Data Center News

Google buys land for data center in Botetourt County, Virginia

Google

Google has spent $14 million to buy a plot of land for a data center development in Botetourt County, Virginia. The deal for the 312-acre site at the Botetourt Center industrial park, Greenfield, was announced on Tuesday.“We are always looking for communities that have the innovative and colla...

DigitalBridge and ArcLight Invest $500m in Takanock

DigitalBridge

DigitalBridge and energy investor ArcLight Capital have invested capital commitments totaling $500 million in a new dispatchable power firm targeting data centers- Takanock, which describes itself as a provider of digital and power infrastructure solutions. The company aims to address the powe...

Vultr Secures $329m in Credit Financing

United States

Cloud infrastructure provider Vultr has secured $329 million in credit financing to help further expand its AI infrastructure and cloud computing platform. The financing is made up of a $255 million syndicated credit facility, including a $35 million uncommitted accordion, and $74 million of r...

Utilidata Raises $60.3m for Energy Infrastructure AI Platform

United States

Utilidata has raised $60.3 million in Series C funding to scale its energy infrastructure AI platform, Karman, developed in partnership with Nvidia. The platform provides real-time visibility, identifies and manages distributed energy resources, enhances resiliency, and offsets the need for fu...

Stoneweg Announces Data Center Investment Fund for Europe

Europe

Swiss real estate investment advisor Stoneweg is entering the data center market, launching its own data center fund and platform via its Stoneweg Europe Stapled Trust (SERT) unit. The company this week announced Stoneweg European Business Trust has made a €50 million ($58m) investment in the ...

Haoyang Data Purchases Land for New Thailand Facility

Thailand / Prathet Thai

Chinese data center operator Beijing Haoyang Cloud & Data Technology Co recently acquired land from WHA Industrial Development (WHAID), one of Thailand’s leading industrial estate developers for a data center to be developed by Haoyang’s local subsidiary, Haoyang Data Center 1.“As global d...

Marsh Launches €1bn Data Center Insurance and Risk Management Services

United Kingdom

Insurance broker and risk advisor Marsh this week announced the launch of Nimbus, a new insurance facility providing clients cover for the construction of large-scale data centers across the UK and Europe.Nimbus provides up to €1 billion ($1.15bn) in construction all-risks coverage and up to €...

Eutelsat Announces €1.35bn Capital Raise

France

European satellite operator Eutelsat this week announced a €1.35 billion ($1.55bn) contemplated capital raise, anchored by key shareholders, to “secure the execution of [its] long-term strategic vision,” to fuel its Low Earth Orbit (LEO) ambitions, led by the French government.“This capital in...

Amazon to Invest $13bn in Data Centers in Australia

Amazon AWS

Amazon is planning to invest AU$20 billion (US$13bn) by 2029 in expanding data center infrastructure in Australia. The investment will see Amazon developing additional data centers and expanding its existing facilities in Sydney and Melbourne.Matt Garman, CEO of AWS, said of the company's inve...

Cawley Partners Acquires 5,200 Acres outside Dallas for Data Center Park

Dallas

Cawley Partners has acquired 5,200 acres south of Dallas to potentially develop a large data center park outside Dallas. The acquired South Creek Ranch in the City of Ferris is set to see a mix of uses, including data centers, logistics, manufacturing, and residential.“This particular piece of...

Soluna Secures $20million for New Development in Texas

Crypto and AI data center firm Soluna this week the company announced financing from Spring Lane Capital for a 35MW phase of Project Kati, a behind-the-meter data center project in Texas. The financing will facilitate the construction of the first 35MW of the 83MW phase of Kati 1, which will b...

Crusoe Secures $750m Credit Facility from Brookfield

United States

Crusoe  this week announced it has secured a $750 million credit facility from Brookfield Asset Management, through its infrastructure debt platform to fuel its data center and cloud build-out. The financing will primarily be deployed to fuel the development of Crusoe’s planned data centers an...

GoTo Group Migrates Digital Payments Unit to Alibaba Cloud

Alibaba Cloud

Indonesia's GoTo Group has moved the infrastructure of GoTo Financial, the company's digital payments unit, to Alibaba Cloud's data centers in Jakarta in hopes that the migration will help streamline its operations, reduce costs, and improve service efficiency.Patrick Walujo, GoTo Group CEO, s...

Amazon to Invest $20bn in Data Centers in Pennsylvania

Pennsylvania

Amazon is committing to investing $20 billion in Pennsylvania to expand its AI infrastructure. The company will initially focus that investment on Salem Township and Falls Township, intending to develop "innovation campuses.""Pennsylvania is competing again—and I'm proud to announce that with ...

Amazon to Invest $10bn in North Carolina

Amazon AWS

Amazon has revealed plans to invest $10 billion for the expansion of its data center infrastructure in North Carolina which will be used to support the company's cloud and AI services, and is expected to bring 500 full time jobs to the region.“Artificial intelligence is changing the way we wor...

GridFree AI raises $5m for Off-Grid Data Center Deployment

United States

GridFree AI, an infrastructure startup backed by Montauk Climate, has raised $5 million in seed funding as it looks to streamline and accelerate data center deployment using its Power Foundry platform, which integrates power generation, battery storage, and cooling into a modular, grid-indepen...

Brookfield Plans $10bn Investment on a Swedish AI Data Center

Sweden

Brookfield Asset Management plans to spend up to 95 billion kronor ($9.9 billion) on an AI data center in Strängnäs, Sweden. The investment more than doubles a planned 300MW facility to 750MW, with the company planning to purchase 350,000 sqm of additional land in Strängnäs to support the larg...

Vantage Secures $5 Billion in Green Loans

Vantage Data Centers

Vantage Data Centers has secured $5 billion in incremental green loan financings to meet data center demand in the US which includes a $2.25 billion financing to fully fund construction of the company’s campus in New Albany, Ohio, as well as a $2.75 billion upsizing of an existing $3 billion 2...

Bitzero Blockchain Announces Four Data Centers

United States

Bitzero Blockchain, the cryptomining and HPC infrastructure firm backed by Shark Tank star Kevin O'Leary, has announced the development of four data centers across the US, Finland, and Norway, with the locations for its new data centers all seclected based on their cold climates.By "combining ...

GRC Secures Investment from Samsung Ventures

GRC, a provider of single-phase immersion cooling for data centers this week announced it has secured investment from Samsung Ventures to support its growth. Ventures joins GRC's major shareholders, including HTS, SK Enmove, and ENEOS in the latest financing, while Samsung’s C&T constructi...