The Energy & Sustainability Supplement
A sustainable future for data centers
News - Investment / M&A / Financing
The latest news from the AI, data center, telco, chip, and cloud sector
The Energy & Sustainability Supplement
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Zain, Ooredoo launch first phase of Middle Eastern tower JV
The tower JV comprises 4,000 towers
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Nvidia in talks to invest in Firmus after failed IPO - report
Could invest hundreds of millions of dollars in neocloud
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Singaporean tech company Sea Ltd. launches neocloud subsidiary
Sea Cloud will offer cloud AI services to enterprises around the world
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SC Capital Partners invests in 40MW data center in Pohang, South Korea
Data center being developed with NeoAI Cloud
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Nexfibre rejects "fundamentally flawed" CMA verdict on £2bn Netomnia acquisition
Declines to offer remedies to regulator
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Veon to acquire rival Perfectum in $207m Uzbek consolidation push
Five could become four in Uzbekistan's telecoms market
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South Korean cloud provider Elice goes public on Kosdaq
Company raises $150 million, but share price drops sharply overnight
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Blackstone closes latest energy transition fund at $8.7bn, backs several data center focused energy firms
Closed 50 percent higher than the previous fund
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CBRE acquires data center services firm Onnec
Initial purchase price of $610 million
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AI chip startup Tenstorrent raises $1.5bn at $6.2bn valuation
Funding will support ongoing development of company’s Galaxy servers
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Apax Partners to take full ownership of Dutch telco Odido
Will see Apax Partners complete a full takeover of the carrier
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Valor Energy acquires computing site in Youngstown, Ohio
Company looks to pivot 18MW site into an AI data center
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Microsoft pulls out of delayed Nscale data center in Loughton, Essex
Would have been Nscale's anchor tenant at the site
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Optical switching startup Salience Labs raises $125m with AMD and Intel participating in round
Series B raise will support continued development and deployment of optical circuit switching technology
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AI cloud Modal raises $750m in Series D funding round
And other neocloud startup news
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Pause in US data center construction could lead to recession, BlackRock CEO warns
Slowed buildout could turn massive investment into a massive crash
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Siemens makes strategic investment in energy infrastructure firm Skeleton Technologies to bolster AI data center offering
Also signs an exclusive partnership agreement
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City of New York awards NYU $29.2m to establish a Quantum Fabrication Facility
QFab will offer quantum chip manufacturing and testing capabilities, alongside workforce training programs
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LightEdge/Lumen-occupied data center in Austin, Texas, up for sale
Fully-leased facility seeks new landlord
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GlobalFoundries to build and operate two new chip fabs in NY as part of $21bn US-Japan deal
First facility is expected to be operational in 2029
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Digi Power X secures $200m in debt financing for Alabama data center project
Will support the development of a 40MW data center in Columbiana, Alabama
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UK-based AI infrastructure firm Gorilla Technology Group to enter US market with proposed 6MW data center acquisition
Site has the potential to expand to 36MW
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Thailand’s Gulf sets up new data center-focused holding company
Continues digital infrastructure expansion
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Fermi and AMD sign credit support deal for build-out of Project Matador campus in Amarillo, Texas
Chip firm will support first 222MW data center, due to be delivered next year
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AT&T to sell Mexico unit to Grupo Televisa and Fintech Holdings for $2bn
An exit from the market has been on the table for a while
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Simple Mining buys Sphere 3D cryptomine, grows Iowa footprint to 160MW
$1.5m purchase closed on September 1
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DayOne secures $3.67bn in funding for Malaysia expansion
Consists of $2.4bn offshore loan and 5.5 billion ringgit Murabahah facility
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VivoPower starts construction at 42MW Mo i Rana data center in Norway
To spin off 2.2GW non-Nordic AI data center portfolio into a new listed firm