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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
India / Bhārata
A state-owned Indian coal mining firm is considering building data centers in its decommissioned mines. The company initiated a feasibility study with the assistance of consultants. The studies will include site assessments, a comparative analysis of shortlisted locations, and a feasibility re...
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Google has confirmed it is behind a data center project in West Memphis, Arkansas. Dubbed Project Pyramid, plans were submitted earlier this year to develop a five-building data center campus on a 1,178-acre property on the south side of Bollinger Road in West Memphis, Crittenden County. The c...
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KAO Data
Kao Data investor Legal and General (L&G) has closed a €600 million ($706m) fund that will invest in digital infrastructure projects in Europe and the UK. This is “a key milestone in L&G’s asset management strategy to expand its private markets proposition,” the company said. A second ...
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Amazon AWS
Investment firm KKR has appointed Adam Selipsky as a senior advisor for technology and AI strategy. Selipsky will advise on strategy, capital allocation, and governance for the firm’s $179 billion Real Assets business.Selipsky was the CEO of cloud giant Amazon Web Services (AWS) from 2021 to 2...
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Germany / Deutschland
EcoDataCenter has secured €600 million ($703m) in debt financing from Deutsche Bank Private Credit and Infrastructure which will be used to develop AI data centers in Sweden.“AI infrastructure is a new base industry, and we are building one of Europe’s most exciting companies in the sector. We...
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Poland
A data center project in Poland is offering up to PLN 800 million ($220m) in funding for three state-owned data centers, with the Digital Poland Project Center calling for applications. The data centers are each expected to span around 2,000 sqm (21,527 sq ft), and will "largely" be powered by...
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Brittany
Pelagos Data Centres this week announced plans to develop a 250MW project on the British territory of Gibraltar. The facility will be constructed in five phases at a 20,000 square meter (215,280 sq ft) site near the Port of Gibraltar.Konstantin Sokolov, chairman of Pelagos Data Centres, said: ...
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United States
SAP to Spend €20bn on European Sovereign CloudGerman software company SAP is planning to invest more than €20 billion ($23.3bn) in expanding its sovereign cloud offering in Europe, launching various platforms for customers to deploy in their data centers. OData Secures $1.02bn in Green Financi...
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United States
Nvidia this week announced it was developing data center reference designs to be shared with partners and enterprises worldwide, known as the AI Factory Giga-Scale Reference Designs.Earlier this year, Nvidia introduced an Omniverse Blueprint for AI factory digital twins, allowing customers to ...
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Finland
Helsinki-based AI cloud company DataCrunch is looking to develop a data center in Akaa, Finland and has purchased 10 hectares of land in the Akaa Point business district for around €600,000 ($698,200). "The scale of the investment is significant and it strengthens our city's tax revenue base, ...
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ODATA SA
Latin American data center firm OData this week announced $1.02bn in green financing. The proceeds will be used for data center projects that “meet the highest standards of sustainability” across Brazil, Mexico, Chile, and Colombia. The company said the financing was the largest of its kind fo...
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Flexential
US data center firm Flexential this week announced the acquisition of a land parcel in Hillsboro, Oregon, that will be home to its sixth data center in the city.Located across from Flexential's Hillsboro 1 data center at 3935 Northeast Aloclek Place, the site will host Hillsboro 6, a 350,000-...
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Khazna
Khazna Data Centers has secured $2.62 billion in bank financing from two of the country’s banks, Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank, to grow its data center empire.“The criticality of our work is highlighted by the expanding scale, scope, and sophistication required to s...
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UK-based fintech Revolut has signed a multi-year and multi-million-dollar deal with Google Cloud. The two companies have an existing relationship, with Revolut being one of the largest Google Pay and Wallet partners. "Google's world-leading AI and cloud infrastructure are an incredible asset,"...
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United States
Hitachi Energy has announced a $1 billion investment to scale up its grid infrastructure manufacturing footprint in the US, addressing the power demand from the AI data center sector. Nearly half of the investment, $475 million, is earmarked for the construction of a new power transformer manu...
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Hive Data Center
Data center infrastructure and technology firm, Hive Digital, has announced the completion of the second phase of development at its cryptomine in Paraguay ahead of schedule. With the completion of Phase II at the Yguazú site in Paraguay, Hive states that it has a total global hashrate of 18 E...
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Chile
Chile’s undersecretariat of telecommunications (Subtel) this week authorized a request submitted by Starlink to roll out six ground stations across the country. Five of them will be located in the Metropolitan Region - in the municipalities of San Bernardo, Pudahuel, Las Condes, and Quilicura....
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Germany / Deutschland
German software company SAP is planning to invest more than €20 billion ($23.3bn) in expanding its sovereign cloud offering in Europe which will span the next 10 years.Among SAP's plans is to bring an Infrastructure-as-a-Service (IaaS) platform to its European cloud offerings, as well as launc...
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Alibaba Cloud
Technology company Bosch has signed an expanded agreement with Alibaba Group for cloud computing and AI technologies. Both companies will work together on cloud-based enterprise operations, AI business innovations, and expanding Bosch's e-commerce business.“Our partnership opens up exciting op...
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Africa
Indian tower company Indus Towers has outlined plans to expand its footprint into Africa. The company's board has approved plans to expand its tower portfolio into Africa, kicking off with Nigeria, Uganda, and Zambia.In the announcement, Indus has said that it will leverage its financial posit...
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