Interxion to Build Fourth Data Centre in Stockholm and to Expand in Vienna
AMSTERDAM--(BUSINESS WIRE)--INTERXION HOLDING NV (NYSE: INXN), a leading European provider of cloud and carrier-neutral colocation data centre services, today announced that in response to continued customer demand, it will construct its fourth data centre in Stockholm (“STO4”), and further expand its VIE2 data centre in Vienna.
“Stockholm is the economic heart of the Nordic region and a strategic location for reaching northern Europe and the rapidly growing Internet economies of Russia and the Baltics. One of Interxion’s fastest-growing locations, it has strength in the digital media and cloud communities, and also in systems integrators”
In Stockholm, STO4 is expected to provide approximately 1,100 square metres of equipped space with approximately 1.5MW of customer power. It is scheduled to be operational in the second quarter of 2015.
“Stockholm is the economic heart of the Nordic region and a strategic location for reaching northern Europe and the rapidly growing Internet economies of Russia and the Baltics. One of Interxion’s fastest-growing locations, it has strength in the digital media and cloud communities, and also in systems integrators,” said David Ruberg, Interxion’s Chief Executive Officer.
The STO4 data centre is being constructed on Interxion’s Stockholm campus at Kista. Nearly 50 carriers and ISPs are currently available on the campus, which also has direct access to the Netnod Internet Exchange. The capital expenditure associated with the construction of STO4 is expected to be approximately €15 million.
In Vienna, Interxion will expand its VIE2 data centre by an additional two phases (“VIE2.3” and “VIE2.4”). The new facilities are expected to provide total incremental capacity of 1,600 square metres of equipped space and more than 3MW of customer power. VIE2.3 – approximately 700 square meters of space – is scheduled to open in the second quarter of 2015; VIE2.4 – approximately 900 square metres – is scheduled to open in the second half of 2015.
“In addition to serving domestic demand in Austria, Vienna is a gateway hub to eastern and southern Europe. As Austria’s leading connectivity-rich player, Interxion is experiencing strong demand from cloud service providers that are seeking to expand their capabilities,” said David Ruberg, Interxion’s Chief Executive Officer. “We are expanding VIE2 to meet this customer demand.”
The capital expenditure associated with the two expansion phases of VIE2 is expected to be approximately €17 million.
The anticipated capital spend in 2014 for STO4 and VIE 2.3/2.4 is included in the 2014 capital guidance previously provided by the Company.
Interxion (NYSE: INXN) is a leading provider of cloud and carrier-neutral colocation data centre services in Europe, serving a wide range of customers through 37 data centres in 11 European countries. Interxion’s uniformly designed, energy-efficient data centres offer customers extensive security and uptime for their mission-critical applications. With connectivity provided by more than 500 connectivity providers and 20 European Internet exchanges across its footprint, Interxion has created cloud, content, finance and connectivity hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com.
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the difficulty of reducing operating expenses in the short term, inability to utilise the capacity of newly planned data centres and data centre expansions, construction delays with respect to newly planned data centres and data centre expansions, significant competition, the cost and supply of electrical power, data centre industry over-capacity, performance under service-level agreements, and other risks described from time to time in Interxion's filings with the Securities and Exchange Commission. Estimates of capital expenditure and equipped space are approximate and may change. Capital expenditure reflects the total for the listed project at full power and capacity and may not be all invested in the current year. Interxion does not assume any obligation to update the forward-looking information contained in this press release.