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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Texas
New Era Energy & Digital has signed a binding agreement to acquire Sharon AI’s 50 percent stake in Texas Critical Data Centers (TCDC), a joint venture between the two companies, which is developing an AI data center in Ector County, Texas.New Era Energy & Digital will pay SharonAI an a...
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Goodman Group
Goodman Group has teamed up with the Canada Pension Plan Investment Board (CPP Investments) to establish a €8 billion (US$9.4bn) European data center partnership.The 50/50 venture will see the companies commit an initial €2.2bn (US$2.59bn) to develop a portfolio of data center projects across ...
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Axiado has secured more than $100 million in financing to fund the development of its hardware-based data center security platform. The California-based vendor raised the cash in a Series C+ funding round led by Maverick Silicon with participation from Prosperity7 Ventures, Orbit Venture Partn...
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Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase Intersect's entire portfolio of in-development and under-construction assets, which comprise several gig...
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North Carolina
Colo firm WhiteFiber has agreed a $865 million deal with Nscale that will see the neocloud take 40MW of space at an upcoming data center in North Carolina. The ten-year deal will see Nscale rent space at WhiteFiber’s NC-1 facility in Madison, North Carolina."WhiteFiber has taken a prudent and ...
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Khazna
UAE data center firm Khazna this week announced the acquisition of 225,000 sqm (2.4 million sq ft) of land in Dammam to develop local data center capacity. The company said the site, the company’s first in the kingdom, will support up to 200MW of capacity.“Over the past decade, Saudi Arabia ha...
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Africa
African digital infrastructure provider WIOCC Group has raised $65 million in debt financing to fund the expansion of digital infrastructure across Africa. The funding is secured through sustainability-linked debt financing, arranged by International Finance Corporation (IFC), Proparco, Emergi...
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NXN Datacenters
Infrastructure asset manager InfraRed this week announced its majority investment in NxN Data Centers. InfraRed, alongside minority investor Adequita, will support the development of NxN’s first data center, a 5MW facility located in Valencia, as well as ongoing expansion opportunities across ...
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AtlasEdge
European Edge data center company AtlasEdge has sold a portfolio of facilities to Spanish operator Templus.The companies announced the deal this week, with nine data centers trading hands. Templus will be taking over data centers in Madrid and Barcelona, Spain; Milan, Italy; Zurich, Switzerlan...
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Keppel Data Center REIT
Singaporean asset manager Keppel has sold stakes in two data centers in Singapore to its data center real estate investment trust. Keppel Ltd.’s Connectivity Division has agreed to sell the remaining ten percent interest in Keppel DC Singapore 3 (KDC SGP 3) and one percent interest in Keppel D...
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Equinix
Equinix-backed microreactor firm Radiant Industries has raised more than $300 million as part of its latest funding round. Draper Associates and Boost VC led the funding round, with additional financial commitments from current investors.According to the company, the latest funding round will ...
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United Kingdom
UK quantum computing firm Nu Quantum this week closed its oversubscribed Series A funding round led by National Grid Partners, including participation from Gresham House Ventures and Morpheus Ventures.The company claimed it is the largest financing round ever raised by a pure-play quantum netw...
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Amazon AWS
Amazon Web Services (AWS) has signed an agreement with the Government of Telangana to significantly expand its data center footprint in the Indian state. AWS will invest $7 billion in its cloud infrastructure in Hyderabad over the next 14 years.A. Revanth Reddy, Telangana's Chief Minister, sai...
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NorthC Datacenters
Antin Infrastructure Partners this week announced it has agreed to acquire NorthC Datacenters from DWS and other minority shareholders. The transaction is being carried out through Antin’s €10.2 billion Flagship Fund V and is expected to close in the first half of 2026.Stéphane Ifker and Maxim...
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United States
Argo Infrastructure Partners this week announced it has acquired the equity interests of the majority of minority shareholders in TierPoint.“TierPoint is a high-quality, diverse platform, positioned for growth with a long operational track record. This places it in a uniquely differentiated po...
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Microsoft Azure
Microsoft revealed today that it would be spending $17.5 billion on AI infrastructure in India during the next four years starting in 2026, as well as a $5.42bn pledge to Canada in the next two years. A post on X by Microsoft CEO Satya Nadella said: "Thank you, PM Narendra Modi, for an inspiri...
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Germany / Deutschland
German real estate firm Aventos this week announced the sale of a property in the immediate vicinity of its Luxwerk business park to Tristan Capital Partners’ EPISO 6 fund. Terms of the deal were not shared.The 28,400 sqm (305,695 sq ft) site can reportedly support up to three three-story data...
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Vodacom Business
Vodacom announced today (December 4) it had reached a deal with the Government of Kenya to spend $2.1 billion to acquire a 15 percent stake in Safaricom PLC and an additional five percent from Vodafone.If the deal is approved and receives regulatory approval, Vodacom will increase its stake in...
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United Kingdom
Power equipment manufacturer ABB has invested in OctaiPipe, a UK-based AI firm focused on optimizing data center cooling systems. The partnership will see the companies supply data center operators with tools to achieve substantial energy savings, strengthen operational resilience, and meet th...
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Amazon AWS
Investment management company BlackRock is teaming up with Amazon Web Services (AWS) to bring its Asset, Liability, Debt, and Derivative Investment Network (Aladdin) platform to the cloud. “Our Aladdin clients are seeking open, flexible platforms that can adapt to their operating models and sc...
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