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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Keel Infrastructure
Digital and energy infrastructure provider Keel Infrastructure has completed a $458 million convertible senior notes offering, allocating part of the proceeds toward its data center developments. The offering, consisting of 1.250% convertible senior notes due 2032, closed on June 9. Initial purch...
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ST Telemedia Global Data Centres (STT GDC)
Asia-Pacific data center operator ST Telemedia Global Data Centres (STT GDC) is expanding its Jakarta campus with a series of new developments in Indonesia. The company has launched STT Jakarta 2, completed the topping-out of STT Jakarta 3, and broken ground on STT Jakarta 5 and STT Jakarta 6. Co...
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Sentinel Data Centers
Sentinel Data Centers has reportedly abandoned plans to develop a data center at a former paper mill site in Jay, Maine. The decision was first reported by the Sun Journal.JGT2 Redevelopment, which had planned to partner with Sentinel on the $550 million project, told Jay officials that the data ...
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Meta
Meta and Reliance are partnering to develop a 168MW data center in Jamnagar, Gujarat, India. Reliance will build the facility, which Meta will lease to run AI workloads. The project may be expanded in the future, though no launch timeline has been disclosed. Meta will cover power and water costs,...
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OpenAI
OpenAI is in advanced talks to lease a proposed 10GW data center in Ohio being developed by SB Energy on US Department of Energy land at the Portsmouth Site in Pike County. The project, backed by SoftBank Group, could be built in phases starting with an 800MW first stage expected in 2028, with fu...
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Switch
Data center firm Switch has increased its available debt capacity to $9.5 billion. The company now has access to a more than $6 billion corporate revolving credit facility, alongside an expanded $3.5 billion syndicated uncommitted performance letter of credit facility (LCF). In April, Switch repo...
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Crusoe
Crusoe has paused development of Project Jade, a planned 1.8GW data center campus in Cheyenne, Wyoming that was announced last year and designed to potentially scale up to 10GW. The project was being developed in partnership with Blackstone-backed energy company Tallgrass. Crusoe said it has paus...
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Ark Data Centres (UK)
UK data center firm Ark is expanding its Longcross Park campus in Surrey to support AI cloud provider Nebius. The company has committed £807 million ($1bn) to the site, where Nebius will lease the entire existing facility. Expansion plans include vertical upgrades to current buildings, a new 36MW...
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Cipher Digital
Cryptominer-turned-HPC developer Cipher Digital is planning to raise $810 million through senior secured notes due in 2031. Most of the proceeds will fund the remaining costs of its 100MW Stingray data center project in West Texas, with about $63.6 million earmarked to reimburse prior equity cont...
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Keppel Data Center REIT
Singapore-based real estate investor Keppel will develop a 60MW greenfield data center in Ansan, near Seoul, marking its entry into South Korea’s data center market. The project will be developed through Keppel Data Centre Fund III (KDCF III), which has acquired a majority stake in the vehicle th...
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Microsoft Azure
Microsoft has acquired 190 hectares (469.5 acres) of land in Finland's GigaVaasa industrial zone for a potential data center project. The site spans the municipalities of Vaasa and Mustasaari on the country's west coast and was selected for its existing industrial infrastructure. “We are pleased ...
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Polar DC Secures €800 Million for Norway Data Center Project Nordic AI data center developer Polar DC has raised €800 million ($932.2 million) for the development of its Norway data center project in a transaction representing a “new record” in terms of deal size in the Nordic market. Brookfield...
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Google has entered into an agreement with SpaceX to secure large-scale computing capacity. According to a regulatory filing submitted by SpaceX on June 5, Google will lease roughly 110,000 GPUs, CPUs, memory modules, and related infrastructure for approximately $920 million per month. The contrac...
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Digital Edge DC
Digital Edge is expanding in South Korea with the acquisition of a powered land parcel in Ansan, near Seoul. Backed by a 90MVA power agreement, the site will host SEL5, a planned 60MW data center. The facility will feature dual-feed power from two independent 154kV substations and support high-de...
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Hyperscale Data, Inc.
A hyperscale data center is planned for a site in Buckinghamshire, UK, currently used for the Denham Giant Car Boot Sale near Denham village. Developer Mulberry Commercial Developments II proposes two data center buildings on land on either side of Denham Court Drive. The greenbelt site, located ...
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CyrusOne
CyrusOne has begun construction on a new data center campus in Texas, breaking ground last week in Freestone County, about 90 miles (144 km) south of Dallas. Full details of the planned development have not yet been disclosed. CyrusOne has partnered with Constellation on a 380MW agreement to powe...
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Corscale
CorScale is set to advance its first UK project. The company has appointed McLaren Construction and Phoenix ME to begin predevelopment work on a data center in Iver, Buckinghamshire. The 14-acre Court Lane site could deliver up to 140MW across two multi-story buildings, with plans dating back to ...
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Edge Centres
Edged Energy has topped out its latest facility at its Chicago, Illinois campus. The company said it has completed structural work on its second building at the site at 2835 Bilter Road in Aurora. The ORD01-2 data center is fully pre-leased, will deliver 72MW of capacity, and is scheduled to go l...
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Digital Realty Trust
Digital Realty is planning a new data center in Seattle, Washington, as the city considers a moratorium on new developments. According to BizJournal and other reports, the company has filed plans with the Seattle City Council to replace the existing retail building and parking garage at 301 Virgi...
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Compass Datacenters
Compass Datacenters is seeking to ease opposition to its data center plans by proposing a $15 million contribution toward a new animal shelter in Red Oak, Ellis County, Texas. A June 2 statement said Ellis County and Compass Datacenters have announced a proposed $15 million grant agreement to fun...
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