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Latest data center news, projects, power and policy across Florida — updated daily.

Recent Florida data center news

  • Catastrophe Bond Market On Track to Surpass $20B | Data ReFined #58

    This newsletter edition from dClimate provides a comprehensive update on climate risk management, voluntary carbon markets, and climate intelligence.

    • Catastrophe bond issuance is on track to surpass $20 billion in 2025, with $17.8 billion already issued, highlighting growing financial mechanisms for climate resilience.
    • Reports cover physical climate risks to data centers globally, natural catastrophe economic losses estimated at $151 billion in H1 2025, and evolving voluntary carbon market compliance standards, alongside new high-resolution climate data availability from NASA and Land & Carbon Lab.
  • United States $546 Billion Alternative Investment Manager Ares Management Corporation to Launch 2nd Sports, Media & Entertainment Finance Fund, Launched Inaugural Ares Sports, Media & Entertainment Finance Fund in 2020 & Raised $3.7 Billion ($2.2 Billion in Equity) Investing in Senior Debt, Junior Debt, Preferred Equity & Minority Equity, Investments Include in Atlético de Madrid, San Diego Padres, McLaren Racing & Inter Miami CF

    Ares Management Corporation has announced the launch of several major investment funds, including a 2nd Sports, Media & Entertainment Finance Fund, a $2.4 billion Japan data center development fund, and the growth of its Ares Private Markets Fund to $3 billion AUM.

    • Ares launched a $2.4 billion Japan data center fund (Ares Japan DC Partners I LP) in June 2025, with $1.3 billion invested by Canada Pension Plan Investment Board and participation from Singapore-based GLP. The fund will develop three data center campuses in Greater Tokyo, delivering nearly 240MW of IT load, with a focus on sustainability standards and AI/cloud computing demand.
    • Ares Private Markets Fund reached $3 billion AUM in May 2025 after three years, investing in private equity fund stakes mainly in North America and Europe, distributed via Ares Wealth Management Solutions with 150 professionals worldwide. The inaugural Ares Sports, Media & Entertainment Finance Fund (2020) raised $3.7 billion ($2.2 billion equity) and invested in entities such as Atlético de Madrid, San Diego Padres, McLaren Racing, and Inter Miami CF.
  • Our Investment in Exowatt

    MCJ has announced its participation in Exowatt’s Series A round led by Felicis, joining co-investors including Andreessen Horowitz, Atomic, 8090 Industries, Starwood Capital, Thrive Capital, MVP Ventures, GOAT VC, and StepStone Group (article dated Jun 25, 2025).

    • Series A participation & commercial status: MCJ joined Exowatt’s Series A (led by Felicis) as a co-investor; Exowatt reports a demand backlog of more than hundreds of GWh and commercial deployments underway, selling a factory-built modular unit (Exowatt P3) deployable off-grid to AI data centers and industrial facilities.
    • Technology, economics, and materials: Exowatt’s flagship P3 uses Fresnel lenses to concentrate sunlight into heat stored in proprietary solid-state thermal batteries, driving an air-based engine to generate electricity up to 24 hours a day; the company claims a competitive LCOE of 4 cents/kWh, and emphasizes U.S.-sourced materials (silicon composites, steel, glass) with no lithium or rare earths.
  • ‘Rogue’ communication devices found on Chinese-made power inverters

  • Planet TV Studios’ 'New Frontiers' Spotlights Companies Shaping Their Industries - Airing April 26, 2025 on Bloomberg TV - The content in the episode is a Planet TV Studios Original & it is brought to you by & sponsored by Planet TV Studios

    Planet TV Studios presents its documentary series episode “New Frontiers” focusing on companies driving impactful innovation in sustainability, healthcare, and infrastructure.

    • Hollobus Technologies pioneers sustainable data centers with liquid-cooling systems and on-site renewable energy reducing energy and carbon footprint.
    • Mirion Technologies enhances safety in medical imaging and radiation use with advanced monitoring and shielding products.
    • MonDak Portables, LLC offers eco-friendly portable infrastructure with rapid deployment for disaster relief incorporating sustainable waste management.
    • NeOnc Technologies Holdings, Inc. innovates brain cancer treatment with intranasal drug delivery bypassing blood-brain barrier, utilizing NEO100 nasal spray.
    • The episode aired on April 26, 2025, on Bloomberg TV and is available on multiple streaming platforms.

    This episode underscores practical and sustainable technological advances influencing health, environmental stewardship, and infrastructure.

  • Duke Energy and GE Vernova announce significant arrangement for gas turbines and associated equipment

    Duke Energy forms a significant partnership with GE Vernova for natural gas turbines.

    • Agreement to procure up to 11 American-produced GE Vernova 7HA gas turbines aligned with Duke Energy’s integrated resource plans.
    • Partnership addresses growing energy demands driven by advanced manufacturing, data centers, and population growth.
    • GE Vernova’s Greenville, S.C. facility expansion supports historic demand with nearly $600 million investment, including $300 million in Gas Power business.
    • Investments include manufacturing process modernization, supplier capacity increase, and creation of over 1,500 U.S. jobs.
    • New gas turbine assets to leverage Duke Energy’s existing infrastructure, lowering costs and speeding market delivery.
      This partnership solidifies supply and capacity for Duke Energy to support future energy growth and modernization needs.
  • Duke Energy and GE Vernova announce significant arrangement for gas turbines and associated equipment

    Duke Energy and GE Vernova announce a significant partnership for natural gas turbines and associated equipment.

    • Partnership includes a plan to procure up to 11 American-produced GE Vernova 7HA gas turbines aligned with Duke Energy’s integrated resource plans.
    • Builds on eight previously secured 7HA turbines, aimed at meeting growing energy demand from manufacturing, data centers, and population growth.
    • GE Vernova’s Greenville, SC facility expanded with nearly $600 million U.S. manufacturing investment, including $300 million in Gas Power business, creating more than 1,500 jobs.
    • The arrangement utilizes Duke Energy’s existing infrastructure to reduce costs and accelerate deployment.
      The agreement highlights tangible progress in Duke Energy’s strategy for reliable energy and economic growth support.
  • Southern Telecom secures largest fiber deal in company history with hyperscale customer

    Southern Telecom, a subsidiary of Southern Company, announced the signing of its largest fiber contract to date, a 300-mile fiber infrastructure project in Alabama and Georgia. The project connects a major data center in Montgomery, Alabama, to Birmingham and Atlanta, Georgia, with the deployment of high fiber count cables to enhance network connectivity. The deal underscores Southern Telecom’s commitment to expanding its high-quality fiber network across the Southeast, which currently spans nearly 10,000 route miles across Alabama, Florida, Georgia, and Mississippi.

  • Hut 8 Schedules First Quarter 2025 Earnings Release and Conference Call

    Hut 8 Corp., an energy infrastructure platform specializing in power, digital infrastructure, and compute, has scheduled its first quarter 2025 earnings release for May 8, 2025, before market opening. The Company will conduct a conference call at 8:30 a.m. ET on the same day to discuss its financial results. Hut 8 manages 1,020 megawatts of energy capacity across multiple sites in the U.S. and Canada, including Bitcoin mining and high-performance computing operations.

  • Hut 8 Operations Update for March 2025

    Hut 8 Corp., an energy infrastructure platform, reported a 102% increase in deployed hashrate from 4.6 EH/s in February to 9.3 EH/s at the end of March 2025. The company also improved fleet efficiency by 31%, from 29.3 J/TH to 20.1 J/TH. A significant milestone was the launch of American Bitcoin, a subsidiary in partnership with Eric Trump. Hut 8 will now provide quarterly updates instead of monthly.

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