AMSTERDAM 14 September 2018. INTERXION HOLDING NV (NYSE: INXN), a leading European provider of carrier and cloud-neutral colocation data centre services, today announced an increase in its 2018 annual capital expenditure guidance range to €425 million to €450 million, reflecting new capacity expansions in five markets, together with land acquisitions for future expansions.
“Interxion continues to benefit from strong colocation demand dynamics across our Big 4 and Rest of Europe markets,” said David Ruberg, Interxion’s Chief Executive Officer. “Accordingly, we remain in expansion mode, while continuing to see favourable trends in pre-sold metrics led by deals signed in the Platform segment.”
Interxion has today announced the following expansion initiatives:
- In Amsterdam, Interxion will add 2,700 square metres (“sqm”) of equipped space and 7 megawatts (“MW”) of customer power to its AMS10 data centre. This third phase (“AMS10.3”) is scheduled to become available in 2Q 2020. The capital expenditure for this expansion will be approximately €50 million;
- In Marseille, Interxion will complete its MRS2 data centre by building out the remaining 1,600 sqm and adding 3 MW of customer power. This phase (“MRS2.4”) is scheduled to open in 2Q 2019. The capital expenditure associated with this expansion will be approximately €25 million;
- Smaller expansions are commencing in Germany and Switzerland. In Frankfurt, Interxion will increase equipped space in its FRA6 data centre by adding 400 sqm. This phase (“FRA6.6”) is scheduled to open in 4Q 2018 and the associated capital expenditure will be approximately €5 million. In Dusseldorf, 400 sqm will be added to DUS2, scheduled to become available in 2Q 2019. The capital expenditure for this phase (“DUS2.3”) will be approximately €5 million. In Zurich, Interxion will add 300 sqm of equipped space and 2 MW of customer power at ZUR1. This phase (“ZUR1.6”) is scheduled to become available in 1Q 2019 with associated capital expenditure of approximately €10 million; and,
- Lastly, Interxion continues to seek opportunities to acquire land in a number of existing markets, with multiple transactions in progress at the current time. Some of these transactions are expected to be completed in 4Q 2018.