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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Brennan Voice and Data Pty Ltd
Real estate developer Brennan Investment Group has withdrawn plans for a $2bn data center project outside Chicago, Illinois. As reported by Shaw Local, the data center was previously planned in Barrington Hills, on land south of Penny Road and west of Pond Gate Drive.A Facebook post from the V...
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Ares Management Corporation
Ares Management Corporation has arranged new funding for data center firm Vantage. The global alternative investment manager announced this week that some of its funds have arranged a $2.4 billion debt facility for Vantage.“Ares is proud to build on our existing relationship with Vantage and ...
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Denmark
Danish real estate firm Thylander this week said that Thylander Data Centers' (TYDC) investor base now includes Systematic Holding Aps by Michael Holm, Sagitta Ventures Aps, Weco A/S, and E. Bank Lauridsen Holding A/S. Terms of the investment weren’t shared.“We are well underway in developing ...
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United States
Data center infrastructure developer Serverfarm has closed its first asset-backed securities (ABS) offering at $589 million. The transaction was secured by three data center facilities: in Atlanta, a 153,000 sq ft (14214 sqm) facility with 12MW of critical IT capacity; a 300,000 sq ft (27,870 ...
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Virginia
Real estate firm TA Realty and its data center development arm, TA Digital Group (TADG), this week announced the sale of two hyperscale data center buildings totaling 745,000 sq ft (69,210 sqm) and 165MW of IT load capacity in Leesburg, Loudoun County.The facilities are the first two completed...
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ST Telemedia Global Data Centres (STT GDC)
Investment firm KKR and Singaporean telco Singtel this week announced the signing of definitive agreements to fully acquire the data center firm from ST Telemedia (STT).The companies will acquire the remaining 82 percent stake in STT GDC from ST Telemedia for S$6.6 billion (US$5.1bn). Upon com...
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California
A new bill has been introduced in the California Senate aimed at regulating the expansion of large load data centers across the state and protecting ratepayers from footing the bill for the generation and transmission infrastructure needed to power them.Introduced by Senator Sasha Renée Pérez ...
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Amazon AWS
Amazon plans to double its capex spend in 2026, investing $200 billion, most of which will be funnelled into data centers for its AWS cloud division.The firm revealed the news as it reported its financial results for Q4 2025, which saw operating income across Amazon grow to $25 billion, up fro...
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Poland
Polish real estate firm DL Invest Group will build a new data centre in Bielsko-Biała, Poland. The facility will be the first of a network of twelve in Europe as part of a joint venture agreed in November 2025 with cloud gaming firm Boosteroid.Leszczyński predicted that the Bielsko-Biała proje...
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Singapore
Singaporean provider of modular and prefabricated data center infrastructure EPG has completed its Series B financing, raising nearly US$100 million. The company said the proceeds from the financing will support capacity expansion, working capital, and global growth.The round was co-led by in...
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CoreWeave
Nvidia has invested another $2 billion in AI cloud provider CoreWeave. The investment aims to help CoreWeave speed up its build-out of more than 5GW of AI capacity by 2030, and will also see Nvidia giving the neocloud access to the upcoming Vera chip - Nvidia's latest CPU.Nvidia's CEO, Jensen ...
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SoftBank has reportedly halted discussions over a $50 billion bid for US data center firm Switch. According to Bloomberg, SoftBank insiders are said to have raised concerns about financing the $50 billion deal, as well as the challenges it would have faced managing Switch’s large network of da...
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Asia-Pacific (APAC)
Taiwan-based AI cloud provider Zettabyte has received investment from Headline Asia. The terms of the deal have not been provided, including the value of the investment, but it will be used to support Zettabyte's expansion in Japan."Japan is entering a new build cycle for AI infrastructure, dr...
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Microsoft Azure
AI-powered search engine Perplexity has signed a three year $750 million cloud computing agreement with Microsoft, reports Bloomberg. This is the first cloud agreement Perplexity has signed outside of Amazon Web Services (AWS), of which it has a long-term partnership.“We are excited to partner...
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Wisconsin lawmakers have passed a bill that aims to protect ratepayers from cost increases tied to data center expansion. The Wisconsin State Assembly passed AB 840 by a vote of 53-44. The bill sets out several protections for ratepayers, including preventing data center operators from passing...
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United States
Aussie neocloud Sharon AI has secured a $500 million debt facility to expand its AI infrastructure in Australia and the wider Asia Pacific region. The debt facility has been provided by USD.AI's on-chain credit system and will enable Sharon AI to deploy GPUs financed with stablecoin liquidity....
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Humain
Data center firm Humain and Saudi Arabia’s National Infrastructure Fund (Infra) has set up a financing agreement for the $1.2 billion it needs to build 250MW of data center capacity in the Kingdom.According to the partners, the agreement outlines non-binding financing terms for Humain’s develo...
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Slovakian AI cloud startup Sapience AI has received investment from Southeast Asian holding company and e-commerce platform Society Pass Inc.Society Pass has made a minority investment worth $8.8 million in Sapience AI with the aim of expanding its presence in Europe. The investment marks Soci...
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India / Bhārata
Indian AI cloud company BharathCloud has teamed up with JLL for its planned expansion across India and "select international locations." BharathCloud plans to invest the $100m over the next five years, subject to board approvals, with JLL set to help the company select colocation sites and wi...
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DC BLOX
US data center operator DC Blox has secured $240 million in holdco financing from BlackRock subsidiary Global Infrastructure Partners. Holdco financing is a financial instrument that allows an investing parent company like GIP to raise debt on behalf of a subsidiary like DC Blox. “We are excit...
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