News
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B&W secures 1GW Siemens turbine programme
Babcock & Wilcox has ordered work to begin on 20 Siemens Energy steam turbine-generator sets totalling 1GW for fast-track data-centre power projects.
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Data centres lift Balfour Beatty US orders
Balfour Beatty secured about $350m of US data-centre orders in the first half and has another $1bn of work expected to contract over 12 months.
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H.I.G. buys UK contractor Phoenix ME
H.I.G. Capital has acquired London-headquartered Phoenix ME, adding a specialist mechanical and electrical contractor with significant UK and European data-centre exposure.
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Data centres enter sustainable-finance growth engine
ING expects data centres, renewable energy, and associated infrastructure to remain major drivers of sustainable financing through 2026 and 2027.
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Fire drives severity in data-centre losses
Fire accounts for more than half the severity of roughly €700m in analysed data-centre losses, while water damage is the most frequent claim cause.
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EMEA gains ground in data-centre growth
Finland, Denmark, France, Portugal, and Saudi Arabia are among the world’s ten fastest-scaling data-centre markets, according to new Savills analysis.
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Mistral targets 1GW European AI capacity
Mistral plans to build up to 1GW of European compute capacity by 2030 as it tries to turn AI sovereignty into physical regional infrastructure.
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EU clears $4bn atNorth acquisition
European competition clearance removes a regulatory condition from CPP Investments and Equinix’s $4bn acquisition of Nordic data-centre operator atNorth.
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Norway data centres head for 11TWh power demand
Norway’s data centres could consume 11TWh annually by 2030, more than three times last year’s level, according to new estimates from Thema Consulting.
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Fermi lands 222MW TensorWave lease at Matador
TensorWave has signed for 222MW at Fermi’s Project Matador campus.