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NEXT GENERATION DATA SECURES DEBT FINANCING TO SUPPORT NEWPORT PROJECT
December 2009
Next Generation Data Europe, which is behind the project for a 75,000 square metre data centre facility at the former LG Semicon plant, has secured significant debt finance facilities from Lombard, the asset finance arm of the Royal Bank of Scotland. The GBP200m project began 18 months ago to convert the former semiconductor facility which never become operational, into a tier III data centre. The new centre will have a high capacity 180 MVA power supply direct from the super grid and be capable of housing 19,000 server racks.
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