Bain Capital acquires 80 percent stake in European data center firm AQ Compute, pledges multi-billion euro buildout
Aquila retains stake, will also pump money in
Aquila retains stake, will also pump money in
System currently undergoing “significant upgrades”
Company to build out 1,000 sqm at facility
Coalition aims to improve competition, resilience, and transparency in the cloud industry
Aims to use the battery to support the challenge of limited solar energy utilization
Sleath described the current queue for grid connections as “archaic,” with some developers waiting years for upgraded capacity
Data center planned to protect against uncertain market conditions
Debts have risen to around £11m
Will house 12 quantum computers
Facility will feature data hall, public education space, and offices
Will add 16 more locations by the end of the year
The scheme will be deployed in Leeds, Plymouth, Bristol, Stockport, Sheffield, and London
Company set to exit the site in 2025
The deal was approved last month
Existing facility to be demolished and rebuilt
Terms not disclosed
Identity of developer remains a mystery
Caused by power failure and cooling issue
Telco sells four data centers across Evere and Mechelen, with Cordiant acquiring half of the combined biz
Other unnamed companies are also interested
The plan's first iteration will be published in 2026 and will focus on electricity generation and storage
Takes over from Michel Paulin after six years at the helm
Company wants to focus on AI
And signs MoU to improve digital infrastructure in Cyprus