Data Center News

Rumble Inc. to Buy Northern Data

Northern Data AG

German technology group Northern Data has received a firm offer to be acquired by an 'alt-tech' video platform and cloud services provider. The transaction, which would include Northern's colocation and cloud businesses, is expected to close in the second quarter of 2026.John Hoffman, co-CEO o...

Flexential Completes $800m ABS Fundraise

United States

US data center firm Flexential has completed an $800 million asset-backed securities (ABS) offering to support its growth and investment strategy. Proceeds will be used to repay a portion of Flexential's outstanding ABS debt and support the company's long-term financing strategy."Completing th...

Telesat Invests $5m in Farcast

Canada

Canadian satellite firm Telesat has announced an expanded relationship with longtime collaborator Farcast, tasking the firm with building its enterprise-class flat panel antenna user terminals and making it ready for volume production.“Our collaboration with Telesat has been a cornerstone of o...

Equinix Plans $22 Million Data Center in Lagos, Nigeria

Equinix

Colocation provider Equinix this week announced plans to invest $22 million in LG3, set to be located at 43 Saka Tinubu in the Victoria Island area of Lagos. The four-story facility is set to offer 610 sqm (6,570 sq ft) of colocation space.“LG3 marks a significant milestone in Equinix’s long-t...

Trillium Technologies Receives $300m for Cloud Platform

United States

Trillium Technologies has had a $300 million fully collateralized private placement debt approved for the development and monetization of compute credits for the Archeo Futurus cloud platform.Proceeds will be used to expand Archeo's infrastructure. Archeo was developed in collaboration with AM...

Firmus Raises AU$500m for Data Center Roll Out

Australia

Australian neocloud Firmus has raised AU$500m (US$327m) in equity for its data center rollout as it aims to expand its data center capacity to 1.6GW through 2028 under an initiative known as Project Southgate, for which the new funding will go towards.Firmus' co-CEO Oliver Curtis said: "This r...

Google to Invest €5.5bn in Data Centers in Germany

Google

Google has revealed a €5.5bn ($6.38bn) commitment to expanding its data center and office footprint in Germany.On the data center side, this will include a new facility in Dietzenbach – a town to the south of Frankfurt – as well as continued investments in Google's existing campus in Hanau. Th...

Data Centers Driving AU$17.5bn Goodman Group Construction

Goodman Group

Goodman Group expects its work-in-progress pipeline to hit a record AU$17.5 billion (US$11.3bn) next year, driven by the growth of its data center business. Goodman said it currently has AU$12.4 billion (US$8bn) of work in progress, with data centers representing 68 percent of this. The figure...

Omnia Joins TikTok's $9bn Data Center Project in Brazil

Brazil / Brasil

Omnia, the data center company owned by Brazilian investment fund Pátria, is to develop a data center in Brazil, with an estimated investment of 50 billion reais ($9.4bn), which will exclusively serve TikTok.The project is expected to consume an estimated 300MW of electricity, making it the la...

Harmoni Towers Secures $620m in Private Placement Financing

United States

Harmoni Towers has completed the closing of its inaugural $620 million private placement financing. According to Harmoni, the financing is backed by more than 1,700 high-quality macro tower sites underpinned by master lease agreements with major US wireless carriers."This inaugural financing m...

Lincoln Re-Purchases Arizona Data Center

Arizona

Real estate firm Lincoln has re-acquired a data center in Phoenix, Arizona at 2500 W. Frye Road in Chandler. Located on 14.5 acres, the 191,000-sq ft (17,740 sqm), 28MW facility features four data center halls, one of which is fully leased to a Fortune 500 enterprise user.“We are grateful to t...

Norway's Bulk Secures €410m Senior Secured Loan

Norway

Bulk Infrastructure has successfully closed a €410 million ($472.1m) senior secured loan to support the continued development of its N01 data center campus in the Vennesla municipality. The N01 data center campus is located on a three-square-km site next to a transformer station just outside o...

Vertiv Plans $1bn PurgeRite Acquisition

United States

Vertiv plans to acquire Purge Rite Intermediate, LLC, (PurgeRite) for $1 billion in cash plus up to $250 million based on achieving certain 2026 performance metrics. The deal represents approximately 10x expected 2026 earnings before interest, taxes, depreciation, and amortization (EBITDA) inc...

OpenAI Signs $38bn Multi-year Cloud Deal with AWS

Amazon AWS

OpenAI has signed a $38 billion seven-year agreement with Amazon Web Services (AWS) which will see the generative AI giant run its workloads on AWS infrastructure. Under the terms of the deal, OpenAI will have access to “hundreds of thousands” of Nvidia GB200s and GB300s via Amazon EC2 UltraSe...

Microsoft Signs $9.7bn Cloud Deal with Iren

Microsoft Azure

Microsoft has signed a $9.7bn deal with Iren to access the neocloud's GPUs. The agreement will give Microsoft access to Iren's Nvidia GB300s. The total value of the contract is $9.7bn, with Microsoft providing 20 percent in prepayment.Daniel Roberts, co-founder & co-CEO of Iren, said: “We’...

Fluence targets AI data centers with battery storage

TLDR: Fluence used its Q3 FY2025 call to spotlight AI data centers as a new growth vector for battery storage, saying it is working directly with leading operators while it tests ultra‑fast response solutions. Revenue rebounded QoQ to $602.5M and backlog held at $4.9B, but FY2025 revenue is no...

AtlasEdge Secures €253m Financing for Data Center Expansion in Lisbon, Portugal

AtlasEdge

European data center operator AtlasEdge this week announced it has secured €253 million ($294.8m) in green financing to support the development of its campus in Lisbon. The funds will be used to build out the first and second buildings at the company's new campus, delivering a 21.1MW capacity ...

AWS to Invest $5bn in South Korea Data Centers

Amazon AWS

Amazon Web Services (AWS) plans to invest a further $5 billion in data centers in South Korea, which will include the construction of new AI data centers in the Incheon and Gyeonggi regions. This investment builds on a previous $4 billion commitment to the country made in June of this year.Pre...

Stack Secures Green Financing for Data Center in Tokyo

Tokyo

Stack Infrastructure has secured a 39.7 billion yen ($247.7m) green financing package to develop its data center campus in Japan's capital, Tokyo. The first stage of the 36MW TKY01 campus in Inzai, Greater Tokyo, is set to come online next year, offering 18MW, with the additional capacity set ...

Switch Raises $659m with Green Bond Issue

United States

Las Vegas-based data center operator Switch has raised another $659 million, closing its fourth asset-backed securities (ABS) offering and taking the total it has received across the quartet to $3.5 billion.“The success of this transaction, and the overall growth of our platform, clearly demon...