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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Poland
The Polish Ministry of Funds and Regional Policy has announced its intent to build a data center, buy six satellites and build a ground station to service them in Poland, at a combined cost of PLN2 billion ($548 million). The investment is part of Poland’s National Reconstruction Plan (the KPO...
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United States
Cryptominer CleanSpark this week announced it was increasing its Bitcoin-backed credit facility with Coinbase Prime by $100m. The funds will be “strategic capital expenditures,” including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-perf...
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Nscale
AI data center developer Nscale has raised $1.1 billion to help its build-out in the UK and beyond in a Series B round led by Aker ASA, and participation from the likes of Blue Owl, Dell, Fidelity Management & Research Company, G Squared, Nokia, Nvidia, Point72, and T.Capital.“AI is reshap...
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United Kingdom
AI Pathfinder, a new data center developer has revealed plans to invest up to £18.4 billion ($24.86bn) in UK digital infrastructure, with new facilities in England and Scotland. It has also committed to investing up to £15bn ($20.2bn) in a data center at the i3 industrial park in Ayrshire, Sco...
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Rowan Digital Infrastructure
US data center developer Rowan Digital Infrastructure has secured $925 million in new financing for the third phase of its flagship Bauxite campus in Maryland, bringing total debt raised for Bauxite to more than $3.1bn. Led by SMBC, MUFG, Mizuho, and Societe Generale, the financing was the fir...
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CoreWeave
US neoloud CoreWeave plans to invest another £1.5 billion ($2bn) in UK AI data center capacity and operations which comes on top of a previous £1bn ($1.4bn) commitment, and includes a deployment at a DataVita data center in Scotland.“Our investment in the UK will establish one of the world’s l...
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Vantage Data Centers
US operator Vantage Data Centers is entering the Spanish market and has announced plans to invest €3.2 billion ($3.78bn) in developing a data center campus in Villanueva de Gállego, the Zaragoza area of Aragon. The project will be developed in collaboration with the Aragonese company Desarroll...
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Microsoft Azure
Microsoft has signed a deal to rent $6.2 billion of AI computing power in Norway. The capacity will be provided by Nscale and Norwegian investment company Aker. The compute capacity will be powered entirely by renewable energy, and it seems to be from the same data center as announced earlier ...
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United States
Nvidia will invest $5 billion in Intel as part of an agreement to jointly develop custom data center and personal computing hardware. Both companies would work to connect Nvidia and Intel architectures using Nvidia’s NVLink technology, with Intel set to build custom x86 CPUs that will integrat...
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United Kingdom
Power technology firm ABB is investing $110 million in manufacturing over the next three months to support growth in industries such as data centers. This investment is to “expand R&D and manufacturing of its advanced electrification solutions,” as customers “focus on improving energy effi...
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Vantage Data Centers
Vantage Data Centers has raised $1.6 billion to expand its presence in the Asia-Pacific region, starting with the acquisition of Yondr Group’s data center campus in Johor, Malaysia.“This significant investment marks a pivotal milestone in our APAC growth journey,” said Jeremy Deutsch, presiden...
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Finland
Helen, one of Finland's largest energy companies, has announced that it is open to supporting data center operators in joining its “comprehensive energy system” in Helsinki, where facilities can be connected to the city’s advanced district heating and cooling network."The synergy benefits of d...
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United Kingdom
The UK government's Ministry of Defence (MoD) has awarded Google Cloud a £400 million ($542.12m) contract. Google is to deliver a UK sovereign cloud capability to give the MoD a secure cloud platform. The offering will be built on Google Distributed Cloud Air-Gapped.“Google Cloud is dedicated ...
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KAO Data
Kao Data investor Legal and General (L&G) has closed a €600 million ($706m) fund that will invest in digital infrastructure projects in Europe and the UK. This is “a key milestone in L&G’s asset management strategy to expand its private markets proposition,” the company said. A second ...
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Poland
A data center project in Poland is offering up to PLN 800 million ($220m) in funding for three state-owned data centers, with the Digital Poland Project Center calling for applications. The data centers are each expected to span around 2,000 sqm (21,527 sq ft), and will "largely" be powered by...
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Germany / Deutschland
EcoDataCenter has secured €600 million ($703m) in debt financing from Deutsche Bank Private Credit and Infrastructure which will be used to develop AI data centers in Sweden.“AI infrastructure is a new base industry, and we are building one of Europe’s most exciting companies in the sector. We...
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Khazna
Khazna Data Centers has secured $2.62 billion in bank financing from two of the country’s banks, Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank, to grow its data center empire.“The criticality of our work is highlighted by the expanding scale, scope, and sophistication required to s...
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United States
Hitachi Energy has announced a $1 billion investment to scale up its grid infrastructure manufacturing footprint in the US, addressing the power demand from the AI data center sector. Nearly half of the investment, $475 million, is earmarked for the construction of a new power transformer manu...
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ODATA SA
Latin American data center firm OData this week announced $1.02bn in green financing. The proceeds will be used for data center projects that “meet the highest standards of sustainability” across Brazil, Mexico, Chile, and Colombia. The company said the financing was the largest of its kind fo...
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Germany / Deutschland
German software company SAP is planning to invest more than €20 billion ($23.3bn) in expanding its sovereign cloud offering in Europe which will span the next 10 years.Among SAP's plans is to bring an Infrastructure-as-a-Service (IaaS) platform to its European cloud offerings, as well as launc...
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