Data Center News

ABB Invests $200m in Europe to Boost Medium-Voltage Production for Data Centers

Europe

ABB has unveiled a $200 million investment plan to expand its medium-voltage manufacturing capacity across Europe over the next three years, aiming to strengthen power infrastructure supply for utilities, industrial operators, and data centers.“This $200 million investment will strengthen ABB’...

Developers Submit Plans for $1.6 Billion Data Center in Cleveland, Ohio

Ohio

Private credit firm Lakeland Equity Group has filed plans for a $1.6 billion data center project in Cleveland, Ohio. The proposal outlines a 150MW campus on a 35-acre site at 3560 E 55th St, currently owned by trucking company Morabito Enterprises. The development could include three two-story...

Blockchain Unveils $9.9bn Data Center Investment Plan

DMG Blockchain Solutions

BlockchAIn Digital Infrastructure has outlined plans for a US data center development pipeline totaling around 715MW. The New York-listed company detailed the strategy in an April 2026 investor presentation, highlighting current and proposed sites across South Carolina, Minnesota, and Texas, a...

Naver Raises $270m for AI Data Center Project in Sejong

Naver Corp.

South Korean AI cloud company Naver has secured a 400 billion won ($270 million) loan from the country’s Public Growth Fund to support the development of its AI data center in Sejong. Approved by the Financial Services Commission (FSC), the financing will fund the expansion of Naver’s Sejong f...

DataBank Raises $2bn for Dallas Data Center Buildout

Dallas

US data center firm DataBank has secured new financing to support the build-out of three data centers in Dallas, Texas. The company this week announced it has obtained a $2 billion loan to fund construction of the first three facilities at its new Red Oak campus. DataBank said the deal represe...

EdgeCore Lands $1.5bn Funding for Virginia Data Center Expansion

EdgeCore Internet Real Estate, LLC

US data center firm EdgeCore has secured new financing to support its build-out in Virginia. The company this week announced the completion of two financial transactions totaling $1.5 billion to fund the construction of two single-tenant hyperscale data centers in Northern Virginia, AS01 and A...

Aon Expands Data Center Insurance Capacity to $3.5bn

United States

Insurance firm Aon has expanded the level of coverage it can provide for data center projects. The company first launched its Data Center Lifecycle Insurance Program (DCLP) last year. The multi-line facility spans construction, cargo, cyber, and operational risk under a single program, and is ...

AWS Eyes $430m Data Center Project in Navi Mumbai

Amazon AWS

Amazon Web Services (AWS) is planning to invest $429.8 million in a data center near Taloja in Navi Mumbai, India. The cloud provider has applied to the State Environmental Impact Assessment Authority for environmental clearance for the project, which is planned for a 49-acre site.According to...

Pimco to Provide $14bn for Oracle Michigan Data Center Project

Oracle

Pacific Investment Management Co. (Pimco) is reportedly in discussions with Bank of America Corp. to provide around $14 billion in debt financing to Related Digital for an Oracle data center in Michigan. According to Bloomberg, citing people familiar with the matter, the funding would position...

Microsoft Commits $1bn to Cloud and AI Infrastructure in Thailand

Microsoft Azure

Microsoft will invest more than $1 billion in cloud and AI infrastructure in Thailand over the next two years, vice chair and president Brad Smith said after a meeting with Thai Prime Minister Anutin Charnvirakul. The investment will be used to expand the company's data center footprint, upski...

$500m Data Center Approved For Construction Outside Indianapolis

Indianapolis

A $500 million data center has been approved in Martindale Brightwood, northeast of Indianapolis, Indiana. The Indianapolis Metropolitan Development Commission approved Metrobloks’ request to rezone a 14-acre site at 2505 North Sherman Drive for the project.The site, vacant since 1983 and form...

BDx Secures $320M Loan for Indonesia Data Center Expansion

BDx Data Centers

APAC operator BDx Data Centers has secured a $320 million loan facility to support its expansion in Indonesia.The financing was led by Bank Permata, BCA, and KB Bank.Bank Permata, BCA, and KB Bank led the financing.The facility will support further development of CGK3, BDx’s AI-focused data ce...

Starcloud Raises $170M Series A for Space Data Centers

Space Data Centres UK

 Space data center company Starcloud has raised $170 million in a Series A round, valuing the firm at $1.1 billion. The round was completed in two tranches, with Benchmark leading the initial raise alongside EQT, and both firms co-leading the extension. Additional investors include Macquarie C...

Aligned Secures $2.58bn Credit Facility for US Data Center Expansion

United States

US operator Aligned Data Centers has secured new financing to support its data center build-out. The company this week today announced the closing of a new $2.58 billion credit facility to support the continued expansion of its US data center portfolio.Backed by insurance firms, pension funds,...

RealVantage Invests in $7million in Minnesota Data Center

Minnesota

 Singapore-based real estate firm RealVantage is entering digital infrastructure, investing $7 million in a 21MW data center in Minneapolis, Minnesota.  The data center was acquired earlier this year by US firm Cloud Capital and Bahrain’s Arcapita, who plan to expand the site to 31MW. “The acq...

Bridge Data Centres in Discussions Over $6bn Loan

Bridge Data Centres

Bridge Data Centres, owned by Bain Capital, is reportedly pursuing a loan of up to $6 billion. Bloomberg, citing people familiar with the matter, said the company is in discussions with lenders to finance its planned expansion in Thailand.The company’s QHI01 data center in Bangkok broke ground...

€1.6B Irish Data Center Proposed in 2019 Finally Approved

United States

A €1.6 billion ($1.8 billion) data center project finally received approval on Friday, March 13, after six years of permitting hurdles and legal challenges. Developer Art Data Centres secured planning permission in 2022, won an appeal in 2024, and successfully defended against a judicial revie...

Bridge Data Centres Plans $2.3B–$4B Investment in Singapore’s Digital Infrastructure

Bridge Data Centres

 Bridge Data Centres plans to invest S$3–5 billion ($2.3–4 billion) in Singapore’s next-generation digital infrastructure.In an announcement, the company said it is “uniquely positioned to support hyperscaler customers and global technology companies seeking high-performance, sustainable and s...

Microsoft and Meta Commit to $50bn in New Data Center Leases in Latest Quarter

Microsoft Azure

Microsoft and Meta have each committed around $50 billion to additional data center leases in the latest quarter. According to Bloomberg, citing an analysis of quarterly filings, the new deals push total future data center lease commitments by cloud companies and hyperscalers to more than $700...

Nscale Raises $2bn in Series C Funding at $14.6bn Valuation

UK-based AI cloud Nscale has raised $2bn in its Series C funding round. The funding round, which the company claims to be the largest of its kind in European history, was led by established partner Aker ASA and 8090 Industries, with participation from Astra Capital Management, Citadel, Dell, J...