Data Center News

Read La Rosa Holdings Raises $1.25bn for Data Center Play
La Rosa Holdings Raises $1.25bn for Data Center Play

La Rosa Holdings Raises $1.25bn for Data Center Play

November 15, 2025 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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Read Flexential Completes $800m ABS Fundraise
Flexential Completes $800m ABS Fundraise

Flexential Completes $800m ABS Fundraise

November 15, 2025 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 this...

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Read Trillium Technologies Receives $300m for Cloud Platform
Trillium Technologies Receives $300m for Cloud Platform

Trillium Technologies Receives $300m for Cloud Platform

November 13, 2025 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 AMD...

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Read Top News Stories from 3rd-8th of November, 2025
Top News Stories from 3rd-8th of November, 2025

Top News Stories from 3rd-8th of November, 2025

November 10, 2025 United States

Omnia Joins TikTok's $9bn Data Center Project in Brazil mnia, the data center company owned by Brazilian investment fund Pátria, is to develop a data center in Brazil, with an estimated investment of 50 billion reais ($9.4bn), which will exclusively serve TikTok, making it the largest data center...

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Read Harmoni Towers Secures $620m in Private Placement Financing
Harmoni Towers Secures $620m in Private Placement Financing

Harmoni Towers Secures $620m in Private Placement Financing

November 07, 2025 United States

Harmoni Towers has completed the closing of its inaugural $620 million private placement financing. According to Harmoni, the financing is backed by more than 1,700 high-quality macro tower sites underpinned by master lease agreements with major US wireless carriers."This inaugural financing...

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Read Vertiv Plans $1bn PurgeRite Acquisition
 Vertiv Plans $1bn PurgeRite Acquisition

Vertiv Plans $1bn PurgeRite Acquisition

November 04, 2025 United States

Vertiv plans to acquire Purge Rite Intermediate, LLC, (PurgeRite) for $1 billion in cash plus up to $250 million based on achieving certain 2026 performance metrics. The deal represents approximately 10x expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA)...

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Read CleanSpark Partners with Submer for AI Data Center Pivot
CleanSpark Partners with Submer for AI Data Center Pivot

CleanSpark Partners with Submer for AI Data Center Pivot

October 30, 2025 United States

Cryptomine firm CleanSpark and immersion cooling provider Submer are working together on an “infrastructure platform that integrates power generation, data center development, and AI-service delivery.” Under the partnership, CleanSpark aims to focus on selecting, developing, building, and...

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Read The Role of Data Centers in National Security Infrastructure
The Role of Data Centers in National Security Infrastructure

The Role of Data Centers in National Security Infrastructure

October 29, 2025 United States

Introduction: The New Foundations of Power About a century ago, national strength was measured by oil fields, steel production, and military strength. Times have changed, and so have the people and the metrics for national strength. Being in the computer age, national strength is measured in...

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Read ProPetro Signs 60MW Power Supply Contract in US Midwest
ProPetro Signs 60MW Power Supply Contract in US Midwest

ProPetro Signs 60MW Power Supply Contract in US Midwest

October 29, 2025 United States

US natural gas and petrochemicals firm ProPetro has signed a power supply contract with an unnamed hyperscale data center operator to supply 60MW of hybridized power at a Midwest location in the US. The deal will see ProPetro supply the data center company with power generated through a hybrid...

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Read Armada and Eclipse Partner for Hydrogen Powered Edge Data Center Deployments
Armada and Eclipse Partner for Hydrogen Powered Edge Data Center Deployments

Armada and Eclipse Partner for Hydrogen Powered Edge Data Center Deployments

October 29, 2025 United States

Edge infrastructure firm Armada and Houston-based hydrogen developer Eclipse Energy have partnered to integrate clean hydrogen production with modular data center deployments. The agreement aims to develop scalable, off-grid computing infrastructure powered by low-carbon energy sources.“The...

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Read Top Data Center News for 20th-25th October, 2025
Top Data Center News for 20th-25th October, 2025

Top Data Center News for 20th-25th October, 2025

October 27, 2025 United States

BGO Secures $260m for US Data Center Development Real estate investment firm BentallGreenOak announced the successful close of its data center co-investment fundraise, totaling approximately $260m, and is also in advanced stages of securing up to 800MW of power capacity to enable the construction...

