Monday, November 17, 2008

DuPont Fabros Halts Data Center Projects

from Data Center Knowledge:

>>Data center developer DuPont Fabros Technology (DFT)
said today that it has halted construction at data center projects in New Jersey and Virginia after it failed to arrange additional financing. The company said talks to arrange $150 million in mezzanine debt recently ended after the lender revised its terms.

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