January 13, 2025 United States
US energy giant Constellation Energy has agreed to acquire Calpine Corporation, an independent power producer, for $26.6 billion, including debt considerations in a transaction that includes 50 million shares of Constellation stock, $4.5 billion in cash, and the assumption of about $12.7 billion...
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January 09, 2025 United States
Deep Fission, a small modular nuclear reactor (SMR) developer, has partnered with Endeavour Energy, a US sustainable infrastructure developer, to develop and deploy its technology at scale. They have committed to co-developing 2GW of nuclear energy to supply Endeavour's global portfolio of data...
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January 09, 2025 New Jersey
Web hosting and managed service provider InterServer has selected 365 Data Centers as its colocation provider as it looks into expanding its offering in the New Jersey market. 365 has 20 data centers across the US, including multiple New Jersey locations such as Carlstadt and Bridgewater,...
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January 07, 2025 United States
Sir Nick Clegg has stepped down as Meta’s president of global affairs, announcing his departure on a post on Meta’s Facebook platform after almost seven years.In a post confirming his departure, Clegg said it was “the right time for me to move on.” "My time at the company coincided with a...
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January 05, 2025 Canada
Canadian IT services provider Softchoice is set to be acquired by digital infrastructure provider World Wide Technology (WWT). The all-cash deal will see St. Louis-based WWT pay CA$24.50 per share to acquire Softchoice. The deal has been approved by the Softchoice board, and will now require the...
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January 04, 2025 United States
US data center developer and crypto firm Bit Digital has acquired the site for a build-to-suit 5MW data center expansion project in Montreal, Canada.The company initially used cash on hand to fund the acquisition and is working to obtain mortgage financing to cover the site's acquisition and...
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January 04, 2025 Georgia
A 13-building data center campus costing $17 billion has been proposed for Atlanta, Georgia. The campus would be built on 832 acres of land near the city of Newnan, 45 miles south of Atlanta in Coweta County. The site is adjacent to Welcome Sargent Road and Wagers Mill Road.Each of the data halls...
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January 03, 2025 Texas
Meta has signed a long-term Power Purchase Agreement (PPA) with US-based renewable energy company Longroad Energy to purchase 100 percent of the output of the 300MWac (400MWdc) '1000 Mile' solar project in Yoakum County, Texas."The renewable energy from this project will support our data center...
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January 02, 2025 Phoenix
The city of Phoenix in Arizona is set to clamp down on data centers. The City Council has approved a series of changes to better regulate data center growth in the city, including regulating locations and external design specifications.The vote, which took place on December 10, targeted...
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January 02, 2025 Virginia
Digital Core REIT is looking for a new tenant for one of its data centers in Northern Virginia, as the current occupant of the data center, located at 8217 Linton Hall Road in Bristow, Prince William County, has decided to not exercise its option to extend its lease on the property, the property...
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December 31, 2024 United States
TPG is in advanced talks to buy Crown Castle's fiber assets in a deal worth an estimated $8 billion. US tower operator Crown Castle has been looking to sell its fiber assets for some time, notably revealing in April that it had held talks with multiple parties over a sale.The company launched a...
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December 27, 2024 Oregon
The Oregon Public Utility Commission has ruled in favor of a PacifiCorp proposal that would penalize large-load customers, such as data centers, whose energy use at new facilities is not in line with forecast needs. "The scale of utility procurement and stranded asset risk associated with these...
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December 27, 2024 Maryland
Quantum Loophole will no longer have any "active involvement" in the Quantum Frederick Project, a 2,100-acre data center campus and fiber optic loop (QLoop) in Frederick County, Maryland. This September, TPG sought a court order to remove Quantum Loophole from its role as manager of the $5...
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December 27, 2024 United States
Elon Musk's generative AI startup xAI has raised $6 billion in a Series C funding round from investors including A16Z, Blackrock, Fidelity Management & Research Company, Kingdom Holdings, Lightspeed, MGX, Morgan Stanley, OIA, QIA, Sequoia Capital, Valor Equity Partners and Vy Capital, amongst...
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December 24, 2024 United States
The US Senate has voted in favor of a bill that looks set to provide an additional $3 billion to telecom companies in funding for the rip and replace program. This was included as part of the $895 billion National Defense Authorization Act (NDAA) that was passed by the US Senate on December 18....
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December 23, 2024 United States
Qualcomm is claiming victory in its court battle with chip design giant Arm after a jury in the US found that its processor designs are properly licensed, despite the case ended in a mistrial, leaving the door open for Arm to return with a fresh action.After a week-long federal court trial held...
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December 21, 2024 California
Intel shareholders have filed a derivative lawsuit against the company, alleging executives, including former CEO Pat Gelsinger, made false and misleading statements about the reorganization of a manufacturing segment. The lawsuit accuses Intel executives, including former CEO Pat Gelsinger, of...
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December 20, 2024 North America
Serverfarm has increased its North American credit facility to $1.637 billion. Led by TD Securities, the increased credit facility has added seven new lenders for a total of 19.“Following our recent 500MW+ Houston announcement, we’re delighted to have access to additional capital to support...
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December 20, 2024 Philadelphia
Philadelphia-based investment manager CenterSquare has filed a trademark infringement lawsuit against data center firm Centersquare. The lawsuit, filed on August 24, includes allegations of cybersquatting, or using a domain name too similar to a protected trademark with the intent to profit from...
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December 20, 2024 Montana
NorthWestern Energy has signed an energy supply agreement with Atlas Power Group to power its flagship data center in Butte, Montana. The new supply agreement will see NorthWestern supply Atlas with 75MW of power beginning in 2026, with a further 75MW expected in the next three to five...
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