Data Center Investment News — 07/02/2025
Spanish Data Center Firm Templus Acquires BitNAP
Spanish data center operator Templus has officially acquired BitNAP, a Barcelona-based colocation provider, as part of its expansion strategy in Spain’s growing digital infrastructure market. This acquisition marks a significant step for Templus in strengthening its position within the Spanish data center industry, particularly in Barcelona, which is emerging as a key hub for cloud services and IT operations in Southern Europe.
BitNAP operates a well-established data center in Barcelona, offering colocation, cloud connectivity, and managed services to enterprises and service providers. The acquisition will allow Templus to expand its service offerings and infrastructure footprint, catering to increasing demand from businesses looking for reliable and scalable data center solutions. This move also aligns with the broader trend of consolidation in the European data center market, where operators are seeking to expand their reach and improve operational efficiency.
Templus has emphasized that the integration of BitNAP into its portfolio will enable better connectivity, enhanced security, and improved redundancy for clients. The acquisition also positions Templus to capitalize on the rising demand for edge computing and cloud solutions in Spain, driven by the growth of AI, 5G, and data-heavy applications.
This deal highlights the increasing investment in Spain’s digital economy, as international and domestic players recognize the country’s potential as a data center hub. With Barcelona attracting more tech investment, Templus’ acquisition of BitNAP ensures it remains competitive in the rapidly evolving digital infrastructure sector.
Panattoni Gets Green Light for 88MW Barcelona Data Center
Panattoni, a major real estate developer, has received approval to build a new 88-megawatt (MW) data center in Barcelona, Spain. This project marks a significant investment in Spain’s digital infrastructure, further establishing Barcelona as a key hub for cloud services, AI computing, and data storage solutions in Southern Europe.
The data center will be developed in an area with strong connectivity, benefiting from Barcelona’s strategic position as a gateway to Europe, Africa, and Latin America. The facility will provide colocation services to enterprises and hyperscale cloud providers, addressing the rising demand for high-performance computing and scalable IT solutions.
One of the core aspects of the project is sustainability. Panattoni has emphasized that the data center will incorporate energy-efficient cooling systems and renewable energy sources to minimize its carbon footprint. With growing concerns about the environmental impact of data centers, the company is focusing on optimizing energy use and leveraging green technologies to align with global sustainability goals.
The development is expected to generate numerous job opportunities, both during the construction phase and through ongoing operations. Barcelona’s tech industry continues to grow, attracting investments from data center operators and cloud service providers. With this approval, Panattoni is set to contribute significantly to the expansion of Spain’s data infrastructure, providing essential capacity for digital transformation and AI-driven applications.
CtrlS Completes 125MW Solar Farm to Power Mumbai Campus
CtrlS, one of India’s leading data center operators, has completed the development of a 125-megawatt (MW) solar farm to power its data center campus in Mumbai. This move is part of the company’s broader strategy to transition toward renewable energy and enhance the sustainability of its operations. The solar farm will provide clean energy to support the data center’s increasing power demands while significantly reducing its carbon footprint.
As data centers consume vast amounts of electricity, CtrlS’ investment in solar energy aligns with the global push for greener digital infrastructure. The initiative is expected to cut down the facility’s reliance on fossil fuels, promoting energy efficiency and cost savings in the long run. Mumbai, being a major financial and technology hub, has seen rapid growth in data center investments, and sustainable solutions like this are crucial in managing energy needs responsibly.
This development also positions CtrlS as a leader in eco-friendly data center operations in India. The company has been actively working to integrate renewable energy sources across its facilities to meet the sustainability commitments of both its clients and regulatory bodies. The completion of the 125MW solar farm reinforces its commitment to reducing greenhouse gas emissions and promoting sustainable IT infrastructure.
By powering its Mumbai campus with solar energy, CtrlS is not only ensuring energy security but also setting an example for the broader data center industry in India. This initiative highlights the importance of balancing technological growth with environmental responsibility as the country continues to expand its digital economy.
Verne to Expand Helsinki Data Center Campus with Two Buildings
Verne Global, a leading data center operator specializing in sustainable and high-performance computing solutions, has announced plans to expand its Helsinki data center campus by adding two new buildings. This expansion is driven by the increasing demand for cloud computing, AI workloads, and high-performance computing (HPC) solutions across Europe.
