Wednesday, April 11, 2018

Telia Carrier connects Sabey Data Centers Seattle

Telia Carrier is now providing its 100G-enabled IP backbone and transmission network to Sabey Data Center Properties in Seattle.

Intergate.Seattle is Sabey Data Center’s flagship property and is the largest privately owned multi-tenant campus on the west coast. It is composed of two campuses, eight buildings and more than 1,373,000 square feet of data-center space.

“We are proud to partner with Sabey Data Center’s Intergate.Seattle campus. Our reliable network services enable Sabey to deliver the flexibility and capacity its customers need,” said Stephen Hartman, head of Telia Carrier’s North American Region.

Sabey Data Centers pulls in $675m in financing

Seattle-based Sabey Data Centers, which owns and operates data center campuses in Seattle, Ashburn (VA), Quincy (WA) and Wenatchee (WA), closed a $675 million financing package led by TD Securities, including a $425 million 5-year term loan and a $250 million 5-year revolver. 

The company said proceeds of the term loan will be used to refinance existing property-level debt into a corporate facility, while the revolver will be used to fund capital expenditures for data center development and strategic initiatives.  Sabey plans to expand its data center campuses in Northern Virginia as well as in Central Washington, which benefits from low power rates and a mild climate ideal for efficient cooling.