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Data Centers Reach Full Capacity, at Fortune Facility

Submitted by on 18 October, 2020 – 4:32 pm
Provider of premium wholesale data center space for corporate clients, Fortune data centers, has leased 100% of its capacity to 8 megawatts of critical load within six months of opening the doors of the Phase 1 development.

John Sheputis, CEO of Fortune Data Centers said,”Despite a difficult economic climate, demand for data center space remains a bright spot. To have a facility of this size fully leased in such a short period of time to confirm the strength of the market in Silicon Valley. And we have a strong team with major suppliers and business partners who helped make this happen.”The company is now beginning work on Phase 2 development in the San Jose facility, expected to add approximately 6 megawatts of critical load capacity. When completed, the fortunes of San Jose will occupy over 140,000 square feet and the support of nearly 14 megawatts of critical load TI.
Dan Golding, vice president and research director at Tier 1 Research added,”The placement market is very strong, especially high-quality, highly redundant data center capacity in bulk. The Silicon Valley area in particular is one of the lowest regions provided by the U.S., with demand exceeding supply of data centers over the past four years. This trend has been exacerbated by the credit crunch, which has made it difficult to get funding for projects in data centers large. The few large data center projects of high quality in the market there is great demand from companies and providers of Internet content – particularly if they are efficient, making them less expensive to operate.”

Mr. Sheputis continued,”Our tenants are some of the most respected companies in the world. They are experienced industry leaders in their core businesses and have many other data center holdings. They recognize that there are major savings to be achieved through partnership with a company that provides highly energy-efficient data center space.”

Fortune Phase 1 data center offers greater energy efficiency, measured by energy use Effectiveness (PUE). PUE is determined by dividing the total power of the instrument by the great power on the computer – the lower the resulting ratio, the more efficient the data center. During independent testing through a process of getting to level 5, the data center achieved a PUE of 1.37 at full load, energy efficiency levels well above the industry average PUE for data centers 2.0, and better than the 2011 EuP EPA’s goal of 1.45 for the state of the art enterprise-class data centers.

Mr. Sheputis concluded,”We have participated in various efficiency programs PG & E have been very happy with the results. We exceeded our projections for EuP Phase 1 and expected to deliver an even better EuP Phase 2 by leveraging and promoting many of the efficiency measures used in the first phase. We are currently defining the technical program for Phase 2 and will include the state of the art efficiency measures for redundancy of services and the energy density. We are confident that the increased capacity of the facility not only reduce operating costs tenant, but our expansion should result in reduced energy costs for our tenants.”

Fortune Data Centers was founded to create a class of industrial grade data centers for corporate customers seeking cost-effective alternative to the prospect of internal development and facilities management. Fortuna de San Jose facility is designed to deliver best in class reliability and total value for large scale deployments of mission critical applications. The property meets or exceeds the toughest standards in the industry for data centers – operating in all categories of availability, security, connectivity and physical resilience. Fortuna is a private company, founded in 2006.

For more information, visit: www.fortunedatacenters.com.

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