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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 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

October 25, 2025

ChipAgents Raises $21m to Support Development of AI Chip

United States

AI chip design startup ChipAgents has raised $21 million in an oversubscribed Series A funding round, seeing participation from Bessemer Venture Partners, Micron, MediaTek, and Ericsson, in addition to unnamed semiconductor companies.In addition to closing the funding round, ChipAgents has als...

October 25, 2025

Switch Raises $659m with Green Bond Issue

United States

Las Vegas-based data center operator Switch has raised another $659 million, closing its fourth asset-backed securities (ABS) offering and taking the total it has received across the quartet to $3.5 billion.“The success of this transaction, and the overall growth of our platform, clearly demon...

October 23, 2025

Mastercard to Invest €250m in Three Data Centers in France

France

Mastercard is planning to develop three new data centers in France with plans to invest around €250 million ($289.81m) in the data centers, which will build on around a dozen data centers already operating in Europe.In a company announcement written by Kelly Devine, Mastercard's president of E...

October 23, 2025

Exa Infrastructure Secures more than €1.3bn in Latest Refinancing

EXA Infrastructure

Fiber firm Exa Infrastructure has refinanced its existing facilities and raised more than €1.3 billion ($1.52bn) in new financing which will support Exa's "continued growth ambitions and network expansion plans."“This move gives us an unrivalled ability to continue investing in our network, at...

October 23, 2025

Redcentric Offloads Data Center Business for £127m

United Kingdom

UK managed services provider Redcentric announced it had agreed the sale of its data center unit, Redcentric Data Centres Limited, to Stellanor Datacenters Group Limited, a UK data center operator launched last month and backed by a fund managed by DWS Group.Michelle Senecal De Fonseca, Redcen...

October 20, 2025

BGO Secures $260m for US Data Center Development

United States

Real estate investment firm BentallGreenOak (BGO) this week announced the successful close of its data center co-investment fundraise, totaling approximately $260m, which was established in connection with its US Industrial Strategies I fund.BGO said it is now in the advanced stages of securin...

October 18, 2025

QumulusAI Arises $500m to Expand AI Compute Infrastructure

United States

QumulusAI has secured a $500 million blockchain-backed facility to fund its AI compute infrastructure buildout. The debt funding will enable QumulusAI to borrow stablecoins against up to 70 percent of its approved GPU deployments, enabling faster access to capital."This partnership represents ...

October 17, 2025

Bloom Energy Signs $5bn Partnership with Brookfield

United States

US fuel cell developer Bloom Energy has signed a $5 billion AI infrastructure partnership with global investment firm Brookfield, which will see an investment of up to $5bn to support the deployment of Bloom’s Solid Oxide Fuel Cell (SOFC) technology in AI data centers worldwide.KR Sridhar, fou...

October 17, 2025

Principal Sells Data Center in Alpharetta, Georgia

Principal Asset Management

Principal Asset Management this week announced the sale of a 15.2MW, 185,000 sq ft (17,185 sqm) single-story data center in Alpharetta, Fulton County.The data center, located on 39 acres at 4905 North Point Parkway, was originally built for a telecommunications technology company in 2009, with...

October 17, 2025

IonQ Raises $2bn from Equity Offering

United States

US quantum computing firm IonQ has announced plans to raise $2 billion through an equity offering. The company will sell 16.5 million shares at $93 each to an entity managed by investor Heights Capital Management.“This investment provides an opportunity for the IonQ team to continue to grow an...

October 15, 2025

Cellnex Sells French Data Center Business to Vauban Infra Fibre

France

Cellnex, through its wholly owned subsidiary Cellnex France, this week announced it has entered into a put option agreement with Vauban Infra Fibre (VIF) to sell 99.99 percent of Towerlink France, the entity responsible for the group’s main data center operations in France.“We remain committed...

October 15, 2025

Verne Sells Two Finnish Data Centers to Glesys

Verne Global

Nordic data center firm Verne this week announced it has sold the Finnish operations, including facilities in Pori and Tampere, to Nordic cloud firm Glesys. “We’re pleased to welcome a talented team and a strong customer base through this agreement with Verne. It expands our data center footpr...

