Tuesday, October 17, 2017

Vantage Data Centers announces 15MW data centre while European Commission evaluates company sale

Campus in California to became one of the largest in America while provider goes under EU scrutiny over its sale.

Vantage Data Centers has announced that construction of a sixth building at its Santa Clara data centre campus is to kick off next week taking the development to 75MW of power by 2018.

Dubbed V5, the facility will join four current operating buildings and a fifth one currently under construction at the 18-acre campus.

The planned four-story V5 data centre will add 15MW of capacity to the campus in Santa Clara which currently boosts 51MW.

V5 is expected to be ready for customers beginning in mid-2018. In addition, Vantage said it will speed up the construction of its on-site substation by adding a third 50MW transformer to support the construction of the new V5 facility.

The new transformer will increase the substation’s total capacity to 150MW.

Vantage is also building a new V6 facility expected to come online in Summer 2017. The two-story V6 facility will add an additional 9MW of capacity.

Together, V5 and V6 will expand the capacity of Vantage’s existing Santa Clara campus from 51MW to 75MW of critical IT load.

Once works are finalised, the Santa Clara campus will provide more than 370,000 sqf of hosting space.

Vantage president and CEO, Sureel Choksi, said: “The addition of the new V5 and V6 facilities to our campus reinforces our commitment to providing the capacity our customers need to grow and expand in Santa Clara.

“We are very grateful for the continuing support of the City of Santa Clara and Silicon Valley Power (SVP) in helping us fuel continued expansion and innovation in the region.”

While the company’s expansion plans seem to remain untouched, Vantage has in the last few months made headlines over a potential M&A with Digital Bridge.

An European Commission document dated from February 11, shows the EC has received a notification for shares acquisition by the Public Sector Pension Investment Board (PSPIB, Canada) and Teachers Insurance and Annuity Association of America (TIAA, USA).

In the file the EC writes: “On 6 February 2017, the Commission received notification of a proposed concentration pursuant to Article 4 of Council Regulation (EC) No 139/2004 (1) by which the undertakings PSPIB and TIAA acquire within the meaning of Article 3(1)(b) of the Merger Regulation joint control of the undertaking Vantage Data Centers Holding Company (‘Vantage’, USA) by way of purchase of shares.

“(…)On preliminary examination, the Commission finds that the notified transaction could fall within the scope of the Merger Regulation. However, the final decision on this point is reserved.

“Pursuant to the Commission Notice on a simplified procedure for treatment of certain concentrations under the Council Regulation (EC) No 139/2004 (2) it should be noted that this case is a candidate for treatment under the procedure set out in this Notice.”

The review stage is expected to close on March 8.