EStruxture Data Centers Inc has acquired the Montreal Gazette‘s former printing facility. The investment, valued at $150 million, will result in the facility’s conversion into a data centre with 30 megawatts of power capacity. EStruxture, a Montréal-based network and cloud-neutral data centre operator, said the deal is part of its strategy to expand and acquire data centres across Canada. Earlier this year, eStruxture secured $80 million in financing from Canderel and Caisse de dépôt et placement du Québec and announced its first buy, Netelligent Hosting Services. The company is also backed by Fengate Real Asset Investments.
Acquisition of The Montreal Gazette’s former printing facility – Québec-based eStruxture Data Centers to open a new world-class facility in the heart of Montréal
MONTRÉAL, Dec. 6, 2017 /CNW Telbec/ – eStruxture Data Centers is proud to announce the acquisition of The Gazette’s former printing facility in Montreal, with plans to create a brand new, 30 megawatts power capacity data center. The $150 million investment will allow the Québec-based company to pursue growth, while providing its customers with a world-class infrastructure and unique proximity to downtown Montréal.
“As part of our strategy to expand and acquire data centers nationally, we are thrilled to breathe new life into this historic building, whose size and strategic location offer the perfect site to better serve the growing IT services industry in Montréal and around the world. The conversion of this printing facility is great news for Montreal as well as a compelling demonstration of the city’s transition to the digital economy”, said Todd Coleman, President and CEO of eStruxture.
The 156,000 square-foot building, located on Saint-Jacques St. in Notre-Dame-de-Grâce, was left vacant since The Gazette closed its facility in 2014. Upgrading and expansion work will begin immediately, with the new data center set to open in spring 2018. With 30 megawatts of power capacity – equivalent to a city of 25 000 homes – and a redundant fiber loop connecting the site to eStruxture’s existing downtown data center, it will become one of the most important data center facilities in the region.
Montréal Ideal Market
Montréal is a key market for data centers. The city’s unique assets played a crucial role in this business decision: access to clean and affordable energy, a cool climate that limits the amount of energy needed for cooling, a current flourishing digital ecosystem and a strong technology sector with many potential clients, among others.
“Montréal’s leadership as a digital hub and magnet for data centers is undeniable. International companies, especially from the United States, are increasingly establishing themselves in Montréal to meet their data center needs. We are proud to participate in this economic shift, which comes with job creation and new foreign direct investment”, said Todd Coleman.
This will be the second data center operated in Montréal by eStruxture, a company founded with the support of major Canadian investors including the Caisse de dépôt et placement du Québec, Canderel and Fengate Real Asset Investments.
“With the growth of e-commerce and the digital transformation underway in Québec, companies are facing a steadily rising need to efficiently process and store their cloud data. As such, we are pleased to see eStruxture deepen its roots in Montréal. These new facilities will help the company accelerate its growth in Québec and Canada,” stated Christian Dubé, Executive Vice-President, Québec at la Caisse de dépôt et placement du Québec.
World-class infrastructure: the $150 million investment will allow the conversion of the former printing facility into a Tier 3 data center with 30 megawatts of power capacity.
Strategic location: The new data center will become one of the most important data center facilities in the region.
For more information, visit mtl2.estruxture.com
eStruxture provides network and cloud-neutral data center solutions designed with the capacity, performance and flexibility to run modern, demanding enterprise applications, and the control to rapidly scale in response to unpredictable changes in business processes. Headquartered in Montreal, the company provides access to an ecosystem of over 850 customers that trust and depend on eStruxture’s infrastructure and radical customer support, including carriers, cloud providers, media content, financial services and enterprise customers. eStruxture offers colocation, private cloud, managed services, bandwidth and security and support services to customers.
For further information: Samuel Tremblay, TACT Intelligence-conseil, Cell. : 418-929-6664, firstname.lastname@example.org
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