STACK Infrastructure Reinforces Responsible Development Principles through Project Jupiter in New Mexico
STACK Infrastructure announced its role in Project Jupiter, a proposed next-generation data center campus in Doña Ana County, New Mexico, in collaboration with BorderPlex Digital Assets. If approved, the project would be one of the largest private investments in the state’s history, with up to $165 billion invested over its term. It is expected to create more than 2,500 construction jobs and at least 750 permanent jobs, while generating hundreds of millions in tax revenue and more than $300 million in direct payments to support schools, infrastructure, and local services. “We’re excited for the major impact this historic opportunity will have in helping our economy grow,” said Scott Andrews, Doña Ana County Manager.
The project highlights STACK’s principles of responsible siting, sustainability, and community stewardship. Water use will be minimized with a one-time fill cooling system, plus tens of millions invested in drinking water and wastewater improvements. “At STACK, our responsible development principles are the foundation for every project we pursue,” said Brian Cox, CEO of STACK Americas and STACK EMEA. To ensure no burden on local ratepayers, Project Jupiter will operate with its own dedicated on-site microgrid, bringing additional generation capacity and complying with New Mexico’s Energy Transition Act. “Growth infrastructure isn’t just about powering tomorrow’s technology – it’s about putting communities first,” said Lanham Napier, Chairman of BorderPlex Digital Assets.
Viettel launches $1 billion data centre and R&D projects in Vietnam
Viettel has launched two major national projects in Vietnam: the An Khanh Data Centre in Hanoi and the Viettel Research & Development Centre, with a combined investment of around US$1 billion. The R&D centre will act as Viettel’s core technological hub under its Vision 2035 strategy and play a key role in developing Vietnam’s High-Tech Defence Industry Complex. Meanwhile, the An Khanh Data Centre is set to become one of the country’s largest hyperscale facilities, serving government agencies, the Ministry of National Defence, and commercial users, strengthening Vietnam’s digital infrastructure.
These projects are part of a broader national programme that launched 250 initiatives across 34 provinces and cities. Viettel has been rapidly expanding its data centre footprint, including a new 140MW campus in Ho Chi Minh City announced earlier this year, with goals of adding 450MW of capacity and four subsea cables by 2030. According to Cushman & Wakefield, Vietnam currently has 51MW of operational capacity. Alongside Viettel, players such as VNPT, ST Telemedia Global Data Centres, and VNG Group are also investing, while a proposed US$2 billion hyperscale data centre by UAE-based G42 has faced regulatory challenges.
Macquarie invests in Fermi America to support development of 11GW AI campus in Amarillo, Texas
Fermi America has raised $350 million to advance its 11GW HyperGrid AI data center campus in Amarillo, Texas. The funding includes $100 million from a Series C equity round led by Macquarie Group and a $250 million senior loan facility from Macquarie’s commodities and global markets business. “Macquarie’s leadership in both our Series C and senior loan facility underscores their conviction that our speed of execution is based on our team’s experience in real-time power generation and construction,” said Fermi America co-founder & CEO Toby Neugebauer. The project is set to become one of the largest data center complexes in the world, spanning 18 million sq ft and powered by natural gas, solar, wind, and nuclear energy.
To meet its ambitious energy goals, Fermi has already acquired more than 600MW of natural gas generation assets and plans to deliver 1GW of AI power by 2026. Long-term, the site will rely on four Westinghouse AP1000 nuclear reactors, with licensing underway in partnership with Westinghouse. Additional agreements include an MoU with Hyundai for a nuclear-based hybrid energy project and another with Doosan Enerbility to support the nuclear buildout. Co-founded by former US Energy Secretary and Texas governor Rick Perry, Fermi is developing the project with Texas Tech University System, and geotechnical work has already begun on the campus.
