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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition t...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Starcloud Raises $250m Series A Extension At $2.3bn Valuation For Orbital AI Data Centers

Orbital data center company Starcloud has raised $250 million in a Series A extension at a $2.3 billion valuation, following its $170 million Series A in March. The round was led by Manhattan West and included existing investors such as Benchmark and EQT, alongside new investors including Nvidia ...

August 25, 2026

United States

APAC Data Center Asset Values Could Hit $1 Trillion By 2030, Cushman & Wakefield Forecasts

Data center asset values across APAC could approach $1 trillion by 2030, according to Cushman & Wakefield. The firm estimates that more than $280 billion in capital expenditure will be needed, with over 77% directed toward Japan, Malaysia, Australia, India, and Indonesia. AI adoption, cloud growt...

August 25, 2026

AIMS APAC REIT

Switch Files Plans For Data Center Campus At Former Pittsburgh Race Track

Switch has filed plans for a new three-building data center campus in Big Beaver Borough, near Pittsburgh, Pennsylvania. The proposed Big Beaver Data Center/Switch Pit 01-03 will feature three facilities, each covering 201,690 sq ft (18,737 sqm). Planning documents indicate a combined backup gene...

August 24, 2026

Switch

STT GDC Secures $1.37bn Funding for 166MW Malaysia Data Center

APAC data center operator ST Telemedia Global Data Centres (STT GDC) has secured up to $1.37 billion in green financing for its 166MW STT Johor campus in Malaysia. The funding will support the first phase, which will provide 16MW of IT capacity and is expected to be completed by 2027. STT GDC beg...

August 13, 2026

Malaysia

NTT Data Reports $500M Data Center Investment in Q1 Results

Japanese IT services provider NTT Data reported $634 million in data center investment during Q1 FY2026, alongside $733 million in data center sales. Overall, the NTT Group company posted $8 billion in net sales, up 15.8 percent year over year, while net new orders rose 29.7 percent to $9.15 bill...

August 07, 2026

NTT Data

Partners Group to Invest $1bn in AVK to Expand Data Center Microgrid Offering

Swiss private equity firm Partners Group has agreed to acquire a majority stake in UK-based data center power infrastructure provider AVK Power Solutions. Partners Group plans to invest more than $1 billion in equity, backed by debt financing, to accelerate AVK’s expansion and grow its microgrid ...

August 06, 2026

United Kingdom

LG to Invest Additional $910m in 200MW Data Center Near Seoul

South Korean conglomerate LG will invest an additional 1.3 trillion won ($910 million) in its 200MW data center project in Paju, located about 19 miles (31km) north of Seoul, according to local reports. The new investment more than doubles LG’s previous commitment of 615.6 billion won ($441.7 mil...

August 01, 2026

Seoul

CyrusOne Files Plans for Three-Building, $1.5bn Data Center Campus in Fairfield, Texas

CyrusOne has filed plans for three buildings at a new data center campus in Fairfield, Texas, located adjacent to Calpine’s Freestone natural gas power plant. The project, on FM 488 in Freestone County, about 90 miles (144.8km) south of Dallas, is part of a 760MW data center development being bui...

August 01, 2026

CyrusOne

Featured

Data Centre Developer Sues New Jersey Town for $300m

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

AirTrunk Secures $2.3bn Funding for Johor Bahru Data Centre Campus

APAC data centre firm AirTrunk has secured $2.3 billion in funding for its JHB2 campus in Johor Bahru, Malaysia. Announced in 2025, JHB2 is expected to deliver more than 270MW of capacity across a 520-hectare site, alongside the company’s expanding JHB1 facility. The loan was supported by 30 l...

July 29, 2026

AirTrunk

Pure DC Lands €1.3bn to Fund Finland Data Center Project

Pure DC has secured €1.3 billion ($1.48bn) in senior debt financing for the first phase of its Seinäjoki AI data center campus in Finland. Phase I will see more than €1.5 billion invested in a 110MW facility, with the campus planned to scale to 550MW. The first phase is already fully leased, repo...

July 22, 2026

Pure Data Centres Group

Prysmian Signs $6.29bn Data Center Connectivity Deal With Molex

Italian cable manufacturer Prysmian has signed a €5.5 billion ($6.29bn) agreement with Koch-owned Molex to supply optical cables for data center deployments. The deal includes a €550 million ($570m) upfront payment and will run for up to 10 years. Prysmian, founded in 1879, produces energy and te...

July 21, 2026

Italy

Aon Expands Data Center Insurance Offering With $5bn Capacity Increase

Aon has expanded its Data Center Lifecycle Insurance Program (DCLP), adding $5 billion in capacity and broader risk solutions for data center developers and operators. The multi-line insurance program covers construction, cargo, cyber, and operational risks across the data center lifecycle. The e...

July 21, 2026

United States

IFC to Invest Up to $175m in AirTrunk Data Centers in Johor, Malaysia

The International Finance Corporation (IFC) will invest up to $175 million in AirTrunk’s planned data centers in Johor, Malaysia. AirTrunk’s JHB1 facility, which opened in July 2024, currently provides more than 50MW of capacity and is expected to reach over 150MW at full build-out. JHB2, announc...

July 20, 2026

Malaysia

Meta Expands Louisiana Data Center Campus To 5GW

Meta plans to more than double its Richland Parish, Louisiana, data center campus to 5GW of capacity. The site, known as the Hyperion data center project, was previously planned as a 2GW development. Announced in late 2024, Hyperion was originally designed as a 4 million sq ft (372,000 sqm) campu...

July 13, 2026

TeraWulf Seeks $3.5 Billion to Build Data Center for Anthropic

TeraWulf is seeking approximately $3.5 billion in debt financing to support construction of its Justified Data campus in Hawesville, Kentucky, which will be leased to AI company Anthropic. According to Bloomberg, Morgan Stanley is expected to lead the financing package, which is likely to include...

July 10, 2026

Terawulf

National Grid Ventures Invests $1.75bn in Gas Plant for Microsoft Texas Data Center

National Grid Ventures (NGV), the commercial arm of National Grid, has acquired a 35% stake in Joulent for $1.75 billion to support development of power infrastructure for large data centers. The investment will help fund Project Kilby, a 2.67GW natural gas facility being developed with Chevron. ...

July 04, 2026

Microsoft Azure

Digital Realty Buys Blackstone Stake in Three Virginia Data Centers for $3.5 Billion

Digital Realty is acquiring a stake in three Northern Virginia data centers from Blackstone. The deal covers 288MW of fully leased capacity across two sites in Manassas and one at the Digital Dulles campus in Sterling, all 100% leased to hyperscale customers. Blackstone is selling a 64% interest ...

July 01, 2026

Digital Realty Trust

Omen AI Secures $31M for Data Center Fluid Monitoring Technology

Omen AI has raised $31 million in Series A funding to develop systems for monitoring servers and other data center equipment. The San Francisco-based company’s round was led by Nava Ventures, bringing its total funding to $41.5 million since its 2024 founding. Investors include former Meta COO Sh...

July 01, 2026

United States

Aston Power Raises $20M to Expand Private Power Platform for Data Centers

US power delivery platform Aston Power has raised $20 million in a funding round led by TDK Ventures and JLL Spark Global Ventures to expand its presence in the data center sector. The company said it will use the funding to grow its operations across North America and accelerate deployment of it...

June 19, 2026

United States

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