October 14, 2025

Galaxy Digital Secures $460 Million Investment

Galaxy Digital

Galaxy Digital this week entered into investment agreements with “one of the world's largest and most respected asset managers” for a $460 million private strategic investment in Galaxy's Class A common stock.Galaxy intends to use the proceeds from the investment for general corporate purposes...

October 13, 2025

Google Confirms $15bn Data Center Project in India

Google

Google is spending $15 billion on new data centers and other digital infrastructure in the Indian state of Andhra Pradesh. The company will work with Indian firms AdaniConneX and Airtel to build an “AI hub” in the city of Visakhapatnam, on India's east coast.Thomas Kurian, CEO of Google Cloud,...

October 11, 2025

Related Digital Breaks Ground on $1.2bn Data Center in Cheyenne, Wyoming

Related Digital

Related Digital has broken ground on a $1.2 billion data center campus in Cheyenne, Wyoming, which will host AI infrastructure for CoreWeave. The 115-acre campus will be located on land on Cheyenne Business Parkway, and could eventually offer up to 302MW of capacity. As anchor tenant, CoreWeav...

October 11, 2025

Google to Invest €5bn in AI Infrastructure in Belgium

Google

Google has committed to investing an additional €5bn ($5.8bn) in cloud and AI infrastructure in Belgium over the next two years. The investment will go towards expanding the company's data center campuses in Saint-Ghislain and aims to add a further 300 full-time jobs.“With today’s announcement...

October 11, 2025

Aligned Data Centers Sold in $40bn Deal

Aligned

Aligned Data Centers is being sold to BlackRock and MGX in a deal worth $40 billion, the biggest ever acquisition in the digital infrastructure space. Macquarie Asset Management selling it to a group comprising the AI Infrastructure Partnership (AIP), MGX, and BlackRock-owned Global Infrastruc...

October 10, 2025

QTS Starts Preparation for $13bn UK data center

QTS Data Centers

QTS has begun site work on a massive data center project in Northumberland, UK which could see an investment of up to £10 billion ($13.2bn) across 10 facilities if fully built out. This March, the project received outline planning permission from the local council. After initially being pitche...

October 09, 2025

Digital Edge Secures $325m Credit Facility in Indonesia

Digital Edge DC

Digital Edge (Singapore) Holdings Pte. Ltd. this week announced the successful close of an IDR 5.5 trillion ($325 million) corporate facility from local financial firm PT Bank Central Asia Tbk (BCA). The corporate facility is provided to Digital Edge’s Indonesia platform, comprising the contro...

October 08, 2025

Johnson Controls Invests in Accelsius

United States

Johnson Controls has announced a “multi-million-dollar” strategic investment in two-phase direct-to-chip liquid cooling firm, Accelsius.“With the sharp growth in AI, cooling innovation has become a front-line imperative to meet the increasing demands of high-density data centers,” said Austin ...

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Data Center News

ChipAgents Raises $21m to Support Development of AI Chip

Switch Raises $659m with Green Bond Issue

Mastercard to Invest €250m in Three Data Centers in France

Exa Infrastructure Secures more than €1.3bn in Latest Refinancing

Redcentric Offloads Data Center Business for £127m

BGO Secures $260m for US Data Center Development

QumulusAI Arises $500m to Expand AI Compute Infrastructure

Bloom Energy Signs $5bn Partnership with Brookfield

Principal Sells Data Center in Alpharetta, Georgia

IonQ Raises $2bn from Equity Offering

Cellnex Sells French Data Center Business to Vauban Infra Fibre

Verne Sells Two Finnish Data Centers to Glesys

Galaxy Digital Secures $460 Million Investment

Google Confirms $15bn Data Center Project in India

Related Digital Breaks Ground on $1.2bn Data Center in Cheyenne, Wyoming

Google to Invest €5bn in AI Infrastructure in Belgium

Aligned Data Centers Sold in $40bn Deal

QTS Starts Preparation for $13bn UK data center

Digital Edge Secures $325m Credit Facility in Indonesia

Johnson Controls Invests in Accelsius

Ready to Level up Your Data Center Strategy?

Ready to Level up Your
Data Center Strategy?