Data Center News

EdgeCore Secures $235 Million in ABS Financing

US data center firm EdgeCore Digital Infrastructure this week announced the completion of an asset-backed securitization (ABS), totaling $235 million. Proceeds will be used to refinance construction loans and fund future green data center development."EdgeCore's rapid, exponential growth conti...

July 25, 2025

United States

Proposed Data Center Scaled Down in San Francisco, California

The Guadalupe Quarry Redevelopment Project propose in San Francisco, California, has been scaled down amid environmental concerns. The site is located south of San Francisco in the city of Brisbane and the company seeks to construct a 180,000 sq ft (17,000 sqm) data center and an industrial bu...

July 25, 2025

California

Edge Data Center Firm Armada Raises $131m

Containerized Edge data center company Armada has raised $131 million from investors and launched a new megawatt-scale product. The new funding round includes new investors Pinegrove Veriten and Glade Brook, as well as participation from existing investors such as Founders Fund, Lux Capital, S...

July 25, 2025

United States

Crusoe Plans 1.8GW Facility in Wyoming

Crusoe this week announced a strategic partnership with Tallgrass to develop a 1.8GW AI data center campus located in southeast Wyoming. Designed to scale up to 10GW, the campus will integrate multiple energy sources fueled by natural gas and future renewable energy developments in the region....

July 25, 2025

Wyoming

Menlo Equities Launches Dedicated Data Center Platform

US private real estate investment and development firm Menlo Equities is doubling down on data centers with a new dedicated platform - Menlo Digital, focused on the acquisition, development, and operation of data centers.Rick Holmstrom, Menlo Equities' founder and executive chairman, said: "We...

July 24, 2025

United States

Anthropic to Seek Gulf state Investments

Anthropic will seek Gulf state investments, according to a leaked memo from CEO Dario Amodei.The leaked Slack message sent by Amodei to company staff on July 20 stated: “There is a truly giant amount of capital in the Middle East, easily $100B or more. If we want to stay on the frontier, we ga...

July 23, 2025

United States

Vertiv Acquires Great Lakes for $200 Million

Vertiv has acquired the Great Lakes Data Racks & Cabinets family of companies, a maker of server racks for $200 million. Vertiv said the acquisition is expected to enhance its capacity to deliver pre-engineered, AI-ready rack solutions optimized for the enterprise, Edge, colocation, and hy...

July 22, 2025

United States

Krohne Increases Production of Magnetic Flow Meters

Krohne, the manufacturer of instrumentation and measurement tools, is expanding its production for the data center market and will be developing more magnetic flow meters (magmeters) for data centers, "dedicating a significant portion of its annual production capacity to meet escalating demand...

July 22, 2025

United States

Oklo and Vertiv Partner on Nuclear Data Center Power

Small nuclear reactor developer Oklo and data center power and cooling firm Vertiv this week announced a collaboration agreement focused on the co-development of power and thermal management solutions tailored specifically for hyperscale and colocation data centers that will be deploying Oklo’...

July 22, 2025

United States

Top Data Center News from 15th- 20th July, 2025

Data center Firms Plan $90bn Investment in PennsylvaniaData center and energy firms have pledged to invest $90 billion in the US state of Pennsylvania to help build out its digital infrastructure following a summit attended by President Donald Trump. Vantage Announces 224MW Data Center Campus ...

July 21, 2025

United States

vCompute to Raise $350m for Operations Expansion

Virtual Compute Corporation (vCompute) has said it is looking to raise $350 million in growth capital to expand its data center operations. The planned expansion will increase hosting capacity and support demand for advanced AI and HPC infrastructure solutions."We're seeing exponential demand ...

July 21, 2025

United States

SunRocket Capital Funds $15m Solar and Storage Project in Illinois

US-based private lender SunRocket Capital has closed a $15 million financing package for a solar with battery storage project designed to provide power to the data center sector in Illinois.“SunRocket Capital is proud to facilitate the growth of renewable energy infrastructure that powers the ...

July 18, 2025

Illinois

W Denis Group Launches Division Focused on Insuring Data Centers

Insurance broker W Denis Group this week launched a new specialist division focused exclusively on insuring data centers and their integrated power generation infrastructure. The broker said the new unit will deliver “comprehensive, competitively priced solutions backed by multi-billion capaci...

July 17, 2025

United States

TierPoint Secures $250 Million Financing

US colo company TierPoint this week said its parent company had closed a $250 million term loan, a portion of which is a delayed draw term loan which complements TierPoint’s asset-backed securitization (ABS) and variable funding notes (VFN) program.“Our ability to continue successfully access...

July 17, 2025

United States

Duos Edge AI to Deploy Two Edge Data Centers in Texas

Duos Edge AI is set to deploy two of its Edge data centers in Corpus Christi, Texas which will serve as “central communications hubs for carriers delivering services to mobile operators, enterprises, local education, healthcare, and digital economy sectors while driving growth across the local...

July 16, 2025

Texas

Data center Firms Plan $90bn Investment in Pennsylvania

Data center and energy firms have pledged to invest $90 billion in the US state of Pennsylvania to help build out its digital infrastructure following a summit attended by President Donald Trump. The first Pennsylvania Energy and Innovation Summit was held on Tuesday, with Trump and state sena...

July 16, 2025

Pennsylvania

Gigawatt-Scale Data Center Proposed in Pennyslyvania

A large data center campus is being proposed in Northeast Pennsylvania. 1778 Rich Pike LLC is aiming to develop a 1.5GW, 1,000-acre campus on either side of Interstate 380, just north of Clifton Beach Road. The project is known as the Gouldsboro Data Center in some documents.Each building woul...

July 15, 2025

Pennsylvania

Globalinx to Develop Data Center in Portsmouth, Virginia

Virginia data center firm Globalinx this week revealed plans to develop a backup data center in Portsmouth, a city some 20 miles west of its existing Virginia Beach site.Chris Mitchell, director of sales at Globalinx Datacenters, told the authority the company was building a data center within...

July 15, 2025

Virginia

Top Data Center News from 7th-12th of July, 2025

Yondr Completes 40MW Frankfurt Data CenterData center firm Yondr has announced that its 40MW data center in Bischofsheim which includes a solar photovoltaic (PV) installation on the roof, a green wall, and electric vehicle charging points, is now fully operational, just as it completes a resea...

July 14, 2025

United States

CoreWeave Plans $6bn Facility in Lancaster, Pennsylvania

AI cloud firm CoreWeave has revealed plans to invest up to $6 billion in developing a data center in Lancaster, Pennsylvania which will have an initial 100MW of IT capacity, though it will have the potential to scale up to 300MW, and will be "purpose-built" for AI use cases. Around 600 skilled...

July 14, 2025

Pennsylvania

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