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Data Centre Developer Sues New Jersey Town for $300m
August 01, 2026
Posted by: Abdul-Rahman Oladimeji
New Jersey
Greece
Greek multinational Karatzis Group is planning a €240 million ($278 million) data center investment in the Boeotia region, according to real estate news outlet eRed. Headquartered in Crete, the company is best known for manufacturing plastic netting for the agricultural, packaging, and constru...
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Amazon AWS
Amazon Web Services (AWS) is reportedly planning a $750 million data center project in Clinton, Mississippi. While the company has not been officially confirmed, WLBT3 reports that a quitclaim deed shows Amazon acquired the 99-acre site on February 13.The data center will be located at 1001 In...
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Virginia
Private equity firm HighBrook Investors has closed its first US data center fund, securing $266 million in total commitments. The launch of the fund was first reported last year. HighBrook said the fund saw contributions from existing investors alongside new institutions, including leading en...
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xAI
Elon Musk’s xAI is significantly expanding its "Digital Delta" footprint. As of March 2026, the company has filed a $659 million building permit for a new 312,000-square-foot facility at 5414 Tulane Road in Memphis.This latest development is part of an aggressive scaling strategy to push the C...
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Amazon Web Services (AWS) plans to invest an additional €18 billion ($21bn) in Spain, bringing its total data center infrastructure investment in Aragon to €33.7bn ($39.5bn). At MWC26 in Barcelona, the company announced the new buildout, which includes new facilities in the three Aragon provin...
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Nordic data center firm atNorth is set to be acquired by Equinix and the Canada Pension Plan Investment Board (CPP) in a $4.2 billion deal. Current owner Partners Group said on Friday it had agreed a deal to sell atNorth in a transaction with an enterprise value of $4 billion.News that Equinix...
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NVIDIA
Revenue was up 20 percent from the previous quarter and 73 percent on the same period last year. Data center specific revenue hit $62.3bn, up 22 percent from Q3 and up 75 percent from a year ago. For the full fiscal year 2026, revenue totaled $215.9 billion, representing a 65% increase year ov...
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Virginia
US’ largest grid operator, PJM Interconnection, has approved an $11.8 billion transmission expansion plan to keep up with surging data center connection requests across its footprint. The Regional Transmission Operator (RTO) serves all or parts of 15 states across the East Coast and South of ...
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Brennan Voice and Data Pty Ltd
Real estate developer Brennan Investment Group has withdrawn plans for a $2bn data center project outside Chicago, Illinois. As reported by Shaw Local, the data center was previously planned in Barrington Hills, on land south of Penny Road and west of Pond Gate Drive.A Facebook post from the V...
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Ares Management Corporation
Ares Management Corporation has arranged new funding for data center firm Vantage. The global alternative investment manager announced this week that some of its funds have arranged a $2.4 billion debt facility for Vantage.“Ares is proud to build on our existing relationship with Vantage and ...
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Denmark
Danish real estate firm Thylander this week said that Thylander Data Centers' (TYDC) investor base now includes Systematic Holding Aps by Michael Holm, Sagitta Ventures Aps, Weco A/S, and E. Bank Lauridsen Holding A/S. Terms of the investment weren’t shared.“We are well underway in developing ...
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United States
Data center infrastructure developer Serverfarm has closed its first asset-backed securities (ABS) offering at $589 million. The transaction was secured by three data center facilities: in Atlanta, a 153,000 sq ft (14214 sqm) facility with 12MW of critical IT capacity; a 300,000 sq ft (27,870 ...
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Virginia
Real estate firm TA Realty and its data center development arm, TA Digital Group (TADG), this week announced the sale of two hyperscale data center buildings totaling 745,000 sq ft (69,210 sqm) and 165MW of IT load capacity in Leesburg, Loudoun County.The facilities are the first two completed...
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ST Telemedia Global Data Centres (STT GDC)
Investment firm KKR and Singaporean telco Singtel this week announced the signing of definitive agreements to fully acquire the data center firm from ST Telemedia (STT).The companies will acquire the remaining 82 percent stake in STT GDC from ST Telemedia for S$6.6 billion (US$5.1bn). Upon com...
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California
A new bill has been introduced in the California Senate aimed at regulating the expansion of large load data centers across the state and protecting ratepayers from footing the bill for the generation and transmission infrastructure needed to power them.Introduced by Senator Sasha Renée Pérez ...
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Amazon AWS
Amazon plans to double its capex spend in 2026, investing $200 billion, most of which will be funnelled into data centers for its AWS cloud division.The firm revealed the news as it reported its financial results for Q4 2025, which saw operating income across Amazon grow to $25 billion, up fro...
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Poland
Polish real estate firm DL Invest Group will build a new data centre in Bielsko-Biała, Poland. The facility will be the first of a network of twelve in Europe as part of a joint venture agreed in November 2025 with cloud gaming firm Boosteroid.Leszczyński predicted that the Bielsko-Biała proje...
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Singapore
Singaporean provider of modular and prefabricated data center infrastructure EPG has completed its Series B financing, raising nearly US$100 million. The company said the proceeds from the financing will support capacity expansion, working capital, and global growth.The round was co-led by in...
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CoreWeave
Nvidia has invested another $2 billion in AI cloud provider CoreWeave. The investment aims to help CoreWeave speed up its build-out of more than 5GW of AI capacity by 2030, and will also see Nvidia giving the neocloud access to the upcoming Vera chip - Nvidia's latest CPU.Nvidia's CEO, Jensen ...
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SoftBank has reportedly halted discussions over a $50 billion bid for US data center firm Switch. According to Bloomberg, SoftBank insiders are said to have raised concerns about financing the $50 billion deal, as well as the challenges it would have faced managing Switch’s large network of da...
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