Switch Las Vegas Breaks Ground on New SuperNAPs and Completes $124 Million in Growth Financing for the Projects
Switch has announced it has begun construction on SuperNAP NV-8 and SuperNAP NV-9, a six hundred thousand plus square foot expansion set for opening in 2012. To support its objectives, Switch has concluded $124 Million in growth financing with Citigroup, Nevada State Bank, Bank of Nevada, City National Bank and Intel Capital.
"We have seen unbelievable demand. Last month Switch installed 5 MVA of delivered UPS to our customers and we expect to see similar growth over the coming months. This expansion comes at a time when customer demand for our services is showing no signs of an economic downturn," said company founder and CEO, Rob Roy. "Switch is about future proofing the data center needs of our customers. Beginning construction on SuperNAP NV-8 and SuperNAP NV-9 clearly positions the Switch Las Vegas Digital Exchange Campus as the world's most powerful data center and technology ecosystem."