Data Center Investment News — 20/12/2024
Duos Technologies to Develop Data Centers at Texas’s Pampa Energy Center
Duos Technologies is set to develop state-of-the-art data centers within the Pampa Energy Center in Texas. The project aims to support high-performance computing, cloud services, and edge applications.
“The US faces a tough challenge in alleviating the current data center demand shortfall, as well as building data centers with alternative energy sources,” said Doug Recker, president and founder of Duos Edge AI.
Duos Technologies is set to develop a high-density data center campus at Pampa Energy Center (PEC).
Through Duos subsidiaries Duos Edge AI and Duos Energy, the company will develop data centers supported by up to 500MW of self-generated natural gas power and supplemented by up to 200MW of wind turbine generation and alternative fuel services.
This initiative leverages the region’s abundant energy resources, enhancing the scalability and sustainability of operations. With a strategic focus on green energy and modular architecture, the data centers will address rising demand in Texas and neighboring regions.
Cologix Commits $7 Billion to Licking County Data Center Campus in Ohio
Cologix has announced a $7 billion investment to develop a large-scale data center campus in Licking County, Ohio. The campus will support hyperscale and enterprise customers, offering cutting-edge facilities with robust network connectivity.
“As the largest provider of colocation and interconnection solutions in Columbus, we are thrilled to deepen our investment in central Ohio,” Cologix CEO Laura Ortman said in a statement. “This new eight-data-center campus is more than an expansion — it’s a testament to our commitment to high-capacity, resilient digital infrastructure that not only meets but anticipates our customers’ evolving requirements.”
Cologix emphasizes sustainability, planning to use renewable energy and eco-friendly designs. The development strengthens Ohio’s position as a growing hub for digital infrastructure.
Microsoft to Build Four Data Centers in Irving, Texas
Microsoft plans to establish four data centers in Irving, Texas, as part of its cloud infrastructure expansion. These facilities will enhance Azure’s capabilities, providing faster and more reliable services to businesses.
“While we cannot provide details on specific projects, the Greater-Irving Las Colinas Chamber of Commerce and the Irving Economic Development Partnership along with the city of Irving are committed to promoting economic development opportunities that support our city’s sustained growth and enhance an outstanding quality of life for our residents,” Beth Bowman, president and CEO of the Greater Irving-Las Colinas Chamber of Commerce, said in a statement.
The project aligns with Microsoft’s commitment to sustainability, incorporating renewable energy and water-saving technologies. This investment is expected to boost local economic development and job creation.
Massive Data Center Planned on 114-Acre Plot in Rome, Georgia
A large-scale data center is set to be constructed on a 114-acre site in Rome, Georgia. The project will cater to the growing needs of hyperscale and enterprise clients. It emphasizes energy efficiency and sustainable practices, with plans for renewable energy integration.
The development authority said it will be the second data center project in the county, and likely not the last.
Specifications of the project have not yet been shared.
Currently, a specific company has not been named for the project. However, the buyer of the land is the living trust of William Darryl Edwards and is represented by three developers; Darryl Edwards, Darren Hardin, and Jonathan Ward.
The facility will play a key role in strengthening Georgia’s position in the Southeastern US data center market.
Rowan’s Two Data Center Projects in Maryland Receive Approval
Rowan has secured approval for two data center developments in Maryland. These projects will feature advanced designs to support hyperscale cloud services and AI applications.
“We are pleased that the planning commission agreed with county staff and approved our applications today. These decisions are just one important milestone within a comprehensive public process that has spanned over a year,” said Tim Alborg, director of government and community affairs at Rowan.
The centers are strategically located to capitalize on the region’s robust connectivity and energy resources. Rowan’s focus on sustainability and cutting-edge technology highlights its commitment to innovation in the data center sector.
MEAG and GIC Commit $1.5 Billion to Vantage’s EMEA Data Center Platform
MEAG and GIC have invested $1.5 billion in Vantage’s data center operations across Europe, the Middle East, and Africa (EMEA). This funding will accelerate Vantage’s growth, enabling the development of new facilities and the expansion of existing ones.
David Pecher, senior transaction manager infrastructure equity at MEAG, said: “We would like to thank all partners and colleagues involved for the close and trusting cooperation that led to the success of this transaction. The investment is a further milestone in MEAG’s strategic expansion into digital infrastructure, which includes now ~250MW of IT capacity in data centers.”
The investment underscores the region’s increasing demand for digital infrastructure, with sustainability as a key priority.
AWS to Invest $23 Billion in Ohio by 2030
Amazon Web Services (AWS) has committed $23 billion to expand its data center footprint in Ohio by 2030. The investment will support cloud infrastructure development, creating thousands of jobs and contributing to the local economy.
“As reliance on digital services continues to grow, so does the importance of data centers; they are critical to today’s modern economy,” said Governor DeWine. “AWS’ substantial investment in Ohio will keep our state at the forefront of the global technology.”
Amazon’s shares have since risen by 1.5 percent since Governor DeWine’s statement on December 16, 2024.
AWS also emphasizes renewable energy usage and sustainable operations in its Ohio-based projects.
