18 Jul, 2019, 06:30 ET
SÃO PAULO, July 18, 2019 /PRNewswire/ -- Digital Realty (NYSE: DLR), a leading global provider of data center, colocation and interconnection solutions, and Ascenty, the leading provider of data center services in Latin America and a Digital Realty and Brookfield Infrastructure joint venture company, announced today the opening of four new fully-leased data centers in the greater São Paulo metropolitan area. The new facilities, located in Jundiai, Hortolandia and Paulinia, add approximately 24 megawatts of capacity and are all interconnected on the Ascenty fiber network.
"We are extremely pleased with the progress of our growth strategy, which has already made significant headway with the opening of these four new data centers," said Ascenty Chief Executive Officer Chris Torto. "Including these new data centers and two additional sites expected to launch in the third quarter, Ascenty will own 17 data centers, further solidifying our position as the leading data center operator in Latin America. We continue to see tremendous growth in the region, and we are now poised to accelerate our development plans."
About Digital Realty
Digital Realty supports the data center, colocation and interconnection strategies of more than 2,000 firms across its secure, network-rich portfolio of data centers located throughout North America, Europe, Latin America, Asia and Australia. Digital Realty's clients include domestic and international companies of all sizes, ranging from cloud and information technology services, communications and social networking to financial services, manufacturing, energy, healthcare and consumer products. www.digitalrealty.com Follow Digital Realty on social media: LinkedIn, Twitter, Facebook, Instagram and YouTube
Ascenty, a Digital Realty and Brookfield Infrastructure joint venture company, is the largest provider of data center services in Latin America with 17 data centers in operation and/or under construction, all interconnected by a proprietary 4,500-kilometer fiber network. The company was founded in 2010 to concentrate on building world class data center and telecommunications infrastructure. www.ascenty.com Follow Ascenty on social media: LinkedIn, Twitter, Facebook and YouTube
For Additional Information
Andrew P. Power
Chief Financial Officer
John J. Stewart / Maria S. Lukens
Ascenty – Press Office
Advice Comunicação Corporativa
Maria Eduarda Amorim / [email protected]
Bruno Escudero / [email protected]
Ana Paula Sartori / [email protected]
Fernanda Dabori / [email protected]
+55 11 5102-5252 / +55 11 5102-5257
Safe Harbor Statement
This press release contains forward-looking statements which are based on current expectations, forecasts and assumptions that involve risks and uncertainties that could cause actual outcomes and results to differ materially, including statements related to the new data centers in Brazil, the joint venture between Digital Realty and Brookfield and our expectations and plans for Brazil. These risks and uncertainties include, among others, the following: reduced demand for data centers or decreases in information technology spending; decreased rental rates, increased operating costs or increased vacancy rates; increased competition or available supply of data center space; the suitability of our data centers and data center infrastructure, delays or disruptions in connectivity or availability of power, or failures or breaches of our physical and information security infrastructure or services; our dependence upon significant customers, bankruptcy or insolvency of a major customer or a significant number of smaller customers, or defaults on or non-renewal of leases by customers; breaches of our obligations or restrictions under our contracts with our customers; our inability to successfully develop and lease new properties and development space, and delays or unexpected costs in development of properties; the impact of current global and local economic, credit and market conditions; our inability to retain data center space that we lease or sublease from third parties; difficulties managing an international business and acquiring or operating properties in foreign jurisdictions and unfamiliar metropolitan areas; our failure to realize the intended benefits from, or disruptions to our plans and operations or unknown or contingent liabilities related to, our recent acquisitions; our failure to successfully integrate and operate acquired or developed properties or businesses; difficulties in identifying properties to acquire and completing acquisitions; risks related to joint venture investments, including as a result of our lack of control of such investments; risks associated with using debt to fund our business activities, including re-financing and interest rate risks, our failure to repay debt when due, adverse changes in our credit ratings or our breach of covenants or other terms contained in our loan facilities and agreements; our failure to obtain necessary debt and equity financing, and our dependence on external sources of capital; financial market fluctuations and changes in foreign currency exchange rates; adverse economic or real estate developments in our industry or the industry sectors that we sell to, including risks relating to decreasing real estate valuations and impairment charges and goodwill and other intangible asset impairment charges; our inability to manage our growth effectively; losses in excess of our insurance coverage; environmental liabilities and risks related to natural disasters; our inability to comply with rules and regulations applicable to the company; our failure to maintain our status as a REIT for federal income tax purposes; our operating partnership's failure to qualify as a partnership for federal income tax purposes; restrictions on our ability to engage in certain business activities; and changes in local, state, federal and international laws and regulations, including related to taxation, real estate and zoning laws, and increases in real property tax rates. For a further list and description of such risks and uncertainties, see the reports and other filings by the company with the U.S. Securities and Exchange Commission, including the company's Annual Report on Form 10-K for the year ended December 31, 2018 and Quarterly Report on Form 10-Q for the quarter ended March 31, 2019. The company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.
SOURCE Digital Realty
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