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Category: Update

Weekly Data Centre Digest – 17th January 2025

Posted on by Zoe Towlson

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Reports

Synergy Research Group: It’s Official – Data Center M&A Deals Broke All Records in 2024. Read here.

Cushman & Wakefield: Asia Pacific Data Centre Construction Cost Guide. Read here.

Barclays: AI revolution: Meeting massive AI infrastructure demands. Read here.

JLL: 2025 Global Data Center Outlook. Read here.

Europe

UK Prime Minister sets out blueprint to turbocharge AI. Read here.

AI hyperscaler Nscale to invest £2 billion in the UK data centre industry. Read here.

Plans for £2bn AI centre in Essex will create 750 jobs. Read here.

Data center projects worth £14bn announced with new UK government AI plan. Read here.

UK Will Explore Nuclear Power for New AI Data Center Plan. Read here.

Data centre planning applications (UK) jumped 40% in 2024 amid surge in AI. Read here.

Caineal LLP Wickford (UK) data centre to cost £500million to build. Read here.

CoreWeave announces data centers hosting NVIDIA Hopper GPUs now operational in the UK. Read here.

Scotland’s DataVita to double data center capacity to 40MW. Read here.

Spanish AI firm Substrate AI plans 10MW data center outside Toledo. Read here.

MERLIN Properties and Edged Energy announced a partnership with Spanish regional Government of Extremadura to build two Gigawatt-Scale AI Data Center Campuses. Read here.

iGenius expects to complete $1 bln data centre project with Nvidia in the summer. Read here.

New data center planned in Erkrath, Germany. Read here.

Italy’s data centres to add 10 bln euros investments in 2025-26. Read here.

CyrusOne completes shell and core of FRA5 in Frankfurt, Germany. Read here.

Cordiant gets thumbs up for Belgian data centre acquisition. Read here.

Middle East & Africa

Abu Dhabi seeks bidders for unified data centre project. Read here.

KKR and Dubai’s Gulf Data Hub to invest more than $5bn to grow region’s data centre capacity. Read here.

Keystone submits application for two data centers in Israel. Read here.

NVIDIA Unveils $500 Million AI Data Center Expansion in Israel. Read here.

APAC

STACK Infrastructure has announced plans to build a new 220MW data center campus in Malaysia. Read here.

EdgeConneX prepares to break ground in Japan with 140MW AI data centre project. Read here.

CloudHQ and ESR Partner to Develop $2 Billion Data Center Campus in Japan. Read here.

ByteDance Expands AI Infrastructure with New Datacenter in Shanxi. Read here.

South Korea’s Woori Financial Group has invested $150million in two US data centers. Read here.

CapitaLand signs hyperscaler in India for 125 MW data centre capacity. Read here.

North America

Biden signs executive order to ensure power for AI data centers. Read here.

Aligned Data Centers Completes $12+ Billion Capital Raise. Read here.

Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth. Read here.

TECfusions announced the acquisition of 1395 acres in Upper Burrell, PA, for a groundbreaking data center project. Read here.

US hyperscaler planning 20+ Edge data centers. Read here.

Stack secures $900m in green financing for 200MW Virginia campus. Read here.

Stack Infrastructure announced its largest flagship development to date: the 1+GW Stafford Technology Campus in Stafford County, Virginia. Read here.

Prime Data Centers looks to expand at McClellan Business Park (California). Read here.

US operator H5 Data Centers and private equity firm Novacap are partnering to develop facilities across North America. Read here.

Black Mountain filed to rezone 141 acres in Forth Worth to allow for data center development. Read here.

BlackChamber secures $1.2bn funding for 740MW data centre expansion. Read here.

Bitcoin miner and artificial intelligence data center developer Gryphon Digital Mining is to develop a natural-gas powered facility in Canada. Read here.

Clayco launches Clayco Compute for data centres construction. Read here.

Alberta First Nation voices ‘grave concern’ over Kevin O’Leary’s proposed $70B AI data centre. Read here.

J.P.Morgan forecasts spending on data centers could boost US GDP by 20 basis points in 2025-26. Read here.

Amazon Web Services has filed to add 322 acres to its planned tech park in Spotsylvania County, Virginia. Read here.

Amazon Web Services (AWS) has purchased a parcel of land for its $2 billion data center campus in Sunbury, Ohio. Read here.

South America

AWS launches $5bn cloud region in Mexico. Read here.

Brazil’s Um Telecom launches data center arm. Read here.

200MW data center campus planned in Leopoldina, Brazil. Read here.

Other interesting articles

Grid constraints risk delaying data centre growth: report. Read here.

How data centres can make better neighbours. Read here.

Data eXec launches to redefine data centre leadership. Read here.

How Big Tech builds data centres. Read here.

The Global AI Arms Race Hinges on Access to Data Centers. Read here.

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DataX Connect Launches Sister Brand Data eXec

Posted on by Zoe Towlson

Southampton, United Kingdom, 13th January 2025 – Today marks the official launch of Data eXec, a sister brand to DataX Connect dedicated to placing senior-level executives in data centre organisations worldwide.

By building the company on strong relationships and a commitment to innovation, Inside Data Centre Podcast host Andy Davis aims to redefine the search process with a forward-thinking and unapologetically fearless approach to leadership talent acquisition.

Data eXec

About Data eXec

The data centre industry is a close-knit world—with familiar faces, shared events, and welltrodden conversations. Data eXec aims to connect those who want to bring fresh ideas and new perspectives, pushing boundaries to create what’s next in digital infrastructure. This service will be open to only ten companies across the globe.

