from Data Center Knowledge:
>>DuPont Fabros Technology (DFT) has halted development of a major data center in Santa Clara, CFalif, citing capital constraints after it was able to borrow less than it hoped to fund the project, the company said today.
...
DuPont Fabros said it will use the $100 million to continue developing a data center project in Piscataway, New Jersey and its ACC5 facility in Ashburn, suggesting that it sees stronger demand in those markets than in Santa Clara, where Digital Realty Trust (DLR), Equinix (EQIX) and Terremark (TMRK) also are developing new data center space. A wave of layoffs at Silicon Valley startups reflects a belt-tightening in the market, which has been among the most active in the country.
Saturday, November 1, 2008
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