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Data Centre Developer Sues New Jersey Town for $300m

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed...

Data centre developer Hexa Builders is seeking $300 million in damages from Monroe Township, New Jersey, after officials rejected its proposed 1 million sq ft data centre in May. The lawsuit, filed in New Jersey Superior Court, alleges the township council and planning board violated multiple constitutional rights, including zoning authority, fundamental fairness, and First and Fourteenth Amendment protections. Hexa argues the application was rejected because of the township’s opposition to d...

August 01, 2026

Posted by: Abdul-Rahman Oladimeji

New Jersey

Read Microsoft Signs 4.9 Million-tonne Carbon Removal Deal
Microsoft Signs 4.9 Million-tonne Carbon Removal Deal
July 24, 2025

Microsoft Signs 4.9 Million-tonne Carbon Removal Deal

Microsoft Azure

Microsoft has signed a 12-year carbon offtake agreement with Vaulted Deep that will see the removal of up to 4.9 million tonnes of carbon dioxide and enable Vaulted to expand its operations to new sites across the US."As carbon removal moves beyond pilots and prototypes, there is growing deman...

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Read Google Signs Long Duration Energy Storage Partnership
Google Signs Long Duration Energy Storage Partnership
July 24, 2025

Google Signs Long Duration Energy Storage Partnership

Google

Google has signed its first partnership with a long-duration energy storage (LDES) company, Energy Dome to support multiple commercial deployments worldwide to help scale the company’s CO2 battery technology.The company has developed a 20MW/200MWh battery, which it claims has a lifetime of mor...

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Read Menlo Equities Launches Dedicated Data Center Platform
Menlo Equities Launches Dedicated Data Center Platform
July 24, 2025

Menlo Equities Launches Dedicated Data Center Platform

United States

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...

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Read Scala Closes $328 Million Expansion Deal
Scala Closes $328 Million Expansion Deal
July 23, 2025

Scala Closes $328 Million Expansion Deal

Scala Data Centers

Scala Data Centers has successfully closed its first international project financing, securing $254 million in long-term financing for the construction of three hyperscale data centers and a critical power substation in Chile. The financing is set to fund the expansion of Scala's presence in t...

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Read Anthropic to Seek Gulf state Investments
Anthropic to Seek Gulf state Investments
July 23, 2025

Anthropic to Seek Gulf state Investments

United States

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...

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Read Activate Capital Invests in Xnrgy
Activate Capital Invests in Xnrgy
July 23, 2025

Activate Capital Invests in Xnrgy

North America

Venture capital firm Activate Capital this week announced a strategic investment in Xnergy Climate System, a North American manufacturer of air handling and liquid cooling technologies. This  investment will support Xnrgy's growth, expand its domestic manufacturing presence, and accelerate the...

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Read Oklo and Vertiv Partner on Nuclear Data Center Power
Oklo and Vertiv Partner on Nuclear Data Center Power
July 22, 2025

Oklo and Vertiv Partner on Nuclear Data Center Power

United States

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’...

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Read Krohne Increases Production of Magnetic Flow Meters
Krohne Increases Production of Magnetic Flow Meters
July 22, 2025

Krohne Increases Production of Magnetic Flow Meters

United States

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...

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Read Equinix to Pay $41.5m to Settle Malpractice Lawsuit
Equinix to Pay $41.5m to Settle Malpractice Lawsuit
July 22, 2025

Equinix to Pay $41.5m to Settle Malpractice Lawsuit

Equinix

Equinix has agreed to pay $41.5 million as a settlement with the plaintiffs in a class action that alleged it misled its shareholders. According to Hindenburg’s March 2024 report, Equinix overstated its adjusted funds from operations (AFFO), a key profitability metric for REITs.It claimed that...

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Read Vertiv Acquires Great Lakes for $200 Million
Vertiv Acquires Great Lakes for $200 Million
July 22, 2025

Vertiv Acquires Great Lakes for $200 Million

United States

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...

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Read vCompute to Raise $350m for Operations Expansion
vCompute to Raise $350m for Operations Expansion
July 21, 2025

vCompute to Raise $350m for Operations Expansion

United States

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 ...

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Read Top Data Center News from 15th- 20th July, 2025
Top Data Center News from 15th- 20th July, 2025
July 21, 2025

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

United States

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 ...

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Read Princeton Digital Group Receives $1.3bn from Stonepeak
Princeton Digital Group Receives $1.3bn from Stonepeak
July 19, 2025

Princeton Digital Group Receives $1.3bn from Stonepeak

Princeton Digital Group

Asia Pacific-focused data center operator Princeton Digital Group has raised $1.3 billion from Stonepeak following its $1.2 billion debt financing deal back in May.“This milestone investment from Stonepeak is a strong endorsement of PDG’s strategy, execution, and sustained value creation,” sai...

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Read Microsoft and CISPE Agree to New Commercial Terms
Microsoft and CISPE Agree to New Commercial Terms
July 19, 2025

Microsoft and CISPE Agree to New Commercial Terms

Microsoft Azure

Microsoft and Cloud Infrastructure Service Providers in Europe (CISPE) have made a commercial agreement that the two say will help "reform licensing terms" for Microsoft software on CISPE member cloud infrastructure. This comes after it was decided that the previously required solution being d...

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Read Vantage Announces 224MW Data Center Campus in Nevada
Vantage Announces 224MW Data Center Campus in Nevada
July 18, 2025

Vantage Announces 224MW Data Center Campus in Nevada

Vantage Data Centers

Vantage Data Centers this week announced its entry into the Nevada market with a 224MW campus in Storey County just outside of Reno. The campus will include four multi-story data centers totaling more than 1 million square feet. Nearly $3 billion is set to be invested in the project.Vantage sa...

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Read SunRocket Capital Funds $15m Solar and Storage Project in Illinois
SunRocket Capital Funds $15m Solar and Storage Project in Illinois
July 18, 2025

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

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 ...

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Read Rai Way Integrates Cloud Storage Services Across Edge Data Centers
Rai Way Integrates Cloud Storage Services Across Edge Data Centers
July 18, 2025

Rai Way Integrates Cloud Storage Services Across Edge Data Centers

Italy

Italian Edge data center provider Rai Way has integrated geo-distributed cloud storage enabler Cubbit's DS3 Composer technology into its data center platform, starting with five data centers in Italy, located in Venice, Turin, Milan, Genoa, and Florence. The solution currently offers a storage...

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Read TierPoint Secures $250 Million Financing
TierPoint Secures $250 Million Financing
July 17, 2025

TierPoint Secures $250 Million Financing

United States

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...

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Read Exa Launches New Fiber Route from London to Brussels
Exa Launches New Fiber Route from London to Brussels
July 17, 2025

Exa Launches New Fiber Route from London to Brussels

Europe

Exa Infrastructure has launched a new European fiber route, including a subsea cable connecting the UK to mainland Europe. The 1,200 km project includes a 115km submarine cable linking Margate in the UK to Ostend, Belgium. Exa is responsible for providing landing party and backhaul services on...

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Read W Denis Group Launches Division Focused on Insuring Data Centers
W Denis Group Launches Division Focused on Insuring Data Centers
July 17, 2025

W Denis Group Launches Division Focused on Insuring Data Centers

United States

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...

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