Teraco is increasing its data centre presence in Johannesburg, Cape Town and Durban with increased capacity and improved facilities. In June 2011, Teraco announced that it had completed R160 million ‘Series C’ financing. The financing included a combination of both equity and debt, with IFC, a member of the World Bank Group, becoming an equity shareholder in Teraco, and the Development Bank of Southern Africa (DBSA) providing R80 million of senior debt. At the time, Teraco said that the financing would be used to further support its growth, and the results are starting to emerge.
On Thursday, 29 September 2011, Teraco opened the doors of its third vendor-neutral collocation facility in River Horse Valley, Durban. The Durban facility forms a core part of Teraco’s national expansion plans, complementing its facilities in Isando, Johannesburg (JB1) and in Rondebosch, Cape Town (CT1).
Teraco’s Johannesburg facility expanded to a 6000 sq m footprint, which includes 4000 sq m of gross data centre space and a new energy centre. The expansion is continuing, however.
“The current expansion phases will add a further 1600 sq m of data centre collocation space; more wireless collocation positions; a new energy centre; advanced cooling systems; improved physical security; and extended client staging areas,” explained Teraco MD, Lex van Wyk. Teraco is also expanding its Cape Town data centre by 150 sq m, after the 500 sq m facility has reached its maximum capacity.