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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United States
Virtus Raises £2.45bn to Fund Data Center Expansion European data center operator Virtus Data Centres has secured a £2.45 billion ($3.25bn) financing package from a consortium of 13 banks to support the development and expansion of its data centers across the UK and Europe, including its 78MW Sau...
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United States
DOE Selects $1.9B In Grid Projects To Unlock 23GW Of Capacity The U.S. Department of Energy has revealed that it intends to put $1.9 billion of federal funding behind 31 grid-improvement projects in 26 states, a package aimed at adding transfer capacity for data centers and other large loads, the...
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United States
Aligned Begins Construction On Gigawatt-Scale Data Center Campus In Pennsylvania Aligned Data Centers has broken ground on Project Phoenix, a new 2GW data center campus in Shippingport, Pennsylvania. Comprising three facilities, this investment establishes a powerful new economic hub for Western ...
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United States
Microsoft Plans 38GW Of Data Center Capacity By 2032 Microsoft has revealed its plans to more than triple its data center capacity over the next five years, targeting 38GW by 2032, up from its current 12GW with spending continuing to rise, from $55.7 billion in 2024 to $115.9 billion and $145.3 b...
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United States
Meta’s $1.2B Data Center In Kuna, Idaho, Goes Live Meta’s Kuna, Idaho Data Center is now operational and has begun serving traffic, representing Meta's second AI-optimized facility in the fleet, with an overall investment of $1.2 billion. after being initially announced in 2022 before being tempo...
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United States
Starcloud Raises $250m Series A Extension For Orbital AI Data Centers Orbital data center company Starcloud has raised $250 million in a Series A extension at a $2.3 billion valuation, following its $170 million Series A in March, bringing its total raised since 2024 to $450 million, with plans t...
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United States
Google Reveals It Is Behind 506-Acre Project Clydesdale Data Center In Oklahoma Google has confirmed it is behind the Project Clydesdale data center campus near Tulsa, Oklahoma, a 506-acre campus which will be developed in multiple phases, each covering around 200,000 sq ft and requiring up to $1...
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United States
STT GDC Secures $1.37bn Funding for 166MW Malaysia Data Center APAC data center operator ST Telemedia Global Data Centres (STT GDC) has secured up to $1.37 billion in financing for its 166MW STT Johor campus in Malaysia, spanning 22 acres and expected to provide 16MW of IT capacity in the first p...
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United States
CoreWeave To Develop 360MW Data Center Capacity In Indonesia CoreWeave is expanding into Indonesia with plans to develop three data centers, marking its first entry into the Asia-Pacific region. The facilities will provide a combined 360MW of IT capacity, with CoreWeave owning and operating the c...
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United States
LG to Invest Additional $910m in 200MW Data Center Near Seoul South Korean conglomerate LG will invest an additional 1.3 trillion won ($910 million) in its 200MW data center project in Paju, an investment which more than doubles the company’s previous commitment of 615.6 billion won ($441.7 milli...
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United States
Stream Proposes 867-Acre Data Center Campus in Graham, Texas Stream Data Centers is planning a data center campus called Project Saltworks on an approximately 890-acre site in Graham, Texas, to include 15 data center buildings with around $10 billion in investment, expected to generate around $14...
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United States
Meta Plans $9.17 Billion Gigawatt-Scale Data Center in Alberta, Canada Meta is planning an AI focused 1GW data center in Sturgeon County, Alberta with a CA$13 billion (US$9.17 billion) investment on the facility expected to scale up to 1.8GW of capacity, marking the company’s first facility in Ca...
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United States
National Grid Ventures Invests $1.75bn for Microsoft Texas Data Center National Grid Ventures has acquired a 35% stake in Joulent for $1.75 billion to support development of Project Kilby, a 2.67GW natural gas facility being developed with Chevron, expected to supply Microsoft’s planned 2GW data ...
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Microsoft’s First Data Center at Mount Pleasant Now Operational The first data center at Microsoft’s Mount Pleasant, Wisconsin campus covering 1,000 acres and developed as part of its “Fairwater” data center design to form part of a multi-building AI cluster with 18 data center buildings is now f...
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United States
Data4 Unveils Plans for €5bn AI Data Center Project in Northern France Data4 has confirmed plans for a 700MW data center campus in Escaudain, set to be the company's largest facility to date, to be developed on the site of the former Usinor steelworks in the Hauts-de-France region with an investm...
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OpenAI in Early Talks for 10GW Data Center Lease in Ohio OpenAI is in advanced talks to lease a proposed 10GW data center in Ohio which could be built in phases starting with an 800MW first stage expected in 2028, with full build-out estimated to cost up to $500 billion. Microsoft Acquires 470-A...
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Polar DC Secures €800 Million for Norway Data Center Project Nordic AI data center developer Polar DC has raised €800 million ($932.2 million) for the development of its Norway data center project in a transaction representing a “new record” in terms of deal size in the Nordic market. Brookfield...
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Rowan Secures $3bn in Green Financing for Texas Data Center CampusRowan Digital Infrastructure has secured about $3 billion to support construction of its turnkey data center campus in Temple in a deal which marks the largest financing in its history and will fund development of the 300MW camp...
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United States
Italy Plans Europe’s Largest Data Center at Former Trino PlantThe mayor of Trino in northern Italy has revealed plans to develop what could become Europe’s largest data center with a €4 billion ($4.65 billion) investment in the project, which is expected to bring regional benefits, including ...
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United Kingdom
Malaysian Operator and Chinese Tech Firm to Develop Digital Park in PerakMalaysian data center developer Cahya Suria Services and Chinese tech firm Suzhou EnnoThing Technology have teamed up to develop a digital park in Perak, Malaysia known as the NexQuantum AI Digital Park. It will be develo...
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