09 January 2018
| Jason Mcgee-Abe
Interxion announces new expansion projects in seven cities across Europe in response to customer demand.
The European provider of carrier and cloud-neutral colocation data centre services will construct its third data centre in Madrid (MAD3), add a second data centre in Brussels (BRU2), and expand existing facilities in Amsterdam, Paris, Copenhagen, Stockholm, and Vienna.
“The increased pace of cloud adoption combined with an improving economy in Europe continues to drive broad-based demand for our colocation services across our entire footprint,” said David Ruberg, Interxion’s chief executive officer.
“With continuing demand from multiple communities of interest, these investments will allow us to meet the needs of our expanding customer base by adding approximately 15,500 sq m of equipped space. When combined with previously announced expansion projects, Interxion now has active expansion projects across its entire 11 country footprint totalling over 33,000 sq m which will increase the company’s equipped space by over 25% compared to the end of Q3 2017.”
Interxion has also added to its land bank in Amsterdam and exercised its option to acquire the MAD3 property. Interxion will fund these expansion projects through a combination of existing and internally generated cash together with committed credit facilities.
In Amsterdam, Interxion will complete the remaining four phases of AMS8, totalling approximately 5,300 sq m of equipped space and 10MW of customer-available power when fully built out. The first two phases are scheduled to open in Q4 2018, with the final two phases in Q1 2019. The capital expenditure associated with the remaining phases of AMS8 is expected to be approximately €63 million. In addition, Interxion has added to its land bank by acquiring approximately 22,000 sq m of land adjacent to AMS8 together with the associated power.
In Brussels, Interxion will add BRU2 which includes approximately 1,000 sq m of equipped space and 1 MW of customer available power. The new facility is scheduled for availability in Q1 2018, and connects directly via dedicated fibre to the existing facilities at BRU1, providing access to over 100 connectivity providers, and the BNIX, NL-ix, AMS-IX, LINX, and DE-CIX internet exchanges. Capital expenditures associated with BRU2 is expected to be approximately €3 million.
In Copenhagen, Interxion will expand CPH2, with 900 sq m scheduled to open in Q2 2018 and 600 sq m in Q1 2019. The capital expenditure associated with these builds in CPH2 is expected to be approximately €18 million.
In Madrid, Interxion will construct its third data centre in a single 2,500 sq m phase with 5MW of customer available power when fully built out. MAD3 is close to Interxion’s existing campus on land that Interxion intends to purchase in Q1 2018 and is expected to open in Q2 2019. MAD3 will be connected redundantly to the existing and proprietary campus fibre ring, providing access to over 80 carriers, ISPs, CDNs, and the ESpanix and DE-CIX Internet exchanges. Capital expenditures associated with MAD3, including the property purchase, is expected to be approximately €44 million.
In Paris, Interxion will complete the remainder of PAR7.2 by adding an additional 2,000 sq m of equipped space and 4MW of customer available power as well as upgrading the existing PAR7 power infrastructure. The new space is scheduled to open in Q1 2019. The capital expenditure associated with the incremental Paris expansion is expected to be approximately €44 million.
In Stockholm, Interxion will expand STO5 in two phases that will add approximately 400 sq m in Q2 2018 and 800 sq m in Q1 2019. The capital expenditure associated with the remaining phases of STO5 is expected to be approximately €18 million.
In Vienna, in addition to the 1,600 sq m currently under construction and scheduled to be delivered by Q3 2018, Interxion will add a further approximately 2,000 sq m scheduled for delivery by Q3 2019. The capital expenditure associated with the incremental capacity is expected to be approximately €40 million.
The news comes after Interxion unveiled its initial European data centre expansion plans back in August 2017, which was centered on constructing new data centres in Frankfurt (FRA13), Marseille (MRS2), and further expanding in Vienna.
In other Interxion news, later this month, Interxion CFO, Josh Joshi, is set to resign as of 31 January 2018 due to personal reasons.