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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Digital Realty Trust
Digital Realty is acquiring a stake in three Northern Virginia data centers from Blackstone. The deal covers 288MW of fully leased capacity across two sites in Manassas and one at the Digital Dulles campus in Sterling, all 100% leased to hyperscale customers. Blackstone is selling a 64% interest ...
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United States
Omen AI has raised $31 million in Series A funding to develop systems for monitoring servers and other data center equipment. The San Francisco-based company’s round was led by Nava Ventures, bringing its total funding to $41.5 million since its 2024 founding. Investors include former Meta COO Sh...
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United States
US power delivery platform Aston Power has raised $20 million in a funding round led by TDK Ventures and JLL Spark Global Ventures to expand its presence in the data center sector. The company said it will use the funding to grow its operations across North America and accelerate deployment of it...
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Google will invest an additional $1.5 billion to expand its data center campus in Jackson County through 2027. The site, built on the former Widows Creek coal plant, has been operational since 2019. According to Baxtel, it currently includes two 135,000 sq ft (12,540 sqm) data center buildings, t...
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France
Data4 has confirmed plans for a €5 billion ($5.8 billion), 700MW data center campus in Escaudain, set to be the company's largest facility to date. The campus will be developed on the site of the former Usinor steelworks in the Hauts-de-France region. “We are delighted to bring our project to lif...
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Amazon AWS
Corscale Data Centers has secured $975 million in financing from Blue Owl for Project Helios, a newly built data center in Prince William County, Virginia. The funding was arranged by Newmark on behalf of a joint venture between Corscale and Affinius Capital. The facility is fully leased to an in...
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Keel Infrastructure
Digital and energy infrastructure provider Keel Infrastructure has completed a $458 million convertible senior notes offering, allocating part of the proceeds toward its data center developments. The offering, consisting of 1.250% convertible senior notes due 2032, closed on June 9. Initial purch...
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Switch
Data center firm Switch has increased its available debt capacity to $9.5 billion. The company now has access to a more than $6 billion corporate revolving credit facility, alongside an expanded $3.5 billion syndicated uncommitted performance letter of credit facility (LCF). In April, Switch repo...
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Cipher Digital
Cryptominer-turned-HPC developer Cipher Digital is planning to raise $810 million through senior secured notes due in 2031. Most of the proceeds will fund the remaining costs of its 100MW Stingray data center project in West Texas, with about $63.6 million earmarked to reimburse prior equity cont...
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Google has entered into an agreement with SpaceX to secure large-scale computing capacity. According to a regulatory filing submitted by SpaceX on June 5, Google will lease roughly 110,000 GPUs, CPUs, memory modules, and related infrastructure for approximately $920 million per month. The contrac...
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Brookfield Asset Management
France has secured billions of dollars in new investments across data centers, cloud services, and artificial intelligence. At this week’s Choose France Summit, President Emmanuel Macron unveiled a series of investment commitments tied to data center development and broader digital infrastruct...
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Malaysia
Digital Decarbonization Solutions Platform (DDSP), an Asia-Pacific developer of data centers and decarbonized energy solutions, has secured $283 million in green financing for a planned build-to-suit data center campus in Johor, Malaysia. The proposed facility will be a 45MW liquid-cooled camp...
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Rowan Digital Infrastructure
Rowan Digital Infrastructure has secured nearly $3 billion in debt financing to support construction of its turnkey data center campus in Temple. The company said the deal marks the largest financing in its history and will fund development of the 300MW campus. The financing was arranged under...
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Digital Edge DC
APAC data center firm Digital Edge has secured new debt financing. The company last week announced the successful closing of its inaugural $575 million holding company (HoldCo) financing. Proceeds from the facility will support the continued expansion of the company’s campus footprints across ...
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EdgeConneX
The government of Italy has described EdgeConneX’s €3 billion investment as being of “national strategic interest.” The EdgeConneX Campus Italia program, announced on May 14 during a council of ministers chaired by Prime Minister Giorgia Meloni, will develop three data center campuses in the L...
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NVIDIA
Nvidia reported record Q1 2027 revenue of $81.6 billion, up 85 percent year-over-year and 20 percent from the previous quarter. Data center revenue reached $75.2 billion for the quarter ending April 26, marking annual and quarterly growth of 92 percent and 21 percent, respectively. Alongside i...
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United States
Donald Trump has bought millions of dollars’ worth of shares in data center-related firms this year, according to newly released financial disclosures. The 113-page filing shows he made hundreds of investments in publicly traded companies in 2026, including data center power and cooling firms ...
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Brazil / Brasil
Omnia, a Brazilian data center platform, has signed a 20-year power supply agreement with renewable energy firm Casa dos Ventos to support a data center planned for ByteDance. According to Reuters, the $2 billion deal will power the facility located at the Pecém port complex in Ceará, in north...
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Ohio
Cleveland, Ohio, has turned down Lakeland Equity Group’s $1.6 billion plan to develop a data center campus. Mayor Justin M. Bibb announced on May 14 that the city had denied the permit for the proposed facility, which was planned for a 35-acre site at 3560 E 55th St. Lakeland described the pro...
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United States
H2CHP, a Durham University spinout developing clean electric generators for data centers and other energy-intensive sites, has raised £1.5 million ($2 million) in its latest funding round, according to Recharge News. The company’s main product is a free-piston linear generator, which it descri...
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