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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Bridge Data Centres
APAC data center developer Bridge Data Centres (BDC) has signed an industrial water purchase agreement with Thai utility Eastwater Stecon Utilities Co (EWS) for ‘sustainable’ water supply for its under-construction hyperscale data center campus in Chonburi Province, Thailand.Eric Fan, CEO, Bri...
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United States
US fuel cell developer Bloom Energy has signed a $5 billion AI infrastructure partnership with global investment firm Brookfield, which will see an investment of up to $5bn to support the deployment of Bloom’s Solid Oxide Fuel Cell (SOFC) technology in AI data centers worldwide.KR Sridhar, fou...
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United States
US quantum computing firm IonQ has announced plans to raise $2 billion through an equity offering. The company will sell 16.5 million shares at $93 each to an entity managed by investor Heights Capital Management.“This investment provides an opportunity for the IonQ team to continue to grow an...
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Principal Asset Management
Principal Asset Management this week announced the sale of a 15.2MW, 185,000 sq ft (17,185 sqm) single-story data center in Alpharetta, Fulton County.The data center, located on 39 acres at 4905 North Point Parkway, was originally built for a telecommunications technology company in 2009, with...
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Australia
Australian AI cloud firm Firmus is planning expansion across Australia in partnering with local operator CDC Data Centres. The company said the partnership could extend its capacity to 1.6GW under an initiative known as Project Southgate. As well as the existing project in Tasmania, deployment...
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Vantage Data Centers
Data center operator Vantage this week announced plans for MXP2, expanding its footprint in Lombardy. The €350 million ($407m) campus, located in Castelletto some 15 kilometers from central Milan, will feature two three-story data center buildings delivering a combined 32MW of critical IT capa...
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Ohio
US power marketer Gridmatic has expanded into Ohio, with the launch of its Gridmatic Retail product in the state which will offer both standard and advanced energy contracts to a range of commercial and individual customers, including data centers and other consumers with flexible loads.“We’re...
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France
Cellnex, through its wholly owned subsidiary Cellnex France, this week announced it has entered into a put option agreement with Vauban Infra Fibre (VIF) to sell 99.99 percent of Towerlink France, the entity responsible for the group’s main data center operations in France.“We remain committed...
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Verne Global
Nordic data center firm Verne this week announced it has sold the Finnish operations, including facilities in Pori and Tampere, to Nordic cloud firm Glesys. “We’re pleased to welcome a talented team and a strong customer base through this agreement with Verne. It expands our data center footpr...
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United Kingdom
Apple has expanded its renewable energy portfolio across Europe, adding more than 650MW of new renewable capacity. The projects include several large-scale solar and wind projects across Greece, Italy, Latvia, Poland, and Romania.“By 2030, we want our users to know that all the energy it takes...
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Oracle
Texas gas solutions provider VoltaGrid plans to supply Oracle with 2.3GW of natural gas capacity to support the energy demands of the cloud provider's artificial intelligence data centers to be supplied through Energy Transfer’s midstream pipeline network. “AI workloads are uniquely power-inte...
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CoreWeave
AI startup Poolside is teaming up with CoreWeave for the development of a 2GW data center in West Texas. Dubbed Project Horizon, CoreWeave will be the anchor tenant for the first phase of the project, which alone will offer 250MW of power capacity under a 15-year lease, expandable to 500MW.“Po...
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Galaxy Digital
Galaxy Digital this week entered into investment agreements with “one of the world's largest and most respected asset managers” for a $460 million private strategic investment in Galaxy's Class A common stock.Galaxy intends to use the proceeds from the investment for general corporate purposes...
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Virginia
Real estate firm Penzance announced it has secured construction financing and broken ground on Chantilly Premier, a 100 percent leased powered shell located in Fairfax County, Northern Virginia."Penzance is excited to break ground on this project, which will deliver critical digital infrastruc...
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Google is spending $15 billion on new data centers and other digital infrastructure in the Indian state of Andhra Pradesh. The company will work with Indian firms AdaniConneX and Airtel to build an “AI hub” in the city of Visakhapatnam, on India's east coast.Thomas Kurian, CEO of Google Cloud,...
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United States
Nvidia has announced more than a dozen partners as it looks to prepare the data center industry for 800-volt DC power architectures and rack densities of 1MW.The GPU giant this week said it would unveil specs of the Vera Rubin NVL144 MGX-generation open architecture rack servers.“Moving to 800...
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Oracle
Oracle Cloud Infrastructure (OCI) is planning to launch a cluster of AMD Instinct MI450 Series GPUs with as many as 50,000 GPUs. The MI450 GPU will be based on the CDNA 5 architecture and made using TSMC's 2nm fabrication technology. Each GPU offers up to 432 GB of HBM4 and 20 TBps of memory b...
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United States
QTS Starts Preparation for $13bn UK data centerQTS has begun site work on a massive data center project in Northumberland, UK, which could see an investment of up to £10 billion ($13.2bn) across 10 facilities if fully built out, after initially being pitched as a 1.1GW projectGoogle to Invest ...
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Related Digital
Related Digital has broken ground on a $1.2 billion data center campus in Cheyenne, Wyoming, which will host AI infrastructure for CoreWeave. The 115-acre campus will be located on land on Cheyenne Business Parkway, and could eventually offer up to 302MW of capacity. As anchor tenant, CoreWeav...
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Google has committed to investing an additional €5bn ($5.8bn) in cloud and AI infrastructure in Belgium over the next two years. The investment will go towards expanding the company's data center campuses in Saint-Ghislain and aims to add a further 300 full-time jobs.“With today’s announcement...
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