Data eXec teams up with companies and places candidates who love pushing boundaries with bold ideas and fearless innovation, and the underlying purpose of the company is to drive impactful change by using data to tackle the world’s toughest challenges.

“We’ll find your key people. And make you famous.”


“What sets Data eXec apart from other recruitment companies is our depth of knowledge about the industry and the connections we have within it. Our search process is thorough, precise and completely bespoke to each role. The same process doesn’t work for all; we love creating personalised strategies that align with unique needs. We believe finding the right leaders goes hand in hand with strengthening companies’ brands to attract them. We have an employer branding agency in house who are experienced in showcasing vision, values, and culture.”
–Andy Davis, Director, Data eXec and DataX Connect

“At Data eXec, we connect exceptional leaders with transformative companies in digital infrastructure. Our mission is to shape leadership teams that don’t just navigate the future – they define it. We’re passionate about empowering the visionaries who push the boundaries of what data centres can achieve, driving meaningful change and powering the world’s digital future.”
–Liam Thomas, CEO, Data eXec and DataX Connect

Data eXec is poised to become the go-to executive search partner for digital infrastructure organisations across the globe. With its bold vision, innovative strategies, and commitment to excellence, the brand is set to redefine how senior-level talent is recruited in the data centre industry.

Visit www.dataexecsearch.com

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Applied Digital Agrees to Build a Partnership with Macquarie Asset Management for Funding of up to $5.0 Billion to Drive HPC Growth 

Posted on by Zoe Towlson

PRESS RELEASE – The $5.0 Billion Investment Can Support Over 2 GW of HPC Data Center Development

  • Funds managed by Macquarie Asset Management (“MAM”) to invest up to $900 million in the Company’s Ellendale High Performance Computing (“HPC”) data center campus (the “Ellendale HPC Campus”).
  • Agreement to provide MAM a right to invest up to an additional $4.1 billion across Applied Digital’s future HPC data center pipeline.
  • The MAM investment, in conjunction with future project financing, to be used to repay project-level debt and allow the Company to recover over an estimated $300 million of its equity investment in the Ellendale HPC Campus.
  • MAM’s investment will take the form of a perpetual preferred and 15% common equity interest of Applied Digital’s HPC business segment, providing Applied Digital an 85% ownership stake in both existing and future HPC assets (minimizing dilution to Applied Digital’s public stockholders).
  • Transformative agreement positions the Company to firmly establish itself as a top-tier HPC data center designer, builder and operator in the United States with its purpose-built and proprietary design to run advanced AI workloads for both training and inference.

DALLAS – January 14, 2025 — Applied Digital Corporation (Nasdaq: APLD) (“Applied Digital” or the “Company”), a designer, builder and operator of next-generation digital infrastructure for HPC applications, entered today into a $5.0 billion perpetual preferred equity financing facility, with investment vehicles of funds managed by MAM, for its HPC business conducted through APLD HPC Holdings LLC (“APLDH”), a subsidiary of Applied Digital.

Under the terms of the unit purchase agreement executed today, APLDH will issue perpetual preferred equity units and common equity units for an investment by MAM of $2.25 million for each executed lease of 1 MW of capacity, up to $900 million to support the full 400 MW build-out of the Ellendale HPC Campus, as further detailed below.

The investment proceeds from MAM, in conjunction with future project financing, will be used to complete the buildout of the 400 MW Ellendale HPC Campus, repay the existing bridge debt, currently outstanding at approximately $180 million, allow the Company to recover over an estimated $300 million of its equity investment in the Ellendale HPC Campus, fund platform G&A, and pay transaction expenses. MAM also has a right of first refusal on all future HPC data center project funding, up to an additional $4.1 billion for 30 months following close.

“We believe this expanded relationship with MAM positions Applied Digital for significant growth in the industry, establishing Applied Digital as one of the fastest-growing HPC data center owners, operators and developers in the United States. At today’s build costs, we will have a significant portion of the equity needed to construct over 2.0 GW of HPC data center capacity, including our Ellendale HPC Campus,” said Wes Cummins, Chairman and CEO of Applied Digital.

“With an 85% ownership stake in both existing and future HPC assets and access to a project-level preferred equity financing facility sufficient to fund our HPC project pipeline, we believe we are poised for transformative progress. We are excited to have MAM’s support as we establish ourselves as a leader in the Tier 3 data center infrastructure sector, while continuing to develop and operate large-scale, state of the art data centers for world-class customers at the forefront of the AI revolution.”

“We are excited to partner with Applied Digital to build and scale its HPC data center platform,” said Anton Moldan, Senior Managing Director of Macquarie Asset Management. “Applied Digital has a differentiated strategy with access to a unique near-term power portfolio across North America in markets attractive for computing needs which address the most demanding AI and other HPC applications at scale. The significant progress at the Ellendale HPC campus makes this a very compelling opportunity for us as well as for potential hyperscale customers. With our global experience as an owner and manager of data center platforms, we see this as highly attractive opportunity to help build an industry-leading HPC data center company well positioned in these high growth segments of the market.”

