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North America

The Tech Capital Microsoft secures mega land purchase and data centre development agreement in Mount Pleasant

Microsoft's venture in Mount Pleasant, Wisconsin, has received the first of two local government approvals required for the acquisition of over 600 acres of industrial park land. This development is expected to lead to billions of dollars of investment in data centre construction. The Mount Pleasant Village Board unanimously approved the sale, along with a host of revise...

November 28

The Tech Capital DataBank raises $1.6bn in 2023 alone to finance data centre expansion

US data centre operator DataBank has closed another capital round which has taken its 2023 raising to nearly US$1.6 billion. The group has secured an extra US$533 million through a combination of debt and equity to fund the construction of new data centres. The capital will be used to meet the fast-growing need for capacity driven by the rise of artificial intelligence (...

November 28

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