Digital Realty Trust, Inc. - DLR STOCK NEWS

Digital Realty has announced the availability of a new AWS Direct Connect on-ramp at its Ashburn campus, expanding customer access to AWS services. This addition allows customers to place hybrid IT workloads locally, reducing latency and optimizing performance. With this enhancement, PlatformDIGITAL® now features 16 AWS Direct Connect locations globally, enabling secure, low-latency connectivity to AWS. Customers can utilize Digital Realty's ServiceFabric™ for hosted connections from nearly 100 data centers. This strategic move enhances Digital Realty's offerings in the competitive cloud service market.

Digital Realty (NYSE: DLR) has entered a 10-year power purchase agreement (PPA) with ENGIE for a 116 MW share of a new 154 MW solar park in Brandenburg, Germany. The project aims to support the growth of renewable energy, with an expected output of 120 GWh annually. Scheduled to begin operations in late 2023, this venture manifests Digital Realty's commitment to sustainability, as they have achieved 100% renewable energy in their European portfolio. Additionally, they have set ambitious carbon emission reduction targets, striving to cut Scope 1 and 2 emissions by 68% by 2030.

Digital Realty (NYSE: DLR) has announced the deployment of points of presence (PoPs) by Hurricane Electric in Singapore, Hong Kong, and Sydney. This collaboration enhances customer access to Hurricane Electric's high-speed IP transit network, aimed at reducing latency and improving data flow efficiency. The Asia Pacific region is rapidly growing in data center colocation, driven by increasing demand for online content. The Data Gravity Index report indicates significant growth in data gravity intensity through 2024. This development is expected to support customers in overcoming challenges related to data management and connectivity.

Digital Realty announced a strengthened partnership with Hivelocity, adopting the ServiceFabric™ orchestration platform. This collaboration allows Hivelocity access to cloud and data center services across 10 global sites in locations like Atlanta, Miami, and Frankfurt. ServiceFabric™ enhances Hivelocity's ability to provide hybrid IT solutions and connectivity, crucial for modern data-centric architectures. Digital Realty has over 300 facilities worldwide, supporting diverse customer needs and streamlining data services.

Digital Realty (NYSE: DLR) announced it will release its fourth quarter 2022 financial results on February 16, 2023, after market close. A conference call will follow at 5:00 p.m. EST to discuss the results. Investors can join the call by dialing +1 (888) 317-6003 for domestic callers or +1 (412) 317-6061 for international callers, using conference ID #6468514. Replays of the call will be available until March 16, 2023. Digital Realty operates over 300 data centers globally, providing colocation and interconnection solutions.

Digital Realty (NYSE: DLR) announced the appointment of Matt Mercier as its new Chief Financial Officer, effective January 1, 2023. He succeeds Andrew Power, who transitioned to Chief Executive Officer. Mercier, who joined the company in 2006, previously served as Senior Vice President Global Finance & Accounting. His extensive experience includes roles in corporate planning and capital markets. Andrew Power expressed confidence in Mercier's leadership for executing the company's strategic growth and financial plans, especially in expanding PlatformDIGITAL.

Digital Realty has announced the immediate appointment of Andrew P. Power as its new CEO, succeeding Bill Stein, who will remain with the company until year-end. Power, who previously served as President and CFO, has been with Digital Realty since 2015 and played a critical role in enhancing the company’s financial flexibility and global data center operations. Chairman Mary Hogan Preusse praised Power's vision and track record, expressing confidence in his leadership during the digital transformation of the company.

Digital Realty (NYSE: DLR) has authorized quarterly cash dividends for the fourth quarter of 2022. Shareholders of common stock will receive $1.22 per share, payable on January 13, 2023, to those on record by December 15, 2022. Additionally, the Series J, K, and L preferred stockholders will receive dividends of $0.328125, $0.365625, and $0.325000 per share respectively, all payable on December 30, 2022. This announcement reflects the company's ongoing commitment to returning value to shareholders.

Digital Realty (NYSE: DLR) has announced the pricing of a public offering of $350 million in additional 5.550% notes due 2028. These notes will be senior unsecured obligations and guaranteed by Digital Realty Trust, Inc. Issued at 99.208% of par value, they mature on January 15, 2028. The proceeds will be used for various purposes, including repaying revolving credit borrowings and funding new acquisitions. BofA Securities and Citigroup are the joint book-running managers for the offering.