Digital Realty exec, Goldman Sachs launch Global Compute
The Merchant Banking Division of Goldman Sachs has invested half a billion dollars in a new data infrastructure company start-up, called Global Compute, which aims to build and buy $1.5 bn of properties internationally - starting in Poland.
Global Compute is a start-up company led by CEO and data industry expert and his executive data infrastructure management team. The enterprise will initially make headway in the rapidly growing Central and Eastern Europe data centre market following recent, regional acquisitions.
Earlier this month (October 19th) Global Compute acquired ATM S.A. (“ATM”), Poland’s most prominent data centre and communications infrastructure business. The world-class data centre assets are based in Warsaw and provide a communication infrastructure footprint, customer base and strong reputation in the market.
The initial investment injection by Goldman Sachs of $500mn will enable $1.5bn further near-term investments to be released to develop a presence in North America, Latin America, Asia Pacific and Europe. The company strategy is to grow and scale through organic development and further acquisitions, especially in regions where there is potential for data infrastructure growth.
Speaking of the Goldman Sachs alliance, Peterson said, “Goldman Sachs is the perfect partner for us as we pursue global investment opportunities in the data infrastructure space. Our combined global pedigrees and networks, together with GS MBD’s access to ample growth capital, will allow the Global Compute platform to not only serve the critical needs of our customers around the world, but also create and unlock value for our partners.”
He added, “Our initial investment in ATM S.A. is an ideal illustration of this collaboration. We are extremely enthusiastic about our partnership with Goldman Sachs enabling us to provide creative solutions for our global customers.”
Peterson’s experienced management team, which has specialised experience in data centre infrastructure, customer relations and capability management, will also concentrate on the growing colocation deployment, compute, storage, and connectivity requirements of the world’s biggest technology enterprises.
As the new CEO and co-founder of Global Compute, Peterson is best known for his previous role as CIO and co-founder of Digital Realty. With more than 18 years’ experience in the data centre industry, Peterson is also recognised for his dynamic attitude towards investment activity and leading $17bn of organic growth and M&A during his previous tenure. He is joined by , a former DLR co-founder, and , also a former senior DLR executive.
, Managing Director of Goldman Sachs, said the opportunity to invest in the data centre service industry was helping to meet a global demand in data storage. “We are incredibly excited about partnering with Scott and the Global Compute team. We see a tremendous opportunity in the data centre space driven by increasing computing and storage demand and we believe the Global Compute team, backed by the global resources of Goldman Sachs, is uniquely positioned to deliver world class solutions to meet that demand.”
NKG1 opens BDx Nanjing data centre campus
Big Data Exchange (BDx), a pan-Asian data centre company has launched its Nanjing data centre campus in China with the opening of its first facility, NKG1. The company said they “celebrated” the launch of the campus, located in the Yangtze River Delta, one of the nation's richest regions and its largest import and export base.
Following its certificate of completion from the Urban and Rural Construction Bureau of Jiangning District in Nanjing City, the NKG1 campus is “now serving customers”. Construction on the Nanjing campus began in February last year.
"We worked through the challenges of completing a major construction project during the peak of the pandemic because customers were anticipating this launch to support an unprecedented surge of growth and capacity requirements”, said Bill Gao, EVP & Chief Executive Officer of BDx Greater China.
"The launch of NKG1 enables BDx to have new world-class data centre infrastructure in China. It also lays a solid foundation for BDx to provide OTTs, financial services institutions, and Fortune 500 MNC customers with high reliability, high redundancy, and low latency solutions”, he added.
What does the NKG1 data centre include?
According to BDx, the NKG1 facility is the first data centre in the city to earn the Uptime Institute Tier III Certification of Design Documents and offers 4MW of IT power for colocation. NKG1 is powered by two separate 10-kilovolt feeders from two substations that aim to provide the NKG campus with 60MVA of total power sanctioned from the grid.
During COVID-19, BDx says that its design and construction team focused on safety to ensure that the project was completed safely and without incident. This enabled the company to add critical capacity to this region and respond to the accelerated shift to digital environments that caused a surge in demand for data center services. “Research shows that demand hasn't dropped as the economy reopens”, BDx said.
The launch of NKG2
Due to rising demand in China’s data centre market, BDx plans to launch the second phase of its Nanjing campus, NKG2, by the end of this year. “NKG2 is designed to be minimally manned and almost lights-out — a reigning philosophy across BDx's data center cluster. In addition, its highly automated features make for a more sustainable data center environment”, the company said.