The preferred equity will accrue a dividend at a rate of 12.75% per annum, paid in kind or, at APLDH’s election, cash, which will increase by 87.5 basis points on the fifth and sixth anniversaries of the closing, if still outstanding. The preferred equity carries a minimum 1.80x multiple of invested capital liquidation preference, inclusive of the value of the common equity. The common equity represents 15% of APLDH’s fully diluted common equity at issuance. MAM’s equity can be redeemed by APLDH at any time after the fifth anniversary of the closing. The Company’s minimum equity contribution will be $1 million per MW for the rest of the Ellendale HPC campus and $750,000 per MW for the remainder of the HPC pipeline. The closing of the facility is conditioned upon APLDH executing a lease with a hyperscaler for its 100 MW Ellendale HPC data center under construction acceptable to MAM, completion of the APLDH limited liability company operating agreement and other ancillary documents, as well as other customary closing conditions. At closing MAM will fund $225 million with additional amounts drawable upon APLDH executing further leases acceptable to MAM, as well as other customary draw conditions.

As the demand for AI innovation accelerates, we believe Applied Digital will stand out as a leader in delivering next-generation data center solutions and GPU cloud services. With hard-to-find access to stranded power and advanced technologies like closed loop liquid-cooling, the Company aims to deliver an ultra-efficient platform tailored for the most complex AI and HPC workloads. We believe Applied Digital’s purpose-built data centers and cost-effective GPU cloud services are designed to power AI, machine learning, graphics rendering, and other critical applications, enabling clients to excel in a rapidly evolving technological landscape.

Northland Capital Markets acted as sole placement agent to the Company. Goldman Sachs & Co. LLC acted as senior financial advisor to the Company. Citizens JMP Securities, LLC and TD Securities acted as financial advisors to the Company. Needham & Company acted as financial advisor to the Company’s board of directors. Lowenstein Sandler LLP acted as legal counsel to the Company. Simpson Thacher & Bartlett LLP acted as legal counsel to MAM.

The securities described above have not been registered under the Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or an applicable exemption from registration requirements.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor may there be any sale of any securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Applied Digital

Applied Digital (Nasdaq: APLD) develops, builds and operates next-generation data centers and cloud infrastructure. Different by design, the Company’s purpose-built facilities are engineered to unleash the power of accelerated compute and deliver secure, scalable and sustainable digital hosting, along with turnkey CSaaS and GPU-as-a-Service solutions. Backed by deep hyperscale expertise and a robust pipeline of available power, Applied Digital accommodates AI Factories and beyond to support the world’s most exacting AI/ML, blockchain and high-performance computing (HPC) workloads.

About Macquarie Asset Management

Macquarie Asset Management is a global asset manager, integrated across public and private markets. Trusted by institutions, governments, foundations and individuals to manage approximately $633.7 billion USD in assets, we provide a diverse range of investment solutions including real assets, real estate, credit and equities & multi-asset.

Macquarie Asset Management is part of Macquarie Group, a diversified financial group providing clients with asset management, finance, banking, advisory, and risk and capital solutions across debt, equity and commodities. Founded in 1969, Macquarie Group employs over 20,000 people in 34 markets and is listed on the Australian Securities Exchange.

All figures as of September 30, 2024.

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AI hyperscaler, Nscale, to invest $2.5 (£2) billion in the UK data centre industry over the next three years 

Posted on by Zoe Towlson

Nscale’s AI data centres will support the UK Government’s AI Opportunities Action Plan and ambition to become a global leader in generative AI.

Nscale, the hyperscaler engineered for AI and headquartered in London, today announced plans to invest $2.5 billion in the UK’s data centre industry over the next three years. This significant expansion will include the development of advanced AI data centres in both fixed and modular formats, that are powered by clean energy and equipped with cutting-edge generative AI technology. 

Nscale has confirmed its first UK data centre with the purchase of a site in Loughton. The site is equipped to support 50MW of AI and HPC capacity, with the ability to scale the power allocation up to 90MW, all utilising advanced liquid cooling to support generative AI GPU deployments. The site is scheduled to be live in Q4 2026. This UK facility can house up to 45,000 of the latest Nvidia GB200 GPUs. This single site will create 500 jobs during construction and a further 250 jobs over a three year period to run and operate the facility. It will also stimulate the UK economy by attracting additional commercial investment and enable the UK AI startup community to thrive and prosper.

The company also plans to begin construction of multiple modular UK-based data centres in Q3 and Q4 of 2025, with further expansion of fixed data centres slated for the following years. Nscale’s investment supports the UK’s ambition to become a global leader in AI infrastructure by delivering a full stack of AI technologies and services. The new data centres will provide essential UK sovereign, secure and private AI computing infrastructure for industries, research institutions, and enterprises, ensuring data remains securely within Europe while driving innovation and stimulating economic growth.

Nscale’s investment in the UK data centre industry aligns with the UK Government’s AI Opportunities Action Plan, and demonstrates the powerful role public-private partnerships will play in the UK’s modern industrial strategy. This investment supports the UK’s ambition to enhance the nation’s AI capabilities and secure a leading position in global AI innovation by 2030.

Karl Havard, COO, Nscale

Josh Payne, CEO of Nscale, said: “Our investment in the UK marks a significant milestone in building next-generation AI infrastructure. This expansion will help us meet the growing demand for generative AI by deploying advanced GPU clusters more efficiently. Additionally, capital from our recent funding round will accelerate our global 1.3 GW pipeline of greenfield data centres, with 120 MW planned for development in 2025. This underscores our commitment to delivering sustainable, scalable AI infrastructure that drives innovation and economic growth.”

Karl Havard, COO of Nscale, added: “Data sovereignty is at the heart of our strategy. As our customers and prospects increasingly prioritise sovereignty in their selection of an AI cloud provider, our investment will create a secure, GenAI cloud for the UK – ensuring sensitive data stays within the country’s borders while enabling businesses to access cutting-edge AI capabilities. By combining sovereignty with high-performance AI infrastructure, we’re driving innovation, attracting additional investment into the UK economy, and proving that technological leadership can be built on secure, compliant, and purpose-driven foundations, that can be led from the UK.”