Helsinki has become a strategic location for data centers due to its cool climate, strong digital infrastructure, and access to renewable energy. Verne Global has committed to utilizing 100% sustainable energy sources, ensuring that the new data center buildings align with Finland’s environmental goals. The company plans to integrate cutting-edge cooling technologies that take advantage of the region’s natural climate, reducing the overall energy consumption of the facility.
The expansion will significantly increase Verne Global’s capacity, catering to enterprises and research institutions that require secure, scalable, and energy-efficient data center services. The new buildings will feature advanced connectivity options, ensuring low-latency access for clients across Europe.
This development reinforces Finland’s position as a key data center hub in Northern Europe. With an increasing number of companies prioritizing sustainability in their IT operations, Verne Global’s expansion in Helsinki is expected to attract businesses seeking environmentally responsible data storage and processing solutions. The project will also contribute to local economic growth, creating job opportunities during construction and ongoing operations.
e& Launches Fourth Data Center on Fujairah Campus in UAE
e&, formerly known as Etisalat Group, has announced the launch of its fourth data center on its Fujairah campus in the United Arab Emirates (UAE). This expansion is a strategic move to strengthen the region’s digital infrastructure, addressing the growing demand for cloud computing, AI-driven applications, and secure data storage solutions.
The new facility is designed to support hyperscale cloud providers, enterprises, and government institutions, offering advanced connectivity and robust security measures. With the UAE emerging as a leading tech hub in the Middle East, this expansion aligns with the country’s digital transformation initiatives, which aim to enhance its position in the global digital economy.
Sustainability is a key focus of the new data center, with energy-efficient cooling systems and power management strategies in place to minimize environmental impact. The facility will leverage renewable energy sources where possible, contributing to the UAE’s broader commitment to reducing carbon emissions and promoting green technology solutions.
The addition of this data center further cements Fujairah’s status as a critical data hub, providing low-latency connections for businesses operating across the Middle East, Africa, and Asia. The investment in expanding digital infrastructure is expected to drive economic growth, attract international tech companies, and enhance the UAE’s competitiveness in the global cloud and data services market.
Prologis Plans 10GW of Data Centers Over 10 Years
Prologis, a global leader in logistics real estate, has announced an ambitious plan to develop 10 gigawatts (GW) of data center capacity over the next decade. This massive initiative reflects the surging demand for digital infrastructure driven by cloud computing, artificial intelligence (AI), and the exponential growth of data processing requirements worldwide.
As one of the largest industrial real estate companies, Prologis is leveraging its extensive land holdings to expand into the data center sector. The company plans to build large-scale, energy-efficient data centers in key global markets, providing colocation and hyperscale solutions for cloud providers and enterprises. This move comes as data center demand skyrockets due to the increasing adoption of AI, machine learning, and edge computing technologies.
A key aspect of Prologis’ plan is its focus on sustainability. The company aims to integrate renewable energy sources such as solar and wind power, as well as implement energy-efficient cooling systems, to minimize the environmental impact of its data centers. With sustainability becoming a critical factor in data center development, Prologis’ approach aligns with the industry’s push for greener operations.
The development of 10GW of data center capacity will position Prologis as a major player in the digital infrastructure space, competing with established hyperscale data center providers. This initiative is expected to contribute significantly to job creation, economic growth, and technological advancement in various regions worldwide. As AI and cloud computing continue to reshape industries, Prologis’ massive investment highlights the increasing importance of data centers in the modern digital economy.
Aligned Breaks Ground on 72MW Maryland Data Center in Quantum Frederick Park
Aligned Data Centers has officially commenced construction on a 72-megawatt (MW) data center in Quantum Frederick Park, Maryland. This project marks a significant expansion of Aligned’s footprint in the region, catering to the rapidly growing demand for AI-driven computing, cloud services, and enterprise data solutions.
Quantum Frederick Park is strategically positioned to support high-density workloads, providing hyperscale and colocation services to businesses requiring scalable and energy-efficient data infrastructure. Aligned is known for its innovative cooling technology, which optimizes energy usage and reduces operational costs. The new facility will incorporate the company’s patented cooling systems, ensuring efficient power consumption even under high computational loads.
