DataBank

Recent news

• Jul 23, 2026

  White House Expands Data Center Ratepayer Pledge as Congress Moves to Codify Protections

  The White House expanded its voluntary Ratepayer Protection Pledge to 187 utilities, electric cooperatives, and data-center developers, while Congress advanced the bipartisan Ratepayer Protection Act from committee 52-0.

  • The White House said the pledge now covers 187 organizations plus 23 governors, and the coalition “protects” 263 million Americans; signatories commit to fund generation and grid upgrades for their data-center loads without shifting costs to other ratepayers.
  • The House Energy and Commerce Committee advanced H.R. 9340 on July 21; the bill would require state regulators and nonregulated utilities to consider a large-load standard for sites with at least 100 MW peak demand and recover the full incremental cost of grid upgrades. New York’s Executive Order 62 separately put permits for 50 MW+ data centers on hold pending an environmental review.
• Jun 25, 2026

  DigitalBridge considers sale of Malaysia's AIMS DC - report

  DigitalBridge is reportedly exploring options for its Malaysian unit, AIMS Data Centres, including fundraising, bringing in new investors, or an outright sale.

  • Main report / action: DigitalBridge is working with a financial advisor and has reached out to prospective investors to gauge interest in AIMS Data Centres; possible options include raising funds, bringing in new investors, or an outright sale, and any deal could value AIMS at as much as $2 billion. The article is a media report citing unnamed sources rather than an official company announcement.
  • Background and details: AIMS was acquired by DigitalBridge in November 2022 from Time dotCom; AIMS operates four data centres (two in Kuala Lumpur and Cyberjaya, Malaysia, and one in Bangkok, Thailand) and has previously listed plans for three more facilities in Vietnam. DigitalBridge is noted as having ~$115bn in assets under management and is in the process of being acquired by SoftBank; the piece also references separate market activity including Stack Infrastructure considering a sale of its Asia operations.
• Jun 22, 2026

  DataBank files for 200MW data center campus outside Atlanta, Georgia

  DataBank has filed a Development of Regional Impact (DRI) application with the Georgia Department of Community Affairs to develop a new data center campus called Project Indo in Cartersville, Georgia.

  • Project details: DataBank filed for a 200MW, 1.1 million sq ft (102,193 sqm) data center campus on 69 acres at 218 Industrial Park Road (Project Indo), with a 288MW utility grid connection requested and the first phase potentially launching in 2032.
  • Background and context: The land is owned by Colloid Environmental Technologies Company (CETCO) (an existing manufacturing site near a substation); the project is estimated at $2.4 billion at full build-out. DataBank currently operates 65+ data centers across 25 US metro markets and has a 177MW footprint in Atlanta across six facilities (751,270 sq ft).
• Jun 18, 2026

  Battery Storage Moves Closer to Data Centers, but Challenges Persist

  DataBank has deployed utility-scale BESS at several data centers and connected two systems to a virtual power plant to shave peak demand and support grid operations.

  • Main action: DataBank has deployed utility-scale BESS at several data centers, with two systems connected to a virtual power plant to help utilities avoid building new generation and improve grid flexibility; Google has announced plans for a 300 MW iron-air battery at a Minnesota data center and partnered with Voltus on a 100 MW virtual power plant initiative in PJM.
  • Context and details:Peak Energy (partnering with General Motors) is developing sodium-ion batteries and claims reduced system complexity and up to 20% lifetime operational savings; operators cite cost, footprint, performance, BOS complexity, cooling, and public acceptance as primary deployment constraints, and note that BESS deployment remains requirement-driven rather than standard across new builds.
• Jun 16, 2026

  Dallas-Based DataBank Closes $1.45B Financing, Supports Data Center Project in Red Oak

  DataBank has closed two financing transactions totaling $1.45 billion to support corporate needs and construction at its Red Oak data center campus.

