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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...

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 to d...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Read DensityAI, Founded By Former Tesla Dojo Execs, Valued At $10bn
AI chip startup DensityAI has raised hundreds of millions of dollars in funding at a $10 billion valuation. According to The Information, Andreessen Horowitz is in talks to lead the round, while De...
September 26, 2026

DensityAI, Founded By Former Tesla Dojo Execs, Valued At $10bn

Tesla

AI chip startup DensityAI has raised hundreds of millions of dollars in funding at a $10 billion valuation. According to The Information, Andreessen Horowitz is in talks to lead the round, while DensityAI has reportedly secured a purchase agreement with AWS based on performance requirements. Amaz...

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Read Generac Secures $8bn Backup Generator Deal With Amazon
Generac has signed a long-term deal to supply backup generators to Amazon’s data centers. The agreement includes about $2.4 billion in deliveries over two years and could reach $8 billion overall. ...
September 26, 2026

Generac Secures $8bn Backup Generator Deal With Amazon

Amazon AWS

Generac has signed a long-term deal to supply backup generators to Amazon’s data centers. The agreement includes about $2.4 billion in deliveries over two years and could reach $8 billion overall. Amazon will also have the option to buy nearly 1.7 million Generac shares. “It provides visibility t...

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Read Thailand To Finalize New Data Center Regulations By Mid-October
Thailand is expected to finalize new data center regulations by mid-October. According to Nation Thailand, the framework will set rules covering facility size, electricity use, and location. Govern...
September 25, 2026

Thailand To Finalize New Data Center Regulations By Mid-October

Thailand / Prathet Thai

Thailand is expected to finalize new data center regulations by mid-October. According to Nation Thailand, the framework will set rules covering facility size, electricity use, and location. Government agencies have provided data on existing operators, size classifications, and average electricit...

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Read DOE Announces $1.9bn for 31 Grid Projects to Accelerate Data Center Connections
The US Department of Energy (DOE) has announced $1.9 billion in funding for 31 grid improvement projects across 26 states, aimed at accelerating power connections for data centers and other large l...
September 25, 2026

DOE Announces $1.9bn for 31 Grid Projects to Accelerate Data Center Connections

United States

The US Department of Energy (DOE) has announced $1.9 billion in funding for 31 grid improvement projects across 26 states, aimed at accelerating power connections for data centers and other large loads. The projects are part of the DOE’s SPARK initiative and will receive $5.25 billion in total, i...

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Read Nscale Raises $3.36bn Ahead Of IPO
AI cloud company Nscale has raised $3.36 billion in pre-IPO funding from investors led by hedge fund Third Point. Investors include Nvidia, Apollo, Citadel, Hudson Bay Capital, Abu Dhabi Investment...
September 24, 2026

Nscale Raises $3.36bn Ahead Of IPO

Nscale

AI cloud company Nscale has raised $3.36 billion in pre-IPO funding from investors led by hedge fund Third Point. Investors include Nvidia, Apollo, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, and 8090 Industries. Nscale will receive $2.36 billion upfront, with Nvidia providing a fu...

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Read Crusoe Secures $3.9B For AI Data Center Expansion
AI data center and cloud company Crusoe has raised $3.9 billion in a Series F funding round, valuing the company at $30.9 billion. The round was co-led by Atreides Management, Mubadala Capital, and...
September 18, 2026

Crusoe Secures $3.9B For AI Data Center Expansion

Crusoe

AI data center and cloud company Crusoe has raised $3.9 billion in a Series F funding round, valuing the company at $30.9 billion. The round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with additional investment from Founders Fund, GIC, Nvidia, QIA, Radical Ven...

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Read Serverfarm Expands North American Data Center Fund To $3.89B
US data center company Serverfarm has increased its existing revolving credit facility to $3.89 billion after securing an additional $895 million. The funding, secured last month, will support Serv...
September 16, 2026

Serverfarm Expands North American Data Center Fund To $3.89B

ServerFarm Realty

US data center company Serverfarm has increased its existing revolving credit facility to $3.89 billion after securing an additional $895 million. The funding, secured last month, will support Serverfarm’s North American data center projects, including campuses in Houston, Texas, Clarksville, Ark...

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Read Goodman Raises $455M For Hong Kong Data Center Partnership
Goodman Group has raised $455 million for its Hong Kong Data Centre Partnership (GHKDCP). The funds will mainly finance the mechanical and electrical fit-out of Goodman HKG10 in Tsuen Wan, which Go...
September 16, 2026

Goodman Raises $455M For Hong Kong Data Center Partnership

Goodman Group

Goodman Group has raised $455 million for its Hong Kong Data Centre Partnership (GHKDCP). The funds will mainly finance the mechanical and electrical fit-out of Goodman HKG10 in Tsuen Wan, which Goodman will operate. The data center will be built inside an existing Goodman warehouse, with initial...

