07/21/2024 What I Read Last Week
#DigitalInfrastructure news: IT Outage, CyrusOne, Crusoe, Tesla Megapacks, and more
Weekly Edition of curated news about Digital Infrastructure
You can say that [insert conspiracy theory here] was the cause of the Crowd Strike major IT outage this past week. Still, whatever it was, I think it was maybe just an early test - or warning for critical infrastructure companies to re-assess their plans.
Taking a quick loook at how digital infrastructure was impacted by the Crowd Strike bug….
Power Grid International reported:
The U.S. Department of Energy, utility regulators in Texas and Ohio, and a number of utilities have been impacted by a global technology outage involving the cybersecurity firm CrowdStrike.
…while Via Satellite reported that three major satellite operators said they were unaffected by the Microsoft outage on July 19 that created IT issues in multiple industries around the world and grounded flights.
Just a week after announcing a new $7.8 Billion in debt capital CryusOne continued momentum by announcing:
It has secured a $687.1 million Single Asset Single Borrower (SASB) CMBS loan for their DFW1 data center, the company’s inaugural CMBS issuance.
It broke ground on its newest data center in Germany (FRA7), strategically located on a 63,000 square meter plot at Frankfurt westside; a 73-hectare commercial and industrial mixed-use regeneration project managed by BEOS AG and Swiss Life Asset Managers.
It broke ground on its fifth data center campus in San Antonio.
[Link] Colt Data Centre Services buys land in Navi Mumbai for a suggested 100 MW, $1 billion data center development.
[Link] Crusoe is building a 200 MW data center at the Lancium Clean Campus near Abilene, Texas, in collaboration with Lancium. This AI data center is the first phase of a development plan to expand power capacity to 1.2 GW.
[Link] Bloom Energy and CoreWeave announced a partnership where Bloom will deploy its proprietary fuel cells to generate on-site power for CoreWeave at a high-performance data center owned by Chirisa Technology Parks in Volo, Illinois.
[Link] Texas-based Satoshi Energy has announced two significant commercial agreements to co-locate flexible data centers with operating wind farms in the ERCOT market in Texas. These agreements, totaling 327 MW of data center capacity, bring Satoshi Energy's total contracted capacity to 467 MW, with 70 MW currently operating, 397 MW under construction, and an additional 2,000 MW in development.
[Link] Tesla and Intersect Power announced a contract for 15.3 GWh of Megapacks, Tesla’s battery energy storage system, for Intersect Power’s solar + storage project portfolio through 2030.
[Link] Power grid optimization company Heimdall Power announced the closing of its $25 million Series B funding round. The round was co-led by international energy giant Orlen, Nordic cleantech fund NRP Zero, and the Steinsvik Family Office. The Heimdall Power Neuron is an innovative sensor device designed for monitoring high-voltage power lines, and is a key part of their solution for digitalizing and optimizing electric grids, enabling more efficient use of existing infrastructure and better integration of renewable energy sources.
[Link] Open Innovation AI and Nscale announced a strategic partnership designed to deliver AI Cloud services and optimised AI workloads at scale to the global market. The alliance will combine Nscale's GPU infrastructure with Open Innovation AI’s advanced end-to-end AI platform to deliver optimised, scalable, and efficient AI solutions.
[Link] Fresh off of aquiring US Cellular, T-Mobile is rumored to be buying a major Internet Service Provider — such as Fiber provider MetroNet.
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