Weekly Data Centre News - 23/08/2024

Weekly Update! A new report has forecast for M&A activity to top the $40bn mark for this year, another example of the continued capital entering the sector. We have also seen major investment in existing platforms, and significant new developments announced across the world. A bit like my children, the data centre sector never stops...

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Event discount codes

We have secured some discount codes for future events:

Advancing Data Center Design & Engineering 2024 - August 26-27, San Jose, CA. Use code 'ADCDE10IDCP' for a 10% discount. Book here.

DCD Connect - London - 17-19 September. End users can get a complimentary pass. Invite Code: DCC. Register here.

DataCloud USA - Austin, 17-18 September. Use code 'DCCLUBUSA' to secure 10% off the ticket price. Book here.

Yotta 2024 - Las Vegas, 7-9 October. Use code 'DCC' to secure 20% off the ticket price. Book here.

DCAC is coming to Europe - Dublin, 15-16 October. Early bird discounts available. Book here.

Reports

Synergy Research: Data Center M&A Deals on the Rise Again, Heading Towards Record Levels. Read here.

Research and Markets: Data Center Construction Industry Outlook & Forecast 2024-2029. Read here.

Europe

A partially leased West London data center is for sale in Camberley, UK. Read here.

Latvia’s Tet to build data center outside Riga. Read here.

Greece is expected to grow in value from €695 million in 2023 to €1.2 billion in 2029. Read here.

Portugal's Start Campus has signed a €20 million ($22.3m) deal with Siemens Energy for transformers. Read here.

How Swiss Technology start-up Apheros Plans To Take The Heat Out Of The World’s Data Centres. Read here.

Goldman, Wren House are shortlisted in Nabiax sale. Read here.

Middle East & Africa

Abu Dhabi fund Mubadala invests in data centre firm Yondr. Read here.

Omani telco Omantel has launched a new data center in Salalah. Read here.

Data center operator Raxio Group has inaugurated its newest data center in the Democratic Republic of the Congo (DRC), its fourth in Africa. Read here.

APAC

Fiji’s Deputy Prime Minister announced that Google will build $200 million Data Centre in Fiji. Read here.

Amazon Web Services announced the launch of its AWS Asia Pacific (Malaysia) Region on Thursday, along with a pledge to invest an estimated US$6.2 billion in Malaysia from now to 2038. Read here.

SK Telecom Partners with Lambda to Launch AI Data Center in Seoul. Read here.

Spark New Zealand is stepping up investment in data centers as greater use of artificial intelligence and cloud-based services fans demand. Read here.

Huawei is doubling down on its artificial intelligence (AI) offerings in the Asia-Pacific region. Read here.

AirTrunk has started on the expansion of its 21.7 acre MEL1 campus at Derrimut in the west of Melbourne. Read here.

Taiwan has stopped approving data centers larger than 5MW in the regions north of Taoyuan. Read here.

Aurum invests $400m in 100MW data center in Hyderabad, India. Read here.

North America

Novva Data Centers announced a new campus in Mesa. Read here.

Edged Energy announced the grand opening of its first North American (Atlanta) data center. Read here.

QTS is looking to expand its data center campus in Chicago. Read here.

'A leading AI company' is planning a $3bn data center campus in Oklahoma. Read here.

Stream Data Centers has topped out a second data center facility on its Goodyear Campus in Phoenix, Arizona. Read here.

Microsoft proposes Cherry Valley data center on 300 acre site. Read here.

Microsoft inks $10 billion green energy deal. Read here.

9LDG plans AI data center at Niagara Falls. Read here.

Hudson Interxchange has unveiled plans to expand its New York data centre.?Read here.

96 acres of land in Florence, Arizona, is being eyed up for a data center development. Read here.

Barrio Energy acquires 12MW data center in Tyler, Texas. Read here.

The amount of data center supply under construction in North America's top markets jumped by about 70% compared to a year ago to a record 3.9 gigawatts. Read here.

Real estate investment, development, and management company Greystar is segueing into infrastructure. Read here.

Two separate proposals for data center campuses in and around Richmond, Virginia, have been deferred by local officials. Read here.

Crypto firm Bitfarms to acquire Stronghold Mining. Read here.

South America

Scala Data Centers has issued $250 million in green debentures to fund its S?o Paulo, Brazil, data center. Read here.

Brazil’s Scala Data Centers has launched the second phase of its data center campus in S?o Paulo. Read here.

Claro Argentina to build $30m data center in Buenos Aires. Read here.

Other interesting articles

VanEck: Bitcoin miners could make $13.9bn a year from AI deals. Read here.

AI success limited by lack of skills and governance issues. Read here.

The big winners of the AI boom are the most boring companies imaginable. Read here.

From coal plant to data center: Old power stations are being repurposed. Read here.

The ongoing impact of Amsterdam's data center moratorium. Read here.

AI to go nuclear? Data center deals say it’s inevitable. Read here.

What are some of the risk around data centre development? Watch here.

Inside Data Centre Podcast

On this weeks podcast I talk data centres with Dave Buckner from Sabey Data Centers, and Michelle Irwin from Hanson Wade. Listen here.

Have a great week.