INTERXION HOLDING NV (NYSE: INXN), a leading European provider of carrier-neutral colocation data centre services, today announced that it is building its seventh data centre (FRA 7) in its Frankfurt campus. The new facility is being built to meet the growing demands of customers who will benefit from Interxion’s “Connectivity Hub” of more than 150 carriers and ISPs, making Interxion Frankfurt the leading option for connectivity-intensive companies, particularly in the digital media, financial services, and cloud service segments. The new facility will provide 1,550 sqm of new equipped space and is scheduled to be available for customer installations in the first quarter of 2012.
“Interxion’s extensive connectivity in Frankfurt has resulted in our market-leading position in the largest data centre market in continental Europe,” said David Ruberg, Interxion’s Chief Executive Officer. “We are excited to announce our third new build in Frankfurt in four years, which reflects the strong demand for our carrier-neutral data centre services in this market and our continued focus on prudent capital deployment through our phased expansions to execute our growth strategy.”
The new data centre is an important component of Interxion’s growth strategy and reflects the Company’s ongoing commitment to long-term growth opportunities that meet European market demand. Together with other announced capacity expansions this year, Interxion will have added over 9,000 sqm of new equipped space before the middle of 2012 through new facilities and upgrades in key European markets, including Frankfurt, London, Paris, Dublin, Dusseldorf, and Vienna.
This new data centre is secured by a long term lease and is designed to offer up to 1.5 kVA per sqm of continuous customer load, all of which has been secured. The capital expenditures for FRA 7 are expected to total approximately €21 million. The Company’s 2011 CAPEX guidance of €140 to €160 million includes the forecasted 2011 spending for this new facility.
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