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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Principal Asset Management
Principal Asset Management this week announced the sale of a 15.2MW, 185,000 sq ft (17,185 sqm) single-story data center in Alpharetta, Fulton County.The data center, located on 39 acres at 4905 North Point Parkway, was originally built for a telecommunications technology company in 2009, with...
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United States
US fuel cell developer Bloom Energy has signed a $5 billion AI infrastructure partnership with global investment firm Brookfield, which will see an investment of up to $5bn to support the deployment of Bloom’s Solid Oxide Fuel Cell (SOFC) technology in AI data centers worldwide.KR Sridhar, fou...
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France
Cellnex, through its wholly owned subsidiary Cellnex France, this week announced it has entered into a put option agreement with Vauban Infra Fibre (VIF) to sell 99.99 percent of Towerlink France, the entity responsible for the group’s main data center operations in France.“We remain committed...
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Verne Global
Nordic data center firm Verne this week announced it has sold the Finnish operations, including facilities in Pori and Tampere, to Nordic cloud firm Glesys. “We’re pleased to welcome a talented team and a strong customer base through this agreement with Verne. It expands our data center footpr...
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Galaxy Digital
Galaxy Digital this week entered into investment agreements with “one of the world's largest and most respected asset managers” for a $460 million private strategic investment in Galaxy's Class A common stock.Galaxy intends to use the proceeds from the investment for general corporate purposes...
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Google is spending $15 billion on new data centers and other digital infrastructure in the Indian state of Andhra Pradesh. The company will work with Indian firms AdaniConneX and Airtel to build an “AI hub” in the city of Visakhapatnam, on India's east coast.Thomas Kurian, CEO of Google Cloud,...
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Aligned
Aligned Data Centers is being sold to BlackRock and MGX in a deal worth $40 billion, the biggest ever acquisition in the digital infrastructure space. Macquarie Asset Management selling it to a group comprising the AI Infrastructure Partnership (AIP), MGX, and BlackRock-owned Global Infrastruc...
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Google has committed to investing an additional €5bn ($5.8bn) in cloud and AI infrastructure in Belgium over the next two years. The investment will go towards expanding the company's data center campuses in Saint-Ghislain and aims to add a further 300 full-time jobs.“With today’s announcement...
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Related Digital
Related Digital has broken ground on a $1.2 billion data center campus in Cheyenne, Wyoming, which will host AI infrastructure for CoreWeave. The 115-acre campus will be located on land on Cheyenne Business Parkway, and could eventually offer up to 302MW of capacity. As anchor tenant, CoreWeav...
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QTS Data Centers
QTS has begun site work on a massive data center project in Northumberland, UK which could see an investment of up to £10 billion ($13.2bn) across 10 facilities if fully built out. This March, the project received outline planning permission from the local council. After initially being pitche...
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Digital Edge DC
Digital Edge (Singapore) Holdings Pte. Ltd. this week announced the successful close of an IDR 5.5 trillion ($325 million) corporate facility from local financial firm PT Bank Central Asia Tbk (BCA). The corporate facility is provided to Digital Edge’s Indonesia platform, comprising the contro...
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United States
Johnson Controls has announced a “multi-million-dollar” strategic investment in two-phase direct-to-chip liquid cooling firm, Accelsius.“With the sharp growth in AI, cooling innovation has become a front-line imperative to meet the increasing demands of high-density data centers,” said Austin ...
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Norway
Norwegian renewable investment firm Magnora has entered the data center market with the acquisition of Norwegian data center developer Storespeed. Magnora acquired a 75 percent stake in the company in partnership with Blix Solutions, a data center developer based in Norway, which nabbed a five...
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North America
US operator Centersquare this week announced the acquisition of 10 data centers across the United States and Canada. Acquired sites include two data centers in Boston and Minneapolis that the company had been operating under long-term lease agreements, along with eight additional colocation fa...
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United States
Enterprise software investment firm Thoma Bravoo this week announced a strategic minority investment in SDC Capital Partners, a digital infrastructure investment firm. Terms of the deal weren’t shared."Thoma Bravo is one of the world's most admired investment firms and shares our view on the b...
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Australia
Australian data center firm DigiCo Infrastructure REIT has secured a number of new deals in Sydney, Brisbane, and Adelaide. The company announced customer wins across its Australian data center platform from a combination of hyperscale, neocloud, enterprise, and government clients, adding 14MW...
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United States
Wafer-scale chip designer Cerebras Systems has raised $1.1 billion in an oversubscribed Series G funding round, at an $8.1bn valuation. The company said it would use the funds to expand its technology portfolio, including AI processor design, packaging, system design, and AI supercomputers. "F...
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Belgium
Belgian operator Datacenter United (DCU) recently acquired by Cordiant Digital Infrastructure and TINC, raised a five-year senior financing package of €120 million ($140m) from a consortium of banks comprising DNB, Belfius Bank, and NIBC Bank.“Companies in Belgium and beyond count on us to sup...
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North America
Avangrid, the North American arm of Spanish electrical utility Iberdrola, has announced a $18.5 billion investment plan into electric and gas network infrastructure within the US by 2028. The investment will focus on rebuilding and replacing aging infrastructure in electric and gas utilities, ...
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California
California’s biggest utility company, Pacific Gas and Electric (PG&E), has revealed a new $73 billion spending program to upgrade its grid infrastructure to meet the surging demand from artificial intelligence and cloud computing.The investment is expected to support up to 10GW of new data...
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