Continued Demand Drives New Expansion Projects
AMSTERDAM--(BUSINESS WIRE)--Feb. 23, 2017--
INTERXION HOLDING NV (NYSE:INXN), a leading European provider of carrier
and cloud-neutral colocation data centre services, today announced that
in response to continued customer demand, it will construct additional
data centres in Frankfurt, London, and Stockholm.
“Connectivity remains the cornerstone of our business model and is
driving growth in multiple target market segments across our
Pan-European footprint as demonstrated by the three new data centre
builds that we are announcing today,” said David Ruberg, Interxion’s
Chief Executive Officer. “Demand in Frankfurt remains robust, and
Interxion’s campus in the city is among the world’s most highly
connected. We continue to attract cloud platforms together with
connectivity providers, content providers and enterprises to these data
centres. Customer interest for our services in London has continued
since last summer’s Brexit vote. Interxion’s campus in Central London
has developed strong communities of interest in the financial services,
digital media, and connectivity segments, and this new data centre will
enable Interxion to further enhance these vibrant communities.
Stockholm, the market with the highest connectivity concentration in the
Nordics, is a leading location for technology innovation and data
content and serves as a transit city to Eastern Europe and Russia. We
continue to experience strong demand in Stockholm, driven by systems
integrators, cloud, digital media and connectivity segments.”
Interxion will construct its twelfth data centre (“FRA12”) on its
Frankfurt campus. FRA12 is expected to provide approximately 1,100
square metres (“sqm”) of equipped space and a total of approximately 2
MW of customer available power. The capital expenditure associated with
FRA12 is expected to be approximately €19 million. FRA12 will be
constructed in a single phase that is scheduled to become available in
4Q 2017 and will supplement FRA11, which is also scheduled to become
available starting in 4Q17. A total of 5,900 sqm of equipped space is
being constructed across the two new data centres in Frankfurt.
In London, Interxion will build its third data centre (“LON3”) on its
Brick Lane campus. LON3 is expected to provide approximately 1,800 sqm
of equipped space and a total of approximately 3 MW of customer
available power. LON3 will be constructed in a single phase that is
scheduled to become available in mid-2018. The capital expenditure
associated with LON3 is expected to be approximately €35 million.
In Stockholm, Interxion will construct its fifth data centre (“STO5”) on
its existing campus. STO5 is expected to provide approximately 2,200 sqm
of equipped space and a total of approximately 3.5 MW of customer
available power when fully built out. STO5 will be constructed in three
phases. The first phase, which will provide approximately 600 sqm of
equipped space and nearly 1 MW of customer available power, is scheduled
to be available in 3Q 2017. The capital expenditure associated with STO5
is expected to be approximately €29 million.
Interxion will be reporting its 4Q and full year 2016 results on 1 March
2017. The company expects to provide, among other disclosures, capital
expenditure guidance for 2017 that will include the anticipated 2017
investments for these three data centres.
About Interxion
Interxion (NYSE:INXN) is a leading provider of carrier and cloud-neutral
colocation data centre services in Europe, serving a wide range of
customers through 44 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 over 600 connectivity providers, 21 European Internet exchanges,
and most leading cloud and digital media platforms across its footprint,
Interxion has created connectivity, cloud, content and finance hubs that
foster growing customer communities of interest. For more information,
please visit www.interxion.com.
Forward-looking Statements
This communication contains forward-looking statements that involve
risks and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events could
differ materially from those anticipated in such forward-looking
statements. Factors that could cause actual results and future events to
differ materially from Interxion’s expectations include, but are not
limited to, the difficulty of reducing operating expenses in the short
term, the inability to utilise the capacity of 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, certain other risks detailed
herein and other risks described from time to time in Interxion’s
filings with the United States Securities and Exchange Commission.
Interxion does not assume any obligation to update the forward-looking
information contained in this report.
View source version on businesswire.com: http://www.businesswire.com/news/home/20170223005617/en/
Source: Interxion Holding N.V.
Interxion Holding N.V.
Investor Relations:
Jim Huseby, +1
813-644-9399
IR@interxion.com
