Iron Mountain Expands Planned Data Center Capacity in Virginia by more than 350 Megawatts
Iron Mountain (NYSE: IRM) has expanded its data center capacity in Virginia through two strategic acquisitions. The company acquired a 66-acre site in Richmond for a new campus with over 200 MW capacity and a 40-acre site in Manassas for two new buildings offering 150 MW capacity. These acquisitions add more than 350 MW of planned future capacity, bringing Iron Mountain's total global data center capacity to over 1.2 gigawatts when fully developed. The Manassas expansion includes a new electricity substation. The facilities will offer compliance with various standards including HIPAA, FISMA High, and PCI-DSS, and will be powered by 100% renewable energy.
Iron Mountain (NYSE: IRM) ha ampliato la propria capacità dei data center in Virginia attraverso due acquisizioni strategiche. L'azienda ha acquisito un terreno di 66 acri a Richmond per un nuovo campus con una capacità di oltre 200 MW e un terreno di 40 acri a Manassas per due nuovi edifici che offrono una capacità di 150 MW. Queste acquisizioni aggiungono oltre 350 MW di capacità futura pianificata, portando la capacità totale globale dei data center di Iron Mountain a oltre 1,2 gigawatt quando completamente sviluppata. L'espansione a Manassas include una nuova sottostazione elettrica. Le strutture garantiranno la conformità a vari standard, tra cui HIPAA, FISMA High e PCI-DSS, e saranno alimentate al 100% da energia rinnovabile.
Iron Mountain (NYSE: IRM) ha ampliado su capacidad de centros de datos en Virginia a través de dos adquisiciones estratégicas. La compañía adquirió un terreno de 66 acres en Richmond para un nuevo campus con más de 200 MW de capacidad y un terreno de 40 acres en Manassas para dos nuevos edificios que ofrecen 150 MW de capacidad. Estas adquisiciones añaden más de 350 MW de capacidad futura planificada, llevando la capacidad total global de los centros de datos de Iron Mountain a más de 1.2 gigavatios cuando estén completamente desarrollados. La expansión en Manassas incluirá una nueva subestación eléctrica. Las instalaciones cumplirán con varios estándares, incluyendo HIPAA, FISMA High y PCI-DSS, y se alimentarán 100% de energía renovable.
아이언 마운틴 (NYSE: IRM)은 두 가지 전략적 인수를 통해 버지니아에서 데이터 센터 용량을 확장했습니다. 이 회사는 리치몬드에 66에이커 부지를 인수하여 200MW 이상의 용량을 가진 새로운 캠퍼스를 설립하고, 마나사스에 40에이커 부지를 인수하여 150MW 용량을 제공하는 두 개의 새로운 건물을 세웠습니다. 이러한 인수는 향후 350MW 이상의 계획된 용량을 추가하며, 아이언 마운틴의 전체 글로벌 데이터 센터 용량이 완전히 개발될 경우 1.2기가와트를 초과하게 됩니다. 마나사스의 확장에는 새로운 전기 변전소가 포함됩니다. 이 시설은 HIPAA, FISMA High 및 PCI-DSS를 포함한 다양한 기준에 대한 준수를 제공하며 100% 재생 에너지로 운영됩니다.
Iron Mountain (NYSE: IRM) a élargi sa capacité de centre de données en Virginie grâce à deux acquisitions stratégiques. L'entreprise a acquis un terrain de 66 acres à Richmond pour un nouveau campus d'une capacité de plus de 200 MW et un terrain de 40 acres à Manassas pour deux nouveaux bâtiments offrant 150 MW de capacité. Ces acquisitions ajoutent plus de 350 MW de capacité future prévue, portant la capacité totale mondiale des centres de données d'Iron Mountain à plus de 1,2 gigawatt une fois pleinement développée. L'expansion à Manassas inclut une nouvelle sous-station électrique. Les installations respecteront diverses normes, y compris HIPAA, FISMA High et PCI-DSS, et seront alimentées à 100 % par de l'énergie renouvelable.
Iron Mountain (NYSE: IRM) hat seine Datenzentrumskapazität in Virginia durch zwei strategische Übernahmen erweitert. Das Unternehmen erwarb ein 66 acres großes Grundstück in Richmond für einen neuen Campus mit über 200 MW Kapazität und ein 40 acres großes Grundstück in Manassas für zwei neue Gebäude mit einer Kapazität von 150 MW. Diese Übernahmen fügen mehr als 350 MW an geplanter zukünftiger Kapazität hinzu und bringen die gesamte globale Datenzentrumskapazität von Iron Mountain auf über 1,2 Gigawatt, wenn sie vollständig entwickelt ist. Die Erweiterung in Manassas umfasst eine neue elektrische Unterstation. Die Einrichtungen werden den Anforderungen verschiedener Standards entsprechen, darunter HIPAA, FISMA High und PCI-DSS, und werden zu 100 % mit erneuerbarer Energie betrieben.
