Work on facility could start next year

Largest ever deal in the data center space

Ten buildings totaling 540,000 sqm planned in Blyth

And tops out TOK2 facility in Japan

Advanced talks ongoing between the companies

New government courts operators in bid to attract funding

Predicts $2 trillion in global build out

Bids for AU$15bn company submitted over the weekend

Company has warchest of almost $10 billion

News comes as bidders line up for data center operator

Investment will clear debts and cover dividend payment

Plan could see $12.5bn investment into the North East

Rumours of the deal were first reported in February

Blackstone is said to be the front runner to clinch a deal

Company to use funds to build out 80MW SLC-03

KKR, DigitalBridge, Blackstone, Stonepeak, GIC, amongst those in running for 24 percent stake in Indian data center unit

Asset manager laying groundwork for offer?

Data center construction firm valued at around £700 million

Will lead to 500MW of IT capacity in US and Europe

Expands European footprint in the process

Cashing in on generative AI hype for a large expansion

Has already spent $1bn on buying land for AI land grab

Emerson climate technologies unit valued at $14bn

First phase due live in 2025, company reportedly exploring second site in Mahape