Colocation Provider Interxion to Expand Capacity in Amsterdam and Frankfurt, Plans to Invest €390M in 2018

Interxion, a European provider of carrier and cloud-neutral colocation data center services, has announced new data center builds in Amsterdam (‘AMS10’) and Frankfurt (“FRA14”), together with an expansion at the Science Park facility (‘AMS9.2’) and the acquisition of land and a building at the Schiphol-Rijk campus in Amsterdam.

“Interxion is continuing to see a strong flow of opportunities across markets and customer segments and we are increasing our expansion program to address this demand,” said David Ruberg, Chief Executive Officer (CEO) of Interxion. “Customers are recognizing the value of our communities of interest and our trusted provider status for their mission-critical applications. We are capturing deals from multiple customer segments, including connectivity, digital media, cloud platforms and enterprises, and across the size spectrum. Of the announced phases in AMS9.2, AMS10, and FRA14, approximately 25% of the capacity is pre-sold.”

As a result of its land bank and build projects, Interxion has announced an increase in its 2018 annual capital expenditure guidance to €365 million – €390 million.

AMS10 will be Interxion’s tenth data center in Amsterdam and will be adjacent to AMS8 on land owned by Interxion on its Schiphol-Rijk data center campus. In total, AMS10 is expected to provide 14,400 square meters of equipped space and a total of 26 megawatts of customer available power when fully built out. The first phase of AMS10 will provide 2,700 square meters of equipped space and is scheduled to open in 3Q 2019, while the second phase will provide 4,100 square meters of equipped space and is scheduled to open in 1Q 2020. The capital expenditure associated with the first two phases of AMS10 is expected to be €128 million.

In addition, Interxion has purchased land and a building on the Schiphol-Rijk campus that can accommodate a future data center of approximately 6,000 square meters of equipped space. The purchase price for the land and building was €19 million. The power required for this site has been obtained already.

AMS9, FRA14

The AMS9 data center in Amsterdam’s Science Park will be expanded by 500 square meters and 1MW of customer available power. The capital expenditure associated with the AMS9 expansion (‘AMS9.2’) is expected to be €8 million. This phase is scheduled to open in 4Q 2018.

In Frankfurt, Interxion will construct its fourteenth data center (‘FRA14’) on owned land in its existing campus. FRA14 is expected to provide 4,600 square meters of equipped space and will have approximately 10 MW of customer available power when fully built out. FRA14 will be constructed in two phases – the first phase will provide approximately 2,400 square meters of equipped space and is scheduled to open in 3Q 2019, while the second phase will provide 2,200 square meters and is scheduled to open in 4Q 2019. The total capital expenditure associated with FRA14 is expected to be €76 million.

Furlow consulting