Featured
Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United Kingdom
Swiss private equity firm Partners Group has agreed to acquire a majority stake in UK-based data center power infrastructure provider AVK Power Solutions. Partners Group plans to invest more than $1 billion in equity, backed by debt financing, to accelerate AVK’s expansion and grow its microgrid ...
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CyrusOne
CyrusOne has filed plans for three buildings at a new data center campus in Fairfield, Texas, located adjacent to Calpine’s Freestone natural gas power plant. The project, on FM 488 in Freestone County, about 90 miles (144.8km) south of Dallas, is part of a 760MW data center development being bui...
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Seoul
South Korean conglomerate LG will invest an additional 1.3 trillion won ($910 million) in its 200MW data center project in Paju, located about 19 miles (31km) north of Seoul, according to local reports. The new investment more than doubles LG’s previous commitment of 615.6 billion won ($441.7 mil...
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August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
AirTrunk
APAC data centre firm AirTrunk has secured $2.3 billion in funding for its JHB2 campus in Johor Bahru, Malaysia. Announced in 2025, JHB2 is expected to deliver more than 270MW of capacity across a 520-hectare site, alongside the company’s expanding JHB1 facility. The loan was supported by 30 loca...
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Pure Data Centres Group
Pure DC has secured €1.3 billion ($1.48bn) in senior debt financing for the first phase of its Seinäjoki AI data center campus in Finland. Phase I will see more than €1.5 billion invested in a 110MW facility, with the campus planned to scale to 550MW. The first phase is already fully leased, repo...
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Italy
Italian cable manufacturer Prysmian has signed a €5.5 billion ($6.29bn) agreement with Koch-owned Molex to supply optical cables for data center deployments. The deal includes a €550 million ($570m) upfront payment and will run for up to 10 years. Prysmian, founded in 1879, produces energy and te...
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United States
Aon has expanded its Data Center Lifecycle Insurance Program (DCLP), adding $5 billion in capacity and broader risk solutions for data center developers and operators. The multi-line insurance program covers construction, cargo, cyber, and operational risks across the data center lifecycle. The e...
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Malaysia
The International Finance Corporation (IFC) will invest up to $175 million in AirTrunk’s planned data centers in Johor, Malaysia. AirTrunk’s JHB1 facility, which opened in July 2024, currently provides more than 50MW of capacity and is expected to reach over 150MW at full build-out. JHB2, announc...
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Meta
Meta plans to more than double its Richland Parish, Louisiana, data center campus to 5GW of capacity. The site, known as the Hyperion data center project, was previously planned as a 2GW development. Announced in late 2024, Hyperion was originally designed as a 4 million sq ft (372,000 sqm) campu...
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Terawulf
TeraWulf is seeking approximately $3.5 billion in debt financing to support construction of its Justified Data campus in Hawesville, Kentucky, which will be leased to AI company Anthropic. According to Bloomberg, Morgan Stanley is expected to lead the financing package, which is likely to include...
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Microsoft Azure
National Grid Ventures (NGV), the commercial arm of National Grid, has acquired a 35% stake in Joulent for $1.75 billion to support development of power infrastructure for large data centers. The investment will help fund Project Kilby, a 2.67GW natural gas facility being developed with Chevron. ...
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Digital Realty Trust
Digital Realty is acquiring a stake in three Northern Virginia data centers from Blackstone. The deal covers 288MW of fully leased capacity across two sites in Manassas and one at the Digital Dulles campus in Sterling, all 100% leased to hyperscale customers. Blackstone is selling a 64% interest ...
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United States
Omen AI has raised $31 million in Series A funding to develop systems for monitoring servers and other data center equipment. The San Francisco-based company’s round was led by Nava Ventures, bringing its total funding to $41.5 million since its 2024 founding. Investors include former Meta COO Sh...
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United States
US power delivery platform Aston Power has raised $20 million in a funding round led by TDK Ventures and JLL Spark Global Ventures to expand its presence in the data center sector. The company said it will use the funding to grow its operations across North America and accelerate deployment of it...
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Google will invest an additional $1.5 billion to expand its data center campus in Jackson County through 2027. The site, built on the former Widows Creek coal plant, has been operational since 2019. According to Baxtel, it currently includes two 135,000 sq ft (12,540 sqm) data center buildings, t...
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France
Data4 has confirmed plans for a €5 billion ($5.8 billion), 700MW data center campus in Escaudain, set to be the company's largest facility to date. The campus will be developed on the site of the former Usinor steelworks in the Hauts-de-France region. “We are delighted to bring our project to lif...
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Amazon AWS
Corscale Data Centers has secured $975 million in financing from Blue Owl for Project Helios, a newly built data center in Prince William County, Virginia. The funding was arranged by Newmark on behalf of a joint venture between Corscale and Affinius Capital. The facility is fully leased to an in...
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Keel Infrastructure
Digital and energy infrastructure provider Keel Infrastructure has completed a $458 million convertible senior notes offering, allocating part of the proceeds toward its data center developments. The offering, consisting of 1.250% convertible senior notes due 2032, closed on June 9. Initial purch...
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Switch
Data center firm Switch has increased its available debt capacity to $9.5 billion. The company now has access to a more than $6 billion corporate revolving credit facility, alongside an expanded $3.5 billion syndicated uncommitted performance letter of credit facility (LCF). In April, Switch repo...
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