ADB unveils $5.4bn financing, Kazakhstan
The Asian Development Bank has unveiled $5.4 billion in indicative financing during 2026-2029 to support the development agenda of Kazakhstan
Macquarie inks JV for Korean data centres
Macquarie Asset Management and Gabia Inc. will jointly invest $411 million to develop more than 100MW of data centre capacity in South Korea over the next 4 to 6 years
TransAlta sings MoU for Canadian data center
Canadian power producer TransAlta Corporation has entered into an MoU with Canada Pension Plan Investment Board and Brookfield to develop a data center in Alberta, for which it will be the exclusive site and power provider
VNET to raise $138m through private placement shares, China
VNET Group has agreed a $137.7 million private placement through the issuance of 81 million newly issued Class A ordinary shares to institutional investors at a price of $1.7 per share, equivalent to $10.2 per ADS
New Era launches behind-the-meter gen plan at TCDC, US
New Era Energy & Digital's strategic partner Thunderhead Energy Solutions has entered into a commercial arrangement with Turbine-X Energy, an authorised channel partner for an original equipment manufacturer
OpenAI secures $110bn investment
OpenAI has secured $110 billion in investments from SoftBank, Nvidia and Amazon
Amazon to invest $50bn in OpenAI
Amazon and OpenAI have agreed a multi-year strategic partnership that includes a $50 billion equity investment from Amazon and a major expansion of OpenAI’s cloud and compute commitments with Amazon Web Services