Data Center Investment News — 28/03/2025
Data center development proposed in Chicago, Illinois
A $40 million data center development is in progress in Chicago’s Near South Side. Developer Scott Greenberg is moving forward with plans to convert a two-story building at 2500-2540 South Wabash Avenue into a 76,000-square-foot data center. The facility will cater to research institutions, universities, and government agencies and will include seven backup generators, a large fence for security, and a small coffee shop on the ground floor.
The project, expected to take 18 months to complete, follows Greenberg’s earlier purchase of the site in 2020 for almost $7 million. Originally, he had planned to develop an esports stadium on the site, but those plans fell through. Greenberg explained, “Even government uses have a need for small facilities because they can be more secure and control them more than they can in some mammoth data center, so there’s a role for this small version.”
Greenberg’s team on the project includes Gensler Architects, Terra Engineering, Power Construction, and Thornton Tomasetti. Chicago is home to a well-established data center market, with major players such as Digital Realty, Centersquare, Iron Mountain, Stream, and AWS, among others. Recently, Stack Infrastructure announced plans to expand with a 36MW data center in Elk Grove Village.
T5 plans 36MW data center in Chicago, Illinois
T5 Data Centers, a US-based data center firm, has acquired land in Elk Grove Village, Chicago, for its upcoming CHI V data center. The new facility will cover 220,000 square feet (20,438 sqm) and will have a power capacity of 36MW. The company aims to have the data center operational by 2028. Although further specifics are not yet available, T5’s Senior VP of Leasing, David Horowitz, mentioned that they have secured utility power with ComEd and will begin construction soon to address the growing demand for data center space in the region.
T5 has a strong presence in Elk Grove, with their first data center, T5@Chicago, having been commissioned in 2014 by Forsythe and later acquired by T5 in 2016. This facility was expanded in 2017 and went live in 2018, followed by the acquisition of a 15.4MW data center shell in 2020. The company currently operates two facilities in the area: Chicago I, offering 20MW across 250,000 sq ft, and Chicago II, with 30MW across 170,000 sq ft.
CEO Pete Marin highlighted that the Elk Grove facility will be T5’s fourth project in the O’Hare submarket and emphasized their significant investments in the region. The new data center will complement the company’s ongoing 1.2GW large-scale campus in Grayslake. T5 is also developing another 36MW data center in Northlake as part of its broader expansion strategy in Illinois.
AirNet announces 130MW Kazakhstan data center for Bitcoin mining re-entry
AirNet Technology Inc., previously focused on in-flight technology, has announced plans to build a 130MW Bitcoin mining data center in Kazakhstan, in partnership with LLP STH Corp. While the exact location is yet to be disclosed, the facility will utilize both the national grid (70MW) and a natural gas self-generation facility (60MW) for power, incorporating liquid-cooling technology for efficiency. The company aims to re-enter the cryptocurrency mining market after its previous focus on Ethereum mining became unviable following Ethereum’s shift to Proof-of-Stake (PoS) in 2022.
Previously known as AirMedia Group Inc., AirNet pivoted to Ethereum mining in 2021 after the pandemic negatively affected its in-flight technology business. However, Ethereum’s transition to PoS rendered its mining hardware obsolete, leading to a significant decline in revenue. In 2021, the company earned $2.6 million in mining revenue, but this plummeted to $200,000 in 2022 and zero revenue in 2023. By March 2024, AirNet completely exited mining operations through its subsidiary, Blockchain Dynamics Limited.
In May 2024, AirNet acquired Bitcoin mining hardware and reached an agreement with BTC KZ to host mining servers at their Almaty data center. This move marks the company’s return to cryptocurrency mining, focusing on Bitcoin, which still uses the Proof-of-Work (PoW) consensus mechanism. Despite the non-binding nature of the deal, AirNet’s share price rose by 25% upon the announcement, reflecting growing optimism around Bitcoin’s future and the company’s new direction.
