Data Center Investment News — 21/02/2025
Microsoft Unveils $700 Million Cloud and AI Investment Plan for Poland
Microsoft has announced a significant $700 million investment in Poland to expand its cloud and artificial intelligence (AI) infrastructure. This initiative is part of Microsoft’s ongoing efforts to strengthen digital transformation in Central and Eastern Europe, aligning with Poland’s growing status as a key technology and business hub in the region.
The investment will go toward expanding Microsoft’s existing data centre presence in Poland, supporting local enterprises, startups, and government institutions in accelerating their adoption of cloud computing and AI-driven solutions. As AI technology continues to revolutionize industries, Microsoft’s enhanced infrastructure in Poland is expected to provide businesses with advanced tools for innovation, automation, and digital growth.
Poland has been emerging as a critical player in the European data centre market due to its strong economic growth, skilled workforce, and strategic geographical location. Microsoft’s latest investment will contribute to the development of Poland’s digital economy by creating new job opportunities, improving cybersecurity capabilities, and enhancing cloud accessibility for Polish companies.
In addition to expanding infrastructure, Microsoft plans to focus on sustainability by incorporating energy-efficient technologies and green power sources into its Polish data centres. This aligns with the company’s global goal of achieving carbon neutrality and reducing its environmental footprint in cloud operations.
This investment strengthens Poland’s position as a leading digital hub in Central and Eastern Europe and reinforces Microsoft’s commitment to expanding AI and cloud services across the continent. The company’s presence in Poland is expected to attract further investments from global tech firms, driving innovation and economic growth in the region.
Iron Mountain Takes Minority Stake in Ooredoo’s Data Centre Business
Iron Mountain, a global leader in data storage and information management, has acquired a minority stake in Ooredoo’s data centre business. This strategic move is part of a broader initiative to expand Iron Mountain’s presence in high-growth digital infrastructure markets, particularly in the Middle East, North Africa, and Southeast Asia, where Ooredoo operates.
Ooredoo, a telecommunications giant headquartered in Qatar, has been scaling up its data centre operations to meet the rising demand for cloud services, AI-driven computing, and enterprise storage solutions. By partnering with Iron Mountain, Ooredoo aims to leverage the company’s expertise in data security, colocation, and managed services, further strengthening its position as a leading regional data centre provider.
This investment aligns with Iron Mountain’s strategy to expand into emerging markets and capitalize on the increasing need for scalable, secure, and energy-efficient data centres. The partnership also supports Ooredoo’s long-term vision of enhancing its digital infrastructure portfolio and driving innovation in cloud and AI services.
As data centre investments continue to grow globally, collaborations between major players like Iron Mountain and Ooredoo highlight the increasing importance of digital transformation in the telecommunications and enterprise sectors. The partnership is expected to accelerate the development of cutting-edge data centre solutions in key markets, enabling businesses to optimize their cloud strategies and enhance cybersecurity resilience.
South Korea Pitches for World’s Largest Data Centre with $35 Billion CAPE
South Korea has unveiled an ambitious plan to develop what could become the world’s largest data centre, with an estimated capital expenditure (Capex) of $35 billion. The project is part of the country’s broader strategy to strengthen its position as a global technology leader, particularly in AI, cloud computing, and digital infrastructure.
The massive data centre project aims to support the growing demand for hyperscale computing and AI-driven workloads, driven by South Korea’s booming tech industry. The country has long been a leader in semiconductor manufacturing, 5G technology, and digital services, making it a prime location for such a large-scale data centre initiative.
The proposed facility is expected to provide unparalleled computing power and storage capacity, catering to the needs of enterprises, research institutions, and global tech firms looking to scale their AI and cloud operations. It will also contribute significantly to the local economy by creating thousands of jobs and attracting further foreign investments in South Korea’s digital ecosystem.
One of the key focuses of the project is sustainability. South Korea is planning to integrate green energy solutions, including renewable power sources and advanced cooling technologies, to minimize the environmental impact of the data centre. This aligns with the global trend of making large-scale data infrastructure more energy-efficient and environmentally responsible.
If successfully implemented, this project would position South Korea as a dominant player in the global data centre market, competing with established hubs in the United States, Europe, and China. It would also strengthen the country’s role in the rapidly evolving AI and cloud computing industries, further solidifying its reputation as a high-tech powerhouse.
