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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
United States
Crypto and HPC data center firm Bitzero this week announced it has secured $25 million in funding for its mining operations. A part of the funding will be allocated to the purchase of 2,900 Bitmain S21 Pro miners, with hardware deployment set to be completed within four to six months.“Our mis...
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Wyoming
Crusoe this week announced a strategic partnership with Tallgrass to develop a 1.8GW AI data center campus located in southeast Wyoming. Designed to scale up to 10GW, the campus will integrate multiple energy sources fueled by natural gas and future renewable energy developments in the region....
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Minnesota
Social media giant Meta and concrete maker Amrize last week announced a partnership to develop a “first-of-its-kind, AI-optimized concrete mix” tailored to meet the specific needs of Meta’s data center in Rosemount, Minnesota.“We work to design our data centers as efficiently and sustainably a...
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Amsterdam
European fiber firm euNetworks is exiting its Amsterdam data center in the Netherlands as colocation customers have apparently been asked to vacate the data center by next year.The news was revealed by Dirk Pol, of Dutch connectivity firm i4 Solutions, in a post on LinkedIn. “euNetworks will b...
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Aligned
Aligned Data Centers this week announced plans to expand in Central Ohio with the development of a data center campus inside the Conesville Industrial Park in Coshocton. Coshocton is located approximately 63 miles (101 km) northeast of Columbus.Aligned will develop a 197-acre parcel adjacent t...
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United States
US data center firm EdgeCore Digital Infrastructure this week announced the completion of an asset-backed securitization (ABS), totaling $235 million. Proceeds will be used to refinance construction loans and fund future green data center development."EdgeCore's rapid, exponential growth conti...
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California
The Guadalupe Quarry Redevelopment Project propose in San Francisco, California, has been scaled down amid environmental concerns. The site is located south of San Francisco in the city of Brisbane and the company seeks to construct a 180,000 sq ft (17,000 sqm) data center and an industrial bu...
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Germany / Deutschland
European operator AtlasEdge has launched a new data center in Stuttgart, Germany, STR001 in the Böblingen area of the city. The company said the site was 100 percent powered by renewable energy and is fully compliant with the German Energy Efficiency Act (Energieeffizienzgesetz).“We’re proud t...
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United States
Containerized Edge data center company Armada has raised $131 million from investors and launched a new megawatt-scale product. The new funding round includes new investors Pinegrove Veriten and Glade Brook, as well as participation from existing investors such as Founders Fund, Lux Capital, S...
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United States
US private real estate investment and development firm Menlo Equities is doubling down on data centers with a new dedicated platform - Menlo Digital, focused on the acquisition, development, and operation of data centers.Rick Holmstrom, Menlo Equities' founder and executive chairman, said: "We...
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Microsoft Azure
Microsoft has signed a 12-year carbon offtake agreement with Vaulted Deep that will see the removal of up to 4.9 million tonnes of carbon dioxide and enable Vaulted to expand its operations to new sites across the US."As carbon removal moves beyond pilots and prototypes, there is growing deman...
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Google has signed its first partnership with a long-duration energy storage (LDES) company, Energy Dome to support multiple commercial deployments worldwide to help scale the company’s CO2 battery technology.The company has developed a 20MW/200MWh battery, which it claims has a lifetime of mor...
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Scala Data Centers
Scala Data Centers has successfully closed its first international project financing, securing $254 million in long-term financing for the construction of three hyperscale data centers and a critical power substation in Chile. The financing is set to fund the expansion of Scala's presence in t...
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United States
Anthropic will seek Gulf state investments, according to a leaked memo from CEO Dario Amodei.The leaked Slack message sent by Amodei to company staff on July 20 stated: “There is a truly giant amount of capital in the Middle East, easily $100B or more. If we want to stay on the frontier, we ga...
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North America
Venture capital firm Activate Capital this week announced a strategic investment in Xnergy Climate System, a North American manufacturer of air handling and liquid cooling technologies. This investment will support Xnrgy's growth, expand its domestic manufacturing presence, and accelerate the...
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United States
Small nuclear reactor developer Oklo and data center power and cooling firm Vertiv this week announced a collaboration agreement focused on the co-development of power and thermal management solutions tailored specifically for hyperscale and colocation data centers that will be deploying Oklo’...
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United States
Krohne, the manufacturer of instrumentation and measurement tools, is expanding its production for the data center market and will be developing more magnetic flow meters (magmeters) for data centers, "dedicating a significant portion of its annual production capacity to meet escalating demand...
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United States
Vertiv has acquired the Great Lakes Data Racks & Cabinets family of companies, a maker of server racks for $200 million. Vertiv said the acquisition is expected to enhance its capacity to deliver pre-engineered, AI-ready rack solutions optimized for the enterprise, Edge, colocation, and hy...
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Equinix
Equinix has agreed to pay $41.5 million as a settlement with the plaintiffs in a class action that alleged it misled its shareholders. According to Hindenburg’s March 2024 report, Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs.It claimed that...
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United States
Data center Firms Plan $90bn Investment in PennsylvaniaData center and energy firms have pledged to invest $90 billion in the US state of Pennsylvania to help build out its digital infrastructure following a summit attended by President Donald Trump. Vantage Announces 224MW Data Center Campus ...
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