South Korean cloud firm Okestro plans 40MW data center in Sejong
Okestro Cloud, a cloud subsidiary of Okestro, has signed an MoU with Sejong City to convert the vacant Sejong Finance Center II building into a 40MW data center. The redevelopment project will cost 700 billion won ($477.9 million). The building, located in Eojin-dong, spans 30,000 sqm (322,917 sq ft) over seven stories, including three underground levels.
Sejong City Mayor Choi Min-ho said, “With the establishment of the data center, a new stepping stone has been laid for the city to develop into a public institution data hub.” Okestro, which was founded in 2018, specializes in cloud orchestration, server virtualization, and AIOps services.
Okestro Cloud, established earlier this year, aims to offer cloud services to its customers. The company has previously raised 152 billion won ($103.7 million) in Series A and B funding from investors such as STIC Investment, IMM Investment, KDB Bank, and Industrial Bank of Korea (IBK).
Digital Realty launches Frankfurt data center
Digital Realty has launched a new data center, FRA18, at its Digital Park Fechenheim campus in Frankfurt, Germany, this week. The facility offers 8,200 square meters of colocation space, with an initial capacity of 6.4MW in its first phase. An additional 9.6MW will be added in future phases. FRA18 is designed to support high-performance computing (HPC) and artificial intelligence (AI) workloads. This data center is notable as Germany’s first to be housed in a historically preserved building, the former Necerkmann headquarters, with its original architectural features such as staircases and rainwater management systems. The project also integrates a heat reuse system in collaboration with Mainova.
Digital Realty’s Digital Park Fechenheim is set to become a major hub for data centers in Frankfurt. When fully developed by 2028, the park will consist of 11 data centers, covering 100,000 square meters (1 million sq ft) and offering 200MW of capacity. FRA17, the first data center at the park, went live in 2023, while FRA27 is also operational. The site was acquired by Interxion in 2020 after Neckermann, the original occupant, went bankrupt in 2012. Volker Ludwig, SVP and managing director of Digital Realty DACH, emphasized the company’s commitment to blending cutting-edge technology with preserving the historical significance of the site.
Digital Core REIT, a Singapore-listed data center REIT sponsored by Digital Realty, acquired a 20% stake in the fully fitted Digital Osaka 3 data center (KIX12) from Mitsubishi Corporation for ¥13 billion ($87 million). The facility, completed in July 2021, offers 19.9MW of IT load and is fully leased to global cloud providers. This acquisition follows a similar 10% stake purchase in another Osaka data center, Digital Osaka 2, in 2023. Digital Core REIT holds stabilized data centers, and the deal continues the collaboration between Digital Realty and Mitsubishi through their joint venture, MC Digital Realty.
Stack announces 36MW data center in Chicago, Illinois
Stack Infrastructure is expanding its presence in Chicago with the announcement of a new 36MW data center, CHI02, in Elk Grove Village. The facility, set on 18 acres, will span 263,000 square feet (24,433 sqm) and be located approximately one mile from Stack’s existing CHI01 campus. The data center will feature a closed-loop cooling system to support both air and liquid cooling. While the exact address of the planned facility hasn’t been shared, it is located near Busse Road, Landmeier Road, and E Higgins Road, close to land recently purchased by EdgeConneX.
Mike Casey, CTO of Stack Americas, highlighted the growing demand for digital infrastructure and expressed excitement about the new development, which will help meet the region’s needs for capacity. He also noted that the project will repurpose existing industrial space into an asset for the Chicago market. However, specific timelines for the facility’s development were not disclosed.
The expansion is welcomed by the Elk Grove Village community, with Mayor Craig Johnson emphasizing that the project will contribute to local economic growth and rejuvenate valuable industrial real estate. The development is expected to create significant job opportunities and provide long-term benefits to both the local community and the broader technology ecosystem. Stack’s first data center in Chicago, located at 1441 Touhy Avenue, was previously owned by T5 Data Centers and acquired in 2016.
