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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Virginia
Virginia’s primary electrical utility, Dominion Energy, has proposed the creation of a new rate class for data centers.The new class would apply to utility customers who consume more than 25MW of energy and have a monthly load factor of more than 75 percent. This will result in many, if not mo...
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Microsoft Azure
Microsoft has agreed to provide the US government with up to $6 billion in discounts over the next three years. The discounts will apply to Azure cloud computing services, Microsoft 365, Copilot, Dynamics 365, and cybersecurity tools. The first year alone could see the government saving up to ...
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North Dakota
North Dakota State University (NDSU) has been awarded $3.85 million to acquire and deploy an AI supercomputer named Bison, which will be housed in the university’s Center for Computationally Assisted Science and Technology (CCAST) data center and is expected to come online in the summer of 202...
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Michigan
A former US Air Force data center, used as a call center until recently, is up for sale in Michigan. Sitting on 3.6 acres in Iosco County’s Wurtsmith Industrial District, the single-story facility spans 13,100 sq ft (1,215 sqm).It was originally a data center supporting Wurtsmith Air Force Bas...
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United States
US cryptocurrency data center and power generation firm Greenidge Generation has seen a deal to sell off two parcels of land to Data Journey in South Carolina fall through.As part of the initial agreement, Greenidge was set to support Data Journey in developing and building a new data center t...
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Google and Virginia Governor Glenn Youngkin this week announced Google will invest an additional $9 billion in Virginia through the end of 2026. The funds will go towards the development of a new data center in Chesterfield County and expansion of the existing facilities in Loudoun and Prince ...
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Scala Data Centers
Brazilian data center developer Scala Data Centers has secured $25 million in financing from Caterpillar Power Finance, marking Caterpillar’s first with a data center company in Latin America. The financing is designed to drive sustainable growth across the company.“This milestone goes far be...
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Google-backed nuclear fusion company, Commonwealth Fusion Systems (CFS), has successfully raised $863 million in Series B2 funding, adding a range of international investors to its list of backers. New investors included NVentures (Nvidia's venture capital arm), Counterpoint Global, Galaxy Int...
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New Mexico
Stack this week announced its role in Project Jupiter, a proposed large data center campus in Doña Ana County. Stack is collaborating with BorderPlex Digital Assets, with the two companies aiming to invest up to $165 billion over the entire project. Stack hasn’t detailed its exact role in the ...
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CoreWeave
Blue Owl is funding the development of CoreWeave’s planned data center campus in Pennsylvania. Funds managed by Blue Owl Capital closed on a joint venture partnership to include $4 billion of funding for the previously announced CoreWeave developments in Lancaster, Pennsylvania.Blue Owl aims t...
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Novva Data Centers
US operator Novva Data Centers has acquired more land in Las Vegas, Nevada in a $181 million deal which reportedly closed earlier this month. The Las Vegas Review-Journal reports VanTrust Real Estate sold nearly 205 acres in the Apex Industrial Park in North Las Vegas to Novva.According to th...
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Amazon AWS
Vietnam’s Ministry of Science and Technology has announced Amazon has pledged to invest $570 million in connectivity infrastructure by 2030 to deploy Kuiper services in the country. The investment will fuel up to six ground stations in the country, and set up satellite terminal manufacturing i...
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United States
OpenLight, a designer of custom application-specific photonic chips, has secured $34 million in a funding round that was co-led by Xora Innovation and Capricorn Investment Group. Other participants include Mayfield; HPE’s Juniper Networks; Lam Capital, the corporate venture arm of Lam Research...
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Qatar
Meeza, a data center and IT firm in Qatar announced this week that it has secured a QAR 800 million ($219.3m) Commodity Murabaha bank facility from Dukhan Bank to fund its build-out. The financing will fund expansion plans to add 44MW of data center capacity. The first phase will deliver 24MW,...
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Pennsylvania
Essential Utilities, a US-based utility company focusing on natural gas and wastewater treatment, has invested $26 million into a data center project in development in Greene County, Pennsylvania.The utility signed an agreement with independent power producer International Electric Power III (...
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United States
The US government has taken a 9.9 percent stake in beleaguered chipmaker and designer Intel, investing $8.9 billion in Intel, with $5.7bn coming from funds that would have been awarded through the CHIPS Act and $3.2bn from funds from the Secure Enclave program. Intel has already received $2.2b...
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United States
Atmosphere Data Centers, a new US-based operator this week announced it has secured a “significant strategic growth investment” from AGC Equity Partners, a global institutional investment firm. “This investment represents a major milestone for Atmosphere,” said Chuck McBride, CEO of Atmosphere...
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Texas
Galaxy Digital Holdings Ltd. has closed a $1.4 billion project financing facility for the development of its Helios data center campus in Texas which was previously used by Galaxy for cryptomining, before being converted to host AI cloud provider CoreWeave."This financing marks a major milesto...
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AVAIO Digital Partners
Data center developer Avaio Digital Partners this week announced plans for a new $6 billion data center campus in Mississippi's Rankin County. The campus, known as Avaio Digital Taurus, will total 600,000 sq ft (55,742 sqm) of data center space and 116MW of capacity. The company said the proje...
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Michigan
Two data centers planned by the University of Michigan (U-M) have been asked to relocate following a meeting by local officials. The data centers are part of a $1.2bn project, and are currently planned for 124 acres purchased by U-M off Textile Road in Ypsilanti Township in June 2024.The data ...
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