Data Center Investment News — 31/10/2025

October 31, 2025

Written by Angela Cáceres, Ensar Alijmi

 

 

 

Equinix buys DC01UK data center campus in Hertfordshire, UK, plans £3.9bn investment

Equinix has acquired the under-construction DC01UK data center campus in Hertfordshire and will invest £3.9 billion in the project. Located on an 85-acre site near the M25 in South Mimms, the campus will deliver more than 250MW across more than 2 million sq ft and run on 100 percent renewable energy. It will also use dry cooling to limit water use and preserve 54 percent of the land as open space to support biodiversity.

Set to be operational by 2029, the investment supports the UK’s AI and digital growth strategy. “This is a landmark moment for the UK and a powerful example of local entrepreneurship driving national innovation,” said James Craig, director of DC01UK. The move follows Google’s new Waltham Cross facility and Microsoft’s planned supercomputer deployment in nearby Essex, reinforcing the region as a growing data center hub.

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AtlasEdge launches Lisbon data centre with $275 million expansion funding

AtlasEdge has secured €253 million (US$275m) in green financing to launch a new data center campus in Lisbon, Portugal, with plans to invest more than €500m (US$544m) in the country over the coming years. The financing will fund the first two facilities, LIS001 and LIS002, as part of a 30MW campus near the Carcavelos submarine cable landing station, with LIS001 already contracted and set to go live by the end of 2025 and LIS002 targeted for 2028. The company has also acquired land for a third facility, LIS003, as it executes a broader European expansion targeting more than 150MW. CEO Tesh Durvasula said the Lisbon development and green financing highlight AtlasEdge’s momentum in Iberia, with CFO Jonathan Hoo noting it provides flexibility to scale sustainably while meeting strong customer demand.

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Goodman plans 97MW data center in Silicon Valley

Goodman has announced plans for a 97MW data center campus in San Jose, California, following its recent $200 million acquisition of a 45.8-acre site from LBA Realty. The project, named the Goodman Innovation Centre San Jose, will feature two buildings totaling 414,000 sq ft and is expected to be completed by 2028.

Currently home to lighting manufacturer Lumileds, the site will transition into a mixed-use campus combining data center and R&D facilities. The move marks Goodman’s continued expansion beyond logistics into the digital infrastructure sector, adding to its 5GW global power pipeline across 13 cities, including active projects in Los Angeles, Hong Kong, Germany, and Japan.

 

Equinix opens MO2 data center in Monterrey, Mexico

Equinix has inaugurated its new MO2 data center in Monterrey, Mexico, following a $250 million investment aimed at strengthening the country’s digital infrastructure. Located in the Nexxus Aeropuerto Industrial Park, the facility offers more than 30,000 sq ft of colocation space and is the company’s second site in Nuevo León, joining two others in Querétaro. The first phase began operating in September 2025, with phased expansion planned through 2030. “The MO2 is Equinix’s answer to the growing demand for connectivity, security, and efficient data management,” said Amet Novillo Suarez, Equinix Mexico’s managing director. Eduardo Carvalho, managing director for LATAM, added that the site, alongside Equinix Fabric availability, positions Monterrey as a fast-growing hub with direct connectivity to markets like Mexico City and Dallas.

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AirTrunk signs $3bn deal with Humain to develop data centers in Saudi Arabia

Southern Italy is set to become a notable player in the global digital infrastructure race with the launch of the Puglia Data Center Valley. The project is an initiative combining three large-scale data centre developments with a combined planned capacity exceeding 2 GW.

The project is being led by Adriatic DC and includes the conversion of the former Manifattura Tabacchi industrial site in Bari into a 200 MW data centre, the construction of a new 500 MW facility in the industrial zone of Brindisi, and the creation of the Adriatic DC Hub, which is a 1.5 GW campus covering 2,000 acres.
“Puglia offers industrial land availability, energy networks targeted for major future development by the TSO, global submarine digital links, and a favorable institutional environment: a rare and unique mix in Europe. We are firmly convinced that the South can position itself in the new global chessboard of artificial intelligence.”