Serverfarm files to build two more data centers in Houston, Texas
Serverfarm has filed applications with the Texas Department of Licensing and Regulation to develop two new data centers in Houston, Texas. The company plans to build a 565,000 square foot (52,490 sqm) facility at 4801 Betka Road in Hockley (HTX2), adjacent to its existing data center, with a $137 million investment. The project is slated to run from July 2025 to July 2026. Additionally, Serverfarm has filed to develop a 438,000 square foot (40,691 sqm) facility at 15555 Cutten Road in Houston (CTX2), which is also set to be completed between July 2025 and July 2026 with an identical $137 million budget. Both projects will be designed by HKS.
Serverfarm, which is owned by Manulife, acquired two data centers in Houston in September 2024, marking its entry into the Texas market. These two sites, spanning 250 acres and offering over 500MW of capacity, were originally built and occupied by HP and later DXC. The HOU1 site, located at 28401 Betka Road, has a current capacity of 350,000 square feet (32,516 sqm) and line-of-sight for 410MW of customer capacity. The HOU2 campus at 15555 Cutten Road spans nearly 500,000 square feet (46,451 sqm) and has secured customer capacity to scale to 100MW using available grid power.
Earlier this year, Serverfarm filed for a $3 million, 264,515 square foot (24,574 sqm) remodeling project at the Cutten Road location, known as Project Longhorn. These new developments in Houston represent a significant expansion for Serverfarm, continuing its investment in data center infrastructure in key markets.
260MW data center proposed in South Korea
Metavisio Thomson Computing has announced plans for a 260MW data center in South Korea’s Gangwon Province, through a joint venture with BKB Energy Co., Ltd. The project, based at a mining site in Yeongwol-gun, will be powered by a 260MW supply validated by Korea Electric Power Corporation (KEPCO). A feasibility study and environmental assessment are currently underway. The two companies will form a 50:50 joint venture, Technology 1 Thomson Computing Korea, to oversee the development. Up to $900 million will be invested through convertible bonds issued by BKB Energy within the next six months to fully fund the project.
The data center will focus on high-performance computing (HPC), artificial intelligence (AI), and cloud technologies. Metavisio will provide key components, including GPUs and CPUs, through its supplier network, which includes a partnership with Turboscale, an official distributor of Nvidia solutions. Stéphan Français, president of Metavisio, emphasized the project’s role in advancing South Korea’s digital infrastructure and reinforcing the company’s position in these high-tech sectors.
BKB Energy, specializing in energy infrastructure, will bring its expertise in power generation to the project. Both companies are committed to creating an innovative and sustainable data center that will contribute to South Korea’s growing digital economy.
250MW natural gas-powered data center campus announced in Durango, Mexico
The Mexican government has unveiled plans for Fermaca Digital City, a natural gas-powered data center campus in Durango, as part of the country’s Plan Mexico initiative. The $3.7 billion project is backed by Fermaca Dreams, a Mexican company, and will feature a 250MW data center, a 2,000km fiber network connecting northern Mexico to Querétaro, Guadalajara, and Durango, as well as a 160km gas pipeline from Texas. The campus will also include a 350MW on-site combined cycle power plant. Construction is expected to begin in the coming weeks, although further details on the data center itself were not disclosed.
Of the $3.7 billion total investment, $2.7 billion will be allocated to the digital city and $1 billion to Fermachem, a facility aimed at producing green fertilizers. Marcelo Ebrard Casaubon, the Secretary of the Economy, highlighted that the investment will not only boost digital infrastructure but also contribute to sustainable energy solutions. The fiber network and data center development are expected to significantly enhance Mexico’s digital and energy capabilities.
