Data Center Investment News — 09/01/2026

January 9, 2026

Written by Angela Cáceres, Ensar Alijmi

Microsoft plans data center campuses in Dorr and Lowell Townships, Michigan

Microsoft has revealed plans for additional data center campuses in Michigan, with projects identified in Lowell Township, Kent County, and Dorr Township, Allegan County, both located near Grand Rapids, while a separate proposal in Gaines Township has been temporarily put on hold. In Lowell Township, it has emerged that Microsoft is behind a proposed data center campus planned on 235 acres at Covenant Business Park, previously filed under Franklin Lowell LLC, after the application was withdrawn in December following local opposition. In a letter to the community, Microsoft said: “We are introducing ourselves now because we have observed that the community would like more information about the proposal, and we believe it is important to be transparent about our intentions moving forward,” adding that it is still in the “preliminary stage” and does not have “all the answers yet.”

In Dorr Township, Microsoft plans to develop a data center on nearly 272 acres of land it purchased in 2024 for more than $48m, with around 128 acres expected to be used for the facility, though no formal site plan has yet been submitted. Following resident concerns raised at a township meeting, a Microsoft representative reiterated the company’s sustainability commitments, while another spokesperson said: “Project plans, including construction timelines, are yet to be finalized. We continue to work with our local partners and are committed to sharing information when we have it.” Meanwhile, Microsoft’s Gaines Township project has been paused after a rezoning meeting was adjourned due to high attendance, with discussions set to resume in February, as Michigan continues to attract growing interest from data center developers.

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Crusoe gets go-ahead for 1.8GW data center campus and power plant in Cheyenne, Wyoming

Crusoe and power company Tallgrass have received approval to build a 1.8GW gas-powered data center campus, known as Project Jade, in Cheyenne, Wyoming, with Crusoe developing the data center and Tallgrass constructing adjacent natural gas power infrastructure in a project that could cost up to $50bn and eventually scale to 10GW. Wyoming Governor Mark Gordon welcomed the development, saying, “Data centers are a great use of our energy, a terrific opportunity to educate our workforce, and a fantastic addition to our tax base,” though local opposition was voiced at a county meeting, with rancher Michelle Jessica saying, “I have looked at pasture and cows for my entire life. To see this going in is tough – I don’t get to see the view. I get to see lights. I get to see dust. I get to see buildings,” as residents also raised concerns about landscape and water use, which Crusoe said will be limited through a closed-loop cooling system.

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European data center operator GTR secures $1.9bn from KKR and Oak Hill

 

European data center operator Global Technical Realty has secured $1.9bn in new equity investment, with KKR committing an additional $1.5bn and Oak Hill Capital joining as a new investor with an approximately $400m commitment. The funding will support GTR’s European expansion, including greenfield developments and new market entries, though specific projects were not disclosed. “As rapid cloud growth continues and scaled AI demand begins to materialize, the need for high-quality, power-efficient, and scalable data center infrastructure in Europe has never been greater,” said Andrew Peisch, partner at KKR, adding that GTR is “one of Europe’s most capable developers of next-generation facilities.”

Oak Hill partner Adam Hahn said, “We are pleased to invest in GTR and collaborate with KKR to support a platform that sits at the intersection of cloud, AI, and critical infrastructure,” while GTR CEO and founder Franek Sodzawiczny called the investment “a major inflection point for GTR,” noting that accelerating hyperscale and AI-driven demand across Europe requires the company to “scale our team, deepen our operating capabilities, and move faster into new markets.” GTR currently has sites in London and developments underway in Israel, Spain, and Switzerland, as it looks to expand further across the European data center market.

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Application filed for 5 million sq ft data center campus outside Atlanta, Georgia

A Development of Regional Impact application has been filed with the Georgia Department of Community Affairs for a major data center campus in Spalding County outside Atlanta, with Wallace Jackson, LLC proposing a development that could total up to 4.986 million sq ft across ten buildings on a 189-acre site, reaching full build-out by 2035. The application lists the landowner as Doug of Havenwood Holdings and seeks to rezone the property from C-2 (Manufacturing) to C-1C (Manufacturing – Light), along with a variance to allow data center use on land at 5745 and 5841 Jackson Road in Griffin. As reported by Griffin Daily News, plans for the campus were first filed with Spalding County officials last year but were tabled and are now scheduled to be discussed at a meeting next week, as the county continues to see growing interest from developers following the approval of two other data center campuses totaling 3.9 million sq ft last year, amid Atlanta’s rapid rise as a major data center development hotspot.