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First 50MW ready for service at Applied Digital data center in Ellendale, North Dakota

Applied Digital has completed the first 50MW phase of its 100MW data center building at the Polaris Forge 1 AI Factory Campus in Ellendale, North Dakota, making it ready for CoreWeave, the facility’s main tenant. This marks the beginning of a 400MW capacity agreement between the two companies, part of a 15-year, $11bn deal. Applied Digital CEO Wes Cummins said, “This ready-for-service milestone is a clear demonstration of our team’s ability to convert highly complex AI Factory designs from blueprint to production with precision and speed.” The second 50MW phase is expected to be online before year-end.

Construction of Polaris Forge 1 began in September 2022, initially focused on crypto and HPC hosting. Applied Digital already operates a 180MW cryptomining facility (ELN01) in Ellendale, and the next 100MW building, ELN02, is designed for HPC. Earlier this month, the company secured a 15-year, $5bn customer agreement for Polaris Forge 2. While founded as Applied Blockchain, the company now hosts HPC and AI infrastructure and plans to offer access to Nvidia Blackwell GPUs due to growing demand.

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Brazil’s Tecto expands in Ceará with the launch of 20MW Mega Lobster data center in Fortaleza

Applied Digital has completed the first 50MW phase of its 100MW data center building at the Polaris Forge 1 AI Factory Campus in Ellendale, North Dakota, making it ready for CoreWeave, the facility’s main tenant. This marks the beginning of a 400MW capacity agreement between the two companies, part of a 15-year, $11bn deal. Applied Digital CEO Wes Cummins said, “This ready-for-service milestone is a clear demonstration of our team’s ability to convert highly complex AI Factory designs from blueprint to production with precision and speed.” The second 50MW phase is expected to be online before year-end.

Construction of Polaris Forge 1 began in September 2022, initially focused on crypto and HPC hosting. Applied Digital already operates a 180MW cryptomining facility (ELN01) in Ellendale, and the next 100MW building, ELN02, is designed for HPC. Earlier this month, the company secured a 15-year, $5bn customer agreement for Polaris Forge 2. While founded as Applied Blockchain, the company now hosts HPC and AI infrastructure and plans to offer access to Nvidia Blackwell GPUs due to growing demand.

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Menlo Equities breaks ground on 48MW data center in Fairfax County, Virginia

Menlo Equities has begun construction on a new 48MW data center in Herndon, Fairfax County, Virginia. The two-story, 307,000 sq ft facility — known as MD-DC1 — will sit on nine acres and feature four 12MW data halls supported by 67MW from Dominion Energy. Delivery of the powered shell is expected in Summer 2026. Menlo Digital, the company’s data center division, is leading the development, which is part of a nationwide expansion strategy. Chief development officer Jane Vaughan said, “Breaking ground in Herndon represents more than a single project milestone – it’s part of a broader expansion strategy across the country.” The site formerly housed a 2MW Orange Business Services facility, demolished after Menlo acquired the property in June 2023.

Menlo Equities has been expanding rapidly, with a development pipeline near 800MW across multiple Tier 1 US markets. The company is also planning major builds in Loudoun County (144MW), Richmond (300MW), Phoenix (257MW), and Sunnyvale (49MW). Founded in 1994, Menlo owns 14 operational data centers and expanded its footprint significantly after acquiring nine sites from Digital Realty in 2021, followed by another in Georgia. It has partnered with energy provider NRG to support further large-scale developments, potentially exceeding 1GW at NRG properties.

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Stack secures green financing for data center in Japan’s capital, Tokyo

Stack Infrastructure has secured ¥39.7 billion ($247.7 million) in green financing to advance its 36MW TKY01 data center campus in Inzai, Greater Tokyo. The first phase, offering 18MW, is scheduled to come online next year, with full capacity expected by 2027.

The financing—fully underwritten by Natixis CIB and Société Générale—marks Stack’s commitment to sustainable, scalable growth in Japan’s expanding data center market. The company is also developing a campus in Osaka with ESR, alongside projects in Australia and South Korea, strengthening its APAC footprint.

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GTD to invest US$13 million in second phase of data center in Lurin, Peru

GTD will invest US$13 million in 2026 to launch the second phase of its Lurín data center near Lima, expanding total investment to US$50 million and capacity to 20MW with room for 960 racks. The new phase is expected to be operational by 2027, though it could advance if a major client is secured.

The project strengthens Lima’s role as a key digital hub for the Andean region. Backed by a recent partnership with Romero Group’s InfraCorp, GTD continues to grow its data center network across Chile, Peru, and Colombia, now totaling 11 facilities and 17MW of capacity.

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