News
Apex Data Center Scrapped
6+ hour, 11+ min ago (620+ words) A'massive data center project in the Raleigh area is no longer moving forward, the Triangle Business Journal reported. Plans for the project, called New Hill Digital Campus, were pulled by Maryland firm Natelli Investments last week. The project was proposed'for…...
Data Center Developers Battle For Hearts And Minds For Their Projects
3+ day, 20+ hour ago (799+ words) A groundswell of community opposition to new data centers is forcing developers to invest in charm offensives to convince local officials that the asset class can be good for their communities. Doing community outreach is worth it, data center developers…...
Largest U.S. Grid Pitches Pathway For On-Site Data Center Power
6+ day, 2+ hour ago (577+ words) PJM Interconnection, the largest grid operator in the U.S.,is proposing new rules to open the door for data centers to get their electricitydirectly from power plants. PJM isasking federal regulators to approve changes to its rules governing "behind-the-meter" power agreements…...
Denver Mayor Proposes Moratorium On Data Center Construction
1+ week, 6+ day ago (347+ words) Denver Mayor Mike Johnston and some members of the city council'want to press pause on the development of new data centers in the city.' The process, which is expected to take months, will give officials time to review and strengthen…...
Illinois Governor Proposes Pause On Data Center Tax Credits
2+ week, 5+ day ago (266+ words) Citing concerns over costs and increased demand for energy,Pritzker proposed pausing the authorization of tax credits for new data centers to allow grid operator PJM to complete new renewable energy projects. The hope is thatthese projects will help reduce…...
DataBank Raising $1B By Securitizing 3 U.S. Data Center Assets
6+ mon, 2+ hour ago (735+ words) Data center firm DataBank is looking to raise $1.067B in funding by securitizing three data centers in major U.S. markets, an increasingly common financing strategy in the fast-growing sector." The Dallas-based data center provider plans to issue asset-backed securities backed by a…...
Developer Proposes 4M SF Data Center Campus Near Atlanta
3+ week, 6+ hour ago (356+ words) A developer is hoping to build a hyperscale data center campus in Hampton, Georgia, the latest in a flood of large-scale data center projects planned in the Atlanta market. Slated for a 603-acre site roughly 30 miles south of Midtown Atlanta,…...
Most Data Centers Now Being Built Outside Industry's Traditional Hubs
2+ week, 6+ day ago (669+ words) The data center development map is being dramatically redrawn, and a new report shows how that shift is accelerating." Since the advent of the sector, the vast majority of North American data center development has been clustered in a handful…...
'Built For This Moment': Data Center REITs Equinix, Digital Realty See AI Boom Hitting Inflection Point
3+ week, 2+ day ago (1007+ words) Equinix and Digital Realty have largely been on the sidelines of the'artificial intelligence data center gold rush. But after years of preaching patience, the world's largest data center landlords may finally be seeing the market swing back their way.' The…...
New Legislation Could Decide Future Of Data Center Development In Colorado
1+ mon, 5+ day ago (683+ words) Two opposing proposals in the Colorado legislature could either make the state a competitive home for data centers or dampen the potential for growth. A bill designed to encourage data centers to develop in the state, House Bill 26-1030, proposes a…...