Colo Bytes: Powerhouse, Quantum Loophole, arc data centers, PAIX, maincubes

May 16th, 2024 by · Leave a Comment

Five items from the data center sector from this week to catch up with, three from the US, one from Europe, and one from the Red Sea:

Powerhouse Data Centers is moving into the Dallas-Fort Worth area. The division of American Real Estate Partners has acquired 50 acres in Irving-Las Colinas at 111 Customer Way. The plan is to build a 3-building, 1M square foot, 200MW data center campus on the site. The first powered shell could be ready by late 2025. Powerhouse also has new projects underway in Reno NV and Spotsylvania County VA.

Quantum Loophole has sold a 150 acre slot of its 2100+ acre data center campus in Frederick Maryland to an unnamed buyer. The deal follows closely on the signing of Maryland’s Critical Infrastructure Streamlining Act of 2024 last week, which clarified the use of backup generators on the scale needed by modern data center campuses. The deal indicates that Quantum Loophole’s plans may indeed be back on track.

Involta has rebranded itself for the AI era, and will now be known as ark data centers. The name derives from everyone’s need to prepare for the impending ‘flood’ of data from AI and other new technologies. We had arc data centers CEO Brett Lindsey here for an Industry Spotlight just a couple weeks ago to talk about the company’s plans.

The nation of Djibouti will be getting some new data center infrastructure. PAIX Data Centres and the Djibouti Sovereign Fund have formed a JV to build a new facility in Djibouti City. The plan calls for 50,000 square feet of net usable space and 5MW of critical power, with the first phase ready in 2026. Ten undersea cables land in Djibouti, making the Red Sea destination a growing international bandwidth hub.

And maincubes has picked up some green loan financing. It’s not new money, per se, but rather the addition of sustainability targets to the EUR 1B financing they raised in 2023. Financing conditions are now linked to those targets, which relate to energy efficiency, carbon footprint, and employee training. We had maincubes CEO Oliver Menzel here for and Industry Spotlight last autumn where he talked about plans for both financing and sustainability.

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Categories: Datacenter · Financials

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