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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 07, 2025

Magnora Acquires Majority Stake in Storespeed

Norway

Norwegian renewable investment firm Magnora has entered the data center market with the acquisition of Norwegian data center developer Storespeed. Magnora acquired a 75 percent stake in the company in partnership with Blix Solutions, a data center developer based in Norway, which nabbed a five...

October 04, 2025

Centersquare Acquires 10 Data Centers in North America

North America

US operator Centersquare this week announced the acquisition of 10 data centers across the United States and Canada. Acquired sites include two data centers in Boston and Minneapolis that the company had been operating under long-term lease agreements, along with eight additional colocation fa...

October 04, 2025

Thoma Bravo Invests in SDC Capital Partners

United States

Enterprise software investment firm Thoma Bravoo this week announced a strategic minority investment in SDC Capital Partners, a digital infrastructure investment firm. Terms of the deal weren’t shared."Thoma Bravo is one of the world's most admired investment firms and shares our view on the b...

October 03, 2025

DigiCo Infrastructure REIT Signs 14MW of Data Center Deals

Australia

Australian data center firm DigiCo Infrastructure REIT has secured a number of new deals in Sydney, Brisbane, and Adelaide. The company announced customer wins across its Australian data center platform from a combination of hyperscale, neocloud, enterprise, and government clients, adding 14MW...

October 02, 2025

Cerebras Closes $1.1bn Funding Round

United States

Wafer-scale chip designer Cerebras Systems has raised $1.1 billion in an oversubscribed Series G funding round, at an $8.1bn valuation. The company said it would use the funds to expand its technology portfolio, including AI processor design, packaging, system design, and AI supercomputers. "F...

October 02, 2025

Datacenter United Secures €120 Million Financing

Belgium

Belgian operator Datacenter United (DCU) recently acquired by Cordiant Digital Infrastructure and TINC, raised a five-year senior financing package of €120 million ($140m) from a consortium of banks comprising DNB, Belfius Bank, and NIBC Bank.“Companies in Belgium and beyond count on us to sup...

October 01, 2025

Avangrid Announces $18.5bn Network Infrastructure Investment

North America

Avangrid, the North American arm of Spanish electrical utility Iberdrola, has announced a $18.5 billion investment plan into electric and gas network infrastructure within the US by 2028. The investment will focus on rebuilding and replacing aging infrastructure in electric and gas utilities, ...

September 29, 2025

PG&E Announces $73bn Grid Infrastructure Upgrade Plan

California

California’s biggest utility company, Pacific Gas and Electric (PG&E), has revealed a new $73 billion spending program to upgrade its grid infrastructure to meet the surging demand from artificial intelligence and cloud computing.The investment is expected to support up to 10GW of new data...

September 27, 2025

Poland to Invest $548m in collaboration with IRIS²

Poland

The Polish Ministry of Funds and Regional Policy has announced its intent to build a data center, buy six satellites and build a ground station to service them in Poland, at a combined cost of PLN2 billion ($548 million). The investment is part of Poland’s National Reconstruction Plan (the KPO...

September 27, 2025

Cryptominer CleanSpark Secures $200m in Credit Facility

United States

Cryptominer CleanSpark this week announced it was increasing its Bitcoin-backed credit facility with Coinbase Prime by $100m. The funds will be “strategic capital expenditures,” including expanding CleanSpark's energy portfolio, scaling its Bitcoin mining operations, and investing in high-perf...

September 26, 2025

Nscale Raises $1.1bn from Backers

Nscale

AI data center developer Nscale has raised $1.1 billion to help its build-out in the UK and beyond in a Series B round led by Aker ASA, and participation from the likes of Blue Owl, Dell, Fidelity Management & Research Company, G Squared, Nokia, Nvidia, Point72, and T.Capital.“AI is reshap...

September 22, 2025

AI Pathfinder Plans to Invest £18.4bn on Two UK Facilities

United Kingdom

AI Pathfinder, a new data center developer has revealed plans to invest up to £18.4 billion ($24.86bn) in UK digital infrastructure, with new facilities in England and Scotland. It has also committed to investing up to £15bn ($20.2bn) in a data center at the i3 industrial park in Ayrshire, Sco...

