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Interxion Announces Second Round Of Funding For European Expansion

Pan-European carrier neutral Data Centre company, Interxion, has received a further 40 million of funding for the second phase of its Data Centre build out in Europe which will involve the build out of a further 5,000 square metres of net space to be available during the course of 2008. The extra investment will be funded with a 30 million euro flexible credit facility with Fortis Amsterdam supported by Rabobank. The total credit facility involved is 62.5 million. New space will be added to existing sites in London, Madrid and Brussels. Also a new Data Centre is to be built in Frankfurt, and is intended to start operation by the 3rd quarter of 2008. To date Interxion claim that their Phase One Data Centre space expansion has been very highly successful with some 60 per cent of the 8,000 square metres build out already sold.

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