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Not a bubble: $3 trillion data center investment “supercycle” expected by 2030, despite challenges – JLL

Global data center capacity growth through 2030 will require around $3 trillion in total investment, representing the largest investment “supercycle” in modern history, according to JLL’s 2026 Global Data Center Outlook report. JLL forecasts nearly 100GW of new capacity will be added by the end of the decade, doubling global capacity and expanding the sector at a 14 percent CAGR, driven largely by AI demand, while generating $1.2 trillion in real estate value, requiring around $870bn in new debt, and prompting data center tenants to spend between $1 trillion and $2 trillion on GPU and networking upgrades. Despite rising concerns around an AI-driven bubble, JLL said current metrics “do not indicate a bubble,” noting “97 percent global occupancy and 77 percent of the construction pipeline pre-committed to tenants.”

The report acknowledged significant challenges, including supply chain constraints that have pushed average equipment lead times to 33 weeks and rising construction costs, forecast to reach $11.3m per megawatt in 2026, but argued these pressures reflect continued market confidence rather than an impending downturn. JLL also highlighted energy and grid constraints as key risks, with grid connection lead times exceeding four years in major markets, while predicting AI workloads could represent half of all data center capacity by 2030, with AI inferencing overtaking training workloads by 2027, reshaping demand patterns even as the Americas maintain roughly half of global capacity growth through the end of the decade.

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RadiusDC looks to build two data centers outside Indianapolis, Indiana

RadiusDC is planning a new data center campus outside Indianapolis, Indiana, after the Plainfield plan commission unanimously approved a primary plat petition for the project this week, according to WRTV. The proposal, filed by Radius Data Centers through Radiant DC REIT III-B, LLC, outlines plans to build two data center buildings of 100,835 sq ft each on a combined 31-acre site at the southeast corner of Smith Road and Allpoints Parkway in Plainfield, with the land currently zoned for office and warehouse use and the plans set to go before the town council next week.

While local opposition appears limited so far, with a Change.org petition against the project gaining 43 signatures in its first 24 hours online, RadiusDC has not yet shared further details and has been contacted for comment. Plainfield sits on the southwestern outskirts of Indianapolis, and the proposal would add to RadiusDC’s growing US footprint, which already includes facilities in Denver and Miami, alongside recent expansions and acquisitions in Nashville and Atlanta following the company’s launch in 2022.

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Rowan starts work on 300MW data center in Temple, Texas

Rowan Digital Infrastructure has begun construction on a new 300MW data center campus in Temple, Texas, after breaking ground on a $700m project spanning around 700 acres along Bob White Road in Bell County. Operations are expected to begin in 2027, with power secured through a partnership with Oncor, following unanimous final approval from the Temple City Council last year. “This campus will help unlock the real-world benefits that AI and digital infrastructure can have on people’s lives,” said Rowan CEO Charley Daitch, adding that the company is “honored to build infrastructure here that enables breakthroughs in modern medicine, helps address climate challenges, and improves the everyday lives of people around the world.”

The development marks Rowan’s second facility in Temple, with its earlier Moriah Data Center, completed in 2023 at Synergy Park, now set to be repurposed as a warehouse after the tenant vacated in 2024. According to Rowan, the new site was selected because existing utility and Rowan power infrastructure can be reused, enabling faster deployment without new transmission or substation construction, while Temple Mayor Tim Davis said, “Hosting a project of this scale places Temple at the forefront of technology that has the power to transform lives,” as the city continues to attract large-scale data center investment, including a project from Meta.

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Beale Infrastructure in talks to build data center campus outside Tulsa, Oklahoma

Beale Infrastructure is in talks to develop another data center campus outside Tulsa, Oklahoma, with local media reporting that the City of Claremore and Claremore Economic Development are discussing a proposed project known as Project Mustang. In a statement, the city said, “Over the past several months, the City and CED have been engaged in discussions regarding a potential large-scale economic development project, known as Project Mustang, within the Claremore Industrial Park,” adding that “rigorous site due diligence is required to determine feasibility before any commitments are made.” Beale’s website lists plans for a phased campus in the Claremore Industrial Park featuring “multiple data center buildings,” with reports suggesting the first phase could be operational by 2028 and electric service provided by the City of Claremore through the Grand River Dam Authority.

