Ascenty kicks off the construction of five more data centers in Brazil
In full-fledged expansion, the largest data center company in Latin America just announced the approval of a new credit facility of USD 925 million to expand its operations.
Ascenty, the largest provider of Data Center services in Latin America, announced the initiation of the construction of five new data centers, now totaling 27 units distributed across Brazil, Chile and Mexico.
The new facilities are Hortolândia 5 and 6, and Sumaré 3, 4 and 5, in the state of São Paulo, with energy capacity of approximately 25 MW each. Ascenty already has anchor clients contracted in each unit.
With a total capital investment of USD 250 million, the new data centers are being built in campuses where the company already operates. “Our strategy of building a data center campus is very positive, not only in terms of cost efficiencies and concentrating the workforce, but also in meeting our clients’ expansion needs at these sites,” said Marcos Siqueira, Ascenty’s VP of Operations.
The company continues to rely on equity investments from its shareholders; Digital Realty, the world’s largest data center network, with 280 data centers based in America, Europe, Asia and Oceania, and Brookfield Infrastructure Partners, a Canadian asset management firm with solid experience in the Brazilian market.
Of the company’s new data centers, Hortolândia 5 and Sumaré 3 are expected to go live in the first half of 2022; Hortolândia 6 and Sumaré 4 in the 1st half of 2023; and Sumaré 5 in 2024.
New funding
Ascenty also announced a new credit facility of USD 925 million to accelerate its operations in Brazil.
This new capital is to be used to expand existing data centers and build new ones in the Brazilian market, besides expanding the proprietary fiber-optic network, which currently covers 5,000 km and interconnects all of the company’s data centers to the submarine cable stations in Praia Grande (SP), Fortaleza and Rio de Janeiro.
The new credit facility was arranged and led by Citibank, ING, Itaú, Natixis, and Scotia Bank, and it also included the following additional lenders: Banco do Brasil, BNP Paribas, Credit Agricole, Deutsche Bank, EDC and SMBC.
“The services for data center services in Brazil continues to grow rapidly and we are increasing our investments in the country to keep up with the robust demand” said Chris Torto, CEO of Ascenty.
About Ascenty
Ascenty, a Digital Realty and Brookfield company, is the largest connectivity and data center service provider in Latin America, currently managing 27 data centers in operation and/or construction in Brazil, Chile and Mexico, interconnected by 5,000 km of proprietary fiber-optic network. The company was established in 2010 and builds and operates world-class data centers serving the world’s largest cloud and technology providers, as well as other customers in the finance, retail, industrial, healthcare and service industries. To support the company’s expansion, Ascenty is backed by its shareholders which include Brookfield Infrastructure Partners, a Canadian asset management company and Digital Realty, the world’s largest data centers provider with 280 data centers located in North America, Europe, Latin America, Asia and Australia. To learn more about Ascenty, go to: http://www.ascenty.com
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