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Herndon data center development company acquired by Stockholm firm
Herndon-based data center development company EdgeConneX announced Thursday the closing of its acquisition by Stockholm-based EQT Infrastructure from an investor group led by Providence Equity Partners. Financial terms of the deal were not disclosed. The companies received regulatory approval for the definitive agreement that was first announced Aug. 19. The acquisition by EQT Infrastructure wil[...]
A large data center could have $50M annual impact on SWVA, study finds
Southwest Virginia is well-positioned for data centers and a large data center could result in more than 2,000 jobs and $50 million in annual economic activity, according to the Project Oasis study conducted by OnPoint Development Strategies and released Monday by InvestSWVA. Due to its land availability, geothermal cooling opportunities and workforce readiness and development, […]
Texas company starts building second data center in Ashburn
Plano, Texas-based data center infrastructure company Aligned Energy LLC has started construction on its second data center in Loudoun County’s Ashburn area, the company announced Tuesday. Aligned finished construction on its first 370,000-square-foot, 60-megawatt data in 2019. The new data center will add 513,000 square feet and 120 megawatts to the existing campus. “The first […[...]
The ‘stress test’ for data centers
The internet hasn’t blown up — yet. But the primary data center hub of the world — Loudoun County — where more than 70% of all internet traffic passes through the county’s Ashburn area, has seen a 50% spike in daytime broadband consumption since the coronavirus crisis began, says Buddy Rizer, Loudoun County’s executive director […]
Ashburn data center company announces $2B European expansion
Santa Clara, California-based data center campus company Vantage Data Centers, which opened an Ashburn location in 2019, will expand in Europe through a $2 billion investment, the company announced Monday. Vantage will acquire data center company Etix Everywhere SA, which has a data center campus in Frankfurt, Germany. Vantage will develop data center campuses in […]
Va.’s data center industry provided $4.5B in economic output in 2018
In 2018, Virginia’s data center industry directly provided approximately $4.5 billion in economic output and employed more than 14,000 people, according to a study released Wednesday commissioned by the Northern Virginia Technology Council’s Data Center and Cloud Committee. Despite the economic impact, however, Virginia’s data center incentive structure is one of the most restric[...]
