One new fiber route, two data center financings, and some cooling technology:
Arelion has added another border crossing to its North American backbone. They have launched a diverse route between San Diego and Tijuana, adding a new PoP in the Mexican city. It’s the company’s tenth regional PoP in Mexico, from which it can offer connectivity back to Phoenix and Los Angeles as well. The expansion leverages 400G coherent pluggable optics and the latest generation open line systems. Arelion has been focusing investments along the US/Mexico border over the last couple years.
Cologix has raised new funds to support its next phase of growth. They have closed on a $525M asset-backed securitization backed by the company’s COL4 data center in Columbus, Ohio. They plan to use the funds to support ‘strategic investments across Cologix’s Scalelogix and Digital Edge portfolio’ in response for AI and cloud demand. Deutsche Bank took lead on the transaction.
STACK Infrastructure has raised a bundle of green financing down in Australia. They have lined up AUD$1.3B to help fund the next phase of development at the MEL01 campus in West Melbourne. The MEL01 hyperscale campus has two buildings, each with 36MW of capacity, on some 9 acres of land with a dedicated substation on site. The financing was underwritten by Deutsche Bank, MUFG Bank, Natixis, Oversea-Chinese Banking Corporation, and Société Générale.
And the US data center market has a new player in the world of chilled water cooling. German-based KROHNE says it will be dedicating a chunk of its annual production capacity toward demand from AI. KROHNE’s specialty is magnetic flow meters for industrial environments, a key piece of a growing part of the data center ecosystem. Next generation water-based cooling is how folks are achieving such high densities.
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