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Read ON.Energy Launches UPS for AI Data Center Market
ON.Energy Launches UPS for AI Data Center Market

ON.Energy Launches UPS for AI Data Center Market

October 27, 2025 United States

ON.energy has launched a new medium-voltage uninterruptible power supply (UPS) system designed specifically for AI data centers with claims that it is the first UPS to be purpose-built to handle the unique power demands of large-scale AI compute facilities.“AI UPS is the new standard for how to...

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Read ChipAgents Raises $21m to Support Development of AI Chip
ChipAgents Raises $21m to Support Development of AI Chip

ChipAgents Raises $21m to Support Development of AI Chip

October 25, 2025 United States

AI chip design startup ChipAgents has raised $21 million in an oversubscribed Series A funding round, seeing participation from Bessemer Venture Partners, Micron, MediaTek, and Ericsson, in addition to unnamed semiconductor companies.In addition to closing the funding round, ChipAgents has also...

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Read Switch Raises $659m with Green Bond Issue
Switch Raises $659m with Green Bond Issue

Switch Raises $659m with Green Bond Issue

October 25, 2025 United States

Las Vegas-based data center operator Switch has raised another $659 million, closing its fourth asset-backed securities (ABS) offering and taking the total it has received across the quartet to $3.5 billion.“The success of this transaction, and the overall growth of our platform, clearly...

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Read Soluna Signs 3.3MW Bitcoin Mining Deal for Treasury Firm
Soluna Signs 3.3MW Bitcoin Mining Deal for Treasury Firm

Soluna Signs 3.3MW Bitcoin Mining Deal for Treasury Firm

October 24, 2025 United States

Cryptomine and HPC data center developer Soluna has announced a 3.3MW hosting partnership with KULR Technology at its Project Sophie facility in Kentucky. Under this Bitcoin mining lease structure, Soluna will offer 3.3MW of Bitcoin mining capacity at its Kentucky site. KULR will purchase the...

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Read Menlo Equities Breaks Ground on 48MW Data Center in Fairfax County, Virginia
Menlo Equities Breaks Ground on 48MW Data Center in Fairfax County, Virginia

Menlo Equities Breaks Ground on 48MW Data Center in Fairfax County, Virginia

October 24, 2025 United States

Menlo Digital, Menlo's dedicated data center platform, announced this week that construction has commenced on its MD-DC1 data center in Herndon, Fairfax County. Set on nine acres at 13775 McLearen Road, MD-DC1 will feature four 12MW data halls, supported by 67MW of utility power from Dominion...

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Read Compass Mining Energizes 20MW Cryptomining Site in Texas
Compass Mining Energizes 20MW Cryptomining Site in Texas

Compass Mining Energizes 20MW Cryptomining Site in Texas

October 23, 2025 United States

Compass Mining, the Bitcoin mining and infrastructure developer, has announced the full energization of a new 20MW partner site in Texas. Compass views the current successful energization as proof of its position as a “leader in operations-as-a-service,” which it primarily provides for enterprise...

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Read Top Data Center News for 13th-18th October, 2025
Top Data Center News for 13th-18th October, 2025

Top Data Center News for 13th-18th October, 2025

October 20, 2025 United States

Poolside Partners with CoreWeave on 2GW Data Center in Texas AI startup Poolside is teaming up with CoreWeave for the development of a 2GW data center in West Texas, dubbed Project Horizon as both companies aim to ensure immediate access to next-generation silicon. Galaxy Digital Secures $460...

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Read BGO Secures $260m for US Data Center Development
BGO Secures $260m for US Data Center Development

BGO Secures $260m for US Data Center Development

October 20, 2025 United States

Real estate investment firm BentallGreenOak (BGO) this week announced the successful close of its data center co-investment fundraise, totaling approximately $260m, which was established in connection with its US Industrial Strategies I fund.BGO said it is now in the advanced stages of securing...

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Read QumulusAI Arises $500m to Expand AI Compute Infrastructure
QumulusAI Arises $500m to Expand AI Compute Infrastructure

QumulusAI Arises $500m to Expand AI Compute Infrastructure

October 18, 2025 United States

QumulusAI has secured a $500 million blockchain-backed facility to fund its AI compute infrastructure buildout. The debt funding will enable QumulusAI to borrow stablecoins against up to 70 percent of its approved GPU deployments, enabling faster access to capital. "This partnership represents a...

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