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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Anthropic
A $366 million data center project, named Project Longhorn – Building One, has been filed with the Texas Department of Licensing and Regulation. The 498,165 sq ft (46,281 sqm) facility is planned for Earl Callahan Road near Walter Hoffman Road in Cedar Creek, Bastrop County. Construction is sched...
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Google’s planned data centers in Finland are under investigation after around 300 hectares of forest were reportedly cleared before environmental assessments were completed. Finland’s Licensing and Supervision Agency has requested reports from local authorities and project manager Tuike Finland o...
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Sesterce
French AI infrastructure firm Sesterce plans to invest $10 billion in an AI data center campus at the former Kaipola paper mill in Jämsä, Finland. Construction is expected to begin this year, with capacity starting at 200MW before expanding to 600MW. Sesterce aims to develop more than 1GW of capa...
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Google will buy 890 MW of new nuclear output from Constellation Energy under a 20-year power purchase agreement covering 11 reactors across the PJM Interconnection, the companies announced on Oct. 6. Constellation will spend more than $4.3 billion upgrading reactors in Illinois, Pennsylvania and ...
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Crusoe
Crusoe has filed plans for two data center buildings in Jayton, Texas. According to filings with the Texas Department of Licensing and Regulation, both facilities will be located along Country Road 233 and P2390 at an unspecified address in Jayton, Kent County. Each data center will span 759,260 ...
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Intro Technology
Egyptian conglomerate Intro Group plans to invest $270 million in the first phase of the Kemet Data Center project in Egypt’s Suez Canal Economic Zone. The 80MW facility will cover 80,000 sqm (860,000 sq ft) and be developed in two phases. It is expected to be partially powered by solar energy. L...
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Samsung SDS
Samsung has invested $1 billion in Helix Digital Infrastructure, the data center developer established by KKR. Helix and KKR announced on September 29 that Samsung committed the funding through its long-duration capital fund, providing additional capital to support Helix’s data center expansion. ...
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VIRTUS Data Centres Ltd
European data center operator Virtus Data Centres has secured a £2.45 billion ($3.25bn) financing package from a consortium of 13 banks. BNP Paribas, Crédit Agricole CIB, Société Générale, and Standard Chartered Bank acted as coordinators and lead arrangers. The funding will support the developme...
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Tesla
AI chip startup DensityAI has raised hundreds of millions of dollars in funding at a $10 billion valuation. According to The Information, Andreessen Horowitz is in talks to lead the round, while DensityAI has reportedly secured a purchase agreement with AWS based on performance requirements. Amaz...
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Amazon AWS
Generac has signed a long-term deal to supply backup generators to Amazon’s data centers. The agreement includes about $2.4 billion in deliveries over two years and could reach $8 billion overall. Amazon will also have the option to buy nearly 1.7 million Generac shares. “It provides visibility t...
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United States
The US Department of Energy (DOE) has announced $1.9 billion in funding for 31 grid improvement projects across 26 states, aimed at accelerating power connections for data centers and other large loads. The projects are part of the DOE’s SPARK initiative and will receive $5.25 billion in total, i...
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Thailand / Prathet Thai
Thailand is expected to finalize new data center regulations by mid-October. According to Nation Thailand, the framework will set rules covering facility size, electricity use, and location. Government agencies have provided data on existing operators, size classifications, and average electricit...
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Nscale
AI cloud company Nscale has raised $3.36 billion in pre-IPO funding from investors led by hedge fund Third Point. Investors include Nvidia, Apollo, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, and 8090 Industries. Nscale will receive $2.36 billion upfront, with Nvidia providing a fu...
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Crusoe
AI data center and cloud company Crusoe has raised $3.9 billion in a Series F funding round, valuing the company at $30.9 billion. The round was co-led by Atreides Management, Mubadala Capital, and Valor Equity Partners, with additional investment from Founders Fund, GIC, Nvidia, QIA, Radical Ven...
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ServerFarm Realty
US data center company Serverfarm has increased its existing revolving credit facility to $3.89 billion after securing an additional $895 million. The funding, secured last month, will support Serverfarm’s North American data center projects, including campuses in Houston, Texas, Clarksville, Ark...
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Goodman Group
Goodman Group has raised $455 million for its Hong Kong Data Centre Partnership (GHKDCP). The funds will mainly finance the mechanical and electrical fit-out of Goodman HKG10 in Tsuen Wan, which Goodman will operate. The data center will be built inside an existing Goodman warehouse, with initial...
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Vantage Data Centers
Vantage Data Centers has secured $2 billion in financing to support early-stage development across its North American portfolio. The five-year revolving credit facility initially covers three development assets, with more eligible to be added. Vantage said the funding will accelerate project deli...
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Microsoft Azure
Microsoft plans to more than triple its data center capacity over the next five years, targeting 38GW by 2032, up from its current 12GW. The capacity will combine Microsoft-owned facilities with leased capacity from third-party providers, including neoclouds such as CoreWeave, Nscale, Lambda, Ire...
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hscale
Bain Capital-backed Hscale has secured a contract worth more than $1 billion with an unnamed hyperscaler for capacity at its data centers in Spain. The facilities will support the client’s cloud and AI workloads, with the agreement potentially expanding to other Hscale data centers across EMEA. ...
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DAMAC Digital
Damac Digital and Vodafone Türkiye have begun construction of their planned data center in Izmir, western Turkey. The project was first announced in 2024 with a $100 million investment, but Damac Digital has now increased the budget to $300 million. The facility will be Vodafone’s second data cen...
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