bank of Italy have awarded the two the ability to provide connectivity to the Eurosystem Single Market Infrastructure Gateway (ESMIG) interface. It’s a 10-year concession that will enable the two companies to serve various market infrastructure projects across the continent going forward.
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