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Kansai Electric to Enter Data Center Biz

Kansai Electric to Enter Data Center Biz

   Osaka, May 22 (Jiji Press)--Kansai Electric Power Co. said Monday it will enter the business of developing and operating large-scale data centers.
   The Japanese power supplier plans to establish a fifty-fifty joint venture with major U.S. data center operator CyrusOne later this month. The joint venture, CyrusOne KEP Inc., will have capital of 586 million yen and will be located at Kansai Electric's headquarters.

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AFP-JIJI PRESS NEWS JOURNAL


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