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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Denver
Denver City Council voted Monday to approve a one-year moratorium on new data center developments. The measure temporarily halts the acceptance, processing, and approval of zoning permits, site development plans, and amendment applications related to data centers. However, the moratorium exclu...
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Meta
Meta has begun laying off 8,000 employees globally as part of a broader restructuring tied to its growing AI and data center investments. The company plans to reduce its workforce by around 10 percent to free up cash flow for expanded data center spending. At the same time, Meta has canceled p...
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NVIDIA
Nvidia reported record Q1 2027 revenue of $81.6 billion, up 85 percent year-over-year and 20 percent from the previous quarter. Data center revenue reached $75.2 billion for the quarter ending April 26, marking annual and quarterly growth of 92 percent and 21 percent, respectively. Alongside i...
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Edge Centres
Armada has raised $230 million in an oversubscribed Series B round, its largest funding to date, bringing total capital to nearly $500 million. The round was co-led by Overmatch, BlackRock, and 8090 Industries, with participation from investors including Johnson Controls, NightDragon, Mitsui, ...
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Panattoni Development Company
Panattoni has taken over a Meta Platforms-backed plan to build a 430-acre data center in southern Wisconsin, spanning the towns of Beloit and Turtle. The project was previously being developed under Cambrin LLC, which shares contact details with an entity linked to Meta’s confirmed Beaver Dam ...
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Japan
PowerX, a Japanese energy storage firm, has unveiled a mounted battery energy storage system for data centers. The product concept, dubbed "PowerX Energy Blade," is a high-output, rack-mounted lithium-ion battery storage system. The company claims that the unit will be optimized for rapid char...
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United States
Donald Trump has bought millions of dollars’ worth of shares in data center-related firms this year, according to newly released financial disclosures. The 113-page filing shows he made hundreds of investments in publicly traded companies in 2026, including data center power and cooling firms ...
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Brazil / Brasil
Omnia, a Brazilian data center platform, has signed a 20-year power supply agreement with renewable energy firm Casa dos Ventos to support a data center planned for ByteDance. According to Reuters, the $2 billion deal will power the facility located at the Pecém port complex in Ceará, in north...
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Ohio
Cleveland, Ohio, has turned down Lakeland Equity Group’s $1.6 billion plan to develop a data center campus. Mayor Justin M. Bibb announced on May 14 that the city had denied the permit for the proposed facility, which was planned for a 35-acre site at 3560 E 55th St. Lakeland described the pro...
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MC Digital Realty
Digital Realty has opened a new data center in Barcelona, marking its first facility in the city. The BCN1 site is located at Av. del Maresme, 43 in the Sant Adrià de Besòs innovation district. Digital Realty, through its subsidiary Interxion, announced plans in 2022 for a 15MW data center in ...
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United Kingdom
Malaysian Operator and Chinese Tech Firm to Develop Digital Park in PerakMalaysian data center developer Cahya Suria Services and Chinese tech firm Suzhou EnnoThing Technology have teamed up to develop a digital park in Perak, Malaysia known as the NexQuantum AI Digital Park. It will be develo...
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Italy
The mayor of Trino in northern Italy has revealed plans to develop what could become Europe’s largest data center at the former Enel Galileo Ferraris power plant, according to Rai’s regional news outlet. TGR Piedmont reported that Mayor Daniele Pane said local authorities are resolving the rem...
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Techno Digital
An edge data center has been launched in Mumbai by Techno Digital, the digital infrastructure arm of Techno Electric & Engineering Company Limited (TEECL). The Mumbai Edge Data Center, located in Mahalakshmi, South Mumbai, delivers 800kW of capacity across 55 racks and is connected to Rail...
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Magnora
Norwegian renewables and data center developer Magnora ASA has secured land for a new 30 MW data center project in the Milan area, the company announced on Monday. The wholly owned project is Magnora's second in Italy and brings its data center development portfolio to 585 MW gross and 460 MW ...
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eStruxture: CAL-3
eStruxture has signed CoreWeave as the anchor tenant for Phase 1 of CAL-3, its 90 MW AI-ready data center in Rocky View County just outside Calgary, eStruxture announced on May 14. The Tier III facility is the largest data center under construction in Alberta and is targeted for commercial ope...
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Oklahoma
Oklahoma Governor Kevin Stitt has signed a bill to protect ratepayers from rising utility and infrastructure costs linked to data centers. Proposed by Rep. Brad Boles on January 3, 2026, it is expected to take effect in July. The law requires large-load customers—including data centers, crypto...
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Switzerland
Flexbase has begun construction on the Laufenburg Technology Center in Switzerland, which will combine a large battery energy storage system and a 480MW AI data center. The facility will feature a redox flow BESS with 1.6GW of capacity and 2.1GWh of storage, and is scheduled for completion in ...
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United States
H2CHP, a Durham University spinout developing clean electric generators for data centers and other energy-intensive sites, has raised £1.5 million ($2 million) in its latest funding round, according to Recharge News. The company’s main product is a free-piston linear generator, which it descri...
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Malaysia
Malaysian data center developer Cahya Suria Services and Chinese tech firm Suzhou EnnoThing Technology have teamed up to develop a digital park in Perak, Malaysia. The project, known as the NexQuantum AI Digital Park, will be developed through a joint venture called NexQuantum 1 and is valued ...
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NEXTDC
Australian data center operator NextDC has launched KL1, its first international data center, near Kuala Lumpur, Malaysia. The facility is located in Seksyen 51a in Petaling Jaya, west of Kuala Lumpur.The facility is expected to deliver 65MW of capacity once fully completed, though NextDC has ...
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