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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Africa
African digital infrastructure provider WIOCC Group has raised $65 million in debt financing to fund the expansion of digital infrastructure across Africa. The funding is secured through sustainability-linked debt financing, arranged by International Finance Corporation (IFC), Proparco, Emergi...
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AtlasEdge
European Edge data center company AtlasEdge has sold a portfolio of facilities to Spanish operator Templus.The companies announced the deal this week, with nine data centers trading hands. Templus will be taking over data centers in Madrid and Barcelona, Spain; Milan, Italy; Zurich, Switzerlan...
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Microsoft Azure
Microsoft has signed two Power Purchase Agreements (PPA) with Iberdrola in Spain representing 150MW of contracted capacity. The power is tied to two onshore wind power projects in the country, the 94MW Iglesias Wind Farm, in Burgos, Castilla y León and the 101MW El Escudo Wind Farm, in Cantabr...
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NXN Datacenters
Infrastructure asset manager InfraRed this week announced its majority investment in NxN Data Centers. InfraRed, alongside minority investor Adequita, will support the development of NxN’s first data center, a 5MW facility located in Valencia, as well as ongoing expansion opportunities across ...
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Pure Data Centres Group
Pure Data Centres Group (Pure DC) this week announced it has signed “2025’s largest standalone hyperscale data center lease in Europe,” taking all available capacity at a planned site in Amsterdam.An unnamed hyperscale customer is leasing the entire 78MW campus, situated in Westpoort, Amsterda...
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United States
Panattoni Looks to Develop 1GW Data Center Campus outside DetroitLogistics real estate firm Panattoni is looking to develop a gigawatt-scale AI data center campus outside Detroit, Michigan. The company is said to be targeting 282 acres on the north side of I-94, east of Haggerty Road, for this...
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United States
Element Critical this week announced the launch of a new US data center platform backed by 26North Partners, Arctos, Mercuria, and Safanad. Two enterprise data centers in Houston and Austin. will anchor the platform. They are existing Safanad-owned sites, managed by Element Critical, which are...
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Virginia
Alternative investment manager Ares Management Corporation has expanded its data center platform Ada Infrastructure into the US, acquiring land in Virginia for a new campus.The Ares Digital Infrastructure business, through an Ares fund, has acquired a 314-acre site along the I-95 South data ce...
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Keppel Data Center REIT
Singaporean asset manager Keppel has sold stakes in two data centers in Singapore to its data center real estate investment trust. Keppel Ltd.’s Connectivity Division has agreed to sell the remaining ten percent interest in Keppel DC Singapore 3 (KDC SGP 3) and one percent interest in Keppel D...
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Microsoft Azure
Microsoft has signed a carbon removal deal with Brazilian enhanced rock weathering (ERW) firm InPlanet for more than 28,500 tons of carbon credits. The removals will be generated through InPlanet’s ERW program in Brazil, which is the largest in the country, spanning more than 12,000 hectares o...
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atNorth
AlphaTon Capital Corp has signed a data center leasing agreement for 2.2MW of capacity from atNorth for a data center in Sweden. AlphaTon is a technology company that says it "bridges institutional capital with the Telegram-based crypto ecosystem." However, it seems to be seeking to launch a G...
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Romania
Data center investment company Accelerated Infrastructure Capital (AIC) is partnering with Romanian operator ClusterPower for a new campus, announcing an equity partnership agreement to co-develop a new 800MW AI data center region in southwestern Romania.“ClusterPower brings the secured land a...
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Google has partnered with global renewable developer ReNew Energy to develop a 150MW solar project in Rajasthan, India. Under the terms of the agreement, Google will receive the associated environmental attribute certificates (EACs) generated by the project and allocate them to its Scope 3 emi...
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Equinix
Equinix-backed microreactor firm Radiant Industries has raised more than $300 million as part of its latest funding round. Draper Associates and Boost VC led the funding round, with additional financial commitments from current investors.According to the company, the latest funding round will ...
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United States
Hydrogen producer Vema Hydrogen has signed a hydrogen purchase and sale agreement with Verne, a provider of on-site power and cooling systems for data centers. Under the terms of the agreement, Verne will use hydrogen supplied by Vema to generate ‘low-emissions’ power for data center customers...
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Michigan
Logistics real estate firm Panattoni is looking to develop a data center campus outside Detroit, Michigan. The company is said to be targeting 282 acres on the north side of the I-94 and east of Haggerty Road for a potential gigawatt-scale campus."We've been talking to the community, understan...
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West Texas
Texas Pacific Land Corporation (TPL) has partnered with Bolt Data & Energy to develop data center campuses across TPL-owned land. As part of the deal, Bolt raised $150 million in capital, including $50m from TPL. In return, TPL will receive equity interest, warrants, and a right of first r...
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Canada
Technologies New Energy (TNE) has partnered with Data District to support the development of AI-ready data centers in Alberta, Canada. According to the partners, the data centers will be designed to support advanced computing workloads, including high-density AI applications.Julio Perez, chief...
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stc
Saudi Telecom Company (STC), through its Center3 subsidiary, has signed a Memorandum of Understanding (MoU) with Humain to form a data center joint venture (JV) in Saudi Arabia. The JV will develop and operate AI-focused data centers in the Kingdom, aiming to develop 1GW of capacity.According ...
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Oracle has denied that it is suffering delays in completing the data centers it is providing to OpenAI.Oracle spokesperson Michael Egbert has since told Reuters: "There have been no delays to any sites required to meet our contractual commitments, and all milestones remain on track. We remain ...
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