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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
ODATA SA
According to Valor Economico, Patria Investments is mulling over the sale of its data center firm Odata. The report has it that the Brazilian asset manager is in advanced talks with investment banks and international merger & acquisition firms to determine who will handle the transactio...
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Cyxtera Technologies
According to Bloomberg, Cyxtera Technologies is mulling over a sale just a year after it went public. The report shows that the company is looking into different strategic options, which also include a potential sale. Cyxtera is also working with advisers to consider the best choice for the...
Read moreChina
Three Gorges Group has announced the completion of the Dongyuemiao data center project's first phase in Yichang, Hubei. The Chinese energy company revealed that the project's first phase cost RMB 845 million ($132.7m). The project has also been in development since February last year. This ...
Read moreItaly
The Rural Vivaistico Ornamentale District of Pistoia and The CNA Toscana Centro have proposed to develop a data center on a former waste management plant in Tuscany, Italy. Claudio Bettazi, CNA Toscana Centro’s President, said developing a data center in the locality through an excellent publi...
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MainOne MDX-i
MaineOne has announced the opening of its second facility in Lagos, Nigeria. The West African data center firm recently acquired by Equinix opened the Lekki II data center earlier in the week. MDXi, a subsidiary of MainOne, first announced it was developing the data center in October last y...
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TIM Group
Telecom Italia (TIM) has refused KKR access to its accounts in line with the latter’s due diligence request for a potential takeover. In November 2021, Telecom Italia was approached by KKR with a non-binding offer worth €10.8 billion ($11.8 billion). However, talks only started last month. Acc...
Read moreTokyo
Gaw Capital Partners has announced the acquisition of a building in Tokyo, Japan. The real estate private equity firm also plans to transform the building into a data center. The Fuchu Building it acquired is next to Meito Sangyo Building in Fuchu Intelligent Park. Gaw will demolish the 59,...
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Equinix
In its latest sustainability effort, Equinix has announced $1.2 billion of "green bonds," the fourth green bond the company has issued. Now the company's total green bonds stand at $4.9 billion. According to the company, the company will use these funds to push forward its sustainability initi...
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Argentina
Arsat has announced that it is investing $70 million to build a new HQ located at the Bariloche Technological Industrial Productive Park (PITBA). Alongside this announcement, the government-owned communications firm also said it will be developing a backup data center in Bariloche in the Patag...
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Japan
ESR Cayman has announced its plans to develop a new 20MW data center in West Tokyo, Japan. This comes following the company’s acquisition of a data center asset in Higashi Kurume, which spans 20,900 sqm (225,00 sqft). Looking ahead, the company has said that its new facility will be operation...
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United States
Tomorrow Water, a wastewater specialist, has announced that it has teamed with Samsung, Dohwa, and BNZ for a new sustainability initiative. This project will see the partners co-develop an architecture combining data centers with water treatment facilities. According to Tomorrow Water, pl...
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Netrality Properties
Netrality Data Centers has announced the acquisition of a facility in Indianapolis belonging to 365 Data Centers. The facility is located at 701 W Henry Street on the Indy Telcom campus. It offers 10,836 square feet of colocation space. The terms of the transaction were not revealed. Netra...
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QTS Dallas Fort Worth
According to BizJournal, QTS wants to expand its Dallas-Fort Worth facility in Texas. The company filed with the Texas Department of Licensing and Regulation to expand the data center campus located at 14100 Park Vista Blvd in Tarrant County. Per the first filing, the company is looking to ...
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Hong Kong
A Vantage-occupied facility in Hong Kong has been acquired by the Asia Pacific Cities Fund (APCF). The complex acquired is located at 43 Container Port Road. It is also a fully occupied data center with a 14MW capacity across 270,000 square feet of gross floor area. The deal was worth HK$2....
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Amazon AWS
Great news for AWS as the company has had its rezoning request in Culpeper County approved. The company requested 243 acres of farmland in the Northern Virginian town of Stevensburg, and the Board responsible for voting on the decision voted 4-3 in AWS’ favor. AWS plans to develop a data cente...
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Hudson Interxchange
Cordiant Digital Infrastructure has completed the acquisition of DataGryd. Cordiant also announced that it is renaming DataGryd to Hudson Interxchange. Earlier in January, Cordiant announced that it had entered into a definitive agreement to acquire specific assets constituting DataGryd Dat...
Read morePennsylvania
According to Biz Journal, BET Investments Inc. is buying Prudential Insurance Co.’s property located at 2101 Welsh Road. The 90-acre campus in Pennsylvania has three interconnected office buildings totaling 80,000 square meters (861,000 square feet). The office buildings house a Tier III ce...
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Bahrain
Bahrain recently announced its plans to establish the region's largest technology park, which will include the region's first data center to meet the needs of those in the Middle East and North Africa (MENA) region. This vision will come into fruition through STC Bahrain partnering with the Mi...
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Connecticut
Although it looked like a new data center would be on its way to Groton, Connecticut, last week, the Town Council decided to end negotiations with NE Edge LLC. This announcement came following the council's vote (five to one) to discontinue efforts to pursue a municipal host fee agreement with...
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NTT
NTT and Macquarie Asset Management are partnering up to invest in data centers. These firms announced that they had entered a strategic real estate partnership that covers NTT’s wholesale facilities across North America and Europe. The agreement will see Macquarie invest real estate capital...
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