Sustainability remains a core focus of the project. The data center will leverage renewable energy sources and energy-efficient design principles to minimize its environmental impact. Aligned has committed to carbon-neutral operations, aligning with broader industry goals to create greener digital infrastructure.
Maryland is becoming an increasingly attractive location for data centers due to its proximity to major U.S. business hubs and its well-developed fiber connectivity. This new facility will enhance the region’s digital capabilities, attracting further investment from technology companies and cloud service providers.
By breaking ground on this 72MW data center, Aligned continues to strengthen its position as a leader in the hyperscale data center industry. The project is expected to generate economic benefits, including job creation and infrastructure development, reinforcing Maryland’s role as a key hub for digital transformation in the United States.
Compass Datacenters Breaks Ground on $10 Billion Campus in Meridian, Mississippi
Compass Datacenters has officially commenced construction on a massive $10 billion data center campus in Meridian, Mississippi. This ambitious project is one of the largest data center investments in the region and marks a significant step toward expanding the United States’ digital infrastructure. The campus is expected to support hyperscale cloud providers, enterprises, and AI-driven workloads, addressing the increasing demand for large-scale computing power.
The new facility will span several hundred acres and will be developed in multiple phases. Once fully operational, the campus will provide substantial data processing capabilities, making it a key hub for cloud services, artificial intelligence, and high-performance computing. Compass Datacenters is known for its modular and scalable approach to data center construction, ensuring that the facility can expand in response to customer demand.
Sustainability is a major focus of the development. The data center will incorporate energy-efficient cooling technologies, utilize renewable energy sources where possible, and follow eco-friendly construction practices. Given the rising concerns about the environmental impact of data centers, Compass aims to build a facility that aligns with global sustainability goals while maintaining operational efficiency.
Meridian’s strategic location, strong infrastructure, and growing technology ecosystem make it an ideal choice for a large-scale data center project. The investment is expected to bring significant economic benefits to the region, creating thousands of jobs during the construction phase and permanent positions once the facility is operational. Local officials have expressed strong support for the project, highlighting its potential to transform Mississippi into a key player in the data center industry.
With the groundbreaking of this $10 billion campus, Compass Datacenters is reinforcing its position as a leader in the hyperscale data center market, meeting the surging demand for cloud computing and AI-driven technologies. This investment will play a crucial role in shaping the future of digital infrastructure in the U.S.
Swedfund Commits $41 Million to African Digital and Energy Infrastructure
Swedfund, the Swedish government’s development finance institution, has committed $41 million to support the expansion of digital and energy infrastructure in Africa. This investment is aimed at addressing the continent’s growing demand for reliable data centers, cloud computing services, and renewable energy solutions.
As Africa experiences rapid digital transformation, the need for advanced data storage, computing power, and connectivity has surged. However, many regions still face challenges such as unreliable power supplies and limited access to high-quality digital infrastructure. Swedfund’s investment will help bridge this gap by funding projects that support the development of sustainable, energy-efficient data centers.
A key component of this initiative is the integration of renewable energy sources into data center operations. Many African countries rely on fossil fuels for electricity, leading to high operational costs and environmental concerns. By promoting the use of solar, wind, and other clean energy sources, Swedfund aims to create more sustainable and cost-effective digital infrastructure solutions.
Beyond digital development, this investment is expected to generate economic growth by creating jobs and supporting local businesses. The funds will be used to enhance connectivity in underserved areas, improve cloud computing accessibility, and boost Africa’s position in the global digital economy.
Swedfund’s commitment aligns with a broader trend of increased foreign investment in Africa’s tech and energy sectors. With major players recognizing the potential for digital growth in the region, this funding will contribute to the continent’s long-term economic and technological advancement. The investment is expected to have a lasting impact, supporting Africa’s transition into a digitally connected and sustainable future.
AirTrunk Set for Massive Expansion as Blackstone Targets 2.4GW Data Centre Platform
Global investor Blackstone (NYSE: BX) has completed the acquisition of AirTrunk, Asia-Pacific’s largest data centre platform, in a landmark A$24 billion (US$16.1 billion) deal. The transaction, Blackstone’s largest-ever in the region and the largest-ever in the data centre arena, underscores the firm’s push into the burgeoning digital infrastructure sector, with a particular focus on developing AirTrunk into a 2.4+ gigawatt (GW) hyperscale data centre platform including 1.4GW of current capacity and more than 1GW in expansions across the region.
