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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Texas
The Texas Tech University System (TTU System) announced a collaboration with recently founded energy and technology company Fermi America to develop a large AI and energy campus near Amarillo in the Texas Panhandle. The Advanced Energy and Intelligence Campus will reportedly include “18 millio...
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United States
Insurance brokerage Lockton has partnered with Parametrix, a provider of digital business interruption risk solutions, to bring a Service Level Agreement (SLA) insurance offering to the data center market. The companies said the parametric coverage offers immediate payouts triggered by predefi...
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United States
AMD has partnered with Indian tech company HCLTech to boost the development of solutions across AI, digital, and cloud. The partnership will support the creation of a “robust digital ecosystem,” the two companies said in a statement.This will include joint investments in innovation labs and tr...
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United States
Meta has signed four renewable energy agreements across four projects in Ohio (x2), Arizona, and Texas, for a combined capacity of 791MW from Invenergy to power its US data center portfolio.The four contracted projects include the 300MW Yellow Wood Solar Energy Center in Clinton County, Ohio, ...
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United States
Nasdaq-listed Sonim Technologies, a provider of rugged mobile phones and other products, this week announced the signing of a non-binding Letter of Intent (LOI) for a proposed reverse take-over (RTO) with a privately owned US-based company that is “building out Nvidia-based high-performance co...
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Italy
French data center firm Qarnot has launched a new data center deployment at the Lamarmora power plant in Brescia in Lombardy, in partnership with local energy firm A2A and connected it to the city’s local district heating network.Paul Benoit, Qarnot's CEO, said: "Partnering with A2A represents...
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United States
People consider the cloud to be intangible. However, there are dozens of servers powering that invisible force in thousands of data centers stationed around the world. These facilities, many of which operate continuously without interruption, consume vast amounts of energy and are increasingly...
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Canada
Jet.AI Inc., a company pivoting from aviation software and services into data centers, this week announced that it and Consensus Core Technologies, a Canadian provider of GPU infrastructure and AI cloud services, have executed a definitive agreement to jointly develop a phased hyperscale data ...
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Texas
US-based power marketer Gridmatic has signed a 10MW Power Purchase Agreement (PPA) with Sol Systems in Texas, with a portion of the power supplied to data center developer EdgeConneX under a 24/7 carbon-free energy agreement (24/7 CFE). The PPA has a capacity of 14MW and reached commercial op...
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Manchester
Deep Green, a company that deploys small data centers close to swimming pools, is planning to deploy 400kW of compute hardware within a 150 sqm (1,614 sq ft) space at the Move Urmston Leisure center in Urmston, southwest of Manchester. It will be the company’s first deployment in the UK’s Nort...
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ST Telemedia Global Data Centres (STT GDC)
APAC data center firm ST Telemedia Global Data Centres (STT GDC) has launched a new data center in Tokyo, Japan.Tokyo 1 is the first of two buildings at the company’s STT Tokyo campus within the Goodman Business Park, Inzai. The campus will support up to 70MW of IT load when completed, with ST...
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DigitalBridge
DigitalBridge and energy investor ArcLight Capital have invested capital commitments totaling $500 million in a new dispatchable power firm targeting data centers- Takanock, which describes itself as a provider of digital and power infrastructure solutions. The company aims to address the powe...
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Google has spent $14 million to buy a plot of land for a data center development in Botetourt County, Virginia. The deal for the 312-acre site at the Botetourt Center industrial park, Greenfield, was announced on Tuesday.“We are always looking for communities that have the innovative and colla...
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Microsoft Azure
Microsoft has signed yet another carbon removal deal, this time buying carbon removal credits from forestry projects in the US with Anew Climate and sister company Aurora Sustainable Lands. Both companies announced a 10-year agreement to deliver 4.8 million nature-based carbon removal credits ...
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Toronto
Crypto firm Hive Digital this week announced the signing of a purchase and sale agreement to acquire a facility with 7.2MW of installed capacity. Hive said the acquisition will support the development of a “sovereign Canadian AI ecosystem” through its wholly owned subsidiary, Buzz High Perform...
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Malaysia
Time Energy, the renewable division of Malaysian telco Time dotCom, has launched the country’s first community solar project for data centers. The company signed an agreement with AIMS Group, a colocation and Edge data center provider, which will be the first anchor customer, via the Community...
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United States
Cloud infrastructure provider Vultr has secured $329 million in credit financing to help further expand its AI infrastructure and cloud computing platform. The financing is made up of a $255 million syndicated credit facility, including a $35 million uncommitted accordion, and $74 million of r...
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United States
Hewlett-Packard Enterprise (HPE) has expanded its portfolio of Nvidia AI computing solutions, including the launch of the next generation of HPE's Private Cloud AI, and plans to work with KDDI on a new GB200 NVL72 system.HPE's Private Cloud AI is described as an "integrated turnkey AI factory ...
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United States
Utilidata has raised $60.3 million in Series C funding to scale its energy infrastructure AI platform, Karman, developed in partnership with Nvidia. The platform provides real-time visibility, identifies and manages distributed energy resources, enhances resiliency, and offsets the need for fu...
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Europe
Swiss real estate investment advisor Stoneweg is entering the data center market, launching its own data center fund and platform via its Stoneweg Europe Stapled Trust (SERT) unit. The company this week announced Stoneweg European Business Trust has made a €50 million ($58m) investment in the ...
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