Science, Innovation, and Technology Secretary Peter Kyle said: “Nscale’s investment reinforces the UK’s standing as a global leader in AI and shows real confidence in our blueprint to turbocharge the use of the technology and how we’re delivering our Plan for Change to put AI to work for communities across the country.

“Their support will serve as a catalyst for innovation – sending a clear message that Britain is the perfect home from home to drive growth, deliver high-skilled jobs, and access the cutting-edge tools that will fuel the AI revolution.”

The AI hyperscaler’s data centre expansion plans are also expected to draw substantial overseas investment, accelerating the development of a sovereign AI cloud ecosystem at unprecedented speed and scale.

This investment is the latest in a series of significant milestones, reflecting Nscale’s continued commitment to driving innovation and delivering exceptional value to customers. Nscale recently announced it had raised $155 million in Series A funding to accelerate expansion across the UK, Europe and North America. The company announced a partnership with Open Innovation AI, a leading GPU orchestration platform in MENA, targeting the deployment of 30,000 GPUs over the next three years.  

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Weekly Data Centre Digest – 10th January 2025

Posted on by Zoe Towlson

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Europe

Lidl owner plans 200MW data center campus in Lübbenau, Germany. Read here.

A new 13 building data center campus could be coming to the borderlands of West Germany. Read here.

Vantage reveals plans for 10-building campus at former Ford car factory in Bridgend, Wales. Read here.

Microsoft completes Skelton Grange Plot 1 purchase for £53m (UK). Read here.

Massive new data centre could be built on green belt land near A127 in Wickford (UK). Read here.

Lumcloon Energy has plans to build a giant 250 MW data centre in Co Westmeath. Read here.

DMO has broken ground on data center outside Münster, Germany. Read here.

Data Center Partners have announced plans for a 17MW data center development in Munich, Germany. Read here.

Plans for new Durham Unviersity data centre set to be approved. Read here.

Data center firm Global Switch has confirmed that it is seeking an investor for its UK operations. Read here.

Mercury Engineering plans to create 1,000 jobs over next five years. Read here.

Data centre producer Ardmac sees 45% profit jump. Read here.

Greece lays the foundation to become a key data hub. Read here.

Middle East & Africa

EDGNEX Data Centers by DAMAC Announces Expansion into the U.S. Market with 2000MW projected future capacity. Read here.

APAC

Singapore-based Digital Edge raises $1.6bn. Read here.

Chinese data center firm GDS has rebranded its international unit to DayOne. Read here.

Yondr Group secures £732.9 million to finance Johor data centre. Read here.

Doma Infrastructure Group Announces Plans for AI-Ready Data Centre in West Sydney. Read here.

Microsoft to invest US$ 3 Billion in Cloud and AI infrastructure in India. Read here.

Keppel DC REIT to Divest Malaysian Data Center. Read here.

Australia’s Telstra and Ventia ink $1.2bn deal to boost digital infrastructure. Read here.

AWS to invest $5bn in Thailand with new cloud region launch. Read here.

Gamuda Acquires Freehold Land in Port Dickson, Develops 1,000MWs data centre in Seremban. Read here.

Japan’s NTT appoints banks for $1bln data center REIT IPO in Singapore. Read here.

North America

Donald Trump announced Dubai Billionaire pledged $20 Billion to build U.S. Data Centers. Read here.

Tract Capital introduces Fleet Data Centers, a new mega-scale data center development platform focused on customized 500MW+ campuses. Read here.

Data center park developer Tract is seeking to establish a second site outside Minneapolis, Minnesota. Read here.

Microsoft plans to invest $80 billion on AI-enabled data centers in fiscal 2025. Read here.

Microsoft has paused construction on parts of its $3.3 billion data center campus in Mount Pleasant, Wisconsin. Read here.

AWS plans to invest at least $11 billion in Georgia to expand infrastructure to support AI and cloud technologies. Read here.

A 13-building data center campus costing $17 billion has been proposed for Atlanta, Georgia. Read here.

Lincoln announces 540MW 131-acre data center campus in Dallas, Texas. Read here.

Powerhouse and Provident Partner to Develop Hyperscale Data Center Campus in Dallas-Fort Worth Metroplex. Read here.

Planned $12bn Hut 8 data center in West Feliciana Parish, Louisiana, gets green light. Read here.

Cloverleaf reveals plans for 1,000-acre data center campus in Port Washington, Wisconsin. Read here.

Data center firm TECfusions has acquired a former manufacturing site outside Pittsburgh, Pennsylvania, for a planned 3GW data center. Read here.

Gov. Tate Reeves announced on Thursday that the Dallas-based company, Compass Datacenters, is locating its next “hyperscale data center campus” in Meridian. Read here.

Bit Digital acquires Montreal site for 5MW data center. Read here.

RSC Investment Management has filed plans for a 1.9 million sq ft data center campus outside Atlanta, Georgia. Read here.

Donato Solar submits concept plan for solar powered data center in Illinois. Read here.

Serverfarm plans natural gas-powered data center in Georgia. Read here.

Revised plans by developer Balico LLC for a natural powered Data Center in Virginia have been recommended for refusal. Read here.

Iron Mountain Data Center has filed for a permit to expand its Manassas data center campus in Prince William County, Virginia. Read here.

