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Dupont Fabros

DuPont Fabros Building Big in New Jersey
June 11th, 2010 : Rich Miller
DuPont Fabros Technology (DFT) is making a big entrance into the New Jersey market with its NJ1 facility, which is 1,100 feet long and will be supported by 32 backup generators at completion. Read More
DuPont Fabros Hikes Its Dividend
June 3rd, 2010 : Rich Miller
Data center developer DuPont Fabros Technology (DFT) today raised the dividend on its common stock to 12 cents per share for the second quarter of 2010, an increase of 50 percent. Read More
DuPont Fabros Offering to Raise $304 Million
May 13th, 2010 : Rich Miller
DuPont Fabros Technology (DFT) said today that it expects to raise up to $304 million through a stock offering. The company priced 12 million shares at $23 per share. Read More
DuPont Fabros to Sell Stock, Build More
May 11th, 2010 : Rich Miller
DuPont Fabros Technology (DFT) moved today to secure funding that will allow it to complete huge data center projects in Virginia and Silicon Valley. The company will sell common stock, and has lined up an unsecured credit line for $85 million. Read More
Strong Leasing Activity for DuPont Fabros
May 6th, 2010 : Rich Miller
Data center developer DuPont Fabros Technology (DFT) reported impressive leasing during the first quarter, and says it has now completely filled the first phase of its Chicago-area data center. Read More
DuPont Lowers Guidance, Citing Debt Costs
December 14th, 2009 : Rich Miller
DuPont Fabros Technology (DFT) said late Friday that it has lowered its guidance for the fourth quarter and full year 2009, citing costs related to a restructuring ot the company's debt. Read More
DuPont Fabros Reveals Funding, New Leases
December 3rd, 2009 : Rich Miller
Data center developer DuPont Fabros Technology (DFT) said today that it has arranged a $150 million loan that will allow it to finish its huge ACC5 data center in Ashburn, Virginia, where it has leased additional space. The company also plans to sell $550 million in notes to build a huge data center project in New Jersey and repay existing debt. Read More
Strong Leasing Continues for DuPont Fabros
November 4th, 2009 : Rich Miller
DuPont Fabros Technology (DFT) has signed 12 leases in 2009 representing more than $700 million in contract value, gaining commitments for more than 187,000 square feet of data center space. The company reported four new leases in northern Virginia in yesterday's third quarter earnings report. Read More
DuPont Fabros CEO on Cramer’s ‘Mad Money’
October 1st, 2009 : Rich Miller
Hossein Fateh, the CEO of DuPont Fabros Technology (DFT), appeared on CNBC's "Mad Money" Wednesday with host Jim Cramer, who has apparently discovered the data center sector. Read More