Interxion, one of the larger providers of carrier-neutral data center space and managed services in Europe, announced last week that it will invest an additional $55 million (40 Million Euros) in the next phase of its data centre expansions across Europe adding approximately 54,000 square feet (5,000 square meters) of net sellable space. This brings the total committed Interxion footprint expansion in 2007-2008 to 13,000 square meters (140,000 square feet) of net sellable space.
To finance the additional expansion plan, Interxion said it has arranged an additional EUR 30 Million ($41.6 million U.S.) credit facility with Fortis Amsterdam and Rabobank. This brings the total credit facility available to Interxion up to EUR 62.5 Million ($86.7 million). The new data centre space will be located in London, Frankfurt, Madrid, and Brussels. Expansions in London, Madrid and Brussels, and will be available as soon as the first quarter of 2008. The new data centre in Frankfurt, which will be the fifth Interxion data centre in the city, is planned to be operational in Q3 2008.
"As part of our long-term growth plan, and in a drive to meet increasing customer demand, Interxion is further expanding its data centre footprint across Europe, adding 5,000 square meters to the previously announced 2007 expansion of 8,000 square meters, from which some 60% is already sold out," said Anthony Foy, Group Managing Director of Interxion. "Following continued increase in demand for data centre services in 2007, Interxion is on track to continue to deliver strong year-on-year revenue growth. With this investment, Interxion is best positioned to be the company of choice to guarantee uninterrupted growth for our customers."
With 22 data centres across Europe, Interxion supports more than 1,000 customers including enterprises, systems integrators, Internet Service Providers, hosting and telecommunications companies. In Interxion data centres customers have access to 15 major European Internet exchanges and 460 ISP/Carrier networks.