Cologix to Invest Over $7B in Central Ohio for AI-Ready Data [...]

Cologix to Invest Over $7B in Central Ohio for AI-Ready Data Center Campus

📅 November 20, 2024 - 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 [...][... Check source for end of article ...]

Tags: Data Center

Reads: 159 | Category: General | Source: Hosting Jurnalist : Hosting Jurnalist | Author:
URL source: https://hostingjournalist.com/news/cologix-to-invest-over-7b-in-central-ohio-for-ai-ready-data-center-campus

Company: Cologix

Want to add a website news or press release ? Just do it, it's free! Use add web hosting news!

Related news

📅 Sep 19, 2025 - 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 [...]

📅 Jul 22, 2025 - 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 [...]

📅 Oct 26, 2024 - 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 [...]

📅 Aug 12, 2024 - 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 [...]

📅 Mar 27, 2024 - Coligix Adds Bandwidth IG’s Dark Fiber to Its Silicon Valley Data Center - Cologix enhances its SV1 Silicon Valley data center by integrating Bandwidth IG's dark fiber, boosting connectivity and interconnection ...