TeraWulf inks ten year data center lease agreement with Core42 at Lake Mariner campus. Read here.

Nvidia’s $3,000 ‘Personal AI Supercomputer’ Will Let You Ditch the Data Center. Read here.

Blackstone raises $1bn for individuals’ infrastructure fund. Read here.

Deep Fission and Endeavour Energy LLC have committed to co-develop 2 GW of nuclear energy to power Endeavour’s expanding portfolio of data centres. Read here.

South America

Brookfield plans to sell Ascenty stake amid Brazil’s Data Boom. Read here.

Brazil Blossoms Into A Data Center Powerhouse With AI’s Rise. Read here.

V.tal’s Tecto acquires land for Sao Paulo data centre. Read here.

Other interesting articles

The Golden Opportunity for American AI. Read here.

Four key trends disrupting data centers in 2025. Read here.

Data Centers Need to Look Beyond Green Energy. Read here.

AI Needs So Much Power, It’s Making Yours Worse. Read here.

Land Barriers: How Zoning Regulations Could Stall Data Center Industry Expansion. Read here.

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Weekly Data Centre Digest – 20th December 2024

Posted on by Zoe Towlson

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Reports

Clean Power 2030 Action Plan: A new era of clean electricity (UK). Read here.

CBRE: 2024 India Data Centre Market Update. Read here.

Europe

Vantage Data Centers announced a €1.4B Investment in the company’s EMEA Data Center Platform. Read here.

atNorth announced it has secured a 30 hectare plot in the Sollefteå Municipality, in Hamre Industripark in Långsele, Sweden. Read here.

Verne unveils plans for next-generation sustainable 70MW+ data center campus in Finland. Read here.

IPTO and Serverfarm Join Forces to Spearhead Hyperscale Data Center Development and Operations in Greece. Read here.

Copenhagen Infrastructure Partners (CIP) has entered a power purchase agreement with Google in the Netherlands. Read here.

Huge data centres up to 23.5m (77ft) high could be built on the site of a planned film studio (UK). Read here.

TerraByte Data Centers launches exascale digital infrastructure platform. Read here.

Contract awards fall (UK) but data centres to drive 2025. Read here.

National Grid unveils £35bn plan to upgrade UK’s transmission infrastructure. Read here.

Middle East & Africa

Microsoft completes construction of Saudi Arabia data center region. Read here.

Africa50 announces US$ 15 million investment in Raya Data Center. Read here.

APAC

Indonesian officials are reportedly looking to try and convince Elon Musk to bring his xAI startup to South East Asia, including building new data centres in the country. Read here.

ST Telemedia Global Data Centres India has signed a Memorandum of Understanding with the Government of Uttar Pradesh in India for the development of an “AI City.” Read here.

Empyrion digital expands to Taiwan with new AI data centre planned for 2027. Read here.

Yotta Data Services seeks $500m for India data center expansion. Read here.

Giga Computing and Empyrion Digital Partner on AI-Ready Data Center in Taiwan. Read here.

Vantage announces inaugural bonds in the APAC region. Read here.

North America

WS to invest $23bn in Ohio by 2030. Read here.

Japanese telecom giant SoftBank to invest $100bn in US projects. Read here.

Duos Edge AI and Duos Energy to partner with Pampa Economic Development Corporation and Pampa Energy Center to develop high-density Data Center Development Parks. Read here.

Serverfarm Secures $747 million of Additional Financing Capacity to Capitalize on Rapidly Accelerating Demand from Hyperscale Customers for Cloud and AI Deployments. Read here.

Rowan Digital Infrastructure has received the go-ahead for two of its data center projects in Frederick County, Maryland. Read here.

A joint venture between investment firm Harrison Street and AREP’s PowerHouse Data Centers unveiled plans to invest $1 billion in six data centres in Virginia’s Data Centre Alley. Read here.

Denver-based data center operator Cologix is set to invest $7 billion in Licking County, Ohio. Read here.

Cohere secures federal backing to build multibillion-dollar Canadian AI data centre. Read here.

Data center planned on 114-acre plot in Rome, Georgia. Read here.

Microsoft, QTS plan big data centers in Irving. Read here.

Applied Digital announces Ellendale HPC data center development milestone. Read here.

Lincoln Property Company Acquires Operational Data Center in Atlanta Metro. Read here.

Data center could be on its way to Covington. Read here.

Biden drafting plan for construction of AI data centers on federal lands. Read here.

NorthWestern Energy Group, Inc. announced it has signed a letter of intent to provide energy services for a developer planning new data centers in Montana. Read here.

Nuclear startup Oklo and data center operator Switch are aiming to deploy 12 gigawatts of new nuclear power by 2044. Read here.

NANO partners with Digihost on nuclear-powered AI data centre. Read here.

Databricks Raises $10bn In Huge AI Funding Round. Read here.

South America

Brazil approves legislation for Latin America’s first mega $90bn data centre city. Read here.

The datacenter projects set to be activated in 2025. Read here.

Other interesting articles

How big tech builds data centres. Watch here.

London calling: The outlook for the UK’s data center market in 2025. Read here.

Top 10 tips for data centre development in urban areas. Read here.

Data centres are sleeping giants and AI is making them wake up hungry. Read here.

Will Bitcoin and Data Centers Soon Heat Your Home? Read here.

Key trends shaping the UK data centre landscape in 2025. Read here.

Ireland wanted to build data centres for the AI boom. Now they fear blackouts. Read here.

Join the Data Centre Club on LinkedIn.

