Power first strategy: How KKR, Blackrock are helping CyrusOne conquer market share one market at a time
Having recently joined CyrusOne in June of last year, what attracted you to the company at this moment of its evolution? What drew me to ...
Nextpower (NASDAQ: NXT) has agreed to acquire battery energy storage company Prevalon Energy for up to US$365 million in cash and stock, as the solar and power technology provider expands its presence in energy storage and power management systems for utilities and data centres. Prevalon, headqu...
June 12
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...
June 12
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...
June 12
ST Telemedia Global Data Centres (STT GDC) has expanded its Jakarta campus as part of a long-term pipeline of more than 360MW of IT capacity in Indonesia. The Singapore-headquartered colocation provider has launched STT Jakarta 2, topped out STT Jakarta 3, and broken ground on STT Jakarta 5 and STT Jakarta 6. The expansion is aimed at meeting growing demand for cloud, AI...
June 12
A morning briefing on what you need to know in the day ahead, including exclusive commentary from Tech Capital's writers