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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Delaware
A new data center has been proposed in New Castle County, Newark, Delaware. The proposed data center would sit just off of Ogletown Road, on a 44-acre site currently occupied by the White Clay Center Industrial Park.The application describes consolidating the seven buildings of the campus into...
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Internet infrastructure provider Evocative has secured debt financing from a “large global investment firm” to further its growth driven by AI data center demand. The company said the new financing is in addition to continued equity support from its long-term partner, Crestline Investors.“This...
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United States
Element Critical this week announced the launch of a new US data center platform backed by 26North Partners, Arctos, Mercuria, and Safanad. Element said with backing from its investors, the new platform will "accelerate acquisitions, development, and strategic expansion across top US markets."...
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Virginia
Alternative investment manager Ares Management Corporation has expanded its data center platform Ada Infrastructure into the US, acquiring land in Virginia for a new campus.The Ares Digital Infrastructure business, through an Ares fund, has acquired a 314-acre site along the I-95 South data ce...
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Yondr this week announced that the second data center at its Loudoun County campus is ready for service. Yondr has completed the first 12MW of the new facility's 48MW capacity, with the remainder due to come online in 2026.Todd Sauer, VP design and construction for the Americas at Yondr Group,...
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Finland
Finnish data center FCDC is planning a new campus in western-central Finland. FDFC Corp Oy aims to develop a 66,000 sqm (710,420 sq ft) campus in GigaVaasa, located in the Laajametsä business area near the airport. Two data center buildings are planned."The data center project supports Vaasa's...
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New York
Chinese tech firm Token Cat and US-based Better Now have announced that they will collaborate to develop and operate an artificial intelligence data center in New York. The project will see a multi-phase roll-out to build a 30MW data center, with the company already having secured access to 12...
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Finland
Finnish telco Elisa has confirmed it will cut 357 jobs. The announcement comes after the company launched its transformation program in October, when the carrier hinted up to 450 jobs could be lost."As part of the transformation program, Elisa is streamlining its organization and optimizing it...
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DigitalBridge
SoftBank Group plans to acquire digital infrastructure investor DigitalBridge for $4 billion.DigitalBridge had around $108 billion of assets under management at the end of September, including AIMS, AtlasEdge, DataBank, Switch, Takanock, Vantage Data Centers, and Yondr Group. As of August, the...
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United States
AtlasEdge Sells Nine Data Centers Across Europe to Spanish Operator TemplusEuropean Edge data center company AtlasEdge has sold a portfolio of facilities to Spanish operator Templus. The companies announced the deal this week, with nine data centers trading hands. Google to Buy Intersect Power...
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United States
Few places on Earth are as quietly vital as a data center. From the outside, most look like simple warehouses: broad, windowless, and often isolated. However, data centers house some of the most complex environments ever engineered over centuries. Vast rooms filled with servers hum continuousl...
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Microsoft has signed a carbon removal deal with Brazilian enhanced rock weathering (ERW) firm InPlanet for more than 28,500 tons of carbon credits. Microsoft has signed a carbon removal deal with Brazilian enhanced rock weathering (ERW) firm InPlanet for more than 28,500 tons of carbon credits...
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Google-backed nuclear fusion company TAE Technologies has merged with President Donald Trump's social media firm, Trump Media & Technology Group (TMTG), in a $6 billion deal.The new company is expected to encompass several businesses, including Truth Social, TAE Power Solutions, and TAE Li...
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Sweden
Swedish small modular reactor (SMR) start-up Blykalla has closed a $50 million (€42m) financing round to accelerate development of its lead-cooled SMR, with a focus on meeting growing demand from the data center sector.Blykalla said that it will use the capital to scale testing and validation ...
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Malaysia
Malaysian renewable energy developer VCI Energy has partnered with DPS Energy to develop a up to 250MW solar project to power AI data centers in Malaysia. According to the partners, the project is structured as an infrastructure-grade renewable energy platform capable of supporting up to 250MW...
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Data center developer EdgeMode has secured firm power supply for its planned AI data center platform in Spain. The platform, which is being developed as part of a joint venture with Blackberry Alternative Investment Fund (BAIF), comprises five campus-style data center projects, each designed f...
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U.S. AI data center developer Jet.AI has signed a joint venture (JV) agreement with infrastructure construction firm Choo Choo Express (CCE) to develop a data center campus in Moapa, Clark County, Nevada.According to the partners, the campus is situated adjacent to a remediated coal-fired powe...
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Texas
New Era Energy & Digital has signed a binding agreement to acquire Sharon AI’s 50 percent stake in Texas Critical Data Centers (TCDC), a joint venture between the two companies, which is developing an AI data center in Ector County, Texas.New Era Energy & Digital will pay SharonAI an a...
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US law firm Robbins Geller Rudman & Dowd is investigating Fermi America, the developer of the up to 11GW mega data center campus in Amarillo, Texas. The law firm said that it is investigating the company over potential violations of federal securities laws following the collapse of an anch...
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Texas
New Era Energy & Digital has signed a binding agreement to acquire Sharon AI’s 50 percent stake in Texas Critical Data Centers (TCDC), a joint venture between the two companies, which is developing an AI data center in Ector County, Texas.New Era Energy & Digital will pay SharonAI an a...
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