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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed...

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition to d...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Read Telenor to sell salellite business to Space Norway for $217.1 million
Telenor to sell salellite business to Space Norway for $217.1 million
November 18, 2023

Telenor to sell salellite business to Space Norway for $217.1 million

Telenor Group

State-majority-owned Telenor has agreed to sell its subsidiary Telenor Satellite to state-owned Space Norway for NOK 2.36 billion ($217.1m). To finance this acquisition, Norwegian Minister of Trade and Industry, Jan Christian Vestre said the government will propose to the Parliament that Space...

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Read Court approves Cyxtera sale to Brookfield
Court approves Cyxtera sale to Brookfield
November 18, 2023

Court approves Cyxtera sale to Brookfield

Cyxtera Technologies

The US Bankruptcy Court for the District of New Jersey this week approved the sale of substantially all of the Cyxtera assets to Brookfield Infrastructure Partners for $775 million. Both companies expect this deal to be finalized by the first quarter of 2024. Nelson Fonseca, Cyxtera CEO said, ...

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Read EcoDataCenter raised €170 million in debt financing
EcoDataCenter raised €170 million in debt financing
November 17, 2023

EcoDataCenter raised €170 million in debt financing

EcoDataCenter (EcoDC AB)

Swedish data center firm EcoDataCenter has raised €170 million ($184.3m) in debt financing from a consortium of banks comprising KfW IPEX and Kommunalkredit as global coordinators and mandated lead arrangers, and Investec and NIBC as mandated lead arrangers. This fund will be used to “enhance ...

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Read Fibra Medios Telecom unveils new data center in Murcia, Spain
Fibra Medios Telecom unveils new data center in Murcia, Spain
November 17, 2023

Fibra Medios Telecom unveils new data center in Murcia, Spain

Spain

Fibra Medios Telecom announced the launch of a new data center facility in Murcia, Spain, this week. This new facility known as the CPD Titan facility spans across 1,400 square meters and can host up to 120 cabinets across nine data rooms. This new facility also features two fiber entry vaults...

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Read Data Clean Corp acquires data center cleaning business Sealco
Data Clean Corp acquires data center cleaning business Sealco
November 17, 2023

Data Clean Corp acquires data center cleaning business Sealco

Texas

Data Clean Corporation has acquired Texas-based critical environment cleaning company Sealco LLC, marking its second acquisition since it was bought by Angeles Equity Partners in November 2022. Frank Spelman, managing director at Angeles Equity Partners said, “Sealco is arguably one of the mos...

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Read Digital Edge secures $335m green loan for Seoul project
Digital Edge secures $335m green loan for Seoul project
November 16, 2023

Digital Edge secures $335m green loan for Seoul project

Digital Edge DC

APAC-focused operator Digital Edge has secured its first green loan worth $335 million to support the first phase of the previously announced 100MW data center project in Seoul (SEL2), South Korea. Once completed, the SEL2 will be the largest commercial data center project in South Korea, and ...

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Read CyrusOne completes its first data center in Spain
CyrusOne completes its first data center in Spain
November 16, 2023

CyrusOne completes its first data center in Spain

CyrusOne

Colocation company CyrusOne recently completed the shell and core of its first data center in Spain and threw a traditional flag-flying ceremony to celebrate it. The MAD1 facility, situated on a five-acre site, is a two-story facility with an IT capacity of 18MW across 6,000 square meters. Thi...

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Read DataBank plans 192MW data center facility in Virginia
DataBank plans 192MW data center facility in Virginia
November 16, 2023

DataBank plans 192MW data center facility in Virginia

DataBank

DataBank announced it has acquired 85 acres of land in Culpeper, Virginia, to construct a new data center campus, which will host up to three two-story data centers offering 1.4 million square feet of space. The new facility will use DataBank’s recently announced Universal Data Hall Design (UD...

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Read Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia
Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia
November 16, 2023

Digital Realty and Realty Income Corporation form a data center JV in Northern Virginia

Digital Realty Trust

Digital Realty and Realty Income Corporation established a joint data center venture in Northern Virginia. Following their agreement, the real estate investment firm invested $200 million and will get an 80 percent equity interest in two data centers currently under construction in Northern Vi...

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Read Xavier Niel acquires 6% stake in Belgian telco Proximus
Xavier Niel acquires 6% stake in Belgian telco Proximus
November 15, 2023

Xavier Niel acquires 6% stake in Belgian telco Proximus

Belgium

Xavier Niel, the founder of French telecoms company Iliad, has acquired a six percent stake in Belgian telco Proximus through his holding company Carraun.The Belgian government has a majority stake of 53.51% in this telco, while the company holds 4.59 percent of its share capital. Niel said, "...

