Stellium Datacenters announces
completion of £30 million
investment round
S
tellium Datacenters, which operates
one of the largest purpose-built
data centre campuses in the
United Kingdom and a fibre-optic ring in
Newcastle upon Tyne, has announced the
completion of a £30 million investment
by Tiger Infrastructure Partners and Eram
Capital Advisors.
The capital raise builds on the already
significant investment in Stellium’s data
centre campus in the Cobalt Business
Park and the metro area fibre network
in Newcastle. The capital will be used to
fund growth and accelerate fit-out of the
facilities. The campus is comprised of
three state-of-the-art data centre facilities
that have the power, scale and flexibility
to provide enterprise-level cloud services,
dedicated and co-location services, as
well as powered shell facilities that enable
customers to configure the data centre to
meet their own requirements.
The campus is constructed to BREEAM
Excellent and Outstanding Standards
and has an industry-leading power usage
effectiveness ratio of 1.2 with its own
dedicated significant power supply.
Since its launch in 2017, Stellium has
signed contracts with a number of
prominent customers who are currently
fully operational in its campus, with
more expected over the course of the
next 12 months.
Stellium is the principal cable landing
station for the new North Sea Connect
cable that will soon link the United
www.intelligentdatacentres.com
Noel Meaney, Chief Executive Officer
of Stellium, said: “This investment
further bolsters the position of Stellium
Datacenters as one of the most modern,
powerful facilities in Europe. With this
investment, we believe we are well
positioned to serve hyperscale and
wholesale companies looking to harness
the speed and resiliency of the newest
subsea network linking the United States,
United Kingdom and Europe, as well as
local customers who require data centre
services within the United Kingdom.
Newcastle City Council leader Nick Forbes
said: “Newcastle is a global city at the
heart of modern Britain and is now one
of the most exciting hubs in Europe for a
new generation of digital and technology
companies to base themselves and grow.
Stellium’s world class data centre campus
is a key component to growing the sector
further and at pace.
“The investment announced, along with
the confidence shown by Aqua Comms
in choosing Stellium as its primary UK
landing station to link the US with Europe,
is further evidence of the city’s burgeoning
reputation for supporting partnerships
to develop the skills which will create
thousands of jobs for future generations.” ◊
The recent investment follows the
decision by Aqua Comms, a leading
developer and operator of subsea fibre-
optic cable networks and its partners
to select Stellium as a vital hub for data
transmitted between the United States,
United Kingdom and Europe on the North
Atlantic Loop, its newest transatlantic
subsea fibre network.
Kingdom with Denmark. The North
Sea Connect cable will be part of the
North Atlantic Loop, a resilient system
of international subsea fibre cables that
includes the newest transatlantic cable,
America Europe Connect-2, that is currently
being built by Aqua Comms, connecting
New Jersey with Denmark. The subsea
fibre ring, the North Atlantic Loop, extends
also to the existing transatlantic cable
America Europe Connect-1 from New York
to Ireland and the soon-to-be complete
CeltixConnect-2 from Dublin to Blackpool.
“We look forward to partnering with
experienced data centre investors such
as Tiger Infrastructure Partners and Eram
Capital Advisors in our growth ambitions.”
Stellium also expects to support economic
growth and serve public and academic
institutions in the North East of England.
Noel Meaney, Chief Executive Officer
of Stellium
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