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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Microsoft Azure
With more and more data center companies committing to climate change initiatives, the industry is also looking at how it can make backup energy more sustainable too. For decades, diesel has served as the primary fuel for traditional backup generators - however, diesel fuels, whilst getting cl...
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Microsoft Azure
According to the principles of Moore’s law, technology will double in its capacity every two years. Although on the technological advancement front this is great news, with increased computer power comes challenges. The main challenge being increased excess heat and the need to cool it. A numb...
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Flexential
Flexential has made a leaseback agreement with Legacy Investing and Invesco Real Estate for its data center facility in Plano. The deal will see Flexential add 130,000 square feet to its existing space, which means it will be doubling its capacity with the expansion. None of the companies d...
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Lumen Technologies
Lumen Technologies has announced that it is selling its current local exchange carrier (ILEC) business in 20 states for $7.5 billion. The firm will be selling the business to Apollo Funds. Lumen Technologies currently operates the ILEC business under the CenturyLink name, and the business incl...
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Mantra Cata Centers
Mantra Data Centers has announced that it plans to make a significant investment in India, with proposals to inject $1 billion into its expansion project that will see data centers in NCR (Delhi), Chennai, Bangalore, Hyderabad, Kolkata and Mumbai, where it will build two. It has not yet been c...
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CyrusOne Madrid I
CyrusOne, a data center REIT, acquired five acres of land in Madrid, Spain, to build a new data center. The Company’s recent earnings report showed that it acquired this land in Alcobendas, Madrid. CyrusOne also revealed earlier in the week that it acquired the land to build a new data cent...
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Green Mountain OSL1-Enebakk
Green Mountain has announced that it has expanded its DC3-Oslo facility in Norway. Green Mountain just acquired the 4MW facility, and it has doubled its capacity by adding another 4MW capacity to the site. Aside from that, it also added a new backup generator set to the facility. The CEO of...
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DATEV: Am Tower 5
DATEV has acquired q.beyond’s Nuremberg data center. Earlier in June, q.beyond (formerly QSC) initially announced its intention to sell its colocation business in June 2021. It operates three data centers in Nuremberg and Munich through its wholly-owned subsidiary, IP Exchange GmbH. The Nuremb...
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Elea Data Centers
Piemonte Holdings, a Brazil-based firm, plans to invest 600m reais ($116m) in data centers throughout the rest of the year. The Rio de Janeiro-based firm says it will be expanding its existing data centers and buying new sites in Brazil in H2 of 2021. CEO of the firm, Alessandro Lombardi, says...
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Nabiax
Nabiax has announced that it has tied its project financing to sustainability goals. The data center firm announced that its €320 million ($379.5m) financing had been converted into a sustainable format. Valora will serve as the project’s sustainability consultant, while BBVA will be the susta...
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Keppel Data Center REIT
Keppel Corporation has offered to acquire the non-media part of Singapore Press Holdings (SPH) for S$2.2 billion (USD 1.6 billion). This includes Keppel and SPH's jointly-owned data center and telco assets. The other parts of the business it wants to acquire include shopping malls, nursing ...
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Netherlands
Dutch telco KPN has agreed to a €1 billion ($1.176bn) sustainability-linked loan. The loan is linked with some sustainability performance in the next few years. The credit facility will be linked to three sustainability objectives. The first one is reducing its energy consumption, the secon...
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KIO Data Centers
I Squared Capital is to acquire KIO Networks through its ISQ Growth Markets Infrastructure Fund and ISQ Global Infrastructure Fund III. None of these companies disclosed the terms of the deal. KIO Networks is the biggest data center firm in Mexico. It operates 11 core data center campuses a...
Read moreAsia-Pacific (APAC)
There is an increasing awareness around the need to slash carbon emissions in the industry and push towards more sustainability. Yet, according to a recent UN report, around only 40% of the enterprises who have made sustainability commitments believe their targets are ambitious enough to meet ...
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Vantage Data Centers
Vantage Data Centers recently announced that it will push to achieve net-zero carbon emissions globally by 2030. It says that it will strive to reach these targets by reducing greenhouse gas emissions and investing in carbon-removal technology. Specifically, the company will focus its efforts...
Read moreRackBank Datacenters Ltd has announced that it has signed a memorandum of understanding (MoU) with ReNew Power, whereby it will provide the company with 100% renewable energy to power its hyper-scale data center in India. According to the company, this pact will bring India its first "green" d...
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Edge Centres
DC Matrix, a new Edge data center firm based in Queensland, Australia, wants to build six data centers in Queensland. The first of the six facilities will be in Slippy Downs, on the Sunshine Coast. The chief digital infrastructure officer at DC Matrix, Adam Gibson, said the building design of ...
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CBRE Global Investors Ltd
CBRE Group will acquire a 60% stake in Turner & Townsend for £960 million ($1.3 billion) cash. CBRE Group is a real estate services and investment firm. At the same time, Turner & Townsend is a UK-based real estate, natural resources, and infrastructure consultancy that provides cos...
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Digital Seoul 2 (ICN11)
Digital Realty has announced it is expanding its footprint in Seoul, South Korea, with a 64MW data center following the purchase of a land parcel in Gurae-dong, Gimpo City, in northwest Seoul. It is expected to be completed in the first half of 2023.The facility will span 970,000 square feet ...
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Carrier-Neutral Data Center
NextDC just bought a plot of land covering 1,334,724 square feet in West Sydney for the development of a new data center. The site is located at Horsley Park, in New South Wales. This location will be NextDC’s fourth facility in the city, and it will be called S4. NextDC also says subject t...
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