← All glossary terms

Connectivity

Carrier-neutral

Carrier-neutral means the facility allows multiple network providers rather than locking customers into one carrier. It improves customer choice, redundancy, pricing leverage, and network performance options.

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Data center

A data center is a room, building, or campus designed to house information technology equipment at meaningful density. In Volterra context, the important distinction is whether the facility is powered, connected, cooled, redundant, and commercially ready for the intended workload.

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Phase I ESA

Phase I Environmental Site Assessment is a non-invasive environmental diligence review for recognized environmental conditions. It is a standard transaction step and can determine whether deeper Phase II testing is needed before closing or development.

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Renewal option

Renewal option gives a tenant a contractual right to extend the term if conditions are met. Data center renewals should clarify rent reset, power capacity, SLA continuity, infrastructure refresh, and notice windows.

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