FIRST PROJECT OUTSIDE OF THE UNITED STATES WILL TRANSFORM ICONIC TORONTO STAR PRINTING PLANT INTO ONE OF THE MOST ADVANCED DATA CENTRES IN ONTARIO, CANADA
VAUGHAN, Ontario, April 04, 2017 (GLOBE NEWSWIRE) -- DuPont Fabros Technology Inc. (NYSE:DFT), a leading owner, developer, operator and manager of multi-tenant wholesale data centres, is pleased to announce that construction is underway at the company’s first-ever Canadian facility, located at the former Toronto Star printing plant in Vaughan, Ontario. This will be one of the largest data centres in Canada, servicing leading businesses that rely on secure data as the lifeblood of their organizations.
Purchased by DFT in 2016 for approximately $55 million CAD, the building is being transformed into state-of-the-art infrastructure, vital for meeting the increasing demand for data centre capacity and data storage in Ontario. Once fully built, the Vaughan data centre, branded as TOR1, will include 23 computer rooms spread across 21,016M2 with a critical data power capacity of up to 46 MWs (megawatts). The first phase, which will include 12 computer rooms, is scheduled to open in late 2017.
“When the Toronto Star opened its plant, businesses everywhere shared and stored information on paper,” said Chris Eldredge, president and CEO. “Since then, the world has gone digital and, as a result, businesses have experienced exponential increases in their need for world-class, outsourced data centre services. Toronto is the hub of Canadian business and one of the largest markets in North America. That’s why DFT made the strategic decision to invest in TOR1 and the Greater Toronto market.”
DFT Data Center customers, including data rich technology organizations, leading financial services, manufacturers, enterprises and online businesses, trust DFT to house their most sensitive and proprietary information and applications. DFT currently operates 11 data centres throughout the United States. In 2016, the publicly-traded company had its best year ever with a record 50.93 MWs of new leases and revenue of $528.7 million USD.
One of Canada’s Most Advanced Data Centres
The TOR1 data centre will be the first facility to utilize DFT’s latest design which provides a number of benefits, including:
- Flexibility, Convenience and Agility. Located minutes from Toronto Pearson International Airport, TOR1 will offer 23 computer rooms ranging in size from 836 to 1,021M2. The centre’s agile design will provide adaptable infrastructure to support rapid deployment of customized solutions.
- Redundancy. High efficiency, state-of-the-art UPS technology with onsite diesel engine generator backup will ensure constant power to customers’ critical loads. TOR1 will afford customers a variety of redundancies, ranging from N to 2N with a power density range of 1,076 to 3,228 watts per square metre.
- Efficiency. TOR1 is being engineered to deliver a Power Usage Effectiveness (PUE) of 1.25 annualized at full capacity.
- High-Speed Fibre Connectivity. TOR1 is conveniently located near several major carriers and plans to offer customers multiple options for carriers and connectivity to the interconnection hubs in downtown Toronto.
- Environmental Friendliness. TOR1 is being built to achieve LEED credentials and certifications.
About DuPont Fabros Technology Inc.
DuPont Fabros Technology Inc. (NYSE:DFT) is a leading owner, developer, operator and manager of enterprise-class, carrier-neutral, large multi-tenant wholesale data centres. The Company’s facilities are designed to offer highly specialized, efficient and safe computing environments in a low-cost operating model. The Company’s customers outsource their mission-critical applications and include national and international enterprises across numerous industries, such as technology, Internet content providers, media, communications, cloud-based, healthcare and financial services. The Company’s 11 data centres are located in three major U.S. markets and total 3.3 million gross square feet and 287 megawatts of available critical load to power the servers and computing equipment of its customers. DuPont Fabros Technology is a real estate investment trust (REIT) headquartered in Washington, D.C. For more information, please visit www.dft.com.
Certain statements contained in this press release may be deemed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the Chicago market and the Company’s opportunities in that market. We face many risks that could cause our actual performance to differ materially from the results contemplated by our forward-looking statements, including, without limitation, the risks related to the leasing of available space to third-party customers and the risks commonly associated with the construction and development of new facilities (including delays and/or cost increases associated with the completion of new developments), risks relating to obtaining required permits and compliance with permitting, zoning, land-use and environmental requirements. The periodic reports that we file with the Securities and Exchange Commission, including the annual report on Form 10-K for the year ended December 31, 2016, contain detailed descriptions of these and many other risks to which we are subject. These reports are available on our website at www.dft.com. Because of the risks described above and other unknown risks, our actual results, performance or achievements may differ materially from the results, performance or achievements contemplated by our forward-looking statements. The information set forth in this news release represents our expectations and intentions only as of the date of this press release. We assume no responsibility to issue updates to the contents of this press release.
For additional information or to arrange an interview, please contact:
Director, Strategic Objectives
(416) 366-7735, ext. 226
Senior Director, Marketing, DFT Data Centers
+1 (202) 728-0044, ext. 123
DuPont Fabros Technology, Inc.