You can now receive data centre news direct to your email. Subscribe via Substack.

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Independent Power Transmission Operator and Serverfarm Join Forces to Spearhead Hyperscale Data Center Development and Operations in Greece

Posted on by Zoe Towlson

Athens, 16th December 2024 — The Independent Power Transmission Operator (IPTO) of Greece and Serverfarm, a global data center developer and operator, announced today the signing of a Heads of Agreement regarding the formation of Gemini, a Joint Venture with the objective of developing and operating state-of-the-art, hyperscale-ready data center facilities in Athens and elsewhere in Greece, on sites owned by IPTO.

This strategic alliance marks a significant milestone in advancing Greece’s digital infrastructure and fostering sustainable growth in the data-driven economy.

Gemini will combine the collective expertise and resources of two leading entities in their respective fields. IPTO, as a crucial pillar of the Greek energy sector, plays a pivotal role in managing the country’s electricity grid, ensuring stability, and embracing renewable energy solutions.

Leveraging its extensive experience, IPTO will be providing reliable and sustainable power supply, essential for supporting data center operations along with strategically located sites with access to power and optical fiber networks, as well as other operational resources. Serverfarm, as an expert in data center development and operations globally, with a strong track record in commercial real estate ventures, will be bringing unparalleled industry experience and advanced design and operational know-how, ensuring that the Joint Venture will become a point-of-reference for data center services in Greece.

Gemini plans to construct and operate hyperscale-ready data center facilities in the Greater Athens Area, leading initially with a campus with committed power of 130MW, creating the foundations for establishing a robust digital ecosystem to meet the escalating demands of cloud service providers, content delivery networks and enterprises.

The data centers will be designed with a focus on energy efficiency, utilizing state-of-the-art cooling technologies and renewable energy sources to minimize their environmental impact, creating an unparalleled platform for hyperscale computing in Greece. The Joint Venture envisions Athens as a prominent digital hub, offering secure, reliable, and low-latency data center facilities to national and international clients, bolstering Greece’s position in the global data economy.

The Founder and CEO of Serverfarm, Avner Papouchado, said:

“As leading tech and hyperscale organizations continue to expand into Greece, we see a great opportunity to leverage our expertise in this region. Our strategic partnership with IPTO, underscores our mission to invest in transformative projects that create long-term value. The Greek data center market is still one of the most under-served in Europe, but at the same time, its geographical location makes it ideal to serve as a data gateway between continents. Our collaboration with IPTO in creating Gemini and our shared commitment to excellence and sustainability, will enable us to leverage this immense potential to offer high quality, data center services in Greece. Our goal is to cater to the growing needs of hyperscale customers in the area and elevate Athens as a major hub for the industry, shaping the digital landscape in the broader region.“

The Chairman and CEO of IPTO, Manos Manousakis, said:

“IPTO is building critical infrastructure for tomorrow’s electricity and telecommunications backbone networks throughout Greece and beyond, interconnecting the future. We are delighted to partner with Serverfarm, through Gemini, to deliver world-class data center facilities in Greece. Serverfarm’s vast experience in developing state-of-the-art data centers, coupled with IPTO’s robust energy infrastructure and its strategic location at the crossroads of continents, will create an unparalleled platform for hyperscale computing in Greece, catering to the escalating demand for digital services in the region. This alliance symbolizes a significant milestone for Greece’s digital transformation, which is poised to build the foundation for a flourishing data-driven economy in Greece. In this way, we fully exploit synergies and create win-win business opportunities, transforming Greece into a critical energy and data hub of high geopolitical value, at the crossroads of Europe, Africa and Asia.”

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Weekly Data Centre Digest – 13th December 2024

Posted on by Zoe Towlson

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Europe

Seven consortia selected to establish AI factories which will boost AI innovation in the EU. Read here.

AI hyperscaler Nscale secures $155 million in Series A. Read here.

UK gov grants data centres national priority status to speed up planning permissions. Read here.

PATRIZIA have welcomed the approval of development plans for a 700,000 sq ft 140MW data centre in Iver, Buckinghamshire (UK). Read here.

Councillor warns Buckinghamshire will be ‘covered in data centres’ after controversial Government approval. Read here.

Plans submitted for new £250m data centre in Salford that could boost technology in the city. Read here.

Pure Data Centres completes substructure at London expansion. Read here.

NorthC Datacenters announced plans to expand in Germany. Read here.

Ori Industries is to become the first company deploy Nvidia’s new H200 chips in the UK. Read here.

Data centre’s waste heat repurposed for Queen Mary campus. Read here.

Arelion and Aruba unveil new data centre partnership in Rome. Read here.

Drogheda data centre would compromise ability to comply with carbon limits, An Taisce warns. Read here.

Verne appoints industry veteran Bill Stein to board. Read here.

Middle East & Africa

Raya Holding and Africa50 partner on Tier III Data Centre in Egypt. Read here.

Hormuud CEO announces plans for more green data centers in Somalia. Read here.

Microsoft completes construction of Saudi Arabia data center region. Read here.

APAC

Thailand Emerges as a Favorite Pick for Data Centre Investors. Read here.

Doma Infrastructure Group announced plans to develop 1.5GW of data center parks in Thailand. Read here.

Bangkok land deal paves way for $500m data centre. Read here.

Microsoft extends Azure cloud infrastructure to Western Australia. Read here.

CDC Data Centres seeking minority stake sale as valuation doubles in six months. Read here.

GDS International secures $1.2bn in upsized Series B funding round. Read here.

