The UK government’s AI Growth Zone team within DSIT could give electricity discounts to AI data centres across central Scotland, including a flagship project at Ravenscraig

MS&AD has entered into an agreement with MassMutual to acquire an 18% equity stake in global asset management firm Barings for around $1.44 billion

ESR has formed a partnership with Wide Creek Asset Management to develop its first data centre in South Korea

Princeton Digital Group has unveiled plans to invest $700 million for the development of multiple data centre campuses in South Korea

HICL Infrastructure and TRIG have signed detailed heads of terms to combine the trusts and create a listed infrastructure investment company with net assets of more than £5.3 billion

ADB has revealed plans to invest up to $2.5 billion to turn Azerbaijan into a regional hub for connectivity, trade and energy between Central Asia and Europe

NIB has signed a NOK1 billion loan agreement to finance 3 Hafslund projects in Norway

HE Group has secured a $13.7 million contract to provide electrical services for a data centre in Cyberjaya, Malaysia

Starwood, Doma and Telstra have formed a strategic partnership to develop a carrier-neutral data centre in Minchinbury, Western Sydney

ABB has expanded its partnership with Applied Digital to deliver medium- and low-voltage power infrastructure for the company’s second AI Factory campus in North Dakota