Amazon plans $39.8 billion Spain investment to scale AWS data centres
Amazon plans to invest €33.7 billion ($39.8 billion) in Spain to expand its AWS data center infrastructure and support growing demand for cloud and AI services across Europe. The investment will focus on the AWS Europe (Spain) Region in Aragón and related facilities supporting the data center supply chain. Amazon estimates the expansion will contribute €31.7 billion to Spain’s GDP by 2035 and support around 29,900 jobs annually, including roles in data center operations, construction, security, and suppliers.
As part of the initiative, Amazon also plans to develop several support facilities in Aragón, including a server manufacturing plant for assembly and testing, a manufacturing fulfilment warehouse, and a dedicated AI and machine learning server repair facility designed to extend equipment lifecycles. The company says the expansion reflects its long-term commitment to Spain and will increase cloud capacity to meet rising demand while supporting its sustainability goals, including net-zero emissions by 2040 and water-positive operations by 2030.
Goodman breaks ground on 90 MW Sydney data centre
Goodman Group has begun construction of its SYD01 data center in Artarmon, northern Sydney, a 90MW facility that forms part of the company’s $18 billion global development program. The project will deliver 61MW of IT capacity across five phases of 12.2MW each, supported by 90MW of secured utility power in one of Australia’s most supply-constrained markets. The first phase is expected to become operational in Q2 2028.
Located around 10 km from Sydney’s central business district, the modular, carrier-neutral facility is designed to meet Tier 1 data center requirements and adapt to increasing power density demands over time. The development reflects Goodman’s strategy to expand its global data center footprint, which currently includes a 6GW power bank across 16 metropolitan markets, as demand for cloud and AI infrastructure continues to accelerate.
EdgeConneX targets 1GW data centre campus in Skellefteå after Lyten site deal
EdgeConneX is planning a new data center campus in Skellefteå, Sweden, after agreeing to acquire a site from battery manufacturer Lyten. The proposed development could scale to as much as 1GW of capacity, positioning it among the largest potential data center campuses in Europe and supporting growing demand for AI and cloud computing infrastructure. Further details about the project timeline and investment value have not yet been disclosed.
“Sweden represents an attractive long-term market for digital infrastructure investment. The country’s access to renewable energy, stable power grid, technical workforce and strong sustainability framework align with our long-term approach to infrastructure development,” said Dick Theunissen, managing director for EMEA at EdgeConneX.
“EQT is proud to support EdgeConneX’s entry into Sweden – EQT’s home market. This reflects our commitment to building resilient infrastructure that can strengthen Europe’s digital backbone,” said Eirik Dahle Benzon, managing director at EQT.
CPP Investments and Equinix to acquire atNorth in $4 billion deal
CPP Investments and Equinix have agreed to acquire Nordic data center operator atNorth from Partners Group in a deal valuing the company at $4 billion. CPP Investments will hold a 60 percent controlling stake, while Equinix will own around 40 percent. The transaction includes a $4.2 billion financing package from a syndicate of European and Canadian lenders and remains subject to regulatory approvals. atNorth will continue to operate under its existing brand after the deal closes.
“This acquisition is a powerful validation of atNorth’s journey and its market position as the leading Nordics data center platform,” said Eyjólfur Magnús Kristinsson, chief executive of atNorth. Maximilian Biagosch of CPP Investments said the deal reflects strong conviction in the data center sector as demand accelerates with cloud and AI adoption, while Bruce Owen, president of Equinix EMEA, said the company expects the acquisition to strengthen its ability to support customers across the Nordic digital infrastructure market.
Prologis details plans for data center campus outside Cincinnati, Ohio
Prologis has revealed detailed plans for a new data center campus, known as Project Mila, outside Cincinnati, Ohio. The development will span four single-story buildings totaling approximately 880,000 square feet on a 141-acre site in Butler County near the city of Trenton. Ground preparation has already begun, with construction of the first building potentially starting later this year and the full campus expected to be completed by 2029.
Local officials are currently reviewing the proposal as it moves through the approval process. “City staff are continuing to review the submission for compliance with all applicable City codes and regulations. The project site is located within the City’s Industrial General (IG) zoning district,” the City of Trenton said. Prologis added it will fund upgrades to local infrastructure, as the company continues expanding its data center portfolio, with 5.2GW of power already secured or under negotiation and a long-term target of 10GW of capacity.
Nvidia hiring for orbital data center system architect, as space compute market grows
Nvidia is hiring an orbital data center system architect to help develop infrastructure designed for artificial intelligence workloads in space. According to the job listing, the role will focus on building architecture for orbital data center systems, covering everything from chips to satellites and inter-satellite connectivity, as interest in space-based computing continues to grow.
“This is an opportunity to join the leader in AI systems at the inception of a completely new industry,” the company said in the listing. Nvidia noted that the position will help “drive architecture for orbital data center systems considering everything from the chip out to the satellite and connectivity between satellites,” as companies including SpaceX, Google, and Starcloud explore the possibility of running large-scale computing infrastructure in orbit.