  • Main announcement: DataBank closed an $800 million revolving credit facility and a $650 million upsize of its existing construction financing, bringing the Red Oak campus financing to $2.65 billion; the upsize will support construction of the fourth building and add 60 megawatts of incremental IT capacity. The revolver was arranged by a syndicate led by Citizens Bank, N.A., with joint lead arrangers including Citibank and MUFG Bank, Ltd., and the revolver matures in 2031.
  • Background and deal structure: The $650 million upsize consists of $400 million in bank financing and $250 million of notes placed in a private placement (DataBank’s first private placement); MUFG served as administrative agent, coordinating lead arranger, and sole bookrunner for the construction facility and as Lead Placement Agent for the private placement, with TD Securities (USA) LLC and Barclays as Joint Placement Agents, and Citibank, Citizens Bank, N.A., and National Bank of Canada as Co-Placement Agents. A prior April announcement referenced a $2 billion loan for the first three of eight planned Red Oak data centers.
• Jun 16, 2026

  Emerging Power Strategies Transforming AI Data Center Development

  Data Center Frontier reports a set of announcements from Hitachi & X LABS, DataBank, VIVIFY Technology, Flex/EP², Cerberus/S+S Industries, and AZIO AI/EVTV focused on making power the central element of AI data center development.

  • Main announcement/action: Hitachi and X LABS propose dedicated “energy parks” for AI customers in North America, an integrated behind-the-meter, gigawatt-scale power platform combining generation, storage, T&D infrastructure and energy management (first energy park planned for completion early 2030s). Other contemporaneous announcements include DataBank’s 3,150 kW rooftop solar at HOU3 (expected ~4.5 million kWh annually over 25 years), VIVIFY’s modular 1 MW closed-loop hydrogen system (the “Flying Pig”), Flex’s acquisition of Electrical Power Products (EP²) to expand critical power capabilities, Cerberus’ strategic investment in S+S Industries, and the AZIO AI–EVTV merger identifying ~11 MW existing site capacity with hardware ordered for an initial 6 MW and planning up to 500 MW same-site capacity across a controlled 548+ acre footprint.
  • Background and details: The pieces together show layered strategies: gigawatt-class energy parks (long-cycle, capital-intensive) vs. distributed on-site generation (DataBank rooftop solar as an energy hedge), alternative modular power (VIVIFY hydrogen containers nearing deployment), and supply-chain/metalwork investments (Flex/EP² and Cerberus/S+S) to address equipment lead times. Most actions are announced in formal releases or press events and include implementation timelines (e.g., early-2030s for Hitachi/X LABS energy park; DataBank’s 25-year operating life for the rooftop array).
• Jun 1, 2026

  Can Data Centers Ditch Concrete – or Just Use Less of It?

  Equinix and other operators are adopting low-carbon materials and retrofit strategies while acknowledging that mission-critical structural elements will continue to rely on conventional concrete.

  • Main action: Operators including Equinix, DataBank, and WhiteFiber are implementing low-carbon concrete mixes, mass timber for non-critical buildings (Equinix administrative building in Frankfurt; Meta admin building in Aiken County, S.C.), and retrofits (WhiteFiber NC-1 in Madison, N.C.) to reduce embodied carbon while meeting accelerated AI-driven timelines.
  • Background/details: The article documents compute densities of 50–150 kW per rack, the shift to liquid cooling increasing structural demands, the timing constraint (construction schedules compressed from years to months), and Equinix’s three-step framework: Avoid, Reduce, Scale; it also notes emerging carbon capture in cement works in several European markets as a decarbonization pathway.
• May 5, 2026

  New Data Center Developments: May 2026

  Data Center Knowledge published a monthly roundup highlighting global data center project announcements, regulatory moves, and investment commitments driven by hyperscale AI demand.

  • Main announcement: The roundup catalogs multiple concrete project actions including Aligned Data Centers’ Project Caprock (540 MW, 313-acre campus in Hale County, Texas; initial delivery Q1 2027), EdgeCore’s completion of $1.5 billion in financing for two Northern Virginia hyperscale centers, and Yondr Group energizing a 27 MW Toronto facility expected in mid-2026. It also notes major investment commitments such as Digital Realty’s near S$7 billion Singapore plan (S$4.3 billion for new data centers) and AWS increasing planned investment in Mississippi to $25 billion.
  • Context and details: The piece outlines parallel regulatory updates in U.S. states (Maine vetoed a moratorium; Wisconsin revised We Energies tariff rules; North Carolina advanced legislation to require hyperscalers to cover infrastructure costs), workforce and partnership initiatives (Equinix Foundation with ODATA, Cisco, Vertiv launching training in Brazil, cohorts mid-2026), and other regional projects and financings (TikTok €1 billion Finland site; Ark Data Centres >€600 million Barcelona project; Equinix land purchases in South Africa totaling ZAR 890 million).