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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Finland
APAC data center firm DayOne this week announced plans to develop a campus in Lahti, some 100km northeast of Helsinki. The €1.2 billion ($1.4bn) project will be located in a former industrial site in Kiveriö. At full build-out, the project could total 128MW IT load."Finland is an ideal strateg...
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United Arab Emirates (UAE)
Northern Data and Core42, a G42 company, have signed an agreement to establish sovereign European AI cloud capacity. Under the partnership, Core42 will have access to up to 10,000 GPUs from Northern Data's Taiga Cloud business.Aroosh Thillainathan, Northern Data Group founder and CEO, said of ...
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Spain
Data center firm Avaio Digital this week announced its first data center in Spain, in the town of Algete in the Community of Madrid. The €650 million ($759m) project – known as Algete Data Hub and Avaio Digital Scorpio – has secured 56.3MW of power with Iberdrola, in addition to the initial 8M...
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United States
GPU-as-a-Service (GPUaaS) provider Massed Compute has received $300 million in investment from Digital Alpha which will be used to expand Massed Compute's AI cloud infrastructure footprint, including the purchase of Nvidia GPUs.“Massed Compute is purpose-built to meet the demands of modern AI-...
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Oracle
The mayor of Rio de Janeiro in Brazil Eduardo Paes, during Rio Innovation Week this week, announced an agreement to accelerate the development of the "Rio AI City" project, which aims to transform the city into one of the main global hubs for artificial intelligence."We've signed with the worl...
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Republic of Ireland
County Kildare in Ireland has completed the construction of a government data center which will be for government use, replacing several smaller data centers, and is located at the Backweston Campus in Kildare. It has been designed with sustainability in mind, and waste heat may be used at oth...
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NEXTDC
Australian data center firm NextDC this week announced that, following the successful completion of general syndication, it has secured new senior debt facilities totaling AU$3.5 billion (US$2.28bn).NextDC CEO and MD, Craig Scroggie, said: "In light of recent record contract wins that are acce...
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South Korea
Vast Data is teaming up with SK Telecom on the latter's AI cluster - the Haein Cluster was launched earlier this month with 1,000 Nvidia B200 GPUs, building on SK Telecom's existing offering based on Nvidia H100s.“Vast Data’s unified architecture has been instrumental in helping us move from l...
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Canada
Canadian telecoms firm Rogers this week announced it has entered into a definitive agreement to acquire Rogers Communications’ data center business, on behalf of InfraRed’s value-add strategy. Rogers said it will continue to sell data center services on behalf of InfraRed and will provide netw...
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New York
Cryptomine and HPC data center firm TeraWulf this week announced two 10-year high-performance computing (HPC) colocation agreements with Fluidstack. TeraWulf will deliver more than 200MW of critical IT load (~250MW of gross capacity) at its Lake Mariner data center campus in New York. The deal...
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Sweden
EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden. The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA), imm...
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Equinix
US data center giant Equinix has expanded its commitment to nuclear energy, announcing three major agreements with advanced nuclear developers that together could provide up to 774MWe of power.The first deal was with Radiant, a microreactor company based in El Segundo, California. As part of t...
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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 ne...
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DC BLOX
US data center firm DC Blox this week announced it has closed $1.15 billion in green loan financing for the construction of a data center campus in Douglas County, Georgia. The funds will support the development of a 120MW data center and include campus expansion to support an additional 80MW,...
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United States
Germany’s Aareal Bank is moving into providing financing to data center customers and has entered into its first financing transaction in the data center asset class in July 2025 with Goodman Group."Frankfurt is Europe's largest Internet node, with a data transfer rate of more than 18 terabits...
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Abu Dhabi
Zero Two has invested in Evolution, taking a co-controlling position alongside Warburg Pincus. Terms of the deal were not shared, though reports from Mingtiandi puts the figure at $325 million.Darren Webb, CEO and co-founder of Evolution Data Centres, said: “We are absolutely delighted to welc...
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Michigan
Michigan's Flagstar Bank has selected Mphasis for the setup and inauguration of its upcoming data center facility. Flagstar describes it as "world-class," adding that it will support the bank's critical infrastructure and future growth and will enable it to leverage "modern data center capabil...
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Microsoft Azure
Malaysian financial group Maybank has selected Microsoft Azure as one of its main cloud platforms in a five-year agreement. Valued at RM1 billion ($236.4m), the contract will see Maybank using Microsoft Azure for some of its "most strategic systems, functions, and data workloads."Dato’ Sri Kha...
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DigitalBridge
Data center investor DigitalBridge revealed it has more than 5.4GW of data center capacity in development or operation. The company, which holds stakes in data center and energy businesses through various funds, said that roughly half of that was currently built, and the other half is under co...
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United States
Vermaland Plans $33bn Data Center in ArizonaLand developer Vermaland is planning a $33bn data center in Arizona dubbed the La Osa Project which would potentially be located in Pinal County on a 3,300-acre site and support up to 3GW of capacity, which would bring in more capacity than the entir...
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