RBS Lombard provides funding boost to Welsh based Data Centre

Next Generation Data, the self-funded UK private owner and operator of Europe’s largest Tier 3 data centre in Newport, has secured significant backing from RBS Lombard, the asset finance arm of The Royal Bank of Scotland.

This additional funding will help support the investment required for infrastructure equipment to fit out data halls inside the massive 75,000m² building for the company’s first major blue chip customers.

The £200m project commenced over 2 years ago to convert the former LG Electronics plant near Newport into one of only a handful of high quality Tier 3 data centres outside London. Next Generation Data has the flexibility to accommodate the current and future expansion requirements of the very largest corporate customers and support the newest technologies including Cloud Computing, Super Computing and Grid Computing.

Next Generation Data provides organisations which have several older data centres that are now too small or constrained by lack of power the opportunity to consolidate their operations under one roof, saving them money and gaining the advantages of state-of-the-art resilience, security and efficiency.

Capable of housing up to 19,000 server racks, the data centre has been purpose built to support the high level technology infrastructure necessary to meet growing global demand for secure, environmentally-friendly data storage and processing.

“In a very tough economic climate Next Generation Data is delighted to have won the support of RBS Lombard” said company chairman Simon Taylor.

“We have always enjoyed a strong and very supportive relationship with the Welsh Government and to have earned the additional backing of RBS Lombard is indicative of the bank’s confidence in our business fulfilling its considerable potential.”

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21 January 2010