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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
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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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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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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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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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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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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Australia
Australian data center operator CDC is planning a new campus outside Perth, Western Australia. The company aims to invest AU$415 million ($270.2m) in the first stage of the development in Maddington, 20 kilometres south-east of central Perth. The site will be operational in 2026.“In collaborat...
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South Africa
South African data center company Teraco has expanded its data center outside Johannesburg. The Digital Realty subsidiary said the 30MW addition makes JB4 the largest standalone data center in Africa, serving 50MW of critical IT power load. The firm also said it is the first time 5MW data hall...
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New Zealand
Kiwi telco Spark New Zealand this week announced it has entered into an agreement to sell a 75 percent interest in its data center business to Pacific Equity Partners (PEP). The transaction values the business at up to NZ$705 million (US$417.6m), with Spark receiving NZ$486m (US$288m) upon com...
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Amazon AWS
The US General Services Administration (GSA) has signed another discount deal with a cloud provider, Amazon which will see Amazon Web Services (AWS) providing the GSA with up to $1 billion in savings for cloud adoption, modernization, and training across US federal agencies through to the end ...
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United States
Investment giant Brookfield Asset Management is to launch a dedicated strategy to develop AI infrastructure as announced in its Q2 2025 letter from CEO Bruce Flatt and president Connor Teskey to investors."We are launching a dedicated strategy focused on the development of AI infrastructure—de...
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Edged Energy
Data center firm Edged this week said it had topped out its facility in Ankeny, just north of Des Moines, marking the completion of the building’s structural frame. The facility will offer 13MW of capacity across 105,000 sq ft (9,755 sqm) and utilize a waterless cooling system from sister comp...
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Texas
Cryptomine firm Satoshi Energy and energy firm Clearway this week announced the energization of a colocated high-performance computing data center at the Elbow Creek wind project in Howard County, Texas. The facility, hosted at Clearway’s 122MW Elbow Creek wind farm in Howard County, was devel...
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Tucson
The Tucson city council voted unanimously to reject Amazon's planned Project Blue AI data center campus. Mayor Regina Romero said that the city would also look to place limits on future data centers "to protect Tucson from this industry that is already here in Arizona."Project Blue is a 290-ac...
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Core Scientific
Core Scientific's largest shareholder, Two Seas Capital LP, has announced its opposition to the $9bn acquisition proposed by CoreWeave. The alternative investment manager shared its dissatisfaction with the terms proposed on July 7, which would see AI cloud firm CoreWeave acquiring developer C...
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Thailand / Prathet Thai
China's Galaxy Data Center (GDC) has announced that it will invest $2bn in data centers in Thailand after the “Prime Minister meets investors: Confidence in Thailand’s future” investor forum held in Thailand at the Government House’s Peace and Friendship Building.Feng Hui, the founder of GDC, ...
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Norway
Investment firm Vesper Infrastructure announced this week it had invested in Terakraft, becoming the majority shareholder. Terakraft operates a data center that will offer 10MW of capacity following a “comprehensive refurbishment” and upgrade program. The facility will utilize liquid cooling (...
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United States
The Pentagon is planning to put out a request for proposals for the next iteration of its Joint Warfighting Cloud Capability (JWCC) program as soon as Q1 of 2026. The contract dubbed JWCC Next will replace the previous iteration, which was awarded in 2022, though there will be a transition per...
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