EdgeConneX has announced that it has secured $1.7 billion in sustainability-linked debt financing, including the company's first-ever Asset-Backed Securitization (ABS) and multi-currency term loan (ESG Term Loan). The company will reportedly use this to finance its growth and keep up with eve...
New Subsea Cable Landing Station in Virginia Beach
Two subsea cables that were recently completed is expected to drive data center building in Virginia Beach.
The MAREA transatlantic cable is the first subsea fiber-optic cable connection in the Mid-Atlantic, and the highest capacity subsea cable linking the U.S to Europe. The cable is a joint project between Facebook, Microsft, and Telxius.
The BRUSA cable landing in Virginia Beach is the first subsea fiber-optic cable connection between the Mid-Atlantic and South America.
NxtVn, a dutch data center developer, has proposed to develop a large data center park in Virginia Beach near the Corporate Landing Business Park.
Corporate Landing Business Park
In October 2017, Corporate Landing Business Park was been approved as a Dominion
Energy Certified Data Center Park. There are several data centers planned or under construction at the business park to support the subsea cable landings.