Microsoft launches first NZ hyperscale data centre. Read here.

Vitro is planning a 100MW data center in the Philippines. Read here.

Sharp and KDDI enter into MoU for AI data center. Read here.

NTT Data to Build 290MW Data Center in Johor Bahru. Read here.

AWS India buys land parcel near Mumbai. Read here.

Vantage Data Center announced it has successfully issued its inaugural bonds in the Asia-Pacific region through its wholly-owned subsidiary, PowerDC Holdco Pte. Ltd. Read here.

DigiCo REIT slumps in debut after marking Australia’s biggest IPO in six years. Read here.

North America

White House weighing executive action to spur data centers. Read here.

Hut 8 surged Thursday on chatter that the bitcoin miner is partnering with Meta on a multibillion dollar artificial intelligence data center project. Read here.

Google has a $20B plan to build data centers and clean power together. Read here.

AVAIO Digital to Build $3 Billion Data Center Campus on 452 Acres in Appomattox County, Virginia. Read here.

Cohere to build ‘multibillion-dollar’ data centre in Canada. Read here.

Kevin O’Leary proposes ‘Wonder Valley’ in Alberta, billed as world’s largest AI data centre park (7.5GW). Read here.

Data center investment firm Cloud Capital has raised more than $1 billion in securitized funding. Read here.

Energy Vault and RackScale Data Centers Announce Strategic Partnership to Accelerate Delivery of 2GW of Power to Data Centers. Read here.

CyrusOne has acquired a data center it was leasing from PowerHouse Data Centers in Virginia. Read here.

Yondr Group has secured a 4.5-acre site in Toronto to develop its first Canadian data center (27MW). Read here.

Sharon AI, New Era Helium expand capacity of planned natural gas-powered data center in Permian Basin. Read here.

Crusoe Closes $600M in Series D Round at $2.8 Billion Valuation to Power AI. Read here.

Blue Owl-Led Group Lands $600 Million Financing for CoreWeave Data Center. Read here.

Prologis has sold a data center development in Chicago, Illinois to HMC Capital. Read here.

Hanover, Ashland split over data center park proposal. Read here.

How Amazon is making its data centers even more sustainable. Read here.

Microsoft: Sustainable by design: Next-generation datacenters consume zero water for cooling. Read here.

Google: Meet Willow, our state-of-the-art quantum chip. Read here.

Oracle signs up Meta for AI training deal. Read here.

Vertiv and Compass unveil hybrid cooling solution for AI data centres. Read here.

Equinix stock soars as Wells Fargo raises price target. Read here.

Lumen Orbit, a Seattle-area startup that wants to put data centers in space, raises $11M. Read here.

Chevron and Exxon are both planning to venture into the electricity supply business to take advantage of the surge in demand expected to come from the proliferation of data centers. Read here.

New Era Helium and Sharon AI Expand and Accelerate Plans for a Net-Zero Energy Data Center in the Permian Basin. Read here.

South America

Chile has announced a data centre plan up to 2030 aimed at tripling the size of its industry within five years. Read here.

Other interesting articles

When a Giant Data Center Comes to a Small Town. Read here.

Data centre boom under AI growth in Ireland threatening climate targets, report warns. Read here.

Datacloud trends to watch in 2025: What’s next in the digital landscape. Read here.

Dell Predicts Major Data Centre Architecture Shift for AI. Read here.

Kevin O’Leary is Building the World’s Largest Data Center. Watch here.

AI demand reshaping data centres with new challenges ahead. Read here.

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Wonder Valley: The Largest AI Compute Data Centre Park On Earth

Posted on by Zoe Towlson

Kevin O’Leary in cooperation with the Municipal District of Greenview to develop the world’s largest AI Data Centre Industrial Park ‘Wonder Valley’ in the Greenview Industrial Gateway (“GIG”) near Grande Prairie in North West Alberta, Canada.

Canada, 9th December 2024 — The Municipal District of Greenview is proud to announce a groundbreaking partnership with O’Leary Ventures to build an off-grid natural gas and geothermal power infrastructure to support the largest AI data centre industrial park in the world. The GIG has signed a Letter of Intent with O’Leary Ventures for the purchase and development of thousands of acres of land within the Greenview Industrial Gateway and to the south of the GIG. This transformative project is both a monumental achievement for Greenview and a pivotal moment for Alberta, Canada, and North America in terms of global business investment.

Wonder Valley, which will be rolled out in multiple phases, marks the creation of an entirely new industry sector for the region and country. The scope and scale of this development will provide a massive influx of job opportunities during construction and beyond, bringing long-term employment and driving economic growth. With the addition of job opportunities and a highly skilled workforce, the development will also stimulate a significant rise in tax revenue, bolstering local and regional economies.

“This is fantastic news for Alberta. Our efforts to attract investment, grow our technology and innovation sector, and leverage our natural and human resources are being noticed. I’m excited to watch this project unfold in the months and years to come.” said Alberta Premier, Danielle Smith.

“The GIG project is proof that Alberta is a destination of choice for data centres and their corresponding power generation infrastructure. This exciting announcement from O’Leary Ventures demonstrates that the work our government has done over the last nine months to promote Alberta to data centre operators and investors is paying off. Alberta is open for business, and we’re just getting started.” states Minister of Technology and Innovation, Nate Glubish.

“This is more than just an investment in land; it’s an investment in the future of innovation and economic expansion for Canada,” said Tyler Olsen, Reeve of the MD of Greenview. “We’re excited to take this step forward, creating lasting benefits not only for our Municipality but for the surrounding communities, and the country as a whole.”

