Data Center News

Eutelsat Announces €1.35bn Capital Raise

France

European satellite operator Eutelsat this week announced a €1.35 billion ($1.55bn) contemplated capital raise, anchored by key shareholders, to “secure the execution of [its] long-term strategic vision,” to fuel its Low Earth Orbit (LEO) ambitions, led by the French government.“This capital in...

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential.“This particular piece of...

Soluna Secures $20million for New Development in Texas

Crypto and AI data center firm Soluna this week the company announced financing from Spring Lane Capital for a 35MW phase of Project Kati, a behind-the-meter data center project in Texas. The financing will facilitate the construction of the first 35MW of the 83MW phase of Kati 1, which will b...

Crusoe Secures $750m Credit Facility from Brookfield

United States

Crusoe  this week announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform to fuel its data center and cloud build-out. The financing will primarily be deployed to fuel the development of Crusoe’s planned data centers an...

GoTo Group Migrates Digital Payments Unit to Alibaba Cloud

Alibaba Cloud

Indonesia's GoTo Group has moved the infrastructure of GoTo Financial, the company's digital payments unit, to Alibaba Cloud's data centers in Jakarta in hopes that the migration will help streamline its operations, reduce costs, and improve service efficiency.Patrick Walujo, GoTo Group CEO, s...

Amazon to Invest $20bn in Data Centers in Pennsylvania

Pennsylvania

Amazon is committing to investing $20 billion in Pennsylvania to expand its AI infrastructure. The company will initially focus that investment on Salem Township and Falls Township, intending to develop "innovation campuses.""Pennsylvania is competing again—and I'm proud to announce that with ...

Amazon to Invest $10bn in North Carolina

Amazon AWS

Amazon has revealed plans to invest $10 billion for the expansion of its data center infrastructure in North Carolina which will be used to support the company's cloud and AI services, and is expected to bring 500 full time jobs to the region.“Artificial intelligence is changing the way we wor...

Brookfield Plans $10bn Investment on a Swedish AI Data Center

Sweden

Brookfield Asset Management plans to spend up to 95 billion kronor ($9.9 billion) on an AI data center in Strängnäs, Sweden. The investment more than doubles a planned 300MW facility to 750MW, with the company planning to purchase 350,000 sqm of additional land in Strängnäs to support the larg...

GridFree AI raises $5m for Off-Grid Data Center Deployment

United States

GridFree AI, an infrastructure startup backed by Montauk Climate, has raised $5 million in seed funding as it looks to streamline and accelerate data center deployment using its Power Foundry platform, which integrates power generation, battery storage, and cooling into a modular, grid-indepen...

Vantage Secures $5 Billion in Green Loans

Vantage Data Centers

Vantage Data Centers has secured $5 billion in incremental green loan financings to meet data center demand in the US which includes a $2.25 billion financing to fully fund construction of the company’s campus in New Albany, Ohio, as well as a $2.75 billion upsizing of an existing $3 billion 2...

Bitzero Blockchain Announces Four Data Centers

United States

Bitzero Blockchain, the cryptomining and HPC infrastructure firm backed by Shark Tank star Kevin O'Leary, has announced the development of four data centers across the US, Finland, and Norway, with the locations for its new data centers all seclected based on their cold climates.By "combining ...

GRC Secures Investment from Samsung Ventures

GRC, a provider of single-phase immersion cooling for data centers this week announced it has secured investment from Samsung Ventures to support its growth. Ventures joins GRC's major shareholders, including HTS, SK Enmove, and ENEOS in the latest financing, while Samsung’s C&T constructi...

Google to Invest $7bn in Iowa Expansion

Google

Google announced over the weekend that it is "investing an additional $7 billion in Iowa within the next two years in cloud and AI infrastructure, as well as in expanded workforce development programs, meaningfully increasing the pace of investments the company has made in the state since 2007...

Microsoft to Invest $400 Million to Expand Swiss Footprint

Microsoft Azure

Microsoft has revealed that it will be expanding its data center capacity in Switzerland with a $400 million investment which will "further strengthen Switzerland's cloud and artificial intelligence capabilities, including the provision of cutting-edge graphics processing units (GPUs)."Microso...

Global Infrastructure Partners to Invest over $1bn in Thailand

Thailand / Prathet Thai

Investment firm Global Infrastructure Partners (GIP) will invest more than $1bn in Thai data centers. The company recently announced a partnership with Thailand’s largest conglomerate, Charoen Pokphand (CP) Group, and its data center subsidiary True IDC.CEO of GIP, Bayo Ogunlesi, said: “The gr...

GridCARE Raises $13.5m for Grid Connection Timelines Reduction

United States

GridCARE, an AI startup focusing on expediting the route to market for data centers seeking a grid connection announced that it has closed an oversubscribed $13.5 million funding round. This round was led by Xora, with participation from Aina Climate AI Ventures, Sherpalo Ventures, Breakthroug...

Heron Power Raises $38m to Fast-track Grid Hardware

United States

US power electronics developer Heron Power has closed a Series A funding round, successfully raising $38 million. Following the Series A round, Heron has now raised a total of $43 million. The funding will support the commercialization of its Heron Link product, which aims to replace legacy tr...

Sophia Space Secures $3.5m for Orbital Data Centers

Seattle

Seattle-based Sophia Space, an orbital computing venture, has raised $3.5 million in pre-seed funding led by Unlock Ventures with the participation of angel investors, to develop Edge compute solutions for orbit and what they call space-based data centers.“We are at the dawn of a new era where...

IHS Towers to sell Rwandan Operations to Paradigm Tower Ventures

Rwanda

Tower firm IHS Holding Limited has reached an agreement with Paradigm Tower Ventures for the acquisition of its 1,465 tower sites in Rwanda for an enterprise value of $274.5 million. IHS said it expects the sale of IHS Rwanda Limited to close in the second half of 2025, pending government and ...

Turkcell Secures €100m for Data Center Expansion

Turkish telco Turkcell this week announced that its subsidiary, TDC Veri Hizmetleri (TDC), has secured €100 million ($112.5m) in murabaha financing through a strategic agreement with Emirates NBD Bank.The five-year financing agreement will be used towards Turkcell Group’s data center investmen...