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Cologix Acquires Downtown Vancouver Colocation Data Center from Zayo
📅 - Data center company Cologix has acquired an interconnection facility from Zayo Group in downtown Vancouver, Canada, and plans to expand by another 50K square feet and 10 MW of power with the TOR4 hyperscale data center.
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📅 - Cologix Expands Toronto Presence with TOR4 Buyout and TOR5 Deal - Cologix is strengthening its position in the Canadian data center market with a pair of acquisitions in Toronto, underscoring growing demand for digital infrastructure in one of North America's most competitive technology hubs.
The Denver-based colocation and interconnection provider confirmed it has taken full ownership of TOR4, a hyperscale facility located in Markham, Ontario, by purchasing CIM Group's stake in the asset. The deal ends a joint venture between the two companies that was established to build and operate the site. Financial terms were not disclosed.
At the same time, Cologix is acquiring another CIM Group property, the 105 Clegg Road data center - known as TOR5 - also [...]
📅 - Cologix Secures $525M ABS to Expand AI-Ready Edge Data Centers - Cologix, a top provider of hyperscale edge data centers and network-neutral connectivity in North America, has concluded a $525 million USD asset-backed securitization (ABS) to fund its ongoing expansion into digital infrastructure. Cologix's COL4 data center in Columbus, Ohio, backs the secured notes, which have a set period of five years.
This deal is Cologix's fourth ABS issuance since 2021 and demonstrates the company's ongoing reliance on the asset-backed securities market to finance expansion. In order to meet the growing demand for inference AI and cloud workloads, the proceeds will be used to fund strategic investments throughout Cologix's ScalelogixTM and Digital Edge [...]
📅 - Cologix to Invest Over $7B in Central Ohio for AI-Ready Data Center Campus - Cologix, a prominent North American provider of network-neutral interconnection and hyperscale edge data centers, has unveiled ambitious plans to develop an AI-ready data center campus near Johnstown, Ohio. This move reflects a $7 billion investment aimed at meeting the surging demand for hyperscale and AI-ready digital infrastructure.
The project signals Cologix's commitment to advancing Central Ohios role as a critical hub for the digital economy while supporting the evolving needs of businesses leveraging AI, hybrid cloud, and next-generation connectivity solutions.
Spanning approximately 154 acres, the new campus will host eight cutting-edge data centers, offering 800MW of scalable [...]
📅 - Cologix Secures $1.5B for AI Data Centers across North America - Cologix, a leading North American provider of network-neutral interconnection and hyperscale edge data centers, has secured $1.5 billion USD in debt and equity financing to propel its next phase of strategic growth. The financing structure would support Cologixs expansion of AI-ready data centers across North America.
This funding, comprising $500 million USD in equity from both new and existing partners and a $1.0 billion USD revolving multi-asset development financing facility, equips Cologix with substantial capital to fuel expansion and new developments across key North American markets.
The substantial interest from investors, resulting in an oversubscription for both the debt and [...]
📅 - Consensus Core Partners with Cologix to Launch GPU-as-a-Service in Canada - Consensus Core, an AI cloud service provider, has selected Cologix, a major network-neutral interconnection and hyperscale edge data center colocation company in North America, to support its needs of AI technologies at Cologixs MTL10 Scalelogix colocation data center in Montral, Canada.
Through this partnership, Consensus Core will be able to introduce a brand-new GPU-as-a-Service (GPUaaS) with NVIDIA capabilities to the Canadian market, and the MTL10 colocation facility will become the central location for its high-performance AI workloads.
The CEO and co-founder of Consensus Core, Wayne Lloyd, stated that the company will supercharge AI in Canada as a registered member of the NVIDIA [...]
📅 - Data center company Cologix has acquired an interconnection facility from Zayo Group in downtown Vancouver, Canada, and plans to expand by another 50K square feet and 10 MW of power with the TOR4 hyperscale data center.
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