New data centre will be one of Canada's most powerful [Globe and Mail, The (Toronto, Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Globe and Mail, The
Canada's leading data centre provider, eStruxture Data Centers, will develop its largest facility in Alberta, a province that wants to be – but is far from – a critical hub for this type of infrastructure. Expected to power up by fall 2026, eStruxture's new $750-million, 90 megawatts (MW) operation, located near Calgary, will be the Montreal-based company's third data centre in the area. The seven-year-old firm owns 12 other data centres in the larger industry markets of Montreal, Toronto and Vancouver. “Our business wasn't built by waiting but by leading from the front,” Todd Coleman, president and chief executive officer of eStruxture Data Centers, says about the company's “massive investment in Alberta.” Growing need for data capacity As large computer warehouses that store, process and manage data for digital applications, data centres are measured by the amount of power provided. In part owing to the explosive growth of artificial intelligence-based software, new data ce
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RY
Earnings
- 12/4/24 - Beat
RY
Sec Filings
- 1/3/25 - Form FWP
- 1/3/25 - Form 424B2
- 1/3/25 - Form FWP
- RY's page on the SEC website