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Read CyrusOne files to invest $15m in new San Antonio data center
CyrusOne files to invest $15m in new San Antonio data center
November 15, 2023

CyrusOne files to invest $15m in new San Antonio data center

CyrusOne

Colocation company CyrusOne has filed with the Texas Department of Licensing and Regulation to build a new data center for the 'CyrusOne SAT 8 & 9' project in San Antonio, Texas. The application notes that the company intends to invest $15 million in building a two-story data center and of...

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Read American Tower enters partnership with MTN Nigeria
American Tower enters partnership with MTN Nigeria
November 15, 2023

American Tower enters partnership with MTN Nigeria

American Tower Corporation

American Tower's African subsidiary, ATC Africa, recently signed a communication agreement with MTN Nigeria focused on 'driving sustainable networks.' Following this agreement, ATC Africa will facilitate new tenancies for MTN Nigeria over a multi-year period, starting in the second half of nex...

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Read Microsoft announces two in-house designed semiconductors
Microsoft announces two in-house designed semiconductors
November 15, 2023

Microsoft announces two in-house designed semiconductors

Microsoft Azure

Microsoft has recently announced it is working on two in-house designed semiconductors. One is an Arm CPU called the Microsoft Azure Cobalt CPU, designed for general workloads, focusing on performance per watt and a dedicated AI accelerator. The other is the Microsoft Azure Maia AI Accelerator...

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Read Exa Infrastructure names Nick Read as interim CEO
Exa Infrastructure names Nick Read as interim CEO
November 14, 2023

Exa Infrastructure names Nick Read as interim CEO

EXA Infrastructure

Exa Infrastructure recently announced that former Vodafone chief executive Nick Read will lead the business with immediate effect. Read, appointed as chairman of Exa Infrastructure in June, will replace Martijn Blanken as chief executive on an interim basis. As part of the transition, Blanket ...

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Read Google to launch new cloud region in Saudi Arabia
Google to launch new cloud region in Saudi Arabia
November 14, 2023

Google to launch new cloud region in Saudi Arabia

Google

Google recently announced that it will be launching its Saudi Arabian cloud region this week. Anthony Cirot, Google Cloud’s EMEA South VP, posted on LinkedIn, “I'm thrilled to share an exciting milestone in Google Cloud's journey: the launch of our new cloud region in Saudi Arabia. This marks ...

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Read Teraco announces 30MW expansion of Brackenfell facility
Teraco announces 30MW expansion of Brackenfell facility
November 14, 2023

Teraco announces 30MW expansion of Brackenfell facility

Teraco Data Environments

Teraco has announced a 30MW expansion of its CT2 campus in Brackenfell as the second construction phase begins. The new capacity of this facility is scheduled to be available in the first quarter of 2025.  The Digital Realty-owned company completed the first phase of CT2 at the Brackenfell cam...

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Read CapitaLand India Trust secures $155m loan for data center development
CapitaLand India Trust secures $155m loan for data center development
November 14, 2023

CapitaLand India Trust secures $155m loan for data center development

India / Bhārata

Singapore's CapitaLand India Trust (CLINT) has secured a Rs 1,300 crore ($155.9m) five-year construction loan to develop its data center facility in Navi Mumbai. India. This fund, secured by J.P. Morgan India, will be used to finance the first phase of construction of the data center. Sanjeev ...

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Read Nvidia launches H200 GPU, its latest high-end GPU
Nvidia launches H200 GPU, its latest high-end GPU
November 13, 2023

Nvidia launches H200 GPU, its latest high-end GPU

United States

Nvidia has launched H200, its latest high-end GPU for training AI models. This new GPU, identical to the H100, has significant improvements as it features 41GB of HBM3e and a 4.8TBps memory bandwidth compared to the H100's 80GB of HBM3 and 3.5TBps of memory bandwidth. Ian Buck, vice president ...

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Read Liberty Latin America to sell telecom towers to PTI for $407m
Liberty Latin America to sell telecom towers to PTI for $407m
November 13, 2023

Liberty Latin America to sell telecom towers to PTI for $407m

France

Liberty Latin America (LLA) recently agreed to sell about 1,300 telecom towers to Phoenix Tower International (PTI) for $407 million. Tower sites to be monetized in this transaction include towers in locations across Panama, Jamaica, the Bahamas, Puerto Rico, Barbados, and the British Virgin I...

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Read Digicel to deactivate 2G network in Trinidad and Tobago next year
Digicel to deactivate 2G network in Trinidad and Tobago next year
November 13, 2023

Digicel to deactivate 2G network in Trinidad and Tobago next year

South America

Digicel has confirmed its plans to deactivate its 2G network in Trinidad and Tobago on March 31, 2024, as it intends to focus strictly on its 3G, 4G, and 4G LTE services. Operators have also reportedly designed technical solutions to eliminate 2G and 3G-only devices. Reyanne Sobers, general ma...

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