Fermaca Dreams is a diversified holding company with interests in energy, infrastructure, networks, and more. The company’s Networks unit is already working on a 1,950km dark fiber network connecting the US-Mexico border to western and central Mexico. Fermaca has previously partnered with ServerDomes to deploy small data centers along this fiber route, further enhancing its digital infrastructure development.
Eurazeo partners with Metrobloks for €100m European data center push
European investment fund Eurazeo has announced a €100 million ($108 million) partnership with Metrobloks, a US-based data center developer, to build data centers across Europe. The partnership is going to focus on acquiring land and developing facilities in Europe’s Tier 1 markets (such as London, Frankfurt, Amsterdam, Paris, and Dublin) as well as emerging Tier 2 markets like Milan, Madrid, Lisbon, Berlin, and Manchester. Eurazeo will contribute financial, strategic, and human resources through its new EZORE fund, which focuses on real estate assets like data centers.
Pierre Larivière and Riccardo Abello, co-heads of real estate at Eurazeo, emphasized that Metrobloks’ innovative approach aligns with their strategy to capitalize on the rapidly expanding data center sector. The collaboration aims to leverage Metrobloks’ expertise in developing AI-ready facilities at the metro edge, with Metrobloks CEO Ernest Popescu expressing excitement about the partnership and Eurazeo’s commitment to sustainability and real estate investment.
Metrobloks, which raised a $5.2 million seed round in 2024, currently operates data centers in the US and Italy, including a 34.2MW facility in Milan. Details about future sites have not yet been disclosed, but the partnership with Eurazeo will help Metrobloks expand its footprint in Europe. The EZORE fund, launched in late 2024, focuses on investments in real estate sectors, including data centers, student accommodation, and self-storage.
Wingu Group expands data centre operations in Tanzania
Wingu Group, an East African data centre operator, has launched the second phase of its data centre expansion in Dar es Salaam, Tanzania, which went live on March 18, 2025. This expansion follows the initial phase introduced in 2022 and aims to enhance scalability, connectivity, and security for businesses in the region. The upgrade has doubled the rack power capacity and increased white space to accommodate additional racks, pods, and cages.
As a carrier-neutral data centre, Wingu Group offers connectivity from multiple network operators, ensuring businesses are not dependent on a single provider. The expansion also introduced two Meet-Me-Rooms for enhanced interconnection between operators and network redundancy. The facility features advanced biometric security systems and an upgraded uninterruptible power supply (UPS) system to ensure continuous operations and service reliability.
Anthony Voscarides, co-founder and CEO of Wingu Group, highlighted that the new facility reflects the company’s commitment to innovation and meeting the growing demands of modern digital operations in the region. The company had also expanded in Djibouti last year, opening a technology park housing a cable landing station and data centre facility.
Rack Centre launches 12MW AI-ready data centre in Nigeria
Rack Centre has launched its new 12MW LGS2 data centre in Lagos, Nigeria, emphasizing its capabilities for hyperscale and AI workloads. The facility is part of a multi-million-dollar investment to enhance digital infrastructure in Nigeria. The LGS2 site is positioned to support colocation, cloud, and connectivity services and is described as one of the most energy-efficient data centres in West Africa, using a combination of gas power, diesel, and an upcoming solar installation.
Lars Johannisson, CEO of Rack Centre, highlighted the company’s energy sustainability efforts, noting the installation of gas turbines to complement diesel generators and the future solar power integration. This approach positions Rack Centre as the most energy-sustainable data centre in the region. Nigeria’s data centre market is rapidly growing, with projections from ResearchAndMarkets indicating an increase from $250 million in 2023 to $646 million by 2029.
The new LGS2 facility spans 3,240 square meters, significantly larger than the earlier LGS1 site, which had an IT load of 1.5MW across 1,094 sqm. Johannisson pointed out that the new data centre is designed to meet the growing demand for reliable, resilient, and scalable digital infrastructure in Nigeria, helping businesses seamlessly adopt cloud services and ensuring business continuity.
