October 07, 2025 Norway
Norwegian renewable investment firm Magnora has entered the data center market with the acquisition of Norwegian data center developer Storespeed. Magnora acquired a 75 percent stake in the company in partnership with Blix Solutions, a data center developer based in Norway, which nabbed a five...
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September 26, 2025 Nscale
AI data center developer Nscale has raised $1.1 billion to help its build-out in the UK and beyond in a Series B round led by Aker ASA, and participation from the likes of Blue Owl, Dell, Fidelity Management & Research Company, G Squared, Nokia, Nvidia, Point72, and T.Capital.“AI is reshaping...
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September 24, 2025 Norway
Norwegian firm ASP Data Center recently announced the acquisition of a former factory used by local clothing firm Dale of Norway with plans to turn it into an AI data center. The first phase of development will see the company relaunch the site as a 20MW data center. The project will see around...
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August 22, 2025 Norway
AI data center operator Terakraft and AI chip company Neurophos are teaming up for AI infrastructure at the former's data center in Norway, aiming to develop "sustainable" AI infrastructure under the agreement.“By hosting Neurophos’ ultra-efficient optical chips in our green data center for...
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August 07, 2025 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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August 02, 2025 North Carolina
A US data center park developer is seeking to build a new campus in North Carolina. In planning since last year, the site is currently zoned RA – Residential Agricultural. Tract’s site plans suggest up to five buildings could be developed on the site. The 400-acre site, between Patterson Farm...
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June 07, 2025 Norway
GreenScale this week announced the acquisition of Tonstad DataPark, a new data center development located in the municipality of Sirdal in West Agder County (NO2), Norway.Tonstad DataPark spans a 420,000 square meter (4.5 million sq ft) site with 300MW of grid capacity, approved by Glitre Nett...
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December 14, 2024 Norway
Nordic shipbuilder Vard has successfully delivered a cable-laying vessel to I.T. International Telecom Marine (IT), a submarine cable installation and maintenance firm. The vessel was formerly a platform supply vessel and was converted into a specialized cable-laying ship, named IT Infinity, to...
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August 18, 2024 North Carolina
Sodium-ion battery manufacturer Natron Energy plans to spend $1.4 billion on a 1.2 million square foot (111,500 sqm) facility, at the Kingsboro CSX Select Megasite which is expected to produce 24GW of batteries annually at full capacity and lead to 1,000 jobs. “Today is a momentous day for Natron...
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July 31, 2024 North Carolina
Data Journey this week announced it has acquired the former purpose-built enterprise data center from Bed Bath & Beyond data center in Claremont, Catawba County, and has converted the facility into a colocation facility. This marks the company’s second facility acquisition, after acquiring...
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July 19, 2024 Norway
Power grid optimization specialist Heimdall Power has raised $25 million in a Series B funding round to scale up production of its “Magic Ball” sensors which it claims can help grid operators access up to 40 percent of additional transmission capacity in existing power lines. These neuron sensors...
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June 07, 2024 Norway
Real estate investment management firm BentallGreenOak has invested another €350 million ($380m) into Nordic data center operator Bulk which will be used to ‘accelerate Bulk’s growth plans.’“The latest investment by BGO will fuel our ambitions to shift the gravity for global and European large...
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May 08, 2024 Norway
A new GPU cloud provider Nscale which relies on AMD hardware has announced its official launch and is now offering services based on AMD’s Instinct MI300X GPU accelerators from a cryptomining firm and sister company Arkon Energy’s data center in Glomfjord, Norway. “Over the coming years, AI will...
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April 15, 2024 London
Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for the...
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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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February 29, 2024 London
Property investor Segro has raised £900 million ($1.1 billion) in a share issue and intends to use this funds to develop its portfolio across the UK and Europe. The London-listed business had initially been hoping to raise £800 million ($1.01bn), but on Tuesday evening its directors said strong...
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January 10, 2024 London
Investment firm Swiss Life Asset Managers this week entered an agreement with London-based InfraBridge, an infrastructure investment management division of DigitalBridge Group, to acquire a co-controlling equity stake in Telecom Infrastructure Partners (TIP). Gianfranco Saladino, head of...
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January 05, 2024 West Virginia
West Virginia's Raleigh County Commission has indefinitely suspended a data center proposal for a new facility, which was to be developed between Flat Top Road and Joe Cooper Farm Road in Shady Spring. This development is now no longer under consideration with the County for lack of information....
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November 18, 2023 London
Building consultancy Ridge recently acquired London-based Concert, a data center-focused consulting company, to boost its business in that sector. Both companies finalized this acquisition on November 3, but the terms of the transaction were not disclosed. Concert will operate under its current...
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October 23, 2023 London
Asset management firm Intermediate Capital Group recently completed a £125 million purchase of offices and data center portfolio in London leased to UK telco Vodafone. The 260,000 square feet portfolio comprises five data centers which was initially acquired from British Land who announced the...
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