Markets and policy
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3i closes €263m Lefdal Mine investment
3i Infrastructure completes its €263m investment in Norway’s Lefdal Mine.
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LITEON takes 25% stake in DCX
LITEON will invest $176m in Polish liquid cooling specialist DCX.
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Lords weigh data centre shutdown powers
A Lords amendment to the Cyber Security and Resilience Bill proposes emergency powers to direct data centre shutdowns during severe AI-related incidents, while separate amendments on thresholds and critical suppliers have fallen away.
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Spain data centre rules face backlash
SpainDC says proposed sustainability and grid-access rules could displace a large share of planned data centre investment, as Spain considers hourly renewable matching and stricter conditions for new connections.
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Energy Vault outlines Sardinia AI fast-track
Energy Vault has detailed the accelerated approval path and build-out plan for its Digital Vault Sulcis project in Sardinia, starting at around 30MW of AI IT capacity and targeting commercial operation by 2030.
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atNorth acquisition closes at $4bn
CPP Investments and Equinix have completed their $4 billion acquisition of atNorth, with Partners Group reinvesting and a $4.1 billion financing package backing the Nordic operator’s development pipeline.
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Orcadian signs offshore compute development pact
Orcadian signs offshore compute development pact around North Sea gas.
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Vertiv agrees $1.45bn UIG acquisition
Vertiv buys UIG to extend upstream into data centre power.
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ERCOT delays data centre queue classifications
ERCOT has delayed Batch Zero data-centre classifications while it verifies large-load projects, exposing a speculative-demand problem with close parallels in Britain’s electricity connection system.
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EuroHPC signs €387.8m LUMI-AI contract
EuroHPC has signed a €387.8m contract with Bull to deploy the LUMI-AI supercomputer at CSC’s Kajaani data centre, expanding European public AI compute capacity from 2027.