“My joint venture team led by Paul Palandjian, CEO O’Leary Ventures and Carl Agren, CEO, HPC and AI Data Centres, has sourced what we believe is the most compelling site in all North America to generate and offer 7.5 GW of low-cost power to hyperscalers over the next 5-10 years. Given existing permits, proximity to stranded sources of natural gas, pipeline infrastructure, water and a fiber optic network within just a few kilometers of the Greenview Industrial Gateway, we will be in the ground and up and running sooner than any scale project of its kind.” said Kevin O’Leary, Chairman of O’Leary Ventures.

“We will engineer and build a redundant power solution that meets the modern AI compute reliability standards. The first phase of 1.4 GW will be approximately US$ 2 billion with subsequent annual roll out of redundant power in 1 GW increments. The total investment over the lifetime of the project will be over $70 billion when considering the infrastructure, power, data centres and ancillary structures.”

“The GIG’s ideal cold-weather climate, a highly skilled labor force, Alberta’s pro-business policies and attractive tax regime make the GIG the perfect site for this project. We want to deliver transformative economic impact and the lowest possible carbon emissions afforded to us by the quality of gas in the area, our efficient design and the potential to add Geothermal power as well. Together, these factors create a blueprint for sustainability and success that can be recognized worldwide. This is the Greenview Model,” said Mr. O’Leary.

“One of our core values for the project is to engage with First Nations Indigenous communities to create a mutually beneficial relationship and one that honors the people and the lands for many years to come,” said Paul Palandjian, CEO – O’Leary Ventures.

The unique project is expected to attract attention from global investors and industry leaders, setting a new benchmark for large-scale data infrastructure projects worldwide. Beyond jobs and financial benefits, this venture promises to establish Alberta and Canada as world leaders and as a center of excellence in this emerging industry.

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AVK and Rolls-Royce Reinforce Commitment to Net-Zero, with Record-Breaking Year for HVO-Powered Generator Sales 

Posted on by Zoe Towlson

With over 500 HVO-powered mtu generators sold and delivered to the data centre sector, representing nearly 1.3 GW of standby power capacity, AVK’s and Rolls-Royce’s partnership exemplifies the scale, sustainability and dependability essential for today’s mission-critical environments. Cumulatively, AVK has now delivered over 3.5 GW of standby power, reinforcing their role as a cornerstone of the data centre ecosystem. 

London, United Kingdom, 5th December 2024 — AVK,  the UK’s fastest-growing supplier of innovative power solutions for data centres in Europe, and the business division Power Systems of Rolls-Royce, a global leader in power generation, have announced a record-breaking year of sales and collaboration.  

During 2024, the number of mtu generators from Rolls-Royce delivered by AVK has exceeded 500, these are HVO-ready and primarily sold into data centre, industrial and buildings sectors, underscoring the market’s trust in AVK and Rolls-Royce’s forward-thinking, robust power solutions, and positioning them as a foundational cornerstone of the data centre ecosystem.  

Additionally, AVK has further orders for an additional 120 HVO-powered gensets, marking a significant milestone in the company’s joint sustainable power deployments, and reinforcing their commitments to reducing carbon emissions through innovative power solutions. 

As large-scale and energy-intensive businesses strive to meet ambitious climate change targets, AVK and Rolls-Royce continue to provide innovative prime power solutions that prioritise sustainability, without compromising reliability. Their joint offerings, for example, include HVO (Hydrotreated Vegetable Oil)-powered generators, which reduce net CO2 emissions by up to 90% andH2 ready gas gensets, designed to decarbonise the energy mix for data centres, financial institutions, the healthcare, and industrial sectors. 

During the past year, AVK and Rolls-Royce have supported various high-profile projects by providing sustainable, standby power solutions which have garnered strong demand from customers across the UK, Ireland, and Europe. Critical deployments include cutting-edge data centres and major London-based commercial real estate developments – all of which are leveraging Rolls-Royce’s advanced mtu Series 2000 and 4000 Gensets, which can be fuelled with by HVO. 

Ben Pritchard, CEO of AVK, highlights the importance of this milestone: “In an era where sustainability is paramount, our partnership with Rolls-Royce Power Systems sets a new standard for reliable and environmentally friendly prime power solutions. By providing businesses with access to HVO-powered generators and engineering expertise at-scale, our customers have an immediate pathway to reduce emissions while maintaining the highest levels of resiliency and power reliability and resiliency.” 

Ben Pritchard on the Inside Data Centre podcast with Andy Davis

Vittorio Pierangeli, Vice President Global Powergen at Rolls-Royce, commented, “AVK and Rolls-Royce have cultivated a robust alliance to address today’s energy challenges. Together, we are meeting the immediate demand for dependable power and paving the way for a more sustainable energy landscape with solutions that our customers can rely on for years to come.” 

Meeting Net-Zero Goals with HVO and Hydrogen-Powered Solutions 

The AVK and Rolls-Royce partnership is encapsulated by a commitment to climate-neutral technology. In addition to HVO-powered generators, which garner a significant reduction in CO2, nitrogen oxide, and particulate emissions, Rolls-Royce is developing gas engines and power plants for operation with a hydrogen admixture of up to 25 per cent by volume and for operation with 100 per cent by volume. .  

These advanced solutions will support AVK’s mission of providing its customers with a viable pathway to net-zero , meeting both regulatory requirements and environmental responsibilities. 

For more information about the partnership, visit the website.  

AVK website

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