Data Center News

Blykalla Raises $50m as it Advances Plans to Power Data Centers

Sweden

Swedish small modular reactor (SMR) start-up Blykalla has closed a $50 million (€42m) financing round to accelerate development of its lead-cooled SMR, with a focus on meeting growing demand from the data center sector.Blykalla said that it will use the capital to scale testing and validation ...

Trump Media & Technology Group Merges with TAE Technologies

Google-backed nuclear fusion company TAE Technologies has merged with President Donald Trump's social media firm, Trump Media & Technology Group (TMTG), in a $6 billion deal.The new company is expected to encompass several businesses, including Truth Social, TAE Power Solutions, and TAE Li...

Microsoft to Purchase 28,500 Tons of CO2 Removal Credits from InPlanet

Microsoft has signed a carbon removal deal with Brazilian enhanced rock weathering (ERW) firm InPlanet for more than 28,500 tons of carbon credits. Microsoft has signed a carbon removal deal with Brazilian enhanced rock weathering (ERW) firm InPlanet for more than 28,500 tons of carbon credits...

VCI Energy, DPS Energy to Develop 250MW Solar Project in Malaysia

Malaysia

Malaysian renewable energy developer VCI Energy has partnered with DPS Energy to develop a up to 250MW solar project to power AI data centers in Malaysia. According to the partners, the project is structured as an infrastructure-grade renewable energy platform capable of supporting up to 250MW...

EdgeMode Secures Power Supply for 1.5GW Spanish Data Center Platform

Data center developer EdgeMode has secured firm power supply for its planned AI data center platform in Spain. The platform, which is being developed as part of a joint venture with Blackberry Alternative Investment Fund (BAIF), comprises five campus-style data center projects, each designed f...

Jet.AI, CCE Form JV to Develop 50MW Data Center in Clark County, Nevada

U.S. AI data center developer Jet.AI has signed a joint venture (JV) agreement with infrastructure construction firm Choo Choo Express (CCE) to develop a data center campus in Moapa, Clark County, Nevada.According to the partners, the campus is situated adjacent to a remediated coal-fired powe...

New Era Energy to Acquire SharonAI's 50 Percent Share in Texas Critical Data Centers

Texas

New Era Energy & Digital has signed a binding agreement to acquire Sharon AI’s 50 percent stake in Texas Critical Data Centers (TCDC), a joint venture between the two companies, which is developing an AI data center in Ector County, Texas.New Era Energy & Digital will pay SharonAI an a...

US Law Firm to Investigate Fermi America over Potential Violations of Federal Law

US law firm Robbins Geller Rudman & Dowd is investigating Fermi America, the developer of the up to 11GW mega data center campus in Amarillo, Texas. The law firm said that it is investigating the company over potential violations of federal securities laws following the collapse of an anch...

New Era Energy to Acquire SharonAI's 50 Percent Share in Texas Critical Data Centers

Texas

New Era Energy & Digital has signed a binding agreement to acquire Sharon AI’s 50 percent stake in Texas Critical Data Centers (TCDC), a joint venture between the two companies, which is developing an AI data center in Ector County, Texas.New Era Energy & Digital will pay SharonAI an a...

Goodman, CPP Investments Establish €8bn European Data Center Platform

Goodman Group

Goodman Group has teamed up with the Canada Pension Plan Investment Board (CPP Investments) to establish a €8 billion (US$9.4bn) European data center partnership.The 50/50 venture will see the companies commit an initial €2.2bn (US$2.59bn) to develop a portfolio of data center projects across ...

Axiado Raises $100m for Hardware-Based Data Center Security Platform

Axiado has secured more than $100 million in financing to fund the development of its hardware-based data center security platform. The California-based vendor raised the cash in a Series C+ funding round led by Maverick Silicon with participation from Prosperity7 Ventures, Orbit Venture Partn...

Google to Buy Intersect Power for $4.75bn

Google

Google is set to acquire Intersect Power, a US-based data center and energy infrastructure developer, for $4.75 billion. The deal will see the hyperscaler's parent company Alphabet purchase Intersect's entire portfolio of in-development and under-construction assets, which comprise several gig...

Nscale Agrees $865m Deal for 40MW of Space at WhiteFiber Data Center

North Carolina

Colo firm WhiteFiber has agreed a $865 million deal with Nscale that will see the neocloud take 40MW of space at an upcoming data center in North Carolina. The ten-year deal will see Nscale rent space at WhiteFiber’s NC-1 facility in Madison, North Carolina."WhiteFiber has taken a prudent and ...

Red Post Energy to Develop Natural Gas Power Solution for Planned Data Center

Virginia

US independent power producer Red Post Energy Group has signed a letter of intent (LOI) with data center developer Wise Innovation Hub Venture (Oasis) to develop a natural gas power supply solution for a planned data center and technology hub in Wise County, Virginia."Reliable, dispatchable po...

Google Signs Two PPAs in Malaysia

Google

Google has signed two long-term Power Purchase Agreements (PPA) in Malaysia.The first deal saw it ink a 21-year PPA with TotalEnergies to supply the tech giant with 20MW of solar power from the Citra Energies solar plant in the northern Kedah province.“We’re thrilled to build on our collaborat...

Khazna Buys Land in Dammam for 200MW Facility

Khazna

UAE data center firm Khazna this week announced the acquisition of 225,000 sqm (2.4 million sq ft) of land in Dammam to develop local data center capacity. The company said the site, the company’s first in the kingdom, will support up to 200MW of capacity.“Over the past decade, Saudi Arabia ha...

WIOCC Secures Additional $65m in Sustainability-Linked Loans

Africa

African digital infrastructure provider WIOCC Group has raised $65 million in debt financing to fund the expansion of digital infrastructure across Africa. The funding is secured through sustainability-linked debt financing, arranged by International Finance Corporation (IFC), Proparco, Emergi...

AtlasEdge Sells Nine Data Centers Across Europe to Spanish Operator Templus

AtlasEdge

European Edge data center company AtlasEdge has sold a portfolio of facilities to Spanish operator Templus.The companies announced the deal this week, with nine data centers trading hands. Templus will be taking over data centers in Madrid and Barcelona, Spain; Milan, Italy; Zurich, Switzerlan...

Microsoft Signs Two PPAs with Iberdrola in Spain

Microsoft Azure

Microsoft has signed two Power Purchase Agreements (PPA) with Iberdrola in Spain representing 150MW of contracted capacity. The power is tied to two onshore wind power projects in the country, the 94MW Iglesias Wind Farm, in Burgos, Castilla y León and the 101MW El Escudo Wind Farm, in Cantabr...

InfraRed Acquires Majority Stake in NxN Data Centers

NXN Datacenters

Infrastructure asset manager InfraRed this week announced its majority investment in NxN Data Centers. InfraRed, alongside minority investor Adequita, will support the development of NxN’s first data center, a 5MW facility located in Valencia, as well as ongoing expansion opportunities across ...