Fintech firm CURRENC to build 500MW AI data centre in Johor
CURRENC Group Inc., a fintech firm, has announced plans to acquire 100 acres of land in Johor, Malaysia, to build a hyperscale AI data centre. The facility, with a planned total capacity of 500MW, will begin with a phase 1 development providing 100MW, which is expected to be operational by the end of 2026. The data centre will offer co-location and wholesale leasing solutions to hyperscalers, enterprise clients, and other users, with discussions underway with potential anchor tenants.
The company plans to initiate construction of each phase once long-term tenants are secured for a substantial portion of the phase’s capacity. This project aligns with CURRENC’s strategy to support financial institutions’ adoption of AI technology, with the company highlighting the increasing demand for AI in the financial industry.
Alex Kong, founder and executive chairman of CURRENC, emphasized that the new AI data centre would provide the computing power and scalable infrastructure financial institutions need to implement AI in their operations, helping them remain competitive and thrive in the digital era.
Segro and Pure DC team up to build 56MW data center in Park Royal, West London
Segro and Pure DC have formed a joint venture, Segro Pure Premier Park Data Centre Limited, to develop a 56MW data center in Park Royal, West London. The 30,000 sqm (322,915 sq ft) facility will be located at Premier Park, an industrial site owned by Segro. Segro will provide the land and prepare the site, which currently houses a vacant warehouse, while Pure DC has secured 70MVA of power from the grid to deliver 56MW of IT capacity. Planning permission for the project is still pending, with the data center expected to be leased to a hyperscale tenant once completed.
This project marks Segro’s first fully fitted data center development, expanding on its experience in providing powered shells. David Sleath, CEO of Segro, emphasized the opportunity in the fast-growing data center sector and expressed confidence that the project would deliver attractive returns and enhance the company’s expertise. The project will also feature a closed-loop water system to minimize local water impact, aligning with sustainable development goals.
Pure DC, backed by Oaktree Capital Management, brings extensive experience in data center development, with over 500MW of IT capacity in operation or development across multiple regions. CEO Dame Dawn Childs highlighted the scalability of the venture and its potential for growth. The UK government has welcomed the announcement, with Technology Secretary Peter Kyle praising it as an endorsement of the UK’s position as a hub for tech investment, which will help drive economic growth and technological advancement.
Nscale to expand Glomfjord data center in Norway with 30MW building
Nscale, an AI cloud firm, is expanding its data center in Glomfjord, Norway, by adding 30MW of capacity next to its existing 30MW facility at the Glomfjord Industrial Park. The new liquid-cooled data center, developed in partnership with prefab provider InfraPartners, is set to go live in Q2 2025 and will host the latest generation of GPUs. InfraPartners’ modular approach ensures supply chain security, accelerates site deployment, and offers flexibility for future GPU technology, according to their CTO, Harqs Singh.
Nscale’s COO, Alex Sharp, emphasized that Glomfjord is an ideal location for AI data centers, offering abundant hydroelectric power. This expansion brings Nscale’s total capacity in Glomfjord to 60MW, positioning the company as a competitive player in the AI infrastructure market with sustainable, cost-effective, and sovereign computing. Nscale’s expansion aligns with its goal of providing scalable AI compute solutions in Europe at a lower cost compared to competitors.
Nscale, spun out from cryptomining firm Arkon Energy in 2024, has a strong pipeline, including over 1.3GW of capacity and plans for more than 500MW of greenfield data centers in the US. The company has also acquired Kontena, a modular data center solutions provider. Nscale raised $155 million in a Series A funding round led by Sandton Capital Partners and has secured partnerships with Singtel and InfraPartners to enhance its global AI infrastructure capabilities.