AirTrunk has already established itself as a dominant player in the APAC data center market, with facilities in Australia, Japan, Singapore, and Hong Kong. This new initiative, supported by Blackstone, will allow the company to develop and scale its operations even further, strengthening its presence in key global markets. The investment will focus on expanding existing campuses and developing new facilities to meet the surging demand for AI workloads and hyperscale cloud computing.
A major focus of the expansion is sustainability. As data centers are among the highest energy-consuming infrastructures, AirTrunk is committed to reducing its carbon footprint by integrating renewable energy sources and implementing innovative cooling technologies. The company aims to build energy-efficient, low-carbon facilities that align with the global push for greener data centers.
Blackstone’s investment in AirTrunk reflects a growing trend of private equity firms targeting the data center sector, recognizing its long-term profitability and essential role in the digital economy. With increasing adoption of AI-driven services, cloud platforms, and edge computing, hyperscale data centers like those operated by AirTrunk are becoming critical to supporting global digital infrastructure.
The 1GW data center platform will position AirTrunk as one of the leading hyperscale providers worldwide, catering to major cloud service providers and enterprises. This expansion is expected to fuel further economic development in the regions where these data centers will be built, creating jobs and strengthening technological ecosystems. The move underscores the accelerating global race to build more powerful, efficient, and sustainable data center infrastructure.
VIRTUS Data Centres Announces New 70MW Facility in Milan
VIRTUS Data Centres, a leading European hyperscale data center provider, has announced plans to build a new 70-megawatt (MW) facility in Milan, Italy. This expansion is part of the company’s broader strategy to strengthen its presence in key European markets, catering to the rising demand for cloud computing, artificial intelligence (AI), and high-performance computing solutions.
Milan has emerged as a critical data center hub in Southern Europe due to its strategic location, robust connectivity, and growing digital economy. The city serves as a gateway between Europe, the Middle East, and Africa, making it an attractive destination for hyperscale cloud providers and enterprises seeking reliable digital infrastructure. VIRTUS’ new facility will offer state-of-the-art colocation and cloud services, supporting businesses that require scalable and energy-efficient computing solutions.
Sustainability is a key focus of this project, with VIRTUS aiming to incorporate renewable energy sources and advanced cooling technologies to minimize environmental impact. The company has committed to achieving carbon-neutral operations, aligning with global sustainability initiatives and the European Union’s push for greener data centers. The facility will also feature high-efficiency power distribution systems, ensuring optimal energy usage while maintaining high levels of performance and reliability.
With the increasing adoption of AI, IoT, and 5G technologies, the demand for secure and scalable data centers is at an all-time high. VIRTUS’ investment in Milan underscores the city’s growing importance as a digital infrastructure hub and reflects the broader trend of hyperscale data center expansion across Europe. This facility is expected to drive economic growth, create job opportunities, and enhance Italy’s position in the global cloud and data services market.
New Swedish Data Centre Operator Buys Land Near Stockholm
A newly established Swedish data center operator has acquired land near Stockholm, signaling a major investment in the country’s digital infrastructure. This move reflects the growing demand for high-performance data centers in Scandinavia, driven by cloud computing, artificial intelligence (AI), and the increasing digitalization of industries.
Stockholm has become a prime location for data center development due to its advanced telecommunications network, cold climate (which helps with natural cooling), and access to renewable energy. Sweden is a leader in sustainability, and this new data center project is expected to follow environmentally friendly practices, leveraging hydropower and other green energy sources to minimize its carbon footprint.
The company behind the project aims to build a state-of-the-art facility that caters to hyperscale cloud providers, enterprises, and AI-driven workloads. The site will be designed with energy efficiency in mind, incorporating innovative cooling technologies and advanced power management systems to optimize operations.
Sweden’s data center industry has been experiencing rapid growth, attracting global investors and technology firms looking to capitalize on the country’s strong infrastructure and commitment to sustainability. This new investment is expected to create job opportunities, boost local economic development, and further establish Sweden as a key player in Europe’s data center market.
With the rising global demand for secure, scalable, and eco-friendly data centers, this project near Stockholm represents a significant step toward meeting the needs of modern digital infrastructure while maintaining a focus on environmental responsibility.