NTT and At Tokyo partner for Osaka data center initiative
NTT and At Tokyo are partnering to develop data centers in Western Japan, focusing on Osaka and Fukuoka. “In this initiative, the three companies will combine their respective strengths to develop next-generation digital infrastructure with Osaka and Fukuoka as core hubs, aiming to drive growth across Asia from Western Japan,” the companies said. The initiative aims to make Osaka an “alternative to Tokyo,” expanding data center clusters in the Dojima and Sonezaki areas and strengthening regional information distribution foundations.
NTT SmartConnect, a wholly-owned subsidiary of NTT West, brings a “proven track record” in operating data centers in Dojima and Sonezaki and managing the Dojima Connect fiber network. NTT West provides communications solutions across western Japan, with at least one data center in each of the 30 prefectures in the region. Globally, NTT operates over 1.5GW of data center capacity across 20 countries. At Tokyo operates 13 data centers in Japan and is backed by investors including Tokyo Electric Power (Tepco), security company Secom, and IT consultancy Intec.
Amazon launches AWS New Zealand region with $4.4 billion investment
Amazon Web Services (AWS) has launched its first infrastructure region in New Zealand, investing NZD 7.5 billion (US$4.4 billion) to establish the AWS Asia Pacific (New Zealand) Region, which includes three availability zones. The development marks AWS’s sixteenth region in Asia Pacific and expands its global footprint to 120 availability zones across 38 geographic regions. The new region is expected to contribute NZD 10.8 billion (US$6.35 billion) to New Zealand’s GDP over time and support the creation of around 1,000 jobs annually, providing local organisations with secure infrastructure for digital growth and transformation.
AWS has been expanding its presence in New Zealand since 2013, with subsea cable links, CloudFront edge locations, an AWS Local Zone, and Direct Connect locations in Auckland. The New Zealand region is part of Amazon’s broader global infrastructure expansion, which includes US$30 billion for AI infrastructure in the US, AU$20 billion (US$13 billion) in Australia, and US$20 billion in Pennsylvania. The company reported US$31.4 billion in capital expenditures in Q2 2025, driven by investments in data centers, servers, infrastructure, and AI tools, with full-year CapEx projected at US$105–110 billion.
Kao Data plans two new data centers at campus in Harlow, UK
Kao Data is expanding its Harlow, UK campus with plans for two new data centers, KLON7 and KLON8, along with a substation and supporting infrastructure. The company submitted a Local Development Order (LDO) compliance application to Harlow District Council to ensure the project meets planning regulations. KLON7 will be 24,275 sqm (261,295 sq ft), while KLON8 will be 11,655 sqm (125,455 sq ft). The campus already hosts two operational data centers, KLON-01 and KLON-02, each offering 10MW, and recently announced KLON-03, a 17.6MW facility.
The Harlow site, owned by Powerrapid Ltd, has a history of planning disputes, with the council previously attempting to acquire the land for the nearby Harlow Science Park. Kao Data, launched in 2015, opened its Harlow campus in 2018 and houses Nvidia’s Cambridge-1 supercomputer. The company, named after Nobel laureate Sir Charles Kao, is owned by Infratil, Legal & General, and Goldacre, and also operates a data center in Slough, a former Barclays facility in Northolt, and is developing a new campus in Manchester.
Karis Critical purchases 115 acres for data center in New Albany, Ohio
Karis Critical has purchased 115 acres of land in New Albany, Ohio, at 4500 Beech Road NW along Route 62, with plans to build a data center. The land, sold by Deborah Tripp and Sharon Smart, was previously approved for rezoning and annexation in July 2025. Details of the Ohio facility have not yet been shared.
Earlier this year, Karis also acquired land in Hoffman Estates, Chicago, where it plans to build two data center buildings over two phases, along with a new substation. Each building will span 211,000 sq ft (19,602 sqm), with Phase I delivering 36MW of capacity. The Hoffman Estates site is expected to generate $998,000 in annual property tax revenue. Karis Critical, which invests in land, energy, and infrastructure for data centers but does not operate them, has a portfolio spanning Ohio, Illinois, Colorado, and South Carolina, and is developing multiple sites near Columbus, a major data center hub.
