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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Rwanda
Tower firm IHS Holding Limited has reached an agreement with Paradigm Tower Ventures for the acquisition of its 1,465 tower sites in Rwanda for an enterprise value of $274.5 million. IHS said it expects the sale of IHS Rwanda Limited to close in the second half of 2025, pending government and ...
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American Tower Corporation
American Tower Corporation has opened its Edge data center in Raleigh, North Carolina, marking the occasion with a ribbon-cutting ceremony at the site, the company's first data center in North Carolina’s Research Triangle region.The company notes that its Edge data centers are able to address ...
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Paris
French national investment bank Bpifrance, UAE investment fund MGX, French AI firm Mistral AI, and Nvidia this week announced the formation of a joint venture to establish what they claim will be Europe’s largest AI campus in France.The companies said they aim to develop Europe’s first purpose...
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Google has announced a series of additional security and sovereignty elements for its sovereign cloud in response to EU groups' concerns about trade tensions and the reliance on US tech companies.The move comes as European groups are raising concerns about the potential for the Trump administr...
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Turkish telco Turkcell this week announced that its subsidiary, TDC Veri Hizmetleri (TDC), has secured €100 million ($112.5m) in murabaha financing through a strategic agreement with Emirates NBD Bank.The five-year financing agreement will be used towards Turkcell Group’s data center investmen...
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Digital Realty Trust
Colo data center developer Digital Realty has signed an agreement to purchase 5.1MW of solar power from Summit Ridge Energy. The solar projects are part of Summit Ridge’s broader portfolio of solar assets across the state of Illinois. According to the company, its Illinois portfolio has a comb...
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DataVita
Saudi Arabian data center company DataVolt has signed supplier contracts with Vertiv and Chemours. Vertiv's EMEA president, Karsten Winther, said that the company had signed a 'Technical Cooperation Agreement' with DataVolt "to advance next-generation data center innovation in Saudi Arabia and...
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ODATA SA
The investment company that founded Latin American data center firm OData, through one of its infrastructure funds, has announced the launch of Omnia, a new data center platform. Omnia will develop, build, and operate large-scale, purpose-built data centers across Latin America. Led by CEO Ro...
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Microsoft Azure
Microsoft has confirmed that it sold AI and cloud computing services to the Israeli military during the ongoing war in Gaza, though it denies its technology was used to harm people. The cloud company released a statement on May 15 in response to "concerns from our employees and the public" abo...
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Amazon AWS
Amazon Web Services (AWS) in an update published on May 20, revealed that its 5G service had reached the end of its support date and could no longer be accessed. The Private 5G offering integrated small cell radio units, Outposts servers, a 5G core, and radio access network (RAN) software runn...
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Applied Digital
Applied Digital is looking to develop a multi-billion-dollar data center in Deuel County, South Dakota which could see up to $16 billion in investment and create up to 200 high-paying jobs. In addition, Applied Digital has committed to improving local fiber infrastructure, and to minimize the ...
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Google has signed an energy deal to procure renewable energy credits (RECs) in South Carolina that allows Google to invest in and purchase RECs from a portfolio of more than 600 MW of new solar and solar with storage projects being developed by EnergyRe in South Carolina."Strengthening the gri...
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Singapore
Global private markets firm Partners Group is set to acquire Singapore-based Digital Halo- a data center operator with facilities located across Southeast and North Asia. The company is currently owned by Arch Capital, which will remain a minority shareholder in the business.Following the term...
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Princeton Digital Group
Princeton Digital Group (PDG) recently announced the successful raise of more than $1.2bn in financing to support its continued expansion and development across Asia.The financing comprises $800 million in project financing for the development and expansion of PDG’s data center campuses in Mu...
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DataVita
Saudi Arabian data center company DataVolt has signed a $20 billion agreement with Super Micro Computer (Supermicro) to see Supermicro delivering GPU platforms and rack systems to DataVolt's "hyperscale AI campuses" in Saudi Arabia and the US.“We are thrilled to partner with Supermicro and bui...
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atNorth
Nordic data center firm atNorth this week announced it will host infrastructure that will support the development of a National AI Cloud in partnership with 6G AI Sweden.The National AI Cloud will reportedly “ensure data sovereignty under Swedish jurisdiction and will be fully compliant with G...
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Princeton Digital Group
Princeton Digital Group (PDG) recently announced the successful raise of more than $1.2bn in financing to support its continued expansion and development across Asia.The financing comprises $800 million in project financing for the development and expansion of PDG’s data center campuses in Mu...
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Saudi Arabia
Qualcomm has signed a memorandum of understanding with Humain to develop AI data centers, hybrid AI across Edge and cloud, and AI chips which would cover facilities in Saudi Arabia and around the world.Humain and Qualcomm plan to develop and build AI data centers in Saudi Arabia, develop CPU a...
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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 Lau...
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Five Point Infrastructure LLC (formerly known as Five Point Energy) this week announced the formation and funding of PowerBridge LLC, launched with an equity commitment of up to $1 billion. PowerBridge will focus on developing, building, and managing gigawatt-scale data center campuses, associ...
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