Broad-Based Demand Drives New Expansion
Projects
INTERXION HOLDING NV (NYSE:INXN), a leading European provider of
carrier and cloud-neutral colocation data centre services, today
announced new expansion projects in seven cities across Europe in
response to customer demand. Interxion will construct its third
data centre in Madrid (“MAD3”), add a second data centre in
Brussels (“BRU2”), and expand existing data centres in Amsterdam,
Paris, Copenhagen, Stockholm, and Vienna. Interxion has also added
to its land bank in Amsterdam and exercised its option to acquire
the MAD3 property. Interxion will fund these expansion projects
through a combination of existing and internally generated cash
together with committed credit facilities.
“The increased pace of cloud adoption combined with an improving
economy in Europe continues to drive broad-based demand for our
colocation services across our entire footprint,” said David
Ruberg, Interxion’s Chief Executive Officer. “With continuing
demand from multiple communities of interest, these investments
will allow us to meet the needs of our expanding customer base by
adding approximately 15,500 square metres of equipped space. When
combined with previously announced expansion projects, Interxion
now has active expansion projects across its entire 11 country
footprint totalling over 33,000 square metres which will increase
the Company’s equipped space by over 25% compared to the end of 3Q
2017.”
In Amsterdam, Interxion will complete the remaining four phases
of AMS8, totalling approximately 5,300 square metres (“sqm”) of
equipped space and 10 megawatts (“MW”) of customer-available power
when fully built out. The first two phases are scheduled to open in
4Q 2018 and the final two phases are scheduled to open in 1Q 2019.
The capital expenditure associated with the remaining phases of
AMS8 is expected to be approximately €63 million. In addition,
Interxion has added to its land bank by acquiring approximately
22,000 sqm of land adjacent to AMS8 together with the associated
power.
In Paris, Interxion will complete the remainder of PAR7.2 by
adding an additional 2,000 sqm of equipped space and 4 MW of
customer available power as well as upgrading the existing PAR7
power infrastructure. The new space is scheduled to open in 1Q
2019. The capital expenditure associated with the incremental Paris
expansion is expected to be approximately €44 million.
In Vienna, in addition to the 1,600 sqm currently under
construction and scheduled to be delivered by 3Q 2018, Interxion
will add a further approximately 2,000 sqm scheduled for delivery
by 3Q 2019. The capital expenditure associated with the incremental
capacity is expected to be approximately €40 million.
In Madrid, Interxion will construct its third data centre in a
single 2,500 sqm phase with 5 MW of customer available power when
fully built out. MAD3 is close to Interxion’s existing campus on
land that Interxion intends to purchase in 1Q 2018 and is expected
to open in 2Q 2019. MAD3 will be connected redundantly to the
existing and proprietary campus fibre ring, providing access to
over 80 carriers, ISPs, CDNs, and the ESpanix and DE-CIX Internet
exchanges. Capital expenditures associated with MAD3, including the
property purchase, is expected to be approximately €44 million.
In Copenhagen, Interxion will expand CPH2, with 900 sqm
scheduled to open in 2Q 2018 and 600 sqm in 1Q 2019. The capital
expenditure associated with these builds in CPH2 is expected to be
approximately €18 million.
In Stockholm, Interxion will expand STO5 in two phases that will
add approximately 400 sqm in 2Q 2018 and 800 sqm in 1Q 2019. The
capital expenditure associated with the remaining phases of STO5 is
expected to be approximately €18 million.
In Brussels, Interxion will add BRU2 which includes
approximately 1,000 sqm of equipped space and 1 MW of customer
available power. The new facility is scheduled for availability in
1Q 2018, and connects directly via dedicated fibre to the existing
facilities at BRU1, providing access to over 100 connectivity
providers, and the BNIX, NL-ix, AMS-IX, LINX, and DE-CIX internet
exchanges. Capital expenditures associated with BRU2 is expected to
be approximately €3 million.
