Data Center News

Read DataBank Raises $2bn for Dallas Data Center Buildout
DataBank Raises $2bn for Dallas Data Center Buildout

DataBank Raises $2bn for Dallas Data Center Buildout

April 22, 2026 Dallas

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represents...

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Read QTS Drops Plan for Data Center near Madison, Wisconsin
QTS Drops Plan for Data Center near Madison, Wisconsin

QTS Drops Plan for Data Center near Madison, Wisconsin

January 30, 2026 QTS Data Centers

QTS has backed off plans to develop a data center near Madison, Wisconsin, after pushback from local officials. The company has dropped plans for a campus in the Village of DeForest after the village announced its intention to deny an annexation request related to the project.“After individual...

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Read QTS Starts Preparation for $13bn UK data center
QTS Starts Preparation for $13bn UK data center

QTS Starts Preparation for $13bn UK data center

October 10, 2025 QTS Data Centers

QTS has begun site work on a massive data center project in Northumberland, UK which could see an investment of up to £10 billion ($13.2bn) across 10 facilities if fully built out. This March, the project received outline planning permission from the local council. After initially being pitched...

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Read QTS Plans Data Center in Forssa, Finland
QTS Plans Data Center in Forssa, Finland

QTS Plans Data Center in Forssa, Finland

August 20, 2025 QTS Data Centers

Data center firm QTS is expanding its European footprint with plans for a campus in Finland. The City of Forssa signed a preliminary agreement earlier this year with QTS for more than 100 hectares of land in Ratasmäki. "The interest of a large investor like Blackstone in Forssa is very good news....

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Read QTS Breaks Ground on Data Center in Iowa
QTS Breaks Ground on Data Center in Iowa

QTS Breaks Ground on Data Center in Iowa

August 13, 2025 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...

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Read Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park
Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

June 18, 2025 Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential. “This particular piece of...

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Read Meta & QTS sign solar PPA in Oregon
Meta & QTS sign solar PPA in Oregon

Meta & QTS sign solar PPA in Oregon

December 06, 2024 QTS Data Centers

Avangrid and Portland General Electric (PGE) have signed a Power Purchase Agreement (PPA) with QTS and Meta for energy from a 120MW solar energy project under construction in Morrow County, Oregon. This project will deliver energy to the PGE grid through the Green Future Impact (GFI) program, a...

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Read Blackstone claims a data center portfolio of $55bn
Blackstone claims a data center portfolio of $55bn

Blackstone claims a data center portfolio of $55bn

July 25, 2024 QTS Data Centers

Investment management company Blackstone in its latest earnings call mentioned that it has more than $70 billion in prospective data center pipeline development and over $70 billion in prospective data center pipeline development. CEO Stephen Schwarzman said that "the consequences of AI are as...

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Read County’s planning staff recommends denial of massive data center project again
County’s planning staff recommends denial of massive data center project again

County’s planning staff recommends denial of massive data center project again

December 13, 2023 QTS Data Centers

The Prince William County staff have again recommended the denial of all three rezoning requests associated with the PW Digital Gateway data center project. This comes after two rejections of the rezoning requests by QTS and Compass in recent months. County staff said in a report, “At this point,...

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Read QTS acquires Netherlands-based data center management firm Zentrys
QTS acquires Netherlands-based data center management firm Zentrys

QTS acquires Netherlands-based data center management firm Zentrys

November 08, 2023 QTS Data Centers

US data center firm QTS recently purchased Dutch data center management and operations company Zentrys. QTS intends to bring Zentrys employees on board over the next year and integrate the newly purchased company with its technology and processes. Chad Williams, CEO of QTS, said, "We welcome...

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Read QTS to expand into New Albany, Ohio
QTS to expand into New Albany, Ohio

QTS to expand into New Albany, Ohio

October 25, 2023 QTS Data Centers

QTS has revealed plans to expand into New Albany, Ohio by developing new data center campuses covering over a million square feet and 200MW. These new campuses will be on Beech Road; two on one site, a 57-acre piece of property, and another two on a nearby 37-acre site and construction should...