The potential Claremore project would mark Beale Infrastructure’s third planned campus in Oklahoma, following developments proposed in Coweta under Project Atlas and a 506-acre campus in Owasso known as Project Clydesdale, as the Blue Owl-backed firm continues to expand across secondary US markets. While Oklahoma does not yet have a major data center ecosystem, activity is increasing, with Google operating and expanding a campus in Pryor, TierPoint running multiple facilities in Tulsa, and a large 340-acre project known as Project Anthem planned in Tulsa, which has been linked to Meta.

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Prologis eyes 13-building data center development in Indiana

Prologis is planning a large data center campus outside Indianapolis, with filings submitted to develop a site in Shelbyville, Indiana, according to local reports. The proposal would see more than a dozen parcels totaling 429 acres annexed and combined with previously annexed land for a 576-acre site, rezoned for General Industrial use, with plans for up to 13 data center buildings and no end user yet secured. “We see an opportunity to use existing industrial land and infrastructure to support Shelbyville’s future, including the digital infrastructure that communities and businesses increasingly rely on,” said JC Witt, Prologis SVP of data center investments, adding that the company’s focus is “on job creation and being a responsible, long-term partner.”

City staff have supported the proposal, citing existing electrical infrastructure including two Duke Energy transmission lines, and Mayor Scott Furgeson said the project aligns with long-term goals, stating, “Shelbyville is focused on growing in a way that makes sense for our community over the long term.” However, the development faces local opposition, with more than 2,100 people signing a petition claiming, “This initiative seems to be prioritizing economic gains over the health and safety of our community,” as the Shelbyville plan commission and city council prepare to discuss the project this week.

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AWS gets greenlight for three data centers in Dublin, Ireland, again

Amazon Web Services has received planning permission for three data centers in north Dublin after Ireland’s planning appeals body, An Coimisiún Pleanála, granted approval three years after the application was first filed by Amazon affiliate Universal Developers LLC. Fingal Council had previously approved the project in 2023, but it was delayed following five appeals, with AWS stating as recently as July 2025 that the development would have no “significant impact on climate,” according to reports by the Irish Independent.

The data centers, known as Data Centre E, F, and G, are planned for a 65-acre site at Cruiserath Road and will have a combined power load of 73MW, benefiting from a grid connection secured in 2019 that avoids Dublin’s capacity crunch. Approval is conditional on AWS entering into a corporate renewable energy PPA equal to or greater than the data centers’ energy needs, after ACP concluded the project would not have an “unacceptable impact” on the environment, while acknowledging there could be some impact from greenhouse gas emissions.

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xAI plans third data center, Musk claims will bring capacity up to almost 2GW

Elon Musk’s xAI is planning a third data center in Memphis, Tennessee, after acquiring another building that could bring the company’s total compute capacity to “almost 2GW.” In a post on X dated December 30, 2025, Musk said, “xAI has bought a third building called MACROHARDRR,” with The Information reporting that the site, currently a warehouse, will be located near xAI’s natural gas power plant in Memphis. The facility would join xAI’s existing Colossus and Colossus 2 data centers in the area, as the company continues to expand its infrastructure to support Grok and other AI initiatives, following a recent partnership with Saudi Arabia’s Humain on a 500MW data center project.

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India’s total data center capacity to reach 14 GW by 2035: PwC report

India’s total data center capacity could reach 14GW by 2035, according to a new PwC report, driven by strong investment commitments and a favorable regulatory environment. The report estimates current installed capacity at 1.5GW and forecasts growth at a CAGR of 20–24 percent between 2025 and 2035, alongside investments of up to $70bn during the period. “The total capacity is expected to reach to around 14 GW by 2035, backed by investment commitments from various Indian and global data center operators,” the report said, adding that “The Indian market will witness a host of new investment announcements of up to US$ 70 billion by FY 2035 from large data center operators, real estate developers, and investors.”

PwC said this growth is being fueled by rising data consumption, improving regulations, and lower business costs, noting, “India’s growth in data center capacity is driven by an exponential increase in data consumption, coupled with an improved regulatory framework and lower cost of business.” The report highlighted policy support such as data center infrastructure status, the DPDP framework, and state-level incentives, while also recommending tax reforms and sustainability incentives, arguing that “As India’s data centers use a lot of energy, they should be encouraged to shift to cleaner technologies with smart, targeted tax breaks,” and calling for regulatory easing in SEZs to support India’s long-term ambition of becoming a trusted global data hub.

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