AREP Closes $300M Fund IV to Expand Data Centre Investments
American Real Estate Partners (AREP) has successfully closed its fourth investment fund, raising $300 million to accelerate its expansion in the data centre sector. This move highlights the increasing demand for digital infrastructure as companies worldwide continue to shift toward cloud computing, artificial intelligence, and high-performance data storage.
AREP, a real estate investment and operating company, has been actively growing its portfolio of data centres across North America. The new fund will be used to develop, acquire, and enhance facilities that cater to hyperscale cloud providers, colocation services, and enterprise clients. The firm’s strategy focuses on high-growth markets with strong demand for scalable, secure, and energy-efficient data centre solutions.
This investment aligns with the broader trend of real estate firms pivoting toward digital infrastructure, as data centres continue to outperform traditional commercial properties in terms of profitability and long-term growth potential. AREP aims to leverage its expertise in property development to build state-of-the-art facilities that meet the evolving needs of AI-driven computing and next-generation digital services.
The fund’s closing comes at a time when data centre investments are surging globally, with major financial institutions, private equity firms, and infrastructure funds recognizing the critical role of data centres in the digital economy. AREP’s latest funding round positions the company as a key player in this rapidly expanding industry, reinforcing its commitment to innovation and sustainable infrastructure development.
Trump Family Backs Dominari Holdings New Data Centre Platform
Dominari Holdings, a financial services and investment firm, has launched a new data centre platform with backing from the Trump family. The move marks the latest effort by high-profile investors to capitalize on the growing demand for digital infrastructure, particularly in the AI and cloud computing sectors.
While details about the scale and specific locations of Dominari’s data centre projects remain limited, the company aims to develop next-generation facilities tailored for hyperscale computing, colocation services, and enterprise cloud solutions. The involvement of the Trump family has drawn significant attention, given their past ventures in real estate, media, and technology investments.
Dominari Holdings’ entry into the data centre industry aligns with broader investment trends where private equity firms, real estate developers, and institutional investors are aggressively funding digital infrastructure projects. The rising need for data processing power, especially with the expansion of AI-driven applications, has made the sector one of the most attractive investment opportunities.
The firm is expected to focus on strategic locations across North America, tapping into markets with strong connectivity, power availability, and incentives for data centre development. With substantial financial backing and a high-profile investor base, Dominari’s new platform could become a notable player in the industry, competing with established data centre operators and hyperscale providers.
Segro looks to Pivot Beyond Powered Shells to Offer Fully Fitted Data Centers
SEGRO, a leading real estate investment trust (REIT), is shifting its strategy to move beyond developing powered shells and into providing fully fitted-out data centers. This transition marks a significant evolution in the company’s approach to the booming data center industry, as it seeks to offer a more comprehensive solution to hyperscale, enterprise, and colocation clients.
Traditionally, SEGRO has focused on constructing powered shells—structures equipped with essential infrastructure like power and cooling but requiring tenants to complete the internal fit-out. However, with increasing demand for plug-and-play data center solutions, SEGRO is positioning itself as a full-service provider, delivering ready-to-operate facilities that accelerate deployment for tech companies, cloud providers, and AI-driven enterprises.
This shift is driven by the growing pressure on data center developers to reduce deployment timelines. As businesses rely more on AI, big data, and cloud computing, companies are looking for turnkey solutions that allow them to scale operations quickly. SEGRO’s new approach aligns with this need, enabling faster market entry while maintaining high levels of efficiency and reliability.
With its extensive experience in industrial real estate, SEGRO is well-positioned to expand into fully operational data center solutions. The move also highlights the increasing convergence between real estate and digital infrastructure, as property developers recognize the long-term value of investing in the data-driven economy.
City of Cedar Rapids Officially Confirms QTS Behind Iowa Data Center Campus
The City of Cedar Rapids has officially confirmed that QTS Data Centers is the company behind a large-scale data center development in Iowa. The project, which had been shrouded in speculation for months, is now revealed to be a major investment by QTS, a leading provider of hyperscale and colocation data centers.
QTS’s new campus in Cedar Rapids is expected to be a significant addition to its growing portfolio of high-capacity data centers. The company specializes in building large-scale, energy-efficient facilities designed to support cloud computing, AI workloads, and enterprise IT services. This development is in line with Iowa’s reputation as a prime location for data centers, thanks to its affordable power, favorable tax incentives, and a climate conducive to natural cooling.
The Cedar Rapids project underscores QTS’s strategic expansion efforts to meet the surging demand for digital infrastructure in North America. With the rise of AI and cloud-based applications, data center operators are aggressively expanding to accommodate the growing needs of hyperscale companies and large enterprises.
