PLANS TO INVEST ABOUT $200 MILLION
European data center provider Linxdatacenter, has just announced the start of construction for a new data center at Serebryakova 8 in Moscow, Russia.
Sitting on a purchased site with a total area of 26,000 square meters, the new data center is designed to accommodate at least 4,000 racks and office spaces for customers while the power capacity is expected to reach 50MW upon full development which will be delivered in multiple phases.
“The site we found for construction of our new data center is an optimal match for a whole range of our requirements. Its total area will allow us to plan future expansion, and its location ensures superior network connectivity owing to the proximity of our current data center at 8 Marta Street,” said Olga Sokolova, General Director of Linxdatacenter.
“Its excellent transport accessibility and proximity to large infrastructure objects allow Linxdatacenter to offer a unique solution to big Russian and international companies. Full control over the construction process and engagement of international experts will enable us to plan and implement the project in compliance with the strictest international standards for DC management, including security and power independence, and to meet the high expectations of our customers.”
The project is estimated to cost approximately $200 million, an investment that will be powered by Linxdatacenter’s lead investor consortium which is made up of Russian Direct Investment Fund (RDIF, Russia’s sovereign wealth fund) alongside JSC ER-Telecom Holding (Dom.ru and Dom.ru Business trademarks) and Talos Fund I LP, a fund from the Middle East which focuses on advanced technologies investments including AI.
This investor consortium acquired Linxdatacenter from its former parent company Linx Telecommunications Holding in April 2021, and this project marks a major expansion after the acquisition.
Scheduled to be operational by early 2024, the new Moscow data center will become the company’s largest data center facility, and its second data center in Moscow. Linxdatacenter owns and operate another Russian data center which is located in Saint Petersburg.