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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 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

April 16, 2025

Northampton Capital Partners Invests in Blueprint Data Centers

US data center firm Blueprint Data Centers has secured investment from an asset management company, Northampton Capital Partners. Scott McBride, founding partner at Northampton Capital Partners, said: “We are excited to work with the Blueprint team and look forward to what we believe will be a...

April 16, 2025

Intel Sells 51% Stake in Altera for $8.75bn

Intel has agreed to sell 51 percent of FPGA chip company Altera to private equity firm Silver Lake for $8.75 billion. Altera will retain a 49 percent stake in Altera, which Intel said will allow it to “participate in Altera’s future success while focusing on its core business.” Intel also anno...

April 14, 2025

Sparrow Quantum raises $24m in Funding Round

Sparrow Quantum has raised $24 million in a Series A funding round led by PensionDanmark with participation from the Export and Investment Fund of Denmark, Novo Holdings, and the European Innovation Council.The company has developed Sparrow Core, described as an “on-chip deterministic single-p...

April 12, 2025

Mark IV Capital Sells 300 Acres in Industrial Park outside Reno, Nevada

Real estate investment firm Mark IV Capital this week announced the sale of 300 acres within its Victory Logistics District to an unnamed technology company for a potential data center development. The buyer is described as a “global leader in enterprise software, cloud computing, artificial i...

April 07, 2025

PGIM Closes £2bn Global Data Center Fund

PGIM Real Estate has closed a $2 billion fund to back data center developments around the world. Morgan Laughlin, PGIM’s global head of data center investments, leads the fund. Laughlin described the fundraising as “an important milestone that reflects strong investor confidence in the sector ...

April 06, 2025

FiberLight Closes $500m Refinancing Facility

US fiber optic network firm FiberLight has closed a $500 million sustainability-linked refinancing facility which it plans to use to refinance existing debt and accelerate strategic initiatives, including organic network expansion and enhanced service delivery for both new and existing custome...

April 05, 2025

Hut 8 Acquires Majority Stake in Data Center Company Owned by Trump Sons

Crypto and AI data center firm Hut 8 said it has taken a majority 80 percent interest in American Data Centers, Inc., a company formed by a group of investors including Eric Trump and Donald Trump Jr., with American Data Centers, Inc. renamed and relaunched as American Bitcoin.“The launch of ...

April 04, 2025

Khazna Data Centers Confirms Fresh Funding

UAE-based Khazna Data Centers has taken investment from MGX and Silver Lake. Both firms are now holding undisclosed minority stakes in Khazna, alongside majority shareholder G42. The company described the news as “an exciting new chapter” in its development.As the two new investors come on boa...

April 03, 2025

GLP Closes Fund to Purchase Data Center in China

Property investor GLP has closed its first digital infrastructure-focused fund in China and plans to buy a data center with the proceeds. The fund has assets under management of 2.6 billion Yuan ($358m), having raised cash from a group of institutional investors based in China and abroad.GLP s...

April 01, 2025

Pulsant Purchases Two Data Centers in the UK

UK Edge data center firm Pulsant this week announced it had acquired data centers in Birmingham and Fareham from technology solutions and services provider SCC. The deal includes the facilities, facilities teams, and colocation clients.The Cole Valley facility, located at 20 Westwood Avenue i...

April 01, 2025

Edgnex Buys Finnish Data Center Developer Hyperco

Finnish data center developer Hyperco and Dubai operator Edgnex have formed a “strategic partnership” which will see Damac-owned Edgnex acquire Hyperco. Hyperco CEO Aleksi Taipale wrote on Linkedin that he and the existing Hyperco management team would remain in place following the takeover."O...

March 28, 2025

Switch Raises $3.for Refinance

US data center operator Switch has raised $3.5 billion, which it will use to refinance its existing debt. A statement from Switch said the company will use the cash to “refinance the majority of the company’s outstanding acquisition financing, which supported the take-private transaction led b...

