CyrusOne Breaks Ground on Largest Colocation Data Center in Dublin, Ireland
September 19 2019 - 9:00AM
Business Wire
New campus is CyrusOne’s first in Ireland, and
will open to customers in Q4 2020
CyrusOne (NASDAQ: CONE), a premier global data center REIT, has
celebrated breaking ground for its first data center campus in
Dublin, Ireland. Located in Grange Castle Business Park South, the
first phase of the advanced facility will be ready for occupation
in Q4 2020. When complete the site will have a total power of 74MW
and is already responding to customer requests for space.
Tesh Durvasula, CyrusOne’s President - Europe, hosted an event
this week to mark the beginning of construction for its new Dublin
I data center site, where guests included senior representatives
from local government, residents and industry leaders. Attendees
were offered a presentation which showcased the work CyrusOne is
undertaking for the development of Dublin I, as well as partnering
with Ireland’s most experienced data construction teams and the
company’s extensive efforts to ensure a sustainable build and to
preserve local wildlife.
Upon completion, the Dublin I campus will comprise three
separate two-story buildings, offering 360,000 square feet of
world-class data center space in one of Europe’s most coveted data
center locations. The site is the largest colocation data center
currently under construction in Ireland. The build will follow
CyrusOne’s Massively Modular® approach, designed to reduce the
time, complexity and cost associated with major data center builds,
increasing project efficiency.
The facility will be among the first CyrusOne data centers in
Europe to deploy closed loop chilled-water cooling. This highly
efficient system uses an air-cooled chiller technology with an
integrated compressor and condenser that cools the closed loop of
water, dramatically reducing water consumption during the cooling
process.
Additionally, the site supports CyrusOne’s goal of sourcing from
100% renewable sources with roof-mounted solar panels designed to
supplement the main power supply. The development will also boast
rejuvenated grassland areas, pollinator-friendly planting and a
habitat for amphibian wildlife. A ‘green wall’ around the site will
help make the buildings more energy efficient and act as carbon
sinks reducing carbon emissions.
“Ireland is an incredibly attractive place to do business, and
Dublin in particular has established itself as one of the world’s
thriving tech hubs,” said Tesh Durvasula, President - Europe,
CyrusOne. “The level of demand for spaces from enterprise customers
has been great, even in these early stages of construction.”
“We’ve made a clear commitment to expansion in Europe and
building our presence in Dublin sits at the center of this
strategy. Our modular approach, which enables us to build data
centers quickly and efficiently, is perfectly suited to such a
vibrant market where demand is expected to accelerate over time,”
concluded Mr. Durvasula.
About CyrusOne
CyrusOne (NASDAQ: CONE) is a high-growth real estate investment
trust (REIT) specializing in highly reliable enterprise-class,
carrier-neutral data center properties. The Company provides
mission-critical data center facilities that protect and ensure the
continued operation of IT infrastructure for approximately 1,000
customers, including more than 200 Fortune 1000 companies.
With a track record of meeting and surpassing the aggressive
speed-to-market demands of hyperscale cloud providers, as well as
the expanding IT infrastructure requirements of the enterprise,
CyrusOne provides the flexibility, reliability, security, and
connectivity that foster business growth. CyrusOne offers a
tailored, customer service-focused platform and is committed to
full transparency in communication, management, and service
delivery throughout its nearly 50 data centers worldwide.
Additional information about CyrusOne can be found at
www.CyrusOne.com.
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anticipated results and future events that are subject to the “safe
harbor” provisions of the Private Securities Litigation Reform Act
of 1995. All statements contained in this press release, other than
statements of historical facts, should be considered
forward-looking statements, including, without limitation,
statements about CyrusOne’s plans, objectives, expectations and
intentions, and any statement of an assumption underlying any of
the foregoing. These statements are based on current expectations,
estimates, forecasts and projections about the industries and
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cautioned that forward-looking statements are based on management’s
current expectations and assumptions and are subject to numerous
factors, risks and uncertainties which could cause our actual
results to differ materially and adversely from those expressed or
implied in any forward-looking statement. Factors that could cause
or contribute to such differences include, but are not limited to,
the Company’s ability to successfully develop the Dublin I site and
execute and integrate its broader expansion and development
initiatives in Europe. More information on the factors, risks and
uncertainties that could cause or contribute to such differences is
included in our filings with the Securities and Exchange
Commission, including in the “Risk Factors” and “Management’s
Discussion & Analysis” sections of our Annual Report on Form
10-K and in our subsequent Form 10-Q reports and other filings with
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David Baum CyrusOne@allisonpr.com 646.428.0620
CyrusOne (NASDAQ:CONE)
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