September 20, 2025

Rowan Digital Infrastructure Secures $1.2bn Financing

Rowan Digital Infrastructure

US data center developer Rowan Digital Infrastructure has secured $925 million in new financing for the third phase of its flagship Bauxite campus in Maryland, bringing total debt raised for Bauxite to more than $3.1bn. Led by SMBC, MUFG, Mizuho, and Societe Generale, the financing was the fir...

September 19, 2025

CoreWeave Plans £1.5bn UK AI Data Center Investment

CoreWeave

US neoloud CoreWeave plans to invest another £1.5 billion ($2bn) in UK AI data center capacity and operations which comes on top of a previous £1bn ($1.4bn) commitment, and includes a deployment at a DataVita data center in Scotland.“Our investment in the UK will establish one of the world’s l...

September 19, 2025

Vantage Enters Spain with €3.2 billion Investment

Vantage Data Centers

US operator Vantage Data Centers is entering the Spanish market and has announced plans to invest €3.2 billion ($3.78bn) in developing a data center campus in Villanueva de Gállego, the Zaragoza area of Aragon. The project will be developed in collaboration with the Aragonese company Desarroll...

September 18, 2025

Microsoft Signs $6bn AI Deal with Nscale

Microsoft Azure

Microsoft has signed a deal to rent $6.2 billion of AI computing power in Norway. The capacity will be provided by Nscale and Norwegian investment company Aker. The compute capacity will be powered entirely by renewable energy, and it seems to be from the same data center as announced earlier ...

September 16, 2025

Nvidia to Invest $5bn in Intel

United States

Nvidia will invest $5 billion in Intel as part of an agreement to jointly develop custom data center and personal computing hardware. Both companies would work to connect Nvidia and Intel architectures using Nvidia’s NVLink technology, with Intel set to build custom x86 CPUs that will integrat...

September 15, 2025

BlackRock to Invest $678m in UK Data Centers

United Kingdom

Power technology firm ABB is investing $110 million in manufacturing over the next three months to support growth in industries such as data centers. This investment is to “expand R&D and manufacturing of its advanced electrification solutions,” as customers “focus on improving energy effi...

September 12, 2025

Vantage Raises $1.6bn for APAC Expansion

Vantage Data Centers

Vantage Data Centers has raised $1.6 billion to expand its presence in the Asia-Pacific region, starting with the acquisition of Yondr Group’s data center campus in Johor, Malaysia.“This significant investment marks a pivotal milestone in our APAC growth journey,” said Jeremy Deutsch, presiden...

September 12, 2025

Helen Seeking Data Center partners

Finland

Helen, one of Finland's largest energy companies, has announced that it is open to supporting data center operators in joining its “comprehensive energy system” in Helsinki, where facilities can be connected to the city’s advanced district heating and cooling network."The synergy benefits of d...

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Data Center News

Magnora Acquires Majority Stake in Storespeed

Centersquare Acquires 10 Data Centers in North America

Thoma Bravo Invests in SDC Capital Partners

DigiCo Infrastructure REIT Signs 14MW of Data Center Deals

Cerebras Closes $1.1bn Funding Round

Datacenter United Secures €120 Million Financing

Avangrid Announces $18.5bn Network Infrastructure Investment

PG&E Announces $73bn Grid Infrastructure Upgrade Plan

Poland to Invest $548m in collaboration with IRIS²

Cryptominer CleanSpark Secures $200m in Credit Facility

Nscale Raises $1.1bn from Backers

AI Pathfinder Plans to Invest £18.4bn on Two UK Facilities

Rowan Digital Infrastructure Secures $1.2bn Financing

CoreWeave Plans £1.5bn UK AI Data Center Investment

Vantage Enters Spain with €3.2 billion Investment

Microsoft Signs $6bn AI Deal with Nscale

Nvidia to Invest $5bn in Intel

BlackRock to Invest $678m in UK Data Centers

Vantage Raises $1.6bn for APAC Expansion

Helen Seeking Data Center partners

Ready to Level up Your Data Center Strategy?

Ready to Level up Your
Data Center Strategy?