Latest news with #dataCenter
Yahoo
10-07-2025
- Business
- Yahoo
Digital Edge Secures Financing to Complete Major Data Center Campus
SEOUL, South Korea, July 10, 2025 /PRNewswire/ -- Digital Edge (Singapore) Holdings Pte. Ltd. ("Digital Edge"), one of Asia's fastest-growing data center platforms backed by global infrastructure investor Stonepeak, today announced the successful close of a KRW 800 billion Green Loan to fund the development of SEL3, the second phase of its flagship 96-megawatt (MW) campus in the Seoul metropolitan area. This marks a major milestone in developing one of South Korea's largest commercial data center developments, first launched in 2022. The Green Loan was significantly oversubscribed, attracting strong support from a diverse group of Korean and international financial institutions. This is Digital Edge's second Green Loan in Korea, reinforcing the company's commitment to sustainable infrastructure development in the region. "We are pleased with the strong support from our lending partners across the region for this project," said Jonathan Walbridge, Digital Edge's Chief Financial Officer. "This financing demonstrates continued confidence in our platform and affirms our long-term commitment to building digital infrastructure responsibly and sustainably." Located in Bupyeong-gu, Incheon and adjacent to the company's SEL2, SEL3 will add 60MW of capacity and complete the full 96MW campus. Designed for high-density, scalable deployments, the campus caters to the growing needs of hyperscale and enterprise customers in Korea. Construction on SEL3 began in May 2025, with Ready-for-Service (RFS) targeted by Q4 2027. The project extends Digital Edge's strategic partnership with SK ecoplant, a leading local developer which also successfully delivered the SEL2 facility. SEL2, which reached Ready-for-Service in August 2024, is Digital Edge's first purpose-built hyperscale and AI facility in Korea. It has already secured strong leasing momentum from major cloud and digital platform customers, validating the company's strategic investment in the market. Andrew Pak, Country Manager for Digital Edge in South Korea, commented, "As one of the largest commercial DC campuses in South Korea, SEL3 reinforces Digital Edge's commitment to this country. We are delighted to work again with our partners at SK ecoplant to develop this highly energy efficient facility that helps realise the potential of cloud and AI in South Korea." The expansion reflects Digital Edge's broader strategy to power Asia-Pacific's digital transformation through infrastructure that enables sustainable growth across the region's most dynamic markets. About Digital Edge Headquartered in Singapore, Digital Edge is a trusted and forward-looking data center platform company, established to transform digital infrastructure in Asia. Through building and operating state-of-the-art, energy-efficient data centers rich with connectivity options, Digital Edge aims to bring new colocation and interconnect options to the Asian market, making infrastructure deployment in the region easy, efficient and economical. Backed by leading alternative investment firm Stonepeak, Digital Edge has established itself as a market-leading pan-Asia data center platform. The company provides data center and fiber services across nine countries in Asia Pacific, with more than 1.1GW of secured IT power. You can visit the company's website at View original content to download multimedia: SOURCE Digital Edge Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
10-07-2025
- Business
- Bloomberg
Malaysia's AI-Led Stock Rally Falters in Face of Trade Risks
An artificial intelligence-led rally that helped Malaysian stocks outperform regional peers last year is fast unraveling, with escalating trade risks seen to further dampen the market's appeal. Concerns are growing over the potential fallout from a US plan to restrict AI chip exports, which may undermine the country's burgeoning data center sector. Sentiment has also soured, with growth prospects clouded after President Donald Trump threatened to impose a higher tariff of 25% on Malaysia. That's weighed on the benchmark index, making it the worst-performing market in Southeast Asia after Thailand.
