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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
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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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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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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Pure Data Centres Group
Pure Data Centres Group (Pure DC) this week announced it has signed “2025’s largest standalone hyperscale data center lease in Europe,” taking all available capacity at a planned site in Amsterdam.An unnamed hyperscale customer is leasing the entire 78MW campus, situated in Westpoort, Amsterda...
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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...
Read more
United States
Element Critical this week announced the launch of a new US data center platform backed by 26North Partners, Arctos, Mercuria, and Safanad. Two enterprise data centers in Houston and Austin. will anchor the platform. They are existing Safanad-owned sites, managed by Element Critical, which are...
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atNorth
AlphaTon Capital Corp has signed a data center leasing agreement for 2.2MW of capacity from atNorth for a data center in Sweden. AlphaTon is a technology company that says it "bridges institutional capital with the Telegram-based crypto ecosystem." However, it seems to be seeking to launch a G...
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Romania
Data center investment company Accelerated Infrastructure Capital (AIC) is partnering with Romanian operator ClusterPower for a new campus, announcing an equity partnership agreement to co-develop a new 800MW AI data center region in southwestern Romania.“ClusterPower brings the secured land a...
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stc
Saudi Telecom Company (STC), through its Center3 subsidiary, has signed a Memorandum of Understanding (MoU) with Humain to form a data center joint venture (JV) in Saudi Arabia. The JV will develop and operate AI-focused data centers in the Kingdom, aiming to develop 1GW of capacity.According ...
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Michigan
Logistics real estate firm Panattoni is looking to develop a data center campus outside Detroit, Michigan. The company is said to be targeting 282 acres on the north side of the I-94 and east of Haggerty Road for a potential gigawatt-scale campus."We've been talking to the community, understan...
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West Texas
Texas Pacific Land Corporation (TPL) has partnered with Bolt Data & Energy to develop data center campuses across TPL-owned land. As part of the deal, Bolt raised $150 million in capital, including $50m from TPL. In return, TPL will receive equity interest, warrants, and a right of first r...
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Oracle has denied that it is suffering delays in completing the data centers it is providing to OpenAI.Oracle spokesperson Michael Egbert has since told Reuters: "There have been no delays to any sites required to meet our contractual commitments, and all milestones remain on track. We remain ...
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Google is exploring the possibility of establishing a data center in Valer, Norway. According to the Kommune of Valer, the project finds its origins in a 2017 feasibility study by Cowi and Smart Innovation Norway that identified Gylderåsen as a possible data center location.The Norwegian gover...
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Belgian IT services provider Cegeka is planning an initial €40 million ($46.9 million) investment to build a subterranean data center in Belgian Limburg. The proposed data center would be the largest in Limburg and Cegeka’s eighth data center across Belgium, the Netherlands, Luxembourg, and It...
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AirTrunk
APAC data center firm AirTrunk is expanding its footprint in Japan and has announced plans to develop its second hyperscale data center in Osaka, OSK2. Located in East Osaka, OSK2 will deliver up to 100MW of total campus IT capacity. OSK1, located in West Osaka, offers 20MW.Robin Khuda, founde...
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Belgian IT services provider Cegeka is planning an initial €40 million ($46.9 million) investment to build a subterranean data center in Belgian Limburg. The proposed data center would be the largest in Limburg and Cegeka’s eighth data center across Belgium, the Netherlands, Luxembourg, and It...
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Oracle has said it might consider letting customers bring their own hardware to Oracle data centers. Co-CEO Clay Magouryk explained how different business models impact Oracle's cash flow for new data center deployments.Magouryk said: "In some cases, customers actually want to bring their own ...
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