August 13, 2025 QTS Data Centers
QTS has officially announced plans for a new data center campus in Cedar Rapids, Iowa. The campus could support up to seven data center buildings at full build-out and see up to $10 billion invested.Tag Greason and David Robey, co-CEOs of QTS, said: “From day one, we believe in being a good...
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June 16, 2025 Crusoe
Data center and AI cloud firm Crusoe has announced a strategic partnership with Polar to establish its first data center in mainland Europe. Crusoe has signed a contract for a 12MW facility located in Norway, which will host Crusoe Cloud, the company’s GPU cloud services.“Partnering with Polar...
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December 06, 2024 QTS Data Centers
Avangrid and Portland General Electric (PGE) have signed a Power Purchase Agreement (PPA) with QTS and Meta for energy from a 120MW solar energy project under construction in Morrow County, Oregon. This project will deliver energy to the PGE grid through the Green Future Impact (GFI) program, a...
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October 03, 2024 Crusoe
Crusoe Energy Systems is collaborating with Vast Data to develop "Shared Disks," a petabyte-scale file system capable of reads up to 200Mbps per TiB per node with hundreds of GPps in aggregate read and write bandwidth per cluster.The Shared Disks also offer a 99.5 percent SLA that is...
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July 25, 2024 QTS Data Centers
Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are...
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May 24, 2024 Soluna
Data center operator Soluna has secured $30 million in funding from Spring Lane Capital to expand its data center in Texas. Soluna said the financing will accommodate approximately 12,700 Bitcoin mining rigs, each with a power consumption of around 3.5kW, totaling 48MW. Soluna has an existing...
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December 16, 2023 Crusoe
Crusoe Energy Systems LLC has announced a collaboration with atNorth, a Nordic colocation, computing and AI service provider, to colocate Crusoe Cloud GPUs in atNorth's ICE02 data center in Iceland, marking Crusoe’s first project in Europe. Cully Cavness, Crusoe's co-founder and...
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December 13, 2023 QTS Data Centers
The Prince William County staff have again recommended the denial of all three rezoning requests associated with the PW Digital Gateway data center project. This comes after two rejections of the rezoning requests by QTS and Compass in recent months. County staff said in a report, “At this point,...
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November 08, 2023 QTS Data Centers
US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome...
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October 26, 2023 Crusoe
Crusoe Energy,responsible for powering AI and crypto workloads from waste gas burnt at oil wells, is to borrow $200m from investment firm Upper90, to buy H100 TensorCore GPUs, the latest Nvidia GPU which launched in April and some of the previous version. Crusoe notes the new GPUs will come...
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October 25, 2023 QTS Data Centers
QTS has revealed plans to expand into New Albany, Ohio by developing new data center campuses covering over a million square feet and 200MW. These new campuses will be on Beech Road; two on one site, a 57-acre piece of property, and another two on a nearby 37-acre site and construction should...
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September 22, 2023 QTS Data Centers
The South Carolina Office of the Governor confirmed that DC firm QTS will establish operations in York Country, marking the company’s entry into the state. This comes after news of a major data center project in York County dubbed ‘Project Cobra’ surfaced in June 2023. Gov. Henry McMaster...
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September 01, 2023 Crusoe
Crusoe Energy will install data center modules at Utah oil wells and power the facilities with excess natural gas. This week, Crusoe Energy Systems and XCL Resources announced a new agreement to deploy Crusoe's Digital Flare Mitigation (DFM) technology at XCL sites in Utah's Uinta Basin....
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August 01, 2023 QTS Data Centers
The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...
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July 27, 2023 QTS Data Centers
A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...
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May 25, 2023 QTS Data Centers
QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs. The refinancing is...
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May 18, 2023 QTS Data Centers
QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking event...
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May 03, 2023 QTS Data Centers
Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver...
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April 27, 2023 QTS Data Centers
QTS Data Centers has refrained from requesting $45 million in tax incentives for its massive data center project near the Westside Trail of the Atlanta BeltLine. According to the Atlanta Business Chronicle, QTS halted its request for incentives for a $1.3 billion proposal involving two data...
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February 24, 2023 QTS Data Centers
Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through. The company was reportedly set to acquire the property...
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