CNA
10-07-2025
- Business
- CNA
Huawei eyes incentives for Brazil data center investments
RIO DE JANEIRO :Chinese tech giant Huawei is interested in investing in Brazil's data center market but is waiting on the government to roll out a planned tax break scheme, an executive told Reuters on Wednesday. "We are completely interested (in investing)," Atilio Rulli, Huawei's vice president of public relations for Latin America and the Caribbean, told Reuters. "We want the government to implement these incentives, which are good for the country, and the time has to be now." A government plan to dole out tax breaks for tech investments in Brazil is set to be sent to Congress soon, a finance ministry adviser said last month. The Latin American nation, the region's No. 1 economy, is looking to establish a foothold in the fast-growing data center industry, pulling from its ample renewable energy. The country is already courting major investments from firms such as ByteDance, TikTok's Chinese parent company, Reuters has reported.
Yahoo
09-07-2025
- Business
- Yahoo
Will Growing AI Proliferation Drive Sustainable Growth for Celestica?
Celestica, Inc. CLS, with its comprehensive portfolio offerings, is well-positioned to gain from growing AI proliferation in the data center and edge infrastructure market. Per precedence research AI hardware market is expected to grow at a 22.4% compound annual growth rate and reach $210.5 billion by 2034 from $34.05 billion in 2025. Several industries, such as healthcare, finance, retail, automotive and aerospace, are rapidly incorporating high data-intensive AI applications. Growing complexity in AI workloads is driving demand for power-efficient and highly scalable hardware solutions that can seamlessly support AI innovation and is steadily expanding its offering through innovation and strategic collaboration to gain from this emerging market trend. The company's DS4100 is a 1U 800G per port top-of-rack, leaf/spine switch, designed with Broadcom's TH4-12.8T switch chipset, witnessing healthy traction in the data-center networking market. Its next-generation, 2U rackmount all-flash storage controller, powered by PYC Embedded 9004 series processors from Advanced Micro Devices, delivers superior performance for the most demanding enterprise application company expects that its extensive 800G Family of Networking Switches will be major growth driver in the long run. It includes Celestica's state-of-the-art DS5000 and D4100 switches that are optimized for AI/ML, Big Data Analytics and effectively support hyperscale data center and cloud computing applications. The company also recently introduced the ES1500 switch tailored for edge AI deployments and IoT expansion in smart campuses, healthcare and industrial sites. A broad portfolio of data communications and information processing infrastructure products allows the company to effectively match a wide range of use cases. Celestica faces competition from Jabil, Inc. JBL and Flex Ltd. is benefiting from healthy demand in the Capital Equipment, AI-related Cloud and Data Center Infrastructure verticals. The company recently announced a $500 million multi-year investment initiative in the Southeast U.S. region. The investment is focused on expanding manufacturing capabilities and workforce development for the cloud and AI data center infrastructure market. The strategic investment will strengthen Jabil's position in the AI hardware supply is witnessing solid demand across its data center, networking and automotive power electronics verticals. Its portfolio has less exposure to the hyperscaler infrastructure market. Flex's core focus is on industrial AI, robotics and automation. However, the acquisition of JetCool Technologies has improved its data center and power solutions to help hyperscale and enterprise customers address growing challenges related to power, heat and scalability in the AI era. Celestica's shares have gained 167.5% over the past year compared with the industry's growth of 96.4%. Image Source: Zacks Investment Research From a valuation standpoint, Celestica trades at a forward price-to-earnings ratio of 27.89, up from the industry average. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Celestica's earnings for 2025 and 2026 has remained unchanged in the past 60 days. Image Source: Zacks Investment Research Celestica currently carries a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Jabil, Inc. (JBL) : Free Stock Analysis Report Flex Ltd. (FLEX) : Free Stock Analysis Report Celestica, Inc. (CLS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
