6 December 2011, London, UK: The International Finance Corporation (IFC) has disclosed that it is evaluating a potential investment in IXcellerate Limited, a company building a 6,200 square metre data centre in Moscow. IFC is considering a series of potential investments in equity and debt to support the project over time. The total project cost is estimated to be up to $55 million.
The IXcellerate facility will be designed and constructed on par with the leading North American and European DC co-location facilities and the current design has been reviewed and approved by Ove Arup and Partners, which is a leading consulting firm in this field. This will be one of the first independent high quality pure-play DC co-location service providers in the Moscow market. The IFC projects to submit the IXcellerate investment proposal to their board for approval in January 2012.
You can view more about the project here:
IXcellerate is a data centre project founded by Guy Willner (Founder and Former CEO of IXEurope) and Cliff Gauntlett (Former SVP of Golden Telecom). The project will encompass the construction and operation of a 6,200 square metre, carrier neutral data centre in Moscow set on a 15,000 square metre campus. The data centre will be built over three phases, with the first 1000 square metres planned to be operation in Q2 2012. See www.ixcellerate.com
IFC, a member of the World Bank Group, is the largest global development institution focused on the private sector in developing countries. We create opportunity for people to escape poverty and improve their lives. We do so by providing financing to help businesses employ more people and supply essential services, by mobilizing capital from others, and by delivering advisory services to ensure sustainable development. See www.ifc.org