T5 Data Centers announced in late December that it secured $55 million in order to fund a new Portland data center.
The new complex will consist of two buildings on a more than 2 million square-foot campus when fully completed. The project was delayed for more than a year, but initial construction began in September. The additional funding will allow T5 to accelerate the first phase of building, which is expected to be operational by summer 2015 and offer 3.5 MW of power. Once completely built out, the facility will support 12.5 MW of available power.
The Portland, Oregon data center site is located in the ‘Silicon Forest’ next door to a fabrication plant owned by Intel and a variety of other tech-related operations. The facility has obtained a Tier III certification and LEED Silver designation for data center sustainability from the U.S. Green Buildings Council. The building, which will use indirect evaporative cooling, has a projected annualized PUE of 1.3.
T5 chose to build their new facility in the Portland area because of the multiple industry benefits provided by the area. Oregon offers a variety of data center tax incentives, including significant sales and property tax advantages, as well as readily available sustainable energy sources.
“Portland continues to be one of the most desired data center markets in the United States with its access to clean and reasonably priced energy, its limited natural disaster risk, its prolific network connectivity and its skilled labor force,” said Tom Westdyk, group head and MD of CIT Corporate Finance, which arranged the credit.
T5 operates multiple facilities in the U.S., including an Atlanta data center, a New York data center, and a large scale Colorado data center park that offers 100 MW of available power.
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