Blackstone & QTS to spend $8bn building new data centers, as investor prepares for “once in a generation” AI boom
Has already spent $1bn on buying land for AI land grab
Has already spent $1bn on buying land for AI land grab
QTS likely behind ‘Project Cobra’
Blackstone-owned company refinances four data centers
Latest large-scale development the company is involved with
After buying land in Arizona and the Netherlands
Gets 400 acres in Arizona, on top of existing 85 acre data center campus
Company looking to add 80-acre development to Henrico County facility
Company looking to add second floor to existing building and add second adjacent building
Company says new announcement will take it to 90 percent renewable energy, with plans underway to reach 100 percent by 2025
Blackstone-owned company files to add two-story building totaling 90,000 sq ft
Social network expanding beyond its own Prineville campus in the state, though QTS needs to source the renewable energy it desires first
2021’s biggest data center deal now complete
Deal to close in coming days and take QTS private after nine years as a public company
Data center firm couldn’t find an alternative bid during 40 day period
WSJ reports the deal is set to be officially announced soon
Company now has eight facilities sourcing renewables to power operations
The new data center joins a 200MW sibling facility nearby
4.5MW switched on in the first of five buildings
Matt N. Thomson Jr hired to take over
Due to the Covid-19 economic downturn
Expanding in Hillsboro
Data Center Alley giants don't want the Atlantic Coast Pipeline, they want renewables
And it's going to cost them another $15 million to recommission the data centers
Deal will supply the facility with wind power for the next 10 years
Plus the company has bought land in Arizona and Oregon
That’s a lot of land for a lot of data centers
The former chip plant was converted into a data center in 2014
Has been installing them for the last year and a half