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Read Vantage Data Centers Raises $2B For North American Development Portfolio
Vantage Data Centers has secured $2 billion in financing to support early-stage development across its North American portfolio. The five-year revolving credit facility initially covers three devel...
September 15, 2026

Vantage Data Centers Raises $2B For North American Development Portfolio

Vantage Data Centers

Vantage Data Centers has secured $2 billion in financing to support early-stage development across its North American portfolio. The five-year revolving credit facility initially covers three development assets, with more eligible to be added. Vantage said the funding will accelerate project deli...

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Read Microsoft Plans 38GW Of Data Center Capacity By 2032
Microsoft plans to more than triple its data center capacity over the next five years, targeting 38GW by 2032, up from its current 12GW. The capacity will combine Microsoft-owned facilities with le...
September 11, 2026

Microsoft Plans 38GW Of Data Center Capacity By 2032

Microsoft Azure

Microsoft plans to more than triple its data center capacity over the next five years, targeting 38GW by 2032, up from its current 12GW. The capacity will combine Microsoft-owned facilities with leased capacity from third-party providers, including neoclouds such as CoreWeave, Nscale, Lambda, Ire...

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Read Hscale Secures $1B Hyperscaler Contract For Spanish Data Centers
Bain Capital-backed Hscale has secured a contract worth more than $1 billion with an unnamed hyperscaler for capacity at its data centers in Spain. The facilities will support the client’s cloud an...
September 09, 2026

Hscale Secures $1B Hyperscaler Contract For Spanish Data Centers

hscale

Bain Capital-backed Hscale has secured a contract worth more than $1 billion with an unnamed hyperscaler for capacity at its data centers in Spain. The facilities will support the client’s cloud and AI workloads, with the agreement potentially expanding to other Hscale data centers across EMEA. ...

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Read Damac And Vodafone Türkiye Triple Investment In Izmir Data Center Project
Damac Digital and Vodafone Türkiye have begun construction of their planned data center in Izmir, western Turkey. The project was first announced in 2024 with a $100 million investment, but Damac D...
September 09, 2026

Damac And Vodafone Türkiye Triple Investment In Izmir Data Center Project

DAMAC Digital

Damac Digital and Vodafone Türkiye have begun construction of their planned data center in Izmir, western Turkey. The project was first announced in 2024 with a $100 million investment, but Damac Digital has now increased the budget to $300 million. The facility will be Vodafone’s second data cen...

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Read Greenfield And Finsbury Infrastructure To Invest €360M In Milan Data Center
UK infrastructure developer Greenfield and Finsbury Infrastructure plan to invest up to €360 million ($418m) to develop a 36MW data center east of Milan, Italy. Greenfield has already secured 80MW ...
September 08, 2026

Greenfield And Finsbury Infrastructure To Invest €360M In Milan Data Center

Milan

UK infrastructure developer Greenfield and Finsbury Infrastructure plan to invest up to €360 million ($418m) to develop a 36MW data center east of Milan, Italy. Greenfield has already secured 80MW of power capacity for the site, which will support AI, cloud, and enterprise workloads while boostin...

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Read Flex Acquires Data Center Power Manufacturer EPC Power In $4.4B Deal
Flex has agreed to acquire EPC Power for $4.4 billion, expanding its data center power and thermal management portfolio. The deal, subject to regulatory approval, is expected to close in Q4 2026. E...
September 04, 2026

Flex Acquires Data Center Power Manufacturer EPC Power In $4.4B Deal

Singapore

Flex has agreed to acquire EPC Power for $4.4 billion, expanding its data center power and thermal management portfolio. The deal, subject to regulatory approval, is expected to close in Q4 2026. EPC will join Flex’s Cloud and Power Infrastructure segment, building on their existing partnership. ...

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Read Schwarz Group Plans €5.6bn Data Center In Mecklenburg-Vorpommern, Germany
Schwarz Group and Mecklenburg-Western Pomerania plan to develop a 240MW data center in Dummersdorf, Germany, backed by a €5.6 billion investment. The facility could expand to 1GW by 2045 and benefi...
August 29, 2026

Schwarz Group Plans €5.6bn Data Center In Mecklenburg-Vorpommern, Germany

Germany / Deutschland

Schwarz Group and Mecklenburg-Western Pomerania plan to develop a 240MW data center in Dummersdorf, Germany, backed by a €5.6 billion investment. The facility could expand to 1GW by 2045 and benefit from renewable wind power, a potential 380kV grid connection, and free cooling. Schwarz Group also...

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Read 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...
August 25, 2026

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

AIMS APAC REIT

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 g...

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Read 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 ...
August 25, 2026

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

United States

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 ...

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Read 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 faci...
August 24, 2026

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

Switch

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...

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Read 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 firs...
August 13, 2026

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

Malaysia

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...

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Read 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 billio...
August 07, 2026

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

NTT Data

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...

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