45k user reviews & 1 million votes, over 29k web hosting brands & 85k plans since 2004!
X
Menu
WHTop → 📋 News → Data Center Firm Serverfarm Links $1.6B Credit to Sustainability Goals
Data Center Firm Serverfarm Links $1.6B Credit to Sustainability Goals
📅 - Data center infrastructure provider Serverfarm has completed a significant sustainability-linked loan (SLL) amendment to its $1.637 billion North American credit facility. The modification, supported by Manulife Investment Management, ties loan pricing directly to Serverfarm's environmental performance metrics. It reflects the company's broader commitment to sustainability as it expands its portfolio of hyperscale campuses and AI-optimized data centers across North America.
The new financing structure sets concrete environmental goals for Serverfarm, including a target of improving power efficiency by more than 15% by 2033. TD Securities serves as both the administrative agent and the [...][... Check source for end of article ...]
Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!
Related news
📅 - Serverfarm Expands Credit Facility to $1.637B for Hyperscale Growth - Global data center developer and operator Serverfarm has successfully expanded its North American credit facility, headed by TD Securities, to $1.637 billion. This expansion is a result of the companys rapid business development, which is supported by sizable long-term commitments from hyperscale clients.
While the North American market is severely limited for big, campus-scale near-term capacity, the need for high quality hyperscale colocation capacity for cloud and AI installations continues to grow globally. Delivering on these objectives quickly and at scale is made possible by the Serverfarm platform's award-winning design, construction, and operations teams, supply chain agreements, [...]
📅 - Serverfarm, IPTO Form JV to Develop Hyperscale Data Centers in Greece - Global data center operator Serverfarm and Greeces Independent Power Transmission Operator (IPTO) have announced a strategic collaboration to establish Gemini, a joint venture focused on developing hyperscale-ready data center facilities across Greece.
Under the agreement, Serverfarm and IPTO will combine their respective strengths to build state-of-the-art hyperscale data center campuses in Athens and other key locations. The first facility will be developed in the Greater Athens Area, featuring a committed power capacity of 130MW. This flagship campus will provide the foundation for a robust digital ecosystem, enabling cloud service providers, content delivery networks, and enterprises [...]
Manulife-backedServerfarm, a global developer and operator of data centers, has acquired two data center campuses in Houston, Texas, marking its first entry into the Texas market. These facilities, strategically located, would offer the potential for rapid expansion through sustainable upgrades to existing structures.
The acquisition would significantly enhance Serverfarm's colocation capabilities across the United States, meeting increasing demand for data center capacity in Houston. Financial terms of the deal were not disclosed.
📅 - Serverfarm Boosts Power Capacity at its LON1 Data Center - In response to significant client demand, international data center colocation provider Serverfarm is adding an additional 8MW of highly efficient IT capacity to its carrier-neutral LON1 data ...