June 04, 2025 United States
The chairman of the Federal Energy Regulatory Commission (FERC), Mark Christie, is set to be replaced when his term expires at the end of the month and President Donald Trump has nominated Laura Swett, who currently serves as energy litigation counsel at the law firm Vinson & Elkins, as...
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June 04, 2025 United States
Bitzero Blockchain, the cryptomining and HPC infrastructure firm backed by Shark Tank star Kevin O'Leary, has announced the development of four data centers across the US, Finland, and Norway, with the locations for its new data centers all seclected based on their cold climates.By "combining...
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June 02, 2025 United States
Thylander Plans 100MW Data Center in Esbjerg Danish real estate firm Thylander revealed plans for a “fully Danish developed, operated, and owned hyperscale data center" to launch in 2026 with an initial 10-20MW, and with expansion potential to 200MW. Vena Launches AI-Ready Data Center Subsidiary...
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May 30, 2025 United States
GridCARE, an AI startup focusing on expediting the route to market for data centers seeking a grid connection announced that it has closed an oversubscribed $13.5 million funding round. This round was led by Xora, with participation from Aina Climate AI Ventures, Sherpalo Ventures, Breakthrough...
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May 30, 2025 United States
US power electronics developer Heron Power has closed a Series A funding round, successfully raising $38 million. Following the Series A round, Heron has now raised a total of $43 million. The funding will support the commercialization of its Heron Link product, which aims to replace legacy...
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May 30, 2025 United States
Frontier Infrastructure has acquired 16 natural gas turbines from manufacturer Baker Hughes to power planned data center projects across Wyoming and Texas. Baker Hughes will supply 16 of its NovaLT gas turbines, which will have a combined capacity of 270MW of power. "We're seeing a rapid shift in...
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May 29, 2025 United States
Snow Lake Energy, a uranium development firm, and US-based nuclear engineering company Exodys Energy have launched a joint venture to develop a small modular reactor (SMR) for the US data center market. This venture will use an SMR design based on pressurized water reactor (PWR) technology and...
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May 27, 2025 United States
Cryptomining firm Hyper Bit Technologies this week announced it has signed a non-binding agreement to purchase Dogecoin Mining Technologies in a structured deal that will include an 11MW data center hosting facility based in Canada, along with a minimum of 2,000 ElphaPex DG2 mining rigs.“We view...
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May 26, 2025 United States
Gigawatt Scale Data Center Cluster to be developed Outside Paris French national investment bank Bpifrance, UAE investment fund MGX, French AI firm Mistral AI, and Nvidia have formed a joint venture to establish Europe’s first purpose-built intelligence hub; supporting the full AI lifecycle from...
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May 19, 2025 United States
Blue Owl Closes $7 billion Digital Infrastructure Fund Blue Owl Capital Inc. has successfully closed its latest digital infrastructure fund focused on data center development and acquisition with $7 billion of total capital commitments, exceeding the original target of $4 billion.FivePoint...
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January 29, 2025 United States
DeepSeek's announcement of a new large language model achieving state-of-the-art performance at significantly reduced computational costs sent shockwaves through the AI infrastructure market, triggering a $1.2 trillion market decline and a 15% drop in Nvidia's stock value. The market's reaction...
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January 27, 2025 United States
US energy generator NextEra Energy has partnered with energy equipment manufacturer GE Vernova to develop gas-fired generation to meet the energy demands of data centers and will be taking further steps to restart the idled Duane Arnold Energy Center, a nuclear power plant in Iowa.NextEra CEO...
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January 18, 2025 United States
Small modular reactor and nuclear recycling firm Oklo has signed a Memorandum of Understanding (MoU) with RPower, a provider of onsite prime and backup power solutions, to deploy a phased power model that combines natural gas and nuclear power for the data center sector. The model will combine...
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January 17, 2025 United States
Cottonwood Group closed $56 million in financing for three data center developments in Arizona, Ohio, and Virginia. Based in California, Cottonwood is a private equity real estate investment firm headed up by CEO Alexander Shing.“The timing for these investments was ideal, given the sector’s...
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January 17, 2025 United States
The Department of Energy (DOE) has released details about an incoming supercomputer dubbed ATS-5. This system will replace the 30 petaflops ATS-3 Crossroads machine which the DOE said is “nearing the end of its useful lifetime.” While no information about the compute power of the ATS-5 has been...
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January 16, 2025 United States
PowerSecure, the distributed energy solution subsidiary of US utility Southern Company, has partnered with Edged Energy to supply critical electrical and mechanical systems for Edged data center operations in the US, coinciding with the opening of the Edged Atlanta Campus in Atlanta, Georgia,...
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January 14, 2025 United States
Satellite operator Ligado Networks has sued its contract partner Inmarsat shortly after filing for Chapter 11 bankruptcy. In its lawsuit, Ligado claims Inmarsat failed to make the required upgrades to its satellite network while still demanding payments from Ligado, at a time when Ligado has been...
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January 14, 2025 United States
Outgoing US President Joe Biden has signed an executive order to open up federal lands for data center development. This will make government-owned land available to developers for lease and require agencies to make efforts to improve transmission infrastructure to those developments.“Today,...
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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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