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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Vast Data has signed agreements with Google Cloud and CoreWeave for its Vast AI Operating System. The AI storage and platform provider will, with Google Cloud, make its AI OS available as a fully managed service across hybrid environments, while CoreWeave has expanded its ongoing contract with...
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Vietnam
Kinh Bac City Development Holding Corporation (KBC) signed a Memorandum of Understanding (MoU) with Accelerated Infrastructure Capital (AIC) and Vietnam Joint Stock Commercial Bank for Industry and Trade (VietinBank) late last month to develop an AI data center complex in Ho Chi Minh City.The ...
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Google has signed a 100MW Power Purchase Agreement (PPA) with Treaty Oak Clean Energy (TOCE) for power from the Redfield Solar Project, Grant County, Arkansas. The power generated is expected to support the company’s data center portfolio across the Midcontinent Independent System Operator (MI...
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United States
US data center firm Flexential has completed an $800 million asset-backed securities (ABS) offering to support its growth and investment strategy. Proceeds will be used to repay a portion of Flexential's outstanding ABS debt and support the company's long-term financing strategy."Completing th...
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South Carolina
US data center operator DartPoints this week announced a $125 million expansion of its Greenville County facility, increasing its capacity from 2.5MW to 12.5MW, and adding 88,000 square feet (8,175 sqm) of high-density space.“This project builds on DartPoints’ collaboration with state and loca...
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Northern Data AG
German technology group Northern Data has received a firm offer to be acquired by an 'alt-tech' video platform and cloud services provider. The transaction, which would include Northern's colocation and cloud businesses, is expected to close in the second quarter of 2026.John Hoffman, co-CEO o...
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Amazon AWS
Amazon has rebranded its satellite venture from Project Kuiper to simply Amazon Leo. The company currently has more than 150 Low Earth Orbit (LEO) satellites in orbit, with several thousand more planned in the coming years.“Like most early Amazon projects, the program needed a code name, and t...
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United States
La Rosa Holdings Corp. this week announced it has secured $1.25 billion in financing facilities from institutional investors to fuel a move into the data center space.The financing includes $1 billion equity purchase facility and a $250 million private placement convertible note facility. The ...
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Sydney
Starwood Capital Group, Doma Infrastructure Group, and Telstra InfraCo this week announced the formation of a strategic agreement to develop a carrier-neutral data center in Minchinbury, Western Sydney.Starwood Capital and Doma are responsible for financing, development, construction, and ongo...
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Poland
Polish real estate firm DL Invest Group and cloud gaming firm Boosteroid this week announced a joint venture partnership to build and develop a network of “modern, high-performance data centers across Europe, equipped with the most powerful cloud infrastructure on the continent.”“This partners...
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Norway
A new data center startup has launched in Norway, aiming to launch “AI factories” in Scandinavia. The company aims to develop “AI factories” powered by surplus renewable energy (namely hydroelectric) in the Nordics.The company is reportedly initially targeting developments at 11 sites in Norwa...
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South Africa
South African real estate firm the Cavaleros Group is looking to move into the data center sector with plans for two campuses and has launched a new unit, Cosmas Data Cities, which plans to develop two sites in Johannesburg and Cape Town.“For over five decades, the Cavaleros Group has built a ...
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United States
Trillium Technologies has had a $300 million fully collateralized private placement debt approved for the development and monetization of compute credits for the Archeo Futurus cloud platform.Proceeds will be used to expand Archeo's infrastructure. Archeo was developed in collaboration with AM...
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Equinix
Colocation provider Equinix this week announced plans to invest $22 million in LG3, set to be located at 43 Saka Tinubu in the Victoria Island area of Lagos. The four-story facility is set to offer 610 sqm (6,570 sq ft) of colocation space.“LG3 marks a significant milestone in Equinix’s long-t...
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Michigan
UK data center firm Deep Green has officially announced plans to expand into the US with the development of a $120 million, 24MW data center in Lansing, Michigan.“Our mission is to accelerate the decarbonization of heat for the benefit of people and the planet,” said Mark Lee, chief executive ...
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Canada
Canadian satellite firm Telesat has announced an expanded relationship with longtime collaborator Farcast, tasking the firm with building its enterprise-class flat panel antenna user terminals and making it ready for volume production.“Our collaboration with Telesat has been a cornerstone of o...
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South America
AI chip company Cerebras and the Government of the Co-operative Republic of Guyana this week announced they have signed a landmark Memorandum of Understanding (MoU) to build and operate an artificial intelligence (AI) data center of up to 100MW in Wales, Guyana.“We are delighted to partner wit...
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Australia
Australian neocloud Firmus has raised AU$500m (US$327m) in equity for its data center rollout as it aims to expand its data center capacity to 1.6GW through 2028 under an initiative known as Project Southgate, for which the new funding will go towards.Firmus' co-CEO Oliver Curtis said: "This r...
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Microsoft Azure
Microsoft has received the initial approval for its planned data center campuses in the Aragón region in Spain, dubbed MSFT Region, that will see the development of three campuses in La Muela, Villamayor de Gállego, and Zaragoza, as well as their interconnection via fiber optics.The project is...
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DayOne
APAC data center company DayOne plans to expand its data center in Thailand, eventually scaling the Chonburi Tech Park (CTP) campus to 1GW. Having broken ground on the first facility in March, the company will have 180MW of grid capacity. The CTP1 data center, which is still under construction...
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