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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Nordic investment firm Areim this week announced it has completed an additional capital raise for its Nordic data center fund, Areim DC Fund, bringing the total raised capital to €900 million ($961m).AI infrastructure company Nebius has announced plans to build a 300MW data center in New Jerse...
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Saigon Asset Management (SAM) has announced plans for the SAM DigitalHub, outside of Hanoi, Vietnam. The campus is located at the Vietnam Singapore Industrial Park (VSIP), a joint venture between Vietnam’s Becamex IDC Corporation and a Singaporean consortium led by Sembcorp Development. “The t...
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Microsoft has committed to investing ZAR 5.4 billion ($298.6m) in cloud and AI infrastructure in South Africa by 2027. Microsoft has already invested ZAR 20.4 billion in infrastructure in South Africa over the past three years to establish data centers in Johannesburg and Cape Town.South Afric...
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Prophet River FN, an independent Dene Tsaa Nation, has signed a deal with VC firm ABCT Pacific, which will see the pair work together to develop the data center near Fort St. John, a city in Northeast BC.Valerie Askoty, Prophet River FN chief, described the project as a “unique and forward-loo...
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AI infrastructure company Nebius has announced plans to build a 300MW data center in New Jersey. The facility will be completed in phases, with the first due to be delivered by summer 2025.In a statement, Nebius said the new Icelandic deployment would be powered by geothermal energy to reduce ...
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Crypto and HPC data center provider Soluna has finalized the purchase of 60 acres of land in Texas for the construction of its new 187MW data center, which will be allocated to Bitcoin mining and intensive AI computing tasks. The site is colocated with a 240MW wind farm, allowing the firm to h...
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Nordic investment firm Areim this week announced it has completed an additional capital raise for its Nordic data center fund, Areim DC Fund, bringing the total raised capital to €900 million ($961m).The investment firm said the capital raise was “significantly oversubscribed,” adding both Nor...
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US data center firm Novva has secured financing for the next phase of its campus outside Salt Lake City, Utah which will allow Novva to complete the second and third phases of construction of its 100-acre data center campus - adding two buildings and 144MW.“Our Salt Lake City center is the fir...
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GE Vernova has signed a deal to provide power equipment to four Amazon Web Services (AWS) data centers in North America, Europe, and Asia. GE Vernova will provide AWS with turnkey substation solutions to enable the connectivity of AWS data centers to the grid. This includes expanding major ele...
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BSO’s new data center unit, DataOne, is expanding into the US and developing a data center for European cloud firm Nebius to be located in Vineland, Cumberland County. DataOne said it will be delivering the first phase of the new facility in 20 weeks. The site will be powered at least in part ...
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US chipmaker Onsemi has proposed an acquisition of Allegro MicroSystems for $35.10 per share in cash. The company has made “numerous attempts over the past six months to enter into constructive discussions regarding a potential transaction,” with its most recent proposal representing an increa...
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Microsoft announced a strategic partnership with the Government of Kuwait on March 6, that will see it develop an "AI powered" Azure region in the country. The cloud region will offer "advanced infrastructure" and is hoped to attract global businesses and researchers, and to help accelerate di...
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Data center firm Edged this week announced a new data center in Ankeny in Polk County, to the north of Des Moines, located on 17.5 acres at 2701 Southeast 90th Street, The site will house an approximately 105,000-square-foot (9,755 sqm) facility known as Edged Des Moines and will offer 13.2MW ...
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Dallas-based Stream US is proposing to build a large data center at the Science, Technology & Advanced Manufacturing Park (STAMP) in Genesee County, New York. The proposed facility is a 900,000 sq ft (83,600 sqm) facility, with around 250MW of capacity, including a 600MW substation, as sha...
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Totem CEO Nicolas Roy has announced on his LinkedIn that he will step aside to lead Orange Group's data center strategy and business development unit. Roy has been CEO of Totem, Orange's tower-focused subsidiary, since the division launched in October 2021."Accessing, storing, and processing ...
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Canadian midstream gas company Pembina Pipeline Corporation (PBA) and Kineticor Asset Management, a Canadian power generation firm, have formed a joint venture (JV) to develop a natural gas power plant in Alberta, Canada, to serve the data center sector. will co-develop the Greenlight Electric...
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Salesforce has signed a $2.5 billion seven-year contract with Google Cloud which will enable its customers to run their customer-management software, Agentforce autonomous AI assistants, and Data Cloud products on Google Cloud.Google Cloud's CEO Thomas Kurian told Bloomberg that the two compan...
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Teraco, Digital Realty's African arm, has signed a Power Purchase Agreement (PPA) with NOA, a South African integrated energy aggregator, to supply renewable energy from multiple wind projects to Teraco’s facilities through a wheeling arrangement.“The conclusion of this PPA supports our sustai...
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Principal Asset Management, the investment management unit of Principal Financial Group, this week announced it has reached the final investor close for its Principal Data Center Growth & Income Fund. The new fund, dedicated to the development of a portfolio of hyperscale data center proje...
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NTT Data has signed a partnership with the Holy See (Vatican) to support its activities in Japan. Both companies will be expanding their existing relationship to "identify opportunities for future collaboration.""NTT Data is our technology partner in Japan. We appreciate their support for our ...
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