Teraco, Africa\u2019s largest interconnection hub and vendor-neutral data centre provider, says it has finalised a new R2.5 billion loan financing transaction which will be used in the construction of a new 38-megawatt hyperscale data centre in Johannesburg.<\/p>\n
The facility is called JB4 and will be the largest data centre in Africa once it is built.<\/p>\n
Phase one of the JB4 data centre is scheduled to be completed in Q1 2022 and the entire data centre will require a total investment of $250 million (R4 billion) to complete, Teraco CEO Jan Hnizdo told MyBroadband.<\/p>\n
The timeline for the construction of the second phase will be informed by Teraco\u2019s operations and demand for cloud and hosting services.<\/p>\n
Hnizdo said that Teraco is poised for major growth as demand for cloud services continues to climb.<\/p>\n
The new transaction cements Teraco\u2019s commitment to continuing investment in the region\u2019s digital infrastructure and expanding Africa\u2019s largest data centre platform, the group said.<\/p>\n
The funding transaction, led by Absa, includes several large institutions that have joined the lending group, with a view to creating long term partnerships that will support Teraco\u2019s future expansion plans.<\/p>\n
Teraco JB4 data centre details<\/strong><\/p>\n Teraco\u2019s JB4 data centre is the seventh data centre developed by the company and takes critical power load capacity at the company\u2019s facilities up to over 110MW.<\/p>\n This includes the Isando Campus JB1\/JB3 (39MW), Bredell JB2 (13MW), Rondebosch Cape Town CT1 (3MW), Brackenfell Cape Town CT2 (18MW) and Durban (1MW).<\/p>\n The JB4 data centre will comprise a whopping 50,000m2<\/sup>\u00a0of building structure serviced by 80MW of utility power supply, and it will boast 16,000m2<\/sup>\u00a0of hall space with 38MW of critical power load when completed.<\/p>\n It will be built in two phases across six hectares of land, with phase 1 delivering half of the overall hall space and critical power load.<\/p>\n
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