AMSTERDAM 9 December 2013. INTERXION HOLDING NV (NYSE:INXN, news), a leading European provider of carrier and cloud neutral colocation data centre services, today announced that it is constructing its seventh data centre in Amsterdam (“AMS 7”). AMS 7 will be built in six phases, with the first four phases providing approximately 4,600 square metres of equipped space and approximately 8.2 MW of customer available power. The first four phases are expected to open on the following schedule:
- Phase 1 (1,000 sqm and 1.5 MW) in the first quarter of 2014;
- Phase 2 (1,000 sqm and 1.5 MW) in the third quarter of 2014;
- Phase 3 (1,300 sqm and 2.6 MW) in the fourth quarter of 2014; and
- Phase 4 (1,300 sqm and 2.6 MW) in the first quarter of 2015.
David Ruberg, Interxion’s Chief Executive Officer said: “The continued demand for carrier-neutral data centre space that Interxion is experiencing in Amsterdam is largely driven by cloud service providers looking to serve the developing European cloud market by utilising the international connectivity present in the Amsterdam area. AMS7 is being built in response to clearly defined specific customer demand that has resulted from our focus on acquiring magnetic applications and then working to develop the communities of interest around them.”
When all six phases are complete, AMS 7 will deliver approximately 7,300 square metres of equipped space and more than 13 MW of customer available power. The data centre is secured by a long-term lease, which has a purchase option. The site is on Interxion’s Amsterdam campus at Schiphol Rijk, which has access to the more than 40 carriers and ISPs and the two Internet exchanges presently on the campus. Utility power supply from the grid has been secured to support the demands of the fully built-out data centre.
The capital expenditure associated with the construction of AMS 7 is expected to be approximately €100 million with approximately €80 million associated with the first four phases. The capital expenditure in 2013 for this build is included in the Company’s previously given guidance.
Interxion (NYSE: INXN) is a leading provider of carrier and cloud neutral colocation data centre services in Europe: it serves 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 more than 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 centres and data centre expansions, construction delays with respect to newly planned data centres and data centre expansions, significant competition, the cost and supply of electrical power, data centre 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 be all invested in the current year. Interxion does not assume any obligation to update the forward-looking information contained in this press release.