City officials have expressed enthusiasm about the economic benefits of the project, highlighting job creation, increased investment in local utilities, and potential partnerships with technology firms. As construction progresses, QTS’s presence in Cedar Rapids is expected to further solidify the Midwest as a critical hub for digital infrastructure.
NorthC Breaks ground on 4.5MW expansion in Amsterdam
NorthC, a leading data center provider in the Netherlands, has officially commenced construction on a significant expansion of its Amsterdam data center campus. The project will add 4.5MW of additional capacity, reinforcing the company’s commitment to supporting the growing demand for digital infrastructure across Europe.
This expansion is driven by increasing data center needs from hyperscalers, cloud service providers, and enterprise clients looking for secure and scalable colocation solutions. Amsterdam has long been a prime destination for data centers due to its robust connectivity, stable power supply, and strategic location as a key digital hub in Europe.
NorthC’s new facility will incorporate state-of-the-art cooling and energy efficiency technologies, aligning with the company’s sustainability objectives. The data center will also prioritize renewable energy sources and advanced heat reuse systems to minimize its environmental impact. As governments across Europe push for greener data center solutions, NorthC’s expansion highlights the industry’s efforts to balance growth with sustainability.
The addition of this 4.5MW facility further strengthens NorthC’s market position and enhances Amsterdam’s reputation as one of Europe’s leading data center hubs. With construction now underway, the expanded campus is set to play a crucial role in meeting the region’s increasing data storage and processing demands.
Goodman Group Raising $4 Billion to Drive Logistics and Data Centre Expansion
Goodman Group, a global industrial property giant, is seeking to raise $4 billion to accelerate its data centre investments. As demand for digital infrastructure surges due to AI, cloud computing, and hyperscale operations, the company aims to capitalize on the growing market by expanding its footprint in key global regions.
Goodman has been actively transitioning from traditional industrial real estate to high-tech infrastructure, focusing on developing large-scale data centres in strategic locations. The company already owns prime real estate in key metropolitan hubs, making it well-positioned to convert industrial sites into cutting-edge digital infrastructure.
The $4 billion funding effort is expected to support multiple projects, including new data centre developments and the expansion of existing facilities. With hyperscalers and enterprise clients requiring increasing amounts of computing power, Goodman’s investment signals a long-term commitment to digital transformation.
Market analysts note that the move aligns with broader industry trends, where real estate firms are shifting toward data centre investments to meet the demands of AI-driven workloads and cloud services. If successful, this fundraising round will provide Goodman with the financial leverage needed to establish itself as a major player in the data centre sector.
Oxigen Opens its Largest Data Center in Spain in Partnership with Vertiv
Oxigen, a rising player in the European data center market, has officially launched Spain’s largest data center, developed in collaboration with Vertiv. This new facility aims to meet the surging demand for cloud services, AI workloads, and digital transformation across the region.
Strategically located, the data center offers cutting-edge infrastructure with high-density computing capabilities, state-of-the-art cooling systems, and energy-efficient technologies. The facility is designed to support hyperscalers, enterprises, and government agencies requiring secure and scalable digital infrastructure.
Oxigen’s partnership with Vertiv ensures that the data center benefits from advanced power management and cooling solutions, optimizing operational efficiency while maintaining sustainability goals. The facility will also integrate renewable energy sources, aligning with Spain’s and the European Union’s green energy transition.
This launch represents a significant milestone for Spain’s digital economy, strengthening its position as a key technology hub in Southern Europe. As demand for AI processing, cloud storage, and data-intensive applications grows, Oxigen’s new facility is set to play a crucial role in supporting the region’s expanding digital ecosystem.
Aligned Data Centers Expands DFW Footprint with New Data Center in Mansfield, TX
Aligned Data Centers is expanding its Dallas-Fort Worth (DFW) footprint with a new data center campus, DFW-03, in Mansfield, Texas. The facility, set on a 27-acre site with an on-site substation, will support AI, cloud, and enterprise applications, with initial capacity expected by Q4 2025. CEO Andrew Schaap emphasized DFW’s importance in Aligned’s growth strategy, highlighting the company’s focus on high-performance infrastructure for AI and cloud workloads.
The facility will feature adaptive modular infrastructure and advanced cooling technologies, supporting high-density GPUs with power availability exceeding 350 kW per rack. Additionally, Aligned is partnering with the City of Mansfield on a sustainability initiative, the “Roots for the Future Fund,” to enhance greenery and air quality. This expansion reinforces Aligned’s commitment to scalable, sustainable, and high-performance data center solutions in key markets.
