US data center firm DataBank has completed the expansion of a data center in Irvine, California.
The additional 24,000 square feet (2,200 sqm) of raised floor space and 4MW of capacity brings the facility’s total build-out to 57,700 square feet (5,360 sq m) and 8MW of critical IT power.
“Both of our Irvine data centers are ideal for companies that need robust data center performance,” said DataBank vice president of construction, Tony Qorri. “By providing Tier III facilities with redundant components and distribution paths, we can assure uptime for mission-critical IT environments.”
DataBank announced plans to expand the data center, known as SNA2 and located at 17400 Von Karman Avenue in Orange County, in April 2022.
DataBank operates two data centers in Irvine, both on Von Karman Avenue. Both were previously Latisys facilities which Zayo took over as part of the company’s $675 million acquisition in 2015; DataBank acquired Zayo’s zColo in 2020.
In June 2022, DataBank announced a significant recapitalization in which Swiss Lift Asset Management AG and EDF Invest would be acquiring 27 percent of DataBank from DigitalBridge for around $1.2 billion in cash from existing investors, including Digital Bridge. This increased to $1.5bn after Northleaf Capital Partners and Ardian joined the round, increasing the ownership to 35 percent. Investment Management Corporation of Ontario (IMCO) has also invested in the operator.
2022 saw DataBank acquire a data center it was previously leasing outside Denver, Colorado, and acquire four data centers in Houston, Texas, from CyrusOne for $670m.
The company also announced the expansion of its Las Vegas, Irvine, and San Diego data centers. It bought a former manufacturing site in Atlanta that it plans to turn into a 40MW data center and opened a sixth data center in Salt Lake City.
After raising around $1bn in secure notes across two raises in 2021, the company has raised another $1bn across two raises in 2023.