GLP sets up fund to buy data center in China
Purchasing Tier III facility near Beijing
Purchasing Tier III facility near Beijing
Will spend the cash on lots of GPUs
Data center operator issues a big chunk of green bonds
Banks back Bain Capital's data center firm
Cash will benefit three projects, including 1GW Virginia site
Will help aid efficiency efforts in the city state
Chinese operator calls the banks
Bonds will mature in April 2030
Takes 50 percent stake alongside institutional investors
Undisclosed fee paid for consultancy that works with hyperscalers and colo providers
Targeting the data center company's mature business assets
Modular solution selected by AI lab
Comes as AI lab Mistral announces its first dedicated French cluster
Aims to build over 1GW of additional data center capacity
“Our positive outlook hasn't changed for data center demand growth"
Deal could close before the end of 2025
Current occupant of site will not extend lease
Some analysts fear IPO price was too high
But investor in company sees cause for optimism
First investment in Vnet's Taicang campus
Closes in on three hyperscale data center deals in the US
Could value business at $5 billion
Activist investor takes $5bn stake in manufacturing giant
Will create new ASX-listed company named DigiCo REIT