QuadReal, T5 Capital Expand Data Center Platform to $8 Billion
QuadReal Property Group and T5 Capital have announced a major expansion of their data center investment platform, increasing its scale to $8 billion. This move reflects the accelerating demand for large-scale digital infrastructure, particularly driven by cloud computing, AI, and hyperscale data requirements.
QuadReal, a global real estate investment firm, and T5 Capital, a data center development specialist, initially launched their joint venture to focus on high-performance data center campuses across North America and other strategic global locations. With this latest expansion, the partnership aims to accelerate the construction of new facilities and upgrade existing sites to meet the increasing power and cooling demands of modern workloads.
The $8 billion expansion will enable the development of next-generation, energy-efficient data centers with a focus on sustainability and operational resilience. As data consumption continues to surge, major investors are recognizing the critical role of data centers in supporting global digital transformation.
With this significant increase in capital, QuadReal and T5 Capital are positioning themselves to be leading providers of advanced digital infrastructure. Their focus will be on strategic regions where hyperscalers, enterprises, and AI-driven applications require state-of-the-art data processing and storage capabilities.
Overwatch Capital Acquires Data Center in Plano, Texas
Overwatch Capital has completed the acquisition of a data center in Plano, Texas, marking a strategic expansion into the rapidly growing digital infrastructure market. Plano, a key technology hub in the Dallas-Fort Worth metro area, has seen increasing demand for data center facilities due to its business-friendly environment, robust connectivity, and proximity to major cloud providers.
The newly acquired facility is expected to serve enterprise clients, hyperscalers, and cloud service providers looking for secure, high-performance data processing and storage solutions. Overwatch Capital aims to enhance the data center’s capabilities by integrating advanced cooling systems, increasing energy efficiency, and expanding capacity to meet rising computational demands.
With the rapid growth of AI workloads, cloud computing, and edge deployments, Texas has emerged as a leading destination for data center investments. The acquisition aligns with Overwatch Capital’s broader strategy to expand its presence in key digital infrastructure markets across North America.
As demand for digital services accelerates, Overwatch Capital’s move to acquire and upgrade this Plano facility reinforces its commitment to providing cutting-edge infrastructure solutions. The company plans to further invest in data center development, supporting businesses that rely on high-performance computing, cybersecurity, and scalable cloud environments.
ImpactData Partners with Raeden for Greensboro Data Center in North Carolina
ImpactData has announced a strategic partnership with Raeden, a digital infrastructure investment firm, to develop a new data center in Greensboro, North Carolina. The facility will focus on providing high-performance computing, cloud services, and colocation solutions to enterprise clients, hyperscalers, and AI-driven applications.
Greensboro is emerging as a key location for data center expansion due to its strong fiber connectivity, affordable power costs, and business-friendly environment. The new facility will leverage advanced cooling technologies and energy-efficient infrastructure to meet the increasing demand for sustainable data centers.
ImpactData and Raeden aim to create a next-generation digital hub that will support AI workloads, edge computing, and enterprise cloud deployments. The data center is expected to attract major technology firms looking for scalable, high-performance infrastructure.
This partnership aligns with a broader trend in the industry where investors are increasingly prioritizing sustainability and efficiency in data center development. As the demand for AI, machine learning, and cloud computing continues to surge, the Greensboro data center is poised to play a crucial role in supporting the digital transformation of businesses in the region.
Teton Digital Gets Go-Ahead for 100MW Data Center in North Dakota
Teton Digital has received official approval to develop a 100MW data center in North Dakota, marking a significant step in the state’s growing digital infrastructure sector. The facility will cater to hyperscalers, enterprise clients, and AI-driven workloads, capitalizing on North Dakota’s abundant renewable energy resources and strategic location.
The new data center is expected to leverage sustainable power sources, including wind and hydroelectric energy, to ensure efficient and environmentally friendly operations. With increasing demand for high-performance computing and AI applications, Teton Digital aims to create a state-of-the-art facility designed for scalability and efficiency.
North Dakota has been gaining attention as a viable data center destination due to its low electricity costs, stable climate, and strong connectivity. The approval of Teton Digital’s project highlights the region’s commitment to attracting large-scale digital infrastructure investments.
The 100MW facility will play a crucial role in supporting AI workloads, cloud computing, and enterprise data needs, making it a key player in North America’s evolving data center landscape. The company plans to begin construction soon, with operations expected to commence in the coming years.