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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).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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Direct-to-device satellite firm Skylo has secured $30 million in funding round led by NGP Capital, with participation from Westly Group and existing investors including Intel Capital, BMW i Ventures, Samsung Catalyst Fund, and Next47.Parthsarathi Trivedi, CEO and co-founder of Skylo, said: “Sk...
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Amazon Web Services (AWS) has launched new Outpost offerings including racks and servers designed for telecommunications customers. These racks have been designed for high throughput, network-intensive workloads, and AWS Outposts servers designed for Cloud Radio Access Network (RAN) workloads....
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Lumen Orbit, the startup aiming to deploy data centers in space, has recently announced a name change, rebranding to Starcloud and has secured a further $10m to fund its plans. The additional funding comes from previous seed investors and several new venture capital firms in the form of a simp...
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Rowan Digital Infrastructure this week announced it closed a $1.24 billion of construction financing to build the second phase of its flagship hyperscale data center campus at TPG's Quantum Frederick site in Maryland.Crypto firm DMG Blockchain Solutions Inc. this week announced it has signed a...
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Amazon Web Services (AWS) has launched new Outpost offerings including racks and servers designed for telecommunications customers. These racks have been designed for high throughput, network-intensive workloads, and AWS Outposts servers designed for Cloud Radio Access Network (RAN) workloads....
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Colt Data Centre Services (Colt DCS) this week announced the launch of its latest hyperscale data center, Inzai 4. Colt launched its first Inzai data center back in 2011. This expansion is the second site developed under the joint venture between Fidelity Investments and Mitsui & Co., Ltd....
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