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-   -   Interxion Invests EUR 40 Million in Datacenter Space (http://www.webhosting.info/news/1/interxion-invests-eur-40-million-in-datacenter-space_0912078640.htm)

12th September 2007 02:54 PM

Interxion Invests EUR 40 Million in Datacenter Space
 
Interxion, a provider of premium carrier-neutral datacenter and managed services in Europe, earlier this week announced that it is investing an additional EUR 40 Million in the next phase of its datacenter expansions across Europe adding approximately 5,000 sqm of net sellable space. This brings the total committed Interxion footprint expansion in 2007/2008 to 13,000 sqm of net sellable space.

To finance this expansion plan, the company claims to have successfully secured an additional EUR 30 Million flexible credit facility with Fortis Amsterdam, acting as Arranger, and Rabobank. This brings the total credit facility available to Interxion up to EUR 62.5 Million. The new datacenter space will be facilitated in London, Frankfurt, Madrid, and Brussels. Expansions in London, Madrid and Brussels will be available as soon as Q1 2008. The new datacenter in Frankfurt, which will be the fifth Interxion datacenter in the city, is planned to be operational in Q3 2008.

"As part of our long-term growth plan, and in a drive to meet increasing customer demand, Interxion is further expanding its datacenter footprint across Europe, adding 5,000 sqm to the previously announced 2007 expansion of 8,000 sqm, from which some 60% is already sold out. Following continued increase in demand for datacenter services in 2007, Interxion is on track to continue to deliver strong year-on-year revenue growth. With this investment, Interxion is best positioned to be the company of choice to guarantee uninterrupted growth for our customers," said Anthony Foy, Group Managing Director of Interxion.


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