09-07-2025
- Business
- Globe and Mail
Netherlands Data Center Market Revenue to Reach $3.39 Billion by 2030 – Amsterdam Leads – Exclusive Research by Arizton
"Netherlands Data Center Market Research Report by Arizton" Get Insights on 135 Existing Data Centers Facilities across the Netherlands According to Arizton's latest report, the Netherlands data center market is expected to grow from USD 1.22 billion in 2024 to USD 3.39 billion by 2030, registering a strong CAGR of 18.49%. The country continues to solidify its role as a leading data infrastructure hub in Europe, to robust digital connectivity, renewable energy adoption, and rising demand for AI, 5G, and cloud services. Report Scope: Market Size (Investment): USD 3.39 Billion (2030) Market Size (Area): 556.0 Thousand Sq. Feet (2030) Market Size (Power Capacity): 139.0 MW (2030) CAGR - Investment (2024-2030): 18.49% Colocation Market Size (Revenue): USD 1.60 Billion (2030) Historic Year: 2021-2023 Base Year: 2024 Forecast Year: 2025-2030 Sustainable Energy Powers Data Center Growth in the Netherlands Sustainability is playing a major role in the growth of data centers across the Netherlands. The country aims to reduce emissions by 55% by 2030 and reach climate neutrality by 2050. Offshore wind contributed to 40% of total wind energy production in 2024, and investments in green hydrogen and circular economy practices are accelerating. According to the Dutch Data Centers Association, 99% of the energy used by member facilities now comes from renewable sources. Leading players such as Microsoft, AWS, and Google are raising the bar with their sustainability targets, prompting others to follow suit to remain competitive. For Instance, Google's 2025 agreement with Shell to source 100% of energy from the NoordzeeWind offshore wind farm highlights this trend. IoT and Big Data Fuel Next-Gen Data Center Growth in the Netherlands The rapid rise of IoT and big data is transforming the data center landscape in the Netherlands. As smart devices, industries, and cities generate massive volumes of data, demand for advanced storage and processing infrastructure continues to grow. With IoT market revenue expected to reach $8.70 billion in 2025 and climb to $12.50 billion by 2029, the Netherlands is emerging as a digital innovation hub in Europe. Moreover, Cities like Amsterdam and Eindhoven are leading the way with 5G, AI, and smart city solutions. Sectors such as healthcare and energy are adopting IoT to improve efficiency, from real-time patient monitoring to smart grid optimization. The growth of data-driven technologies is driving a parallel surge in data center investments across the country. Netherlands Strengthens Position as a Key Digital Gateway for Europe The Netherlands held a 2.8% share in the Europe data center market in 2024. The country offers a strategic, low-latency gateway to Europe with around 90% of the Dutch Data Center Association's member data centers powered by renewable energy Due to various space regulations and power-related challenges in Amsterdam, the Netherlands data center market has expanded beyond Amsterdam to include cities such as Rotterdam, Zwolle, Groningen, Almere, Hengelo, Eindhoven, and Eemshaven. According to a report by Cushman & Wakefield, the vacancy rate for data center space in the country dropped to 5% in 2025, down from 7% in 2024. The Dutch government is actively pushing the use of Dutch or local European-based tech companies by making exit plans for current systems that depend on U.S. technology. The ongoing expansion of submarine cable infrastructure is playing a transformative role in the Netherlands data center market in 2024. It had ten submarine cables operating in 2024, which include, Amerigo Vespucci, Atlantic Crossing-1 (AC-1), Circe North, COBRAcable, Concerto, Farland North, Iceni, Scylla, Ulysses2, and Zeus. Amsterdam Remains the Core of Data Center Investment in the Netherlands Amsterdam continues to lead the Netherlands' data center growth, accounting for approximately 82% of total investments made in 2024. As the country's digital and economic hub, the city offers world-class infrastructure, reliable power supply, secure facilities, and one of the most advanced telecommunications networks in Europe. With high-speed internet, extensive fiber connectivity, and multiple submarine cable landings, Amsterdam enables low-latency global data exchange. The