AMSTERDAM--(BUSINESS WIRE)--INTERXION HOLDING NV (NYSE:INXN, news), a leading European provider of carrier and cloud-neutral colocation data center services, today announced that it will construct its ninth data center on its Frankfurt campus (“FRA 9”) in response to customer demand. FRA 9, which is scheduled to be operational in the first quarter of 2014, will be built in a single phase and will provide approximately 800 square meters of Equipped Space and 1MW of customer-available power.
“Demand for our products and services continues to be strong in Frankfurt, supported by our Communities of Interest approach and bolstered by the stable German economy. We are experiencing growth across multiple segments, including cloud providers, financial services, and digital media,” said David Ruberg, Interxion’s Chief Executive Officer. “FRA 9 will enable us to bring capacity on-line ahead of our previously announced FRA 8 expansion, which will ensure that we are able to meet our customers’ requirements.”
The capital expenditure associated with FRA 9 is approximately €13 million. The site, which is secured by a long-term lease, will access existing campus power and will leverage the high connectivity available at Interxion’s Frankfurt campus. The anticipated capital spend in 2013 is included in the 2013 capital guidance previously provided by the Company.
In response to continued demand, Interxion is also accelerating the availability of the second phase of its previously announced FRA 8 new build. The revised schedule has the second 900 square meter phase scheduled to be operational in the second half of 2014 instead of 2015. The first phase is on schedule to be available in the first half of 2014.
Interxion (NYSE: INXN) is a leading provider of cloud and carrier-neutral colocation data centre services in Europe, serving a wide range of customers through 34 data centres in 11 European countries. Interxion’s uniformly designed, energy-efficient data centres offer customers extensive security and uptime for their mission-critical applications. With connectivity provided by over 450 fixed and mobile carriers and ISPs and 19 European Internet exchanges, Interxion has created cloud, content, finance and connectivity hubs that foster growing customer communities of interest. For more information, please visit www.interxion.com
This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from expectations discussed in such forward-looking statements. Factors that might cause such differences include, but are not limited to, the difficulty of reducing operating expenses in the short term, inability to utilize the capacity of newly planned data centers and data center expansions, construction delays with respect to newly planned data centers and data center expansions, significant competition, the cost and supply of electrical power, data center industry over-capacity, performance under service-level agreements, and other risks described from time to time in Interxion's filings with the Securities and Exchange Commission. Estimates of capital expenditure and equipped space are approximate and may change. Capital expenditure reflects the total for the listed project at full power and capacity and may not all be invested in the current year. Interxion does not assume any obligation to update the forward-looking information contained in this press release.
Jim Huseby, 813-644-9399