Verne Global Plans 70MW Data Center in Mäntsälä, Finland
Verne Global is developing a 70MW data center in Mäntsälä, Finland, leveraging the region’s cool climate and renewable energy sources. The facility will cater to energy-intensive applications such as AI, machine learning, and HPC.
“Verne’s Mäntsälä data center campus represents a significant step in our mission to help global enterprises embrace advanced computing while at the same time reducing their impact on the environment,” Dominic Ward, Verne’s CEO, said.
“This new site is part of our strategy of continuous growth across the Nordic region and marks our first new location following Ardian’s acquisition of Verne.
Verne’s expansion reinforces Finland’s role as a key player in Europe’s data center landscape.
IPTO and ServerFarm Partner for Hyperscale Data Centers in Greece
IPTO and ServerFarm have formed a joint venture to establish hyperscale data centers in Greece. The partnership aims to support the region’s growing digital economy by providing scalable and sustainable infrastructure.
“Our strategic partnership with IPTO, underscores our mission to invest in transformative projects that create long-term value. The Greek data center market is still one of the most under-served in Europe, but at the same time, its geographical location makes it ideal to serve as a data gateway between continents,” said Avner Papouchado, founder and CEO of Severfarm.
These data centers will cater to cloud services, edge applications, and enterprise solutions, enhancing Greece’s connectivity and global competitiveness.
Google Joins $310M Investment in Africa’s Cassava Digital Infrastructure Platform
Google has participated in a $310 million funding round for Cassava, Africa’s digital infrastructure platform. The investment aims to drive the expansion of digital services across the continent, including data center developments and connectivity solutions.
Hardy Pemhiwa, Group CEO of Cassava Technologies, said: “The $310 million financing, combined with our strategic reorganization, is part of our repositioning into an integrated digital solutions platform. We are focused on delivering broadband connectivity, co-location (data centers), cloud, cybersecurity, AI computing, and fintech services in our chosen markets.”
The recent equity investment has diversified Cassava’s shareholder base, introducing tech giant Google alongside existing partners such as Econet Group, British International Investment, and Africa Export-Import Bank.
Cassava’s initiatives will support Africa’s growing demand for digital transformation and cloud services.
Empyrion Digital Plans AI-Focused Data Center in Taiwan by 2027
Empyrion Digital has announced plans for a cutting-edge AI data center in Taiwan, expected to be operational by 2027. The facility will cater to AI-driven applications and advanced analytics, supporting the region’s innovation ecosystem.
“GIGABYTE’s GIGAPOD solution aligns fully with our strategy to build AI-ready data centres while maintaining the highest standards of efficiency and performance. This collaboration enables us to meet the growing demand for AI while optimizing resource utilisation,” Mark Fong, CEO of Empyrion Digital added.
Empyrion Digital was founded in 2020. The company was previously known as Empyrion DC, but rebranded in March 2024.
Empyrion’s focus on sustainability and next-gen technology reinforces Taiwan’s role in Asia’s data center market.
CBRE India Forecasts $100 Billion in Data Center Investments
CBRE India predicts $100 billion in data center investments in the coming years, driven by rapid digitalization and government initiatives. The forecast highlights significant opportunities in key cities, including Mumbai, Bangalore, and Chennai.
Maharashtra, Tamil Nadu, Telangana, Uttar Pradesh, and West Bengal saw the majority of this figure invested and CBRE anticipates the cumulative investment commitment in India to surpass US$100 billion by the end of 2027.
In addition to AI capacity being built, demand is being driven by a diverse range of sectors including technology companies, and other corporates such as fintech and media companies.
Public sector digitisation is also driving government entities to third-party colocation data centres.
CBRE emphasizes the need for sustainable and scalable solutions to meet India’s growing demand.
Terrabyte Data Centers Launches Exascale Infrastructure Platform
Terrabyte Data Centers has introduced a new exascale digital infrastructure platform, aiming to redefine scalability and efficiency in data center operations.
Salema emphasised the company’s commitment to future-proofing its infrastructure: “This is not just about building better data centres – it is about changing the world. It’s about creating the future we all want to see, where innovation meets responsibility, and where growth and sustainability go hand in hand.”
The launch of TerraByte Data Centers comes at a time when the data centre industry is under increasing pressure to reduce its environmental impact while meeting the growing demand for digital services.
The platform focuses on supporting hyperscale and enterprise clients with cutting-edge technologies and sustainable practices. This launch marks a significant milestone in the evolution of data center capabilities.
atNorth Acquires Land for Mega Nordic Data Center Project
atNorth has acquired land to develop a large-scale data center in the Nordics. The project will leverage the region’s natural cooling capabilities and renewable energy resources.
Johan Andersson, Chair of the Municipal Executive Committee, said: “This is a fantastic opportunity for Sollefteå Municipality and the Hamre area. We are delighted to collaborate with atNorth, a company that leads in data centre solutions and sustainable technology. This project can help strengthen our region as a hub for innovative development”.
This initiative underscores atNorth’s commitment to sustainability and innovation in the data center industry.