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Digital Realty develops and operates a global cloud- and carrier-neutral data center platform for colocation, interconnection, hyperscale deployments and enterprise data infrastructure. Company updates commonly cover PlatformDIGITAL, Pervasive Datacenter Architecture, data-center capacity, customer connectivity, operating workforce development and the infrastructure needs tied to cloud, AI and data-intensive applications.
Recurring news themes also include financial results, capital-structure activity, private-capital funding for hyperscale data centers, strategic fund management, and geographic expansion across major data-center markets. Recent company announcements have addressed U.S. hyperscale data center funding and new or expanded market presence in Southern Europe and the Mediterranean region.
On January 14, 2021, Interxion, a Digital Realty Company (NYSE: DLR), announced a partnership with PCCW Global to establish the termination and interconnection of the PEACE subsea cable system at its MRS2 data centre in Marseille, France. This 15,000 km high-speed cable will enhance connectivity between China, Europe, and Africa, linking multiple locations and offering low-latency access to over 160 connectivity providers. The collaboration strengthens Marseille's position as a digital hub and enhances Digital Realty's PlatformDIGITAL® infrastructure, offering enterprises improved resilience and performance.
Digital Realty (NYSE: DLR) announced its relocation of corporate headquarters from San Francisco to Austin, Texas, enhancing its Texas presence and ability to serve a global customer base. The company has over 30 data centers in Texas, covering 4 million square feet and providing over 100 megawatts of capacity. The move capitalizes on Texas's central location, affordable living, and a skilled workforce, aiming for long-term growth. Digital Realty also expanded colocation capacity in Dallas and plans to power 70% of its Texas portfolio with renewable energy by mid-2021.
Digital Realty (NYSE: DLR) appointed Don Freese as Chief Information Security Officer, effective January 13, 2021. He brings over 30 years of experience in cybersecurity, having served at the FBI and PwC. Freese will oversee the company's information security programs, enhancing data confidentiality and integrity. His leadership aims to strengthen Digital Realty's cybersecurity posture amid evolving threats. The company emphasizes its commitment to secure data practices as foundational to supporting customer growth.
Digital Realty (NYSE: DLR) announced the redemption of all its outstanding 2.750% notes due 2023, with a total principal amount of $350 million. The redemption will take place on February 4, 2021, as per the indenture dated June 23, 2015. Investors will receive the par value, a make-whole premium, and accrued interest until the redemption date. Wells Fargo Bank serves as the trustee and paying agent.
Digital Realty (NYSE: DLR) announced the pricing of €1.0 billion aggregate principal amount of 0.625% Guaranteed Notes due 2031. The Notes will be senior unsecured obligations, fully guaranteed by Digital Realty and its operating partnership. Interest will be payable annually, starting January 12, 2021, with a maturity date of July 15, 2031. Proceeds from the offering are intended to finance green projects, repay outstanding borrowings, or fund other corporate purposes. The offering is conducted outside the U.S. under Regulation S of the Securities Act.
Digital Realty (DLR) announced the release of its fourth-quarter 2020 financial results scheduled for February 11, 2021, after market close. The company will conduct a conference call at 5:30 p.m. EST to discuss these results, with participation details provided for domestic and international callers. A live webcast will also be available on their investor relations website. This announcement is significant as it indicates Digital Realty's ongoing commitment to transparency and communication with investors.
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Digital Realty (NYSE: DLR) has released version 1.5 of its Data Gravity Index DGx™, expanding from 21 to 53 global metros. This index assesses enterprise data growth across 23 industries, highlighting that sectors like banking, manufacturing, and insurance will face significant data gravity challenges. Key cities like Jakarta and Singapore are predicted to experience the fastest growth in data gravity intensity. The findings aim to guide enterprises in developing data-centric architectures amid ongoing digital transformations.
Interxion: A Digital Realty Company has initiated construction of its third data centre in Denmark, which is set to be developed in three phases. The facility will offer nearly 7,000 square metres of space and over 14 megawatts of capacity upon completion. The first phase is expected to deliver approximately 2,300 square metres by the first half of 2022. This strategic expansion at the Copenhagen campus enhances access to global connectivity, enabling customers to reach 80% of Europe’s GDP in under 25 milliseconds.
Interxion, a Digital Realty Company (NYSE: DLR), is on track to achieve a carbon neutral footprint for its French data centres by the end of 2020. This initiative supports a broader sustainability commitment to reduce direct emissions by 68% and indirect emissions by 24% by 2030. Interxion has reduced CO2 emissions by 20% annually since 2014 while increasing IT capacity by 14%. The company plans to implement high-efficiency cooling solutions and has invested in projects to offset its carbon footprint.