GIP, EQT strike $10.7bn deal to acquire US power producer AES
A consortium led by Global Infrastructure Partners (GIP), owned by BlackRock, and EQT has agreed to acquire renewable energy producer AES in a deal valued at approximately $10.7 billion. The acquisition is expected to strengthen AES’s role as a major supplier of power to the growing data center industry, as demand for electricity from AI and cloud infrastructure continues to rise.
Andrés Gluski, president and CEO of AES, said: “We believe this transaction maximizes value for existing stockholders and positions the company for long-term success as we continue delivering on our commitments to customers, communities, and people.” GIP chairman and CEO Bayo Ogunlesi added that AES is “a leader in competitive generation,” highlighting the need for major investments in power generation and infrastructure to support industries such as data centers.
Google confirms it is behind 403-acre data center campus in Hermantown, Minnesota
Google has confirmed it is behind a planned 403-acre data center campus in Hermantown, Minnesota, a suburb of Duluth. Site plans indicate the development could include four data center buildings, with construction expected to be completed within five to ten years as the company expands its infrastructure to support growing cloud and AI demand.
Google said the location offers strong advantages for the project. The company described the area as a “natural fit for this project, offering a climate that supports energy-efficient air cooling, a resilient power grid, and a dedicated and motivated workforce.” As part of the development, Google has signed an agreement with Minnesota Power to deploy 700MW of clean energy resources, including 300MW of wind power and 400MW of battery storage.
$150bn in industrial development revenue bonds, tax breaks approved for 800MW Nebius data center in Missouri
The Independence City Council in Missouri has approved a package of tax incentives to support an 800MW Nebius data center campus. The measures include around $150 billion in Industrial Development Revenue Bonds, a 98% real property tax abatement, a 90% personal property tax abatement for 20 years, and a sales tax exemption on construction materials for the planned 2.5 million sq ft campus.
Nebius welcomed the decision, stating: “We appreciate the City Council’s vote tonight and are grateful for the backing from education, labor, and business leaders, as well as the broader Independence community.” The company added that the project is designed to bring economic and community benefits, though opposition groups are preparing a referendum petition that could put the incentives to a public vote.
CoreWeave aims to add 5GW more data center capacity by 2030, anticipates capex in 2026 to double
AI cloud provider CoreWeave plans to add an additional 5GW of data center capacity by 2030 as demand for AI infrastructure continues to surge. During its latest earnings call, the company said it ended 2025 with 850MW of active power across 43 data centers and more than 3.1GW of contracted capacity expected to come online by 2027, while also forecasting that capital expenditure in 2026 could double to between $30 billion and $35 billion.
CEO Michael Intrator said the company is already seeing strong demand for future capacity. “We contracted close to 2GW of additional power in 2025, ending the year with more than 3.1GW of contracted capacity,” he said, adding that CoreWeave is “virtually sold out in 2026 of all of our capacity,” as major AI labs and technology companies continue seeking more compute infrastructure.
$5bn data center project in the works around Columbus, Georgia
A $5 billion data center campus known as Project Ruby is being planned in Muscogee County near Columbus, Georgia. The proposed development could span nearly 1,000 acres and include four buildings with up to 600MW of capacity at full build-out, with construction expected to take place between 2027 and 2030.
Selvin Hollingsworth, chairman of the Development Authority of Columbus, said: “This project represents one of the largest technology investments in our region’s history.” Columbus Mayor Skip Henderson added that the project would help strengthen the region’s economy, stating that it would “provide sustainable revenues that will continue to enhance the quality of life for the residents of this community.”
Penzance targets 600MW data center campus in West Virginia
Real estate firm Penzance is planning a large-scale data center campus in Berkeley County, West Virginia. The Bedington Campus will span around 548 acres in the Falling Waters District and could deliver up to 600MW of IT capacity across approximately 1.9 million square feet once fully built. The project represents a planned $4 billion investment, though development timelines have not yet been disclosed.
West Virginia Governor Patrick Morrisey called the project a major milestone for the state, saying: “This $4 billion investment is a historic win that proves West Virginia can compete at the highest level for the global tech economy.” Penzance founder and managing partner Victor Tolkan added: “West Virginia has created a truly business-friendly environment for companies investing in digital infrastructure,” highlighting the state’s policies aimed at attracting large AI and cloud infrastructure projects.
Google acquires 900-hectare site in Finland for data center development
Google has acquired around 900 hectares of land in Vaala, central Finland, for a potential new data center development. The site is located near Fingrid’s Nuojua substation and was purchased partly from the municipality of Vaala and partly from United Bankers’ UB Timberland Fund. While full details of the project have not yet been disclosed, the acquisition signals Google’s continued expansion of its data center footprint in Finland.
Minna Kärkkäinen, Mayor of Vaala, said: “The cooperation with Google has been very smooth, and we warmly welcome Google to Vaala.” She added that a potential data center could bring significant economic benefits to the region, creating jobs during both the construction phase and long-term operations as the project moves forward.