presence of major cloud providers like Oracle Cloud and Microsoft Azure further reinforces its status as a prime location for cloud and hyperscale deployments. As digital transformation accelerates across the Netherlands, demand for AI, 5G, and cloud services is rising, making Amsterdam a natural focal point for infrastructure expansion. With over 53 operational and 11 upcoming data centers, including a newly announced facility by Heijmans in Haarlem, Amsterdam remains the country's top colocation hub and a key pillar of its digital future. Market segmentation & Forecast IT Infrastructure Server Infrastructure Storage Infrastructure Network Infrastructure Electrical Infrastructure UPS Systems Generators Transfer Switches & Switchgears PDUs Other Electrical Infrastructure Mechanical Infrastructure Cooling Systems Racks Other Mechanical Infrastructure Cooling Systems CRAC and CRAH Units Chillers Units Cooling Towers, Condensers and Dry Coolers Other Cooling Units General Construction Core & Shell Development Installation & Commissioning Services Engineering & Building Design Fire Detection & Suppression Physical Security Data Center Infrastructure Management (DCIM) Tier Standards Tier I & Tier II Tier III Tier IV Geography Amsterdam Other Cities Vendor Landscape IT Infrastructure Providers Arista Networks Atos Broadcom Cisco Dell Technologies Extreme Networks Hewlett Packard Enterprise Huawei Technologies IBM Lenovo NetApp Oracle Pure Storage Wiwynn Data Center Construction Contractors & Sub-Contractors Arup Benthem Crouwel Architects Deerns Dornan DPR Construction HDR Haskoning Heijmans Kirby Group Engineering Linesight Mercury RED Engineering Design Salute Turner & Townsend Winthrop Technologies Support Infrastructure Providers: ABB Alfa Laval Caterpillar Cummins Delta Electronics Eaton Guntner HITEC Power Protection Johnson Controls KyotoCooling Legrand Piller Power Systems Rehlko Riello UPS Rittal Rolls-Royce Schneider Electric Siemens Socomec STULZ Vertiv Data Center Investors AtlasEdge CyrusOne CapitaLand Data Facilities Data Centers Digital Realty Equinix EdgeConneX Global Switch Google Interconnect Services Iron Mountain Keppel Data Centres Microsoft NorthC NTT Data nLighten Switch Datacenters QTS Data Centers Yondr New Entrants CloudHQ Why Should You Buy This Research? Gain comprehensive insights into the Netherlands data center market, including market size, power capacity, and city-level investment trends. The report offers a detailed analysis of 124 existing and 11 upcoming facilities across 27 cities, covering colocation revenue forecasts, IT load capacity, and pricing trends through 2030. It also includes vendor profiles, infrastructure breakdowns, and a transparent methodology, making it a valuable tool for investors, operators, and industry stakeholders. Other Related Reports that Might be of Your Business Requirement Germany Data Center Market - Investment Analysis & Growth Opportunities 2025-2030 Russia Data Center Market - Investment Analysis & Growth Opportunities 2025-2030 What Key Findings Will Our Research Analysis Reveal? How big is the Netherlands data center market? What factors are driving the Netherlands data center market? How much MW of power capacity will be added across the Netherlands during 2025-2030? What is the growth rate of the Netherlands data center market? Which cities are included in the Netherlands data center market report? Why Arizton? 100% Customer Satisfaction 24x7 availability – we are always there when you need us 200+ Fortune 500 Companies trust Arizton's report 80% of our reports are exclusive and first in the industry 100% more data and analysis 1500+ reports published till date Post-Purchase Benefit 1hr of free analyst discussion 10% off on customization About Us: Arizton Advisory and Intelligence is an innovative and quality-driven firm that offers cutting-edge research solutions to clients worldwide. We excel in providing comprehensive market intelligence reports and advisory and consulting services. We offer comprehensive market research reports on consumer goods & retail technology, automotive and mobility, smart tech, healthcare, life sciences, industrial machinery, chemicals, materials, I.T. and media, logistics, and packaging. These reports contain detailed industry analysis, market size, share, growth drivers, and trend forecasts. Arizton comprises a team of exuberant and well-experienced analysts who have mastered generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.