March 27, 2025

Nscale to Expand Glomfjord Data Center in Norway

AI cloud firm Nscale has partnered with prefab data center provider InfraPartners to add 30MW of capacity next to Nscale’s existing 30MW facility in the Glomfjord Industrial Park, Norway.“InfraPartners has developed the first fully modular data center for AI workloads. We are changing the way ...

March 27, 2025

OADC Plans $240m Data Center in Lagos, Nigeria

Pan-Africa data center firm Open Access Data Centres (OADC) is set to spend $240 million on a 24MW data center in Lagos, Nigeria. Its CEO Dr. Ayotunde Coker mentioned to the press at an event held last week that the project would be built in two stages, with the first 12MW set to come online i...

March 26, 2025

Eurazeo Partners with Metrobloks for €100m Data Center Push

European investment fund Eurazeo has announced a €100 million partnership with Metrobloks, a US-based developer and operator of data centers in metropolitan areas. The companies will acquire land and develop data centers in Europe’s Tier 1/FLAPD markets, as well as emerging Tier 2 markets such...

March 26, 2025

DataOne Secures Investment from US Concrete Firm

European data center firm DataOne has secured investment for its new US subsidiary from a concrete company Northeast Precast which has now taken a minority shareholder position in DataOne USA.Charles-Antoine Beyney, CEO of DataOne, said: “I have been fortunate to start and successfully exit se...

March 25, 2025

Apple Launches New Clean Energy Fund in China

US technology provider and manufacturer Apple has launched a new clean energy fund in China worth an estimated 720 million yuan ($99.26m). This marks the second clean energy fund the company has launched in the country.The fund has a goal of adding around 550,000MWh of wind and solar capacity ...

March 21, 2025

SUB1 Secures Investment from Boultbee Brooks

A new UK data center developer SUB1 this week announced a major strategic investment from Boultbee Brooks Real Estate. The developer aims to focus on redeveloping brownfield sites on industrial estates and business parks with existing or potential on-site power to quickly deploy high-performan...

March 21, 2025

SoftBank to Acquire Ampere Computing for $6.5bn

SoftBank plans to acquire Ampere Computing for $6.5 billion. The company will now operate as a wholly owned subsidiary of SoftBank Group and retain its name, while lead investors Carlyle and Oracle will sell their stakes.SoftBank, meanwhile, remains the single largest shareholder of Arm, which...

March 19, 2025

Equinix Raises SGD $500m in Green Bonds

Equinix has issued SGD $500 million (US$375m) in green bonds to help fund efficiency improvements at its data centers in Singapore. The company claims to be the first US company to access the Singapore dollar market in more than five years, and will utilize the proceeds from the bond issue to ...

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Data Center News

Northampton Capital Partners Invests in Blueprint Data Centers

Intel Sells 51% Stake in Altera for $8.75bn

Sparrow Quantum raises $24m in Funding Round

Mark IV Capital Sells 300 Acres in Industrial Park outside Reno, Nevada

PGIM Closes £2bn Global Data Center Fund

FiberLight Closes $500m Refinancing Facility

Hut 8 Acquires Majority Stake in Data Center Company Owned by Trump Sons

Khazna Data Centers Confirms Fresh Funding

GLP Closes Fund to Purchase Data Center in China

Pulsant Purchases Two Data Centers in the UK

Edgnex Buys Finnish Data Center Developer Hyperco

Switch Raises $3.for Refinance

Nscale to Expand Glomfjord Data Center in Norway

OADC Plans $240m Data Center in Lagos, Nigeria

Eurazeo Partners with Metrobloks for €100m Data Center Push

DataOne Secures Investment from US Concrete Firm

Apple Launches New Clean Energy Fund in China

SUB1 Secures Investment from Boultbee Brooks

SoftBank to Acquire Ampere Computing for $6.5bn

Equinix Raises SGD $500m in Green Bonds

Ready to Level up Your Data Center Strategy?

Ready to Level up Your
Data Center Strategy?