NorthC Group opens forth data centre in Switzerland
NorthC Group has opened a new data centre in Winterthur, Switzerland, marking its fourth facility in the country. The new site spans approximately 1,100 sqm and provides colocation and connectivity services to businesses, offering access to providers like Colt, Gas&Com, and Init 7. The facility, which connects to NorthC’s data centres in Münchenstein and Biel via a high-speed backbone, has an initial capacity of 1.8 MW, with room for future expansion. The data centre operates on renewable energy and plans to implement projects using residual heat from the facility.
Patrik Hofer, managing director of NorthC Switzerland, highlighted the importance of regional services with global reach, emphasizing that the company’s approach allows for customized solutions in the Winterthur region that meet high standards of quality, security, and sustainability. He also pointed out the increasing demand for data centre, connectivity, and hybrid cloud services across industries. The new Winterthur facility is expected to meet this demand while keeping data local and ensuring global connectivity.
The opening of the facility was celebrated with a ribbon-cutting ceremony attended by NorthC’s team and local business leaders. Dr. Ralph Peterli, managing director of the Winterthur Chamber of Commerce and Employers’ Association, welcomed the expansion, noting that Winterthur is home to many technology-driven businesses. He stressed the importance of secure IT infrastructures as companies manage growing data volumes, praising NorthC for providing stable and secure solutions in the region.
Munters expands data centre facility in Virginia
Munters Group is expanding its data centre facility in Daleville, Virginia, by adding 200,000 sq ft of production space to an adjacent lot. The expansion will increase production capacity, allowing for the domestic manufacturing of chillers for the U.S. market, and will support the construction of a climate test chamber for chillers. Construction is set to begin in spring 2025, with completion expected by the second quarter of 2026. Munters currently manufactures chillers in Italy through its acquired company, Geoclima, and this expansion will help meet the growing demand for cooling solutions in U.S. data centres.
Stefan Aspman, president of Munters’ data centre technologies business area, highlighted the company’s strong growth in the sector over the past five years, citing new facilities in Daleville and Cork, as well as acquisitions in Italy and Thailand. The expansion in Virginia, along with their Texas facility, will provide nearly 700,000 sq ft of space dedicated to energy-efficient data centre cooling systems. This expansion is driven by the increasing demand for resource-efficient cooling solutions, which are crucial for the operational efficiency of data centres.
The expanded facility will focus on manufacturing smaller cooling units like chilled water CRAHs, fan coil arrays, and cooling distribution units (CDUs), while larger units such as SyCool chillers and air handling units will continue to be produced at the existing site. The new test laboratory for chillers will further enhance production capabilities, consolidating Munters’ Virginia operations into a single site. This move aligns with the company’s efforts to provide innovative and energy-efficient cooling solutions to the hyperscale and colocation data centre markets in the U.S.
Empyrion Digital enters Thailand with BOI approval for 12MW data center
Empyrion Digital has received approval from the Thailand Board of Investment (BOI) to develop its first data center project in Bangkok. The facility, named TH1, will have a minimum IT load of 12 MW and is expected to be ready for service by Q4 2026. Covering 9,960 square meters across four storeys, the data center will be strategically located in Bang Na, a growing business hub and gateway to Thailand’s Eastern Economic Corridor. The facility is designed to support AI workloads and will incorporate advanced cooling solutions, as well as sustainable practices to minimize its environmental impact.
Mark Fong, CEO of Empyrion Digital, expressed excitement about the project, highlighting the potential for growth in Thailand’s rapidly expanding AI and cloud sectors. He emphasized that the BOI approval marks a key step in Empyrion’s entry into the Southeast Asian market. With Thailand being the second-largest economy in the region, the company aims to contribute to the country’s digital transformation while adhering to operational excellence and sustainability best practices.
The TH1 data center will feature extensive connectivity to all major fiber providers in Bangkok, and future plans include integrating submarine cables into the local metro network. Empyrion Digital continues to expand its presence across Asia, with existing operations in markets such as Singapore, South Korea, Japan, and Taiwan, as it solidifies its position as a leader in the digital infrastructure space.
