DuPont Fabros Technology (DFT) hopes to complete leasing of its new data centers in Chicago and Virginia by the middle of 2010, the company said today.
The Obama administration's stimulus package will drive "an enormous amount of new data center demand," according to Hossein Fateh, the president and CEO of Dupont Fabros Technology (DFT).
The Obama administration's stimulus package will drive "an enormous amount of new data center demand," according to Hossein Fateh, the president and CEO of Dupont Fabros Technology (DFT).
DuPont Fabros Technology (DFT) has identified Net2EZ Managed Data Centers as one of the companies that has leased space at its ACC5 data center in Ashburn, Virginia.
A creative loan restructuring by DuPont Fabros (DFT) frees up $150 million and shifts the company's next major debt repayment from December 2009 to August 2011. The company's shares soar 36 percent.
DuPont Fabros Technology (DFT) said it has borrowed $180 million within the last week, and is using the money to pay off a key loan and resume construction on its ACC5 facility in Ashburn, Virginia.
Data center developer DuPont Fabros Technology (DFT) said today that it has halted construction at data center projects in New Jersey and Virginia after it failed to arrange additional financing.
DuPont Fabros Technology (DFT) said it is seeking to borrow an additional $150 million to complete construction on major data center projects in New Jersey and northern Virginia.