300 acres of land in Preble County, Ohio, could host data center campus
PRSM has applied to rezone 300 acres of land in Preble County, Ohio, south of I-70, from agricultural to limited industrial use to facilitate the development of a potential data center campus. The developer hopes to market the site to hyperscale clients, but details of the campus and prospective tenants have not yet been shared.
The rezoning proposal has faced public opposition, with residents raising concerns about rising energy bills and potential impacts on the local water supply. PRSM president Patrick Scanlon said the project would bring jobs, fund local schools, and boost tax revenue. “We’ll hopefully be able to show that it will deliver on all the values promised,” Scanlon added, noting that “if we can’t find the right buyer, we’ll rezone to agriculture.” The request will return for consideration by Preble County’s Board of Commissioners on October 1. PRSM, founded in 2022 and headquartered in Arlington, Virginia, specializes in digital infrastructure and is pursuing hyperscale data center developments in five US states, including Ohio.
Khazna Data Centers lands $2.62 billion financing to fund UAE data centre growth
Khazna Data Centers has secured a US$2.62 billion financing facility in partnership with Abu Dhabi Commercial Bank (ADCB) and First Abu Dhabi Bank (FAB) to support its UAE and international growth plans. The financing, with a tenor of up to 10 years, will enable Khazna to expand its operational footprint across the MENA region, including two new facilities in Abu Dhabi, one in Dubai, and the region’s first AI-enabled data center in Ajman.
“Khazna is the foundational layer upon which the emerging AI-enabled economy is built. The criticality of our work is highlighted by the expanding scale, scope, and sophistication required to support complex, resource-intensive AI workloads,” said Fabio Cattaneo, CFO, Khazna Data Centers. With this capital, Khazna aims to maintain its 73% market share in the UAE and lead regional data center growth as the MENA market’s total capacity is expected to double over the next five years. ADCB highlighted its role in supporting “large-scale digital infrastructure projects such as those spearheaded by Khazna,” emphasizing the strategic importance of the investment to the UAE’s knowledge-based economy.
Digital Edge breaks ground on 100MW data center campus in Thailand
Digital Edge has broken ground on a 100MW data center campus in Chonburi, Thailand, in partnership with local energy firm B.Grimm Power (BGRIM). Construction is underway with a target Ready-for-Service (RFS) date in Q4 2026, as part of a $1 billion investment plan to deliver hyperscale and AI-ready data centers powered by B.Grimm Power’s renewable energy portfolio.
“Breaking ground on our first campus in Chonburi is a pivotal moment for Digital Edge,” said John Freeman, CEO of Digital Edge. “Together with B.Grimm Power, we are delivering AI-ready, sustainable infrastructure at a scale and speed that matches the ambitions of our customers and the needs of the region.” The project supports Thailand’s Eastern Economic Corridor and contributes to the country’s digital transformation, leveraging B.Grimm Power’s installed capacity of 3,338MW and plans to secure 10GW of Power Purchase Agreements by 2030.
Vantage Data Centers considers acquiring Yondr Group data centers in Malaysia – report
Vantage Data Centers is considering acquiring Yondr Group’s Malaysian data center portfolio, both companies being backed by DigitalBridge. The potential deal could value Yondr’s 72.5MW Johor campus at $1.6 billion, with co-investors such as the Abu Dhabi Investment Authority expected to participate. Yondr’s campus will eventually offer 300MW at full buildout, and the first 25MW facility was delivered six months ahead of schedule in June 2025.
The acquisition would help DigitalBridge simplify its portfolio and aid growth in the APAC region, according to sources. Yondr Group currently has 83MW of operational capacity and 878MW contracted, with projects across Virginia, Canada, the UK, Malaysia, Indonesia, Japan, Germany, the Netherlands, and India. Vantage also operates globally, with its largest APAC facility in Malaysia offering 467MW of capacity, alongside data centers in Australia, Hong Kong, Japan, and Taiwan.