Colovore launches liquid-cooled data center in San Jose, California
Colovore has launched its new liquid-cooled data center, SJC02, in San Jose, California, designed to meet the needs of high-density AI workloads. The facility, located at 3060 Raymond Street, offers 6MW of ultra-dense, liquid-cooled capacity and can support densities up to 250kW per cabinet. This cutting-edge data center is specifically built to handle the demanding AI workloads driven by strategic partner Synopsys Inc. The SJC02 facility incorporates advanced rear door and direct-to-chip liquid cooling technologies.
Colovore, which has been concentrating on liquid-cooled racks capable of up to 35kW since its inception, first launched its single-story, 24,000 sq ft facility in Santa Clara in 2014. The company had previously expanded its original facility by 2MW in February 2022 and announced plans for the new SJC02 facility in November 2022. In addition to this new site, Colovore has plans for further expansions, including facilities in Reno, Nevada, and Chicago, Illinois, with ground already broken on the Reno location.
In 2023, Colovore was acquired by investment firm King Street, which has since supported the company’s expansion strategy. The company is also reportedly planning a new facility in Hutto, Texas, though it has yet to make an official announcement. Colovore serves several high-profile customers, including Cerebras, Lambda Labs, and Cirrascale, all of whom benefit from the company’s cutting-edge liquid-cooled infrastructure.
Two data center campuses totaling 38 buildings proposed in Yorkville, Illinois
Two large data center campuses are being proposed in Yorkville, Illinois, with a combined total of 38 buildings. The first project, known as Project Cardinal, is being developed by Pioneer Development, LLC, on a 1,000-acre site. This campus will feature 14 two-story data centers spanning 17 million sq ft, with a total capacity of 1.8GW, and is set to begin operations in 2029. The project is requesting zoning changes and approval for a Planned Unit Development, with the first building phase expected to be operational within 24 months of breaking ground. The proposal is scheduled for review by the planning commission in June and the city council in July.
The second project, called Project Steel, is being proposed by real estate giant Prologis. This 540-acre campus will feature 24 two-story data centers, totaling over 9 million sq ft. Prologis plans to develop the site in three phases over 20 years, with the first phase slated to begin in 2027. The proposal seeks to rezone the land to allow data center development and will go before Yorkville’s planning commission and city council in the coming months. Prologis, known for its logistics and industrial warehouses, is increasingly investing in data centers, with a goal to build up to 10GW of power capacity over the next decade.
Both projects come amid a surge in data center demand in the Chicago metropolitan area, with another major project by CyrusOne recently approved nearby. Prologis, which already has a strong data center pipeline, continues to expand its reach, including other projects in Virginia, Texas, and potential European markets. The developments in Yorkville highlight the growing interest in the region as a hub for large-scale data center facilities, driven by the demand for cloud and AI infrastructure.
Nicnet launches data center in São Paulo, Brazil
Brazilian fiber optic Internet provider Nicnet has launched its first data center in Cravinhos, São Paulo, with a capacity for 12 racks, as announced in a recent LinkedIn post. The facility also marks the simultaneous launch of Nicnet’s cloud platform, offering colocation and Edge services. Designed to cater to the growing demand of the B2B market in the region, the data center will serve industries such as agribusiness, retail, healthcare, and manufacturing. The facility was developed by Trusted Data.
Nicnet’s CEO, Roberto Manella Amoroso, emphasized the company’s goal of strategically positioning data centers to meet the increasing demand for digital infrastructure in São Paulo’s interior. He highlighted that the decentralization of IT services is key to boosting regional business competitiveness. This new facility marks Nicnet’s first venture into colocation services, expanding beyond its traditional role of providing Internet services across Brazil.
The launch reflects Nicnet’s commitment to addressing the needs of local businesses by offering reliable and scalable IT solutions. The data center’s location and services are tailored to support the region’s diverse industries, reinforcing the company’s position in Brazil’s growing digital infrastructure market.