November 15, 2025 United States
US data center firm Flexential has completed an $800 million asset-backed securities (ABS) offering to support its growth and investment strategy. Proceeds will be used to repay a portion of Flexential's outstanding ABS debt and support the company's long-term financing strategy. "Completing this...
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November 15, 2025 South Carolina
US data center operator DartPoints this week announced a $125 million expansion of its Greenville County facility, increasing its capacity from 2.5MW to 12.5MW, and adding 88,000 square feet (8,175 sqm) of high-density space.“This project builds on DartPoints’ collaboration with state and local...
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November 13, 2025 Michigan
UK data center firm Deep Green has officially announced plans to expand into the US with the development of a $120 million, 24MW data center in Lansing, Michigan.“Our mission is to accelerate the decarbonization of heat for the benefit of people and the planet,” said Mark Lee, chief executive...
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November 13, 2025 United States
Trillium Technologies has had a $300 million fully collateralized private placement debt approved for the development and monetization of compute credits for the Archeo Futurus cloud platform.Proceeds will be used to expand Archeo's infrastructure. Archeo was developed in collaboration with AMD...
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November 10, 2025 United States
Omnia Joins TikTok's $9bn Data Center Project in Brazil mnia, the data center company owned by Brazilian investment fund Pátria, is to develop a data center in Brazil, with an estimated investment of 50 billion reais ($9.4bn), which will exclusively serve TikTok, making it the largest data center...
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November 07, 2025 United States
Harmoni Towers has completed the closing of its inaugural $620 million private placement financing. According to Harmoni, the financing is backed by more than 1,700 high-quality macro tower sites underpinned by master lease agreements with major US wireless carriers."This inaugural financing...
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November 06, 2025 New Mexico
New Era Energy & Digital has signed a land option purchase agreement for around 3,500 acres in Lea County, New Mexico, with plans to develop an up to 7GW AI data center campus powered by natural gas and nuclear energy.According to New Era, the Lea County location was selected due to its...
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November 04, 2025 United States
Vertiv plans to acquire Purge Rite Intermediate, LLC, (PurgeRite) for $1 billion in cash plus up to $250 million based on achieving certain 2026 performance metrics. The deal represents approximately 10x expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA)...
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November 04, 2025 Arizona
Real estate firm Lincoln has re-acquired a data center in Phoenix, Arizona at 2500 W. Frye Road in Chandler. Located on 14.5 acres, the 191,000-sq ft (17,740 sqm), 28MW facility features four data center halls, one of which is fully leased to a Fortune 500 enterprise user.“We are grateful to the...
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October 31, 2025 California
Californian utility company Pacific Gas & Electric (PG&E) has seen its data center pipeline fall by 400MW compared to June, reporting 9.6GW of projects seeking a connection. While the utility saw a decline in early-stage data center projects in its pipeline, it reported that 18 projects...
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October 31, 2025 Texas
Meta has signed a Power Purchase Agreement (PPA) with Engie North America for 600MW of solar power from Engie’s new Swenson Ranch Solar project in Stonewall County, southeast of Lubbock, Texas. The entire capacity of the 600MW project will be supplied to Meta under the agreement. "We are excited...
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October 30, 2025 United States
Cryptomine firm CleanSpark and immersion cooling provider Submer are working together on an “infrastructure platform that integrates power generation, data center development, and AI-service delivery.” Under the partnership, CleanSpark aims to focus on selecting, developing, building, and...
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October 29, 2025 United States
Introduction: The New Foundations of Power About a century ago, national strength was measured by oil fields, steel production, and military strength. Times have changed, and so have the people and the metrics for national strength. Being in the computer age, national strength is measured in...
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October 29, 2025 Louisiana
Meta has signed two Power Purchase Agreements (PPA) with US-based independent power producer Treaty Oak Clean Energy in Louisiana tied to two solar projects in Morehouse Parish and Sabine Parish, which have a combined capacity of 385MW.The Beekman Solar project in Morehouse Parish will deliver...
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October 29, 2025 United States
US natural gas and petrochemicals firm ProPetro has signed a power supply contract with an unnamed hyperscale data center operator to supply 60MW of hybridized power at a Midwest location in the US. The deal will see ProPetro supply the data center company with power generated through a hybrid...
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October 29, 2025 United States
Edge infrastructure firm Armada and Houston-based hydrogen developer Eclipse Energy have partnered to integrate clean hydrogen production with modular data center deployments. The agreement aims to develop scalable, off-grid computing infrastructure powered by low-carbon energy sources.“The...
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October 28, 2025 Pennsylvania
US data center operator TierPoint this week announced the completion of a new $240 million asset-backed securities (ABS) issuance and the acquisition of its largest, formerly leased data center in Pennsylvania, along with the campus on which that data center is located.TierPoint has started a...
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October 27, 2025 United States
BGO Secures $260m for US Data Center Development Real estate investment firm BentallGreenOak announced the successful close of its data center co-investment fundraise, totaling approximately $260m, and is also in advanced stages of securing up to 800MW of power capacity to enable the construction...
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October 27, 2025 United States
ON.energy has launched a new medium-voltage uninterruptible power supply (UPS) system designed specifically for AI data centers with claims that it is the first UPS to be purpose-built to handle the unique power demands of large-scale AI compute facilities.“AI UPS is the new standard for how to...
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October 25, 2025 United States
AI chip design startup ChipAgents has raised $21 million in an oversubscribed Series A funding round, seeing participation from Bessemer Venture Partners, Micron, MediaTek, and Ericsson, in addition to unnamed semiconductor companies.In addition to closing the funding round, ChipAgents has also...
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