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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
US investment firm Stonepeak this week announced the launch of Montera Infrastructure, which will develop and operate hyperscale data centers across North America. Stonepeak has made a $1.5 billion equity investment in the new firm.Montera is led by founder and CEO Eanna Murphy, formerly a dat...
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Princeton Digital Group (PDG) this week announced the official launch of the first phase of the 96MW TY1 campus in Saitama City. The first phase sees the launch of a six-story facility spanning 60,000 sqm (650,000 sq ft) and offering 48MW of IT capacity.“AI has reshaped the data center landsca...
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Amazon Web Services (AWS) has announced that it will be expanding its data center footprint into Maryland, and is set to take space in TPG’s Quantum Frederick park. The US East (Northern Virginia) Region was the first launched by AWS back in 2006. Today, it consists of six availability zones a...
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Microsoft has partnered with LG Electronics to deploy LG Electronics' cooling infrastructure across an unspecified number of upcoming AI data centres. News of this partnership comes as the company recently launched a full suite of data center cooling solutions at Data Center World, packaging e...
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Galaxy Digital Holdings Ltd. this week announced that CoreWeave has exercised its first option to access an additional 260MW of critical IT capacity at the former’s Helios data center campus."This Phase II commitment with CoreWeave marks another major step in Galaxy's evolution as a trusted pa...
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Keppel this week announced its third data centre fund, KDCF III, has achieved its first close, raising approximately S$786 million (US$580m) in initial capital commitments from various global institutional investors.Christina Tan, CEO of fund management and chief investment officer, Keppel, sa...
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Israeli data center developer NED this week announced the groundbreaking of the first phase of its debut Alpha Campus, a $350 million AI and cloud data center project.In development through a partnership with real estate firm Levinstein and investment firm Goldacre, NED is developing a 35,000 ...
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Segro & Icade Propose new data centers in FranceA lot of development might be coming to Paris this year as two different developers have proposed to build state of the art data centers in the suburbs of French capital Paris.X5 Group Plans 10MW Data Center in MoscowX5 Group has taken a big ...
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European Edge data center firm nLighten has signed a long-term Power Purchase Agreement (PPA) with Shell Spain to power its MAD1 Edge data center in Madrid. The companies claim that the PPA goes beyond traditional supply contracts by providing nLighten with transparency on what renewable asset...
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AI cloud provider Fluidstack is working with Vast Data to power large-scale AI workloads. The Vast Data Platform offers multi-tenant security and reliability while supporting AI workloads, while Vast's DataEngine can provide integrated search capabilities and data processing designed for large...
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Japanese IT services firm Fujitsu has partnered with US IT solutions provider Supermicro Inc. and Nidec, a Japanese electric motor manufacturer, on the initiative. As part of the collaboration, the partners will combine Fujitsu's liquid-cooling monitoring and control software, Supermicro’s hig...
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Texas Critical Data Centers (TCDC), a joint venture (JV) between natural gas firm New Era Helium and AI data center developer Sharon AI, has expanded the site of its planned campus in Texas' Permian Basin. According to the partners, they have expanded the plot of land where the data center is ...
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Oracle has won two US federal contracts as the US Army’s Enterprise Cloud Management Agency (ECMA) expanded its use of OCI, and the company has been selected by the US Department of Agriculture (USDA) for the STRATUS contract.Oracle US Defense Cloud regions are secure and isolated, specificall...
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Digital infrastructure firm Applied Digital has announced that it is set to sell its cloud services business as a result of both internal and external pressures. The company appears to pave the way for a potential pivot to becoming a real-estate investment trust (REIT) in the near future.“Afte...
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Tencent Cloud is launching a new cloud region in the Kansai region of Osaka, which will be the third availability zone in Japan, joining Tencent's two other zones in Tokyo. In addition to the new cloud region, Tencent will open a new office in Osaka to help create more jobs in the region.Dowso...
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CleanArc Data Centers has secured new investment from a real estate investor, Townsend Group. Terms of the deal were not shared, but existing investor Snowhawk retains a majority share in the data center firm. CleanArc said the investment will support the company’s growth."We're excited to wel...
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Microsoft has signed the largest permanent carbon removal to date after agreeing to a 15-year deal with bioenergy firm AtmosClear BR for 6.75 million tons of carbon removals. They will be generated from Atmos’ planned bioenergy carbon capture & storage (BECCS) project at the Port of Greate...
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Russia’s largest food retailer X5 Group last week announced that construction had started on its data center. The 6,000 sqm (64,583 sq ft) 10MW facility is due to go live in Q3 2026. It will use an outside air cooling system. The facility will host the company's own IT systems, including logis...
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Colt Technology Services this week announced the divestment of six facilities in Germany and the Netherlands to DWS-owned NorthC, as well as two in the UK to DWS separately. The NorthC transaction includes data centers across Frankfurt, Berlin, Hamburg, Munich, Düsseldorf, and Amsterdam, with ...
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Dutch data center firm Data Facilities Data Centers (DFDC) has completed the first expansion of its facility in the Hague. The expansion will boost the site’s rack capacity from 165 to potentially 275, with the new capacity supporting up to 10kW per rack. “We’re excited to share a major milest...
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