Global Data Centre CapEx Set to Surpass $1 Trillion by 2029
The global data center industry is on track for unprecedented growth, with capital expenditures (CapEx) expected to exceed $1 trillion by 2029. This surge in investment is being driven by the rapid expansion of artificial intelligence (AI), cloud computing, and hyperscale data centers, all of which require massive infrastructure development to support increasing digital demands.
The rise of AI workloads, in particular, has significantly increased the need for high-performance computing capabilities. AI models require extensive processing power, storage, and networking, leading hyperscale cloud providers and enterprises to invest heavily in expanding their data center footprints. Additionally, the ongoing shift toward hybrid and multi-cloud environments has further accelerated the need for scalable, secure, and energy-efficient data centers.
Sustainability is becoming a critical factor in data center investment strategies. With growing concerns about energy consumption and environmental impact, companies are focusing on renewable energy solutions, advanced cooling technologies, and carbon-neutral operations. The push for greener data centers is not only driven by regulatory policies but also by enterprise customers seeking more sustainable digital infrastructure solutions.
Geographically, North America, Europe, and Asia-Pacific are leading the charge in data center investments, with key markets such as the United States, China, India, and Northern Europe seeing significant development activity. Emerging regions, including Latin America and Africa, are also attracting increased investment as digital transformation efforts expand globally.
With hyperscale operators, colocation providers, and private equity firms pouring billions into data center construction and expansion, the industry is set to undergo a dramatic transformation. The projected $1 trillion CapEx milestone highlights the scale and importance of data centers in the modern economy, reinforcing their role as the backbone of global digital infrastructure.
Corscale Breaks Ground on Hyperscale Data Centre in Virginia
Corscale, a growing player in the data center industry, has officially broken ground on a new hyperscale data center in Virginia, further solidifying the state’s reputation as a global data hub. Virginia, particularly Northern Virginia’s Loudoun County, is home to the world’s largest concentration of data centers, thanks to its robust connectivity, business-friendly policies, and proximity to major cloud providers.
The new facility is designed to support hyperscale cloud computing, artificial intelligence (AI), and other data-intensive applications. Corscale’s investment in Virginia is a response to the surging demand for high-capacity data centers capable of handling large-scale workloads efficiently. The development is part of a broader trend where hyperscale operators and colocation providers are rapidly expanding their infrastructure to accommodate the explosion of cloud computing and AI-driven technologies.
One of the key aspects of this project is its focus on sustainability. Corscale aims to integrate renewable energy sources into the data center’s operations, aligning with the growing industry-wide push for greener infrastructure. The facility will incorporate energy-efficient cooling technologies, optimized power distribution, and innovative design principles to minimize environmental impact.
The economic impact of this hyperscale data center is expected to be significant, bringing job opportunities and infrastructure investment to the region. Virginia’s data center market continues to thrive, attracting billions of dollars in investments from global tech giants and data center providers. Corscale’s new project will further strengthen the state’s position as the world’s leading data center hub, ensuring that it remains at the forefront of digital infrastructure development.
Yondr Group Breaks Ground on Waterless Data Centre in Toronto
Yondr Group, a leading data center developer, has broken ground on a revolutionary waterless data center in Toronto, Canada. This project represents a significant advancement in sustainable digital infrastructure, as data centers are traditionally known for their high water consumption, primarily for cooling purposes. By eliminating water usage, Yondr is setting a new industry standard for environmentally responsible data center operations.
Toronto has become an important data center hub due to its strategic location, reliable power supply, and increasing demand for cloud services and artificial intelligence (AI-driven) computing. The city’s growing digital economy, along with its status as a key connectivity point between North America and international markets, makes it an ideal location for hyperscale data center expansion.
Yondr’s new facility is designed to support the rapidly increasing workloads associated with AI, cloud computing, and enterprise data storage. By adopting cutting-edge cooling technologies that do not rely on water, the company aims to significantly reduce its environmental footprint. This aligns with the broader industry trend of focusing on energy efficiency, carbon reduction, and sustainability in data center operations.
The project also reflects the growing investment in Canada’s data center sector, with major global players recognizing the country’s potential for supporting large-scale digital infrastructure. As AI and cloud services continue to expand, the demand for highly efficient, sustainable data centers will only grow. Yondr’s initiative demonstrates how technological advancements can drive sustainability while meeting the evolving needs of the digital economy.