CyrusOne Inc.

08/03/2021 | News release | Distributed by Public on 08/03/2021 09:11

CyrusOne Expands European Footprint Beyond FLAP-D Markets with 21 MW Madrid I Site

MADRID, 03 AUGUST 2021: CyrusOne Inc. (NASDAQ: CONE), a leading global real estate investment trust (REIT), today announced the freehold purchase of a 5-acre site at a prime location in Alcobendas, Madrid, to build a new data center facility. This is the company's first planned European facility beyond the FLAP-D markets and will enable customers to rapidly scale digital transformation strategies by deploying critical infrastructure at the heart of this enterprise and emerging hyperscale market.

The brand-new data center, Madrid I, is designed to be a single two-story building with 21 MW of power capacity providing a total area of 6,000 square meters of state-of-the-art technical space. The facility will achieve BREEAM accreditation of 'very good', utilize 100% renewable energy, and generate 100 kW onsite through roof mounted solar PV panels. The design purposefully utilizes air-cooled closed loop chiller technology to limit water usage and employs water retention technologies such as rainwater recovery and low water requirement planting. Electric car charging points and bicycle storage will be provided on site, which is strategically located close to local public transport hubs.

'There has been a major acceleration of data center capacity in Spain over the last few years, and in 2020 Madrid was one of the fastest growing European markets,' said Matt Pullen, EVP and Managing Director, Europe at CyrusOne. 'Our investment in the region is another milestone on our European roadmap as we continue to expand our footprint across the continent to provide coverage, capacity and connectivity requirements to support our customers' ambitions.'

CyrusOne operates more than 50 high-performance data centers worldwide to provide customers with the flexibility and scale to match their specific IT growth needs. The company's European portfolio accounts for approximately 200 MW of power capacity across Frankfurt, London, Amsterdam, Paris and Dublin.

About CyrusOne

CyrusOne (NASDAQ: CONE) is a premier global REIT specializing in design, construction and operation of more than 50 high-performance data centers worldwide. The Company provides mission-critical facilities that ensure the continued operation of IT infrastructure for approximately 1,000 customers, including approximately 200 Fortune 1000 companies.

A leader in hybrid-cloud and multi-cloud deployments, CyrusOne offers colocation, hyperscale, and build-to-suit environments that help customers enhance the strategic connection of their essential data infrastructure and support achievement of sustainability goals. CyrusOne data centers offer world-class flexibility, enabling clients to modernize, simplify, and rapidly respond to changing demand. Combining exceptional financial strength with a broad global footprint, CyrusOne provides customers with long-term stability and strategic advantage at scale.

Safe Harbor

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