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Read QTS to establish operations in York County, South Carolina
QTS to establish operations in York County, South Carolina

QTS to establish operations in York County, South Carolina

September 22, 2023 QTS Data Centers

The South Carolina Office of the Governor confirmed that DC firm QTS will establish operations in York Country, marking the company’s entry into the state. This comes after news of a major data center project in York County dubbed ‘Project Cobra’ surfaced in June 2023. Gov. Henry McMaster...

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Read Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth
Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

Blackstone and QTS to build data centers worth $8bn for "once in a generation" AI growth

August 01, 2023 QTS Data Centers

The premier property fund of Blackstone, valued at $68 billion, is selling assets and preparing to invest billions in data centers. According to the Financial Times, Blackstone Real Estate Income Trust, or Breit, intends to invest $8 billion in the construction of new data centers through its...

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Read QTS acquires 400 acres in South Carolina's York County
QTS acquires 400 acres in South Carolina's York County

QTS acquires 400 acres in South Carolina's York County

July 27, 2023 QTS Data Centers

A new campus for its data centers is being built by QTS on 400 acres of land in York County, South Carolina. Citing York County real estate documents, BizJournal reports that two entities linked with QTS Realty Trust LLC have acquired nearly 400 acres off S.C. Highway 274 for more than $11.2...

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Read QTS Realty Secures a $800m Data Center Refinancing Contract
QTS Realty Secures a $800m Data Center Refinancing Contract

QTS Realty Secures a $800m Data Center Refinancing Contract

May 25, 2023 QTS Data Centers

QTS Realty, owned by Blackstone, has refinanced four data center properties. Citigroup leads a consortium of four institutions that provided the loan. It will be used to refinance QTS' existing $667 million debt and provide the funds necessary to finance tenant build-outs. The refinancing is...

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Read QTS begins work on Phoenix data center
QTS begins work on Phoenix data center

QTS begins work on Phoenix data center

May 18, 2023 QTS Data Centers

QTS has begun construction work on its Phoenix, Arizona data center PHX2 DC5. The company reportedly broke ground on the facility in March; it is set to span 337,330 sq ft (31,339 sqm) on 85 acres, offering 42 MW of capacity. The company shared that on March 21, it hosted a groundbreaking event...

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Read QTS reveals latest plans for campus in Prince William County's Digital Gateway
QTS reveals latest plans for campus in Prince William County's Digital Gateway

QTS reveals latest plans for campus in Prince William County's Digital Gateway

May 03, 2023 QTS Data Centers

Last week, QTS submitted the third draft of its plans for the controversial and hotly debated Prince William Digital Gateway to the Prince William County government. The updated plan shows the company's intention to increase the size of its proposed buildings. QTS has also requested a waiver to...

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Read QTS Data Centers Suspends its Request For $45 million in Tax Benefits at its Atlanta Location
QTS Data Centers Suspends its Request For $45 million in Tax Benefits at its Atlanta Location

QTS Data Centers Suspends its Request For $45 million in Tax Benefits at its Atlanta Location

April 27, 2023 QTS Data Centers

QTS Data Centers has refrained from requesting $45 million in tax incentives for its massive data center project near the Westside Trail of the Atlanta BeltLine. According to the Atlanta Business Chronicle, QTS halted its request for incentives for a $1.3 billion proposal involving two data...

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Read QTS plans for Northland data center in question
QTS plans for Northland data center in question

QTS plans for Northland data center in question

February 24, 2023 QTS Data Centers

Following speculation that QTS Realty Trust Inc. was the company seeking new development within Rocky Branch Creek Technology Park, and later confirmation, it looks like the company's Northland data center plans have now fallen through. The company was reportedly set to acquire the property...

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Read Reports Suggest QTS Will Join Diode's Kansas City Data Center Facility
Reports Suggest QTS Will Join Diode's Kansas City Data Center Facility

Reports Suggest QTS Will Join Diode's Kansas City Data Center Facility

February 09, 2023 QTS Data Centers

QTS may use a Diode Ventures data center in Kansas City, Missouri. In October, Diode signed two non-exclusive fiber easement with QTS Realty Trust Inc. to develop and maintain data transmission infrastructure at the site northeast of I-435 and Highway 169, according to BizJournal. Last year,...

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