Lenders committed $121bn to US data center construction in 2025
Virginia continues fall-off in data center investment
Virginia continues fall-off in data center investment
Developer reportedly lacked transparency in discussions around the site
Loan will be used to refinance existing debt associated with campuses
Costs of exemptions increased 118 percent year-over-year
Downturn in Georgia film industry has led to an oversupply of space
Availability is down and capital investment is lagging
But there is fierce opposition to the project
Utilities are planning trillions in investment over the next decade
But state remains “undisputed” global data center market leader
Q3 saw a record 7.4GW of data center leasing