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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Finland
APAC data center firm DayOne this week announced plans to develop a campus in Lahti, some 100km northeast of Helsinki. The €1.2 billion ($1.4bn) project will be located in a former industrial site in Kiveriö. At full build-out, the project could total 128MW IT load."Finland is an ideal strateg...
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United Arab Emirates (UAE)
Northern Data and Core42, a G42 company, have signed an agreement to establish sovereign European AI cloud capacity. Under the partnership, Core42 will have access to up to 10,000 GPUs from Northern Data's Taiga Cloud business.Aroosh Thillainathan, Northern Data Group founder and CEO, said of ...
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Equinix
US data center giant Equinix has expanded its commitment to nuclear energy, announcing three major agreements with advanced nuclear developers that together could provide up to 774MWe of power.The first deal was with Radiant, a microreactor company based in El Segundo, California. As part of t...
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New York
Cryptomine and HPC data center firm TeraWulf this week announced two 10-year high-performance computing (HPC) colocation agreements with Fluidstack. TeraWulf will deliver more than 200MW of critical IT load (~250MW of gross capacity) at its Lake Mariner data center campus in New York. The deal...
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Sweden
EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden. The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA), imm...
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Canada
Canadian telecoms firm Rogers this week announced it has entered into a definitive agreement to acquire Rogers Communications’ data center business, on behalf of InfraRed’s value-add strategy. Rogers said it will continue to sell data center services on behalf of InfraRed and will provide netw...
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United States
Germany’s Aareal Bank is moving into providing financing to data center customers and has entered into its first financing transaction in the data center asset class in July 2025 with Goodman Group."Frankfurt is Europe's largest Internet node, with a data transfer rate of more than 18 terabits...
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DC BLOX
US data center firm DC Blox this week announced it has closed $1.15 billion in green loan financing for the construction of a data center campus in Douglas County, Georgia. The funds will support the development of a 120MW data center and include campus expansion to support an additional 80MW,...
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Abu Dhabi
Zero Two has invested in Evolution, taking a co-controlling position alongside Warburg Pincus. Terms of the deal were not shared, though reports from Mingtiandi puts the figure at $325 million.Darren Webb, CEO and co-founder of Evolution Data Centres, said: “We are absolutely delighted to welc...
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QTS Data Centers
QTS has officially announced plans for a new data center campus in Cedar Rapids, Iowa. The campus could support up to seven data center buildings at full build-out and see up to $10 billion invested.Tag Greason and David Robey, co-CEOs of QTS, said: “From day one, we believe in being a good ne...
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Microsoft Azure
Malaysian financial group Maybank has selected Microsoft Azure as one of its main cloud platforms in a five-year agreement. Valued at RM1 billion ($236.4m), the contract will see Maybank using Microsoft Azure for some of its "most strategic systems, functions, and data workloads."Dato’ Sri Kha...
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DigitalBridge
Data center investor DigitalBridge revealed it has more than 5.4GW of data center capacity in development or operation. The company, which holds stakes in data center and energy businesses through various funds, said that roughly half of that was currently built, and the other half is under co...
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Michigan
Michigan's Flagstar Bank has selected Mphasis for the setup and inauguration of its upcoming data center facility. Flagstar describes it as "world-class," adding that it will support the bank's critical infrastructure and future growth and will enable it to leverage "modern data center capabil...
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United States
Vermaland Plans $33bn Data Center in ArizonaLand developer Vermaland is planning a $33bn data center in Arizona dubbed the La Osa Project which would potentially be located in Pinal County on a 3,300-acre site and support up to 3GW of capacity, which would bring in more capacity than the entir...
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Australia
Australian data center operator CDC is planning a new campus outside Perth, Western Australia. The company aims to invest AU$415 million ($270.2m) in the first stage of the development in Maddington, 20 kilometres south-east of central Perth. The site will be operational in 2026.“In collaborat...
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South Africa
South African data center company Teraco has expanded its data center outside Johannesburg. The Digital Realty subsidiary said the 30MW addition makes JB4 the largest standalone data center in Africa, serving 50MW of critical IT power load. The firm also said it is the first time 5MW data hall...
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New Zealand
Kiwi telco Spark New Zealand this week announced it has entered into an agreement to sell a 75 percent interest in its data center business to Pacific Equity Partners (PEP). The transaction values the business at up to NZ$705 million (US$417.6m), with Spark receiving NZ$486m (US$288m) upon com...
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Amazon AWS
The US General Services Administration (GSA) has signed another discount deal with a cloud provider, Amazon which will see Amazon Web Services (AWS) providing the GSA with up to $1 billion in savings for cloud adoption, modernization, and training across US federal agencies through to the end ...
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United States
Investment giant Brookfield Asset Management is to launch a dedicated strategy to develop AI infrastructure as announced in its Q2 2025 letter from CEO Bruce Flatt and president Connor Teskey to investors."We are launching a dedicated strategy focused on the development of AI infrastructure—de...
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Core Scientific
Core Scientific's largest shareholder, Two Seas Capital LP, has announced its opposition to the $9bn acquisition proposed by CoreWeave. The alternative investment manager shared its dissatisfaction with the terms proposed on July 7, which would see AI cloud firm CoreWeave acquiring developer C...
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