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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
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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United States
Dycom Industries, a US-based specialty contractor for digital infrastructure, is set to acquire Power Solutions, an electrical contractor serving data centers, for $1.95 billion.“This is a milestone acquisition for Dycom that diversifies our business and significantly enhances our potential to...
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Amazon AWS
Amazon is to invest $15 billion in data center & AI infrastructure in Indiana. This is in addition to the $11 billion investment announced last year in St. Joseph County. The company said it aims to add 2.4GW of capacity in the region, expanding to new sites in the Hoosier State.“These fac...
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Scala Data Centers
Brazil's National Bank for Economic and Social Development (BNDES) has approved financing of R$200 million ($37.2m) for Scala Data Centers to invest in the acquisition and installation of equipment and materials for the infrastructure of its data centers.The financing approved by the BNDES is ...
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Optical data storage company SPhotonix has raised $4.5 million in a pre-seed funding round, led by Creator Fund and XTX Ventures, the venture capital arm of XTX Markets. The funding would allow it to scale up its photonics and engineering teams, expand its R&D efforts across the US and Eur...
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Africa
The UAE has said that it will invest $1 billion in AI infrastructure across Africa. The announcement was made on Saturday at the G20 leaders’ summit in Johannesburg by UAE Minister of State Saeed Bin Mubarak Al Hajeri, who said that the funds would “provide access to AI computing power, techni...
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An AI server startup founded by former Google and Meta executives emerged from stealth earlier this month following a $100 million Series A funding round. According to the company, its all-in-one server is capable of handling the largest AI workloads that currently require multiple racks of se...
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Vantage Data Centers
Vantage Data Centers has finalized a $1.6bn investment into its APAC platform using to acquire Yondr’s JHB1 campus in the southern peninsular Malaysian state of Johor. The facility sits on a 73-acre land parcel, and Vantage intends to expand the data center to deliver more than 300MW of capaci...
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DigitalBridge
Digital infrastructure investment firm DigitalBridge this week announced the close of DigitalBridge Partners III (DBP III), the firm’s third value-added digital infrastructure fund, with more than $7.2 billion in fund commitments and $4.5 billion in fund LP co-investment commitments secured to...
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Brookfield Asset Management
Investment giant Brookfield announced the launch of a global AI Infrastructure program in partnership with GPU giant Nvidia and the Kuwait Investment Authority (KIA).Sikander Rashid, head of AI infrastructure at Brookfield, said: “AI is creating one of the largest infrastructure buildouts in h...
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Digital Realty Trust
Colo giant Digital Realty has signed a $373 million supply capacity agreement (SCA) with Schneider Electric for data center power equipment. The two companies have a longstanding partnership, and this agreement will “support rising capacity demands and deliver greater supply chain resilience.”...
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United States
US data center firm Flexential has completed an $800 million asset-backed securities (ABS) offering to support its growth and investment strategy. Proceeds will be used to repay a portion of Flexential's outstanding ABS debt and support the company's long-term financing strategy."Completing th...
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United States
La Rosa Holdings Corp. this week announced it has secured $1.25 billion in financing facilities from institutional investors to fuel a move into the data center space.The financing includes $1 billion equity purchase facility and a $250 million private placement convertible note facility. The ...
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Northern Data AG
German technology group Northern Data has received a firm offer to be acquired by an 'alt-tech' video platform and cloud services provider. The transaction, which would include Northern's colocation and cloud businesses, is expected to close in the second quarter of 2026.John Hoffman, co-CEO o...
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Equinix
Colocation provider Equinix this week announced plans to invest $22 million in LG3, set to be located at 43 Saka Tinubu in the Victoria Island area of Lagos. The four-story facility is set to offer 610 sqm (6,570 sq ft) of colocation space.“LG3 marks a significant milestone in Equinix’s long-t...
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United States
Trillium Technologies has had a $300 million fully collateralized private placement debt approved for the development and monetization of compute credits for the Archeo Futurus cloud platform.Proceeds will be used to expand Archeo's infrastructure. Archeo was developed in collaboration with AM...
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Canada
Canadian satellite firm Telesat has announced an expanded relationship with longtime collaborator Farcast, tasking the firm with building its enterprise-class flat panel antenna user terminals and making it ready for volume production.“Our collaboration with Telesat has been a cornerstone of o...
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Australia
Australian neocloud Firmus has raised AU$500m (US$327m) in equity for its data center rollout as it aims to expand its data center capacity to 1.6GW through 2028 under an initiative known as Project Southgate, for which the new funding will go towards.Firmus' co-CEO Oliver Curtis said: "This r...
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Google has revealed a €5.5bn ($6.38bn) commitment to expanding its data center and office footprint in Germany.On the data center side, this will include a new facility in Dietzenbach – a town to the south of Frankfurt – as well as continued investments in Google's existing campus in Hanau. Th...
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Goodman Group
Goodman Group expects its work-in-progress pipeline to hit a record AU$17.5 billion (US$11.3bn) next year, driven by the growth of its data center business. Goodman said it currently has AU$12.4 billion (US$8bn) of work in progress, with data centers representing 68 percent of this. The figure...
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