Company news
15/05/2008
TelecityGroup announces new €48 million data centre build in Paris
New facility will provide growth capacity in one of Europe’s largest data centre markets.Paris, 15 May 2008: TelecityGroup, the leading pan-European operator of network independent data centres, today announces that it will build a new data centre in Paris. Ongoing customer demand and overall utilisation in TelecityGroup’s existing facilities in Paris is high and the new data centre will ensure the Group continues to have growth capacity in one of Europe’s largest data centre markets. The new facility will be the Group’s 21st data centre in Europe and its third in the French capital.
Stephane Duproz, Managing Director of TelecityGroup France, commented:
“Customers are increasingly seeking large and resilient data centres to provide secure hosting and connectivity services. The continued growth of the internet economy and the evolving online needs of business both locally and internationally are combining to drive the increase in demand for high-quality data centres.”
The data centre is to be launched in phases from the second half of 2009 through to the second quarter of 2011 providing over 3000 square metres of net customer space. Overall data centre power will be approximately 14 megawatts (MW) and total customer power will be approximately 5 MW, with the ability to support high power density requirements of up to 20 kilowatts per rack. Subject to final planning permission for the site, which is expected towards the end of 2008, the Group will invest a total of €48 million in the project, which will be fully financed from existing bank facilities.
The new data centre is being designed to meet international standards ISO27001:2005 for information security management, and ISO 14001 which sets out a framework of essential elements for putting an effective environmental management system in place.
Michael Tobin, CEO of TelecityGroup, commented:
“The new facility in Paris will enable us to take advantage of the consistently strong new demand in the market and, at the same time, to support the increasing power, space and connectivity requirements of our existing customers so that they can continue to grow.”
For further information please contact:
Investors:
TelecityGroup:
Rob Coupland +44 (0)20 7001 0078
Media:
TelecityGroup:
James Tyler +44 (0)20 7001 0076