- Significant capacity expansion adding 350+ MW to portfolio
- Total global data center capacity reaching 1.2 GW when developed
- Strategic location in Virginia, a top destination for hyperscale data centers
- 100% renewable energy powered facilities
- Facilities comply with major security and regulatory standards
- None.
Insights
This significant data center expansion marks a strategic move in the competitive Northern Virginia market. The acquisition adds 350+ MW of planned capacity across two prime locations, potentially generating substantial recurring revenue through colocation services. The Richmond site's location in White Oak Technology Park and Manassas's expanded campus with dedicated substation infrastructure represent premium positioning in a high-demand market.
The development aligns with hyperscale customer demand trends and positions Iron Mountain to capture growing enterprise workloads. The 100+ acres of land acquisition provides long-term development runway, while compliance certifications and renewable energy commitments enhance the value proposition. Expect strong returns given Virginia's data center tax incentives and the region's robust fiber connectivity.
The planned substation development in Manassas is particularly noteworthy as power availability becomes increasingly critical in Northern Virginia's constrained market. This infrastructure investment provides Iron Mountain a competitive advantage in a region where power access often limits growth. The strategic positioning along I64/I95 corridors with proximity to subsea cable landings in Virginia Beach optimizes network latency and connectivity options.
The expansion to 1.2 GW total capacity demonstrates Iron Mountain's evolution from traditional storage to a major data center player. The focus on sustainability through renewable energy and efficient cooling aligns with enterprise customer requirements and regulatory trends.
Data center campus acquisition in
These latest acquisitions bring more than 100 acres to Iron Mountain’s data center development portfolio, and add an estimated 350+ megawatts (MW) of planned future capacity - taking the company’s total data center capacity to in excess of 1.2 gigawatts (GW) globally when fully developed.
Iron Mountain’s acquisition of a 66-acre development site in
These development site acquisitions strengthen Iron Mountain’s existing data center presence in
Mark Kidd, Executive Vice President & General Manager, Asset Lifecycle Management and Data Centers, Iron Mountain, said: “The Commonwealth of
Key Facts:
-
With over 200 MW of expected capacity, Iron Mountain’s new
Richmond campus will be perfectly suited for highly regulated customers, thanks to its rigorous compliance program, which will encompass: HIPAA, FISMA High, PCI-DSS, ISO 27001, ISO 50001, SOC2/3, and more. -
The new
Richmond campus will be situated at the White Oak Technology Park inHenrico County , a unique business park with more than 2,200 acres for technology and data center campuses.Richmond has a robust power and network infrastructure, positioned along the I64 and I95 corridors, connecting toNorthern Virginia and the subsea fiber cable landings inVirginia Beach . -
The 40-acre development site in
Manassas is planned for two new data center buildings comprising an estimated total of 150 MW additional capacity to Iron Mountain’s existingVirginia campus. This development plan includes a new electricity substation to ensure continued uninterrupted power supply across the campus. - Iron Mountain is a global data center leader, trusted by some of the world's largest and most regulated organizations. With this land acquisition, Iron Mountain’s global data center footprint now has 25+ facilities (including planned development) across three continents, providing tailored, sustainable, secure, carrier and cloud-neutral colocation solutions.
-
Iron Mountain data centers are powered by
100% renewable energy, utilizing techniques such as natural cooling and water recycling within its portfolio to minimize energy consumption. This commitment to sustainability enables customers to reduce their carbon footprint and achieve their environmental goals.
About Iron Mountain
Iron Mountain Incorporated (NYSE: IRM) is a global leader in information management services. Founded in 1951 and trusted by more than 240,000 customers worldwide, Iron Mountain serves to protect and elevate the power of our customers’ work. Through a range of services including digital transformation, data centers, secure records storage, information management and governance, and asset lifecycle management, Iron Mountain helps customers to unlock value and intelligence from their stored digital and physical assets at speed and with security, while helping them meet their environmental goals.
To learn more about Iron Mountain, please visit: www.IronMountain.com and follow @IronMountain on X (formerly Twitter) and LinkedIn.
Forward Looking Statements
We have made statements in this press release that constitute "forward-looking statements" as that term is defined in the Private Securities Litigation Reform Act of 1995 and other securities laws. These forward-looking statements concern our current expectations regarding our future goals, strategies, investment objectives, plans and achievements. These forward-looking statements are subject to various known and unknown risks, uncertainties and other factors, and you should not rely upon them except as statements of our present intentions and of our present expectations, which may or may not occur. Although we believe that our forward-looking statements are based on reasonable assumptions, our expected results may not be achieved, and actual results may differ materially from our expectations.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241118870426/en/
Investor Relations: investor.relations@ironmountain.com
Press Enquiries: media@ironmountain.com
Source: Iron Mountain Incorporated
FAQ
How much data center capacity is Iron Mountain (IRM) adding in Virginia?
What is Iron Mountain's (IRM) total global data center capacity after the Virginia expansion?
Where are Iron Mountain's (IRM) new data center sites located in Virginia?
What compliance standards will Iron Mountain's (IRM) new Richmond data center meet?