A table with the details of the projects announced today is
attached to this press release, and an updated chart providing a
summary schedule of all recently completed and scheduled equipped
space additions is available on Interxion’s IR website.
About Interxion
Interxion (NYSE:INXN) is a leading provider of carrier and
cloud-neutral colocation data centre services in Europe, serving a
wide range of customers through 48 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 over 600 connectivity providers, 21 European Internet
exchanges, and most leading cloud and digital media platforms
across its footprint, Interxion has created connectivity, cloud,
content and finance hubs that foster growing customer communities
of interest. For more information, please visit
www.interxion.com.
Forward-looking Statements
This communication contains forward-looking statements that
involve risks and uncertainties. There can be no assurance that
such statements will prove to be accurate and actual results and
future events could differ materially from those anticipated in
such forward-looking statements. Factors that could cause actual
results and future events to differ materially from Interxion’s
expectations include, but are not limited to, the difficulty of
reducing operating expenses in the short term, the inability to
utilise the capacity of newly planned data centres and data centre
expansions, delays in connection with the development of new data
centres or data centre expansions, significant competition, the
cost and supply of electrical power, data centre industry
over-capacity, performance under service level agreements, certain
other risks detailed herein and other risks described from time to
time in Interxion’s filings with the United States Securities and
Exchange Commission.
Interxion does not assume any obligation to update the
forward-looking information contained in this report.
This announcement contains inside information under Regulation
(EU) 596/2014 (16 April 2014).
INTERXION HOLDING NV Newly
Announced Expansion Projects
Equipped
CAPEX (a)(b)
Space (a)
Market Project (€ million) (sqm)
Target Opening Dates Amsterdam AMS8: Phases 3 - 6 63
5,300 4Q 2018 - 1Q 2019 (c) Paris PAR7.2: Phase C 44 2,000 1Q 2019
Vienna VIE2: Phase 7 (cont.) & 9 40 2,000 4Q 2018 -3Q 2019 (d)
Madrid MAD3: New Build 44 2,500 2Q 2019 (e) Copenhagen CPH2: Phases
3 - 5 18 1,500 2Q 2018 - 1Q 2019 (f) Stockholm STO5: Phases 2 - 3
18 1,200 2Q 2018 - 1Q 2019 (g) Brussels BRU2: New data centre 3
1,000 1Q 2018
Total € 230 15,500 (a)
CAPEX and Equipped space are approximate and may change. Figures
are rounded to nearest 100 sqm unless otherwise noted. Totals may
not add due to rounding. (b) CAPEX reflects the total spend
for the projects listed at full power and capacity and the amounts
shown in the table above may be invested over the duration of more
than one fiscal year. (c) AMS8: Phases 3 and 4 (1,300 sqm
each) are scheduled to open in 4Q 2018; phases 5 and 6 (1,300 sqm
each) are scheduled to open in 1Q 2019. (d) VIE2: Phases
with 300 sqm, 700 sqm and 600 sqm are already scheduled to open in
4Q 2017, 2Q 2018 and 3Q 2018, respectively. In addition to this,
this announcement adds 300 sqm scheduled to open in 4Q 2018, 700
sqm scheduled to open in 2Q 2019, and 1,000 sqm scheduled to open
in 3Q 2019. Note that the €40 million capex relates to Phase 9
only. Capex for all prior phases have been previously announced.
(e) MAD3: Capex total for MAD3 include land purchase price.
(f) CPH2: Phases 3 and 4 (900 sqm total) are scheduled to
open in 2Q 2018; phase 5 (600 sqm) is scheduled to open in 1Q 2019.
(g) STO5: Phase 2 (400 sqm) is scheduled to open in 2Q 2018;
phase 3 (800 sqm) is scheduled to open in 1Q 2019.
View source
version on businesswire.com: http://www.businesswire.com/news/home/20180108005753/en/
InterxionInvestor Relations:Jim Huseby, +1
813-644-9399IR@interxion.com
InterXion Holding NV (NYSE:INXN)
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