Thursday, November 6, 2008

DuPont Fabros Technology - in need of additional funding...

from Data Center Knowledge

>>DuPont Fabros Technology (DFT) is seeking additional funding to complete construction on major data center projects in New Jersey and northern Virginia. The company said today that it is negotiating a $150 million loan with a large pension fund, and hopes to complete the funding by the end of 2008. In the meantime, DuPont Fabros has suspended its fourth quarter dividend to preserve capital.

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