Oracle (NYSE: ORCL) has revealed a US$95 billion capital expenditure budget for its 2027 financial year, which runs June 1 2026 to May 31 2027. The move comes after its FY2026 capex touched US$55 billion, a US$5 billion overrun on the company’s own estimates. With Remaining Performance Obligations (RPO) of US$638 billion, the vast majority of which are tied to AI cloud...

Green Horizon has secured planning approval for Norway 1, a €300 million (US$344 million) data centre development near Stavanger, allowing the Norwegian developer to move into the final design and construction phase of the project. The approval follows earlier zoning consent for the site and clears the way for construction to begin later in 2026. Green Horizon is work...

French renewables developer Voltalia has secured 322MW of grid connection capacity at the Pecém Industrial and Port Complex (CIPP) in Brazil's Ceará state. The capacity was secured through a Transmission System Usage Agreement (CUST) with Brazil's National Electric System Operator (ONS), providing Voltalia with access to transmission infrastructure at the site, which is b...