New York Data Center Intel

Recent New York data center news

• Jun 4, 2026

  Data center developers ousted from Monterey Park as voters approve permanent ban

  Monterey Park has permanently banned data centers via Measure NDC.

  • Measure NDC approved: More than 86% of voters approved a permanent ban on data centers in Monterey Park, codifying a moratorium in effect since late January; the ban bars any new computing facilities inside city limits and can only be overturned by another citywide vote. Key local facts: city population ~62,000, a proposed 250,000-square-foot data center by HMC Capital had its application withdrawn in April.
  • Context and background: The article documents broader regional and state-level resistance — mentions a massive Box Elder County project backed by investor Kevin O’Leary, states that have introduced moratoriums or bans (Georgia, Michigan, New York, Pennsylvania, South Carolina, Vermont), and notes Maine’s legislature passed a statewide moratorium bill that was vetoed by Gov. Janet Mills.
• Jun 3, 2026

  INNIO Announces Pricing of Upsized Initial Public Offering

  INNIO Group announced the pricing of its upsized initial public offering (IPO) and related offering details.

  • Main announcement: INNIO priced an upsized IPO of 90,000,000 common shares at a public offering price of $27.00 per share, representing a 15,000,000 share upsize from the originally proposed 75,000,000 shares; the offering consists entirely of secondary shares and INNIO will not receive any proceeds. Trading is expected to begin on the Nasdaq Global Select Market under ticker “INIO” on June 4, 2026, with the offering expected to close on June 5, 2026, subject to customary closing conditions; the selling shareholder granted the underwriters an option to purchase up to 13,500,000 additional common shares at the IPO price less underwriting discounts and commissions.

  • Background and transaction details: The registration statement was declared effective by the U.S. Securities and Exchange Commission (SEC) on June 3, 2026; Goldman Sachs & Co. LLC, J.P. Morgan and Morgan Stanley are joint lead book-running managers, with multiple bookrunners and co-managers (BofA Securities, Barclays, Citigroup, Baird, BNP Paribas, Deutsche Bank Securities, RBC Capital Markets, UBS Investment Bank, Credit Agricole CIB, Erste Group, UniCredit, Academy Securities, Drexel Hamilton). The prospectus availability and underwriter contact details are provided in the release.

• Jun 3, 2026

  Gorilla Technology Group Inc. Announces Pricing of $107 Million Senior Unsecured Convertible Bond Offering

  Gorilla Technology Group Inc. announced the pricing of $107 million aggregate principal amount of 7.50% Senior Unsecured Convertible Notes due 2031 to be used to fund the equity portion of data center equipment purchases for its second project with Yotta Data Services Private Limited.

  • Offering details: Gorilla priced $107 million aggregate principal amount of 7.50% Senior Unsecured Convertible Notes due 2031, expected to close on or about June 5, 2026; the Bonds are issued at 100% of principal, pay interest semi-annually (7.50% per annum) payable in cash or, at the Company’s election, ordinary shares, and have an initial conversion rate of 39.2425 ordinary shares per $1,000 principal (initial conversion price ≈ $25.4826 per share, ~17% premium to the June 2, 2026 close). The conversion price includes a downward reset floor of $6.00 and an upward reset cap of $31.85325 per ordinary share.
  • Context and implementation: The financing is led by Highbridge Capital Management LLC; Benchmark, a StoneX Company, and StoneX Financial, Inc. are joint Placement Agents; the Bonds are being offered under the Company’s Form F-3 shelf registration (prospectus/prospectus supplement to be filed with the SEC). Net proceeds are intended to fund the equity portion of purchases of data center equipment for Gorilla’s second project with Yotta Data Services Private Limited (announced April 29, 2026), with any remaining proceeds for general corporate purposes. Contact details and final prospectus will be available via the SEC website and the Placement Agent contact provided.
• Jun 3, 2026

  New Data Center Developments: June 2026

  Data Center Knowledge has published a monthly roundup of global data center developments.

  • Highlights include: CloudBurst breaking ground on a 1.2 GW flagship campus in Central Texas; Nvidia partnering with IREN to deploy up to 5 GW of global AI infrastructure with Texas’ Sweetwater as a flagship site; Prime Data Centers breaking ground on SMF02 (150,000 sq.ft, 18 MW IT load) in Sacramento; Applied Digital planning Delta Forge 1 — $3.6 billion, 300-acre AI campus in Boyce, Louisiana; Hive Digital/Buzz HPC planning an ~320 MW AI facility in the Greater Toronto Area.
  • Additional concrete items and timelines: SoftBank plans up to €75 billion to develop 5 GW in France (targeting 3.1 GW by 2031); Ardian & Verne’s €5 billion digital campus (500 MW, with 200+ MW by 2030); TotalEnergies’ €100 million Pangea 5 supercomputer investment; Arcem’s Joroinen site delivering 60 MW by 2027 and 100 MW by 2029; CDC Data Centres’ 555 MW contract to be delivered with operations commencing in FY28 and FY29. All items are factual summaries from the article.
• Jun 2, 2026

  Climate Change Solutions - June 2, 2026

  EESI announced its new analysis of bipartisanship on climate and energy in the 119th Congress and is hosting its 29th annual Congressional Renewable Energy and Energy Efficiency EXPO on June 24.

  • Main announcement: EESI released a new analysis of bipartisanship on environmental, energy, and climate bills (analysis covers January–March 2026) and is convening EXPO 2026 on June 24, 10:00 a.m. - 7:00 p.m., Rayburn House Office Building (Gold Room and Foyer) and online (reception 5:00 p.m. - 7:00 p.m.); event is free and open to the public with RSVP available.
  • Additional details / context: The newsletter summarizes congressional activity including the House Appropriations Committee advancing the Energy and Water Development and Related Agencies Appropriations Act of 2027 (H.R.9022), multiple geothermal bills advanced by the House Committee on Natural Resources (e.g., Geo Act H.R.301, H.R.398, H.R.1077, H.R.1687, H.R.5617, H.R.5631, H.R.5638), introduction and markup of the BUILD America 250 Act (H.R.8870), and the Community Flood Resilience Act (H.R.9056) introduced by Reps. Andrew Garbarino and Gregory Meeks.
• Jun 1, 2026

  NYC Public Advocate Outlines 15-Year Municipal Broadband Plan

  New York City Public Advocate Jumaane D. Williams has unveiled the “Internet for All” plan.

  • Main announcement: The plan seeks to make fiber universally available across New York City by creating a municipal system that includes a not-for-profit public option for high-speed internet access (report released Wednesday, June 1, 2026).
  • Details and context: The proposal is designed to reduce costs and increase access for broadband in New York City; the announcement is presented in a press release/report on Advocate.nyc.gov and was publicized via BroadbandBreakfast.com. No specific funding amounts, timelines, or implementation contractors were provided in the article.
• Jun 1, 2026

  ERock Announces Launch of Initial Public Offering

  ERock, Inc. has announced the launch of the roadshow for its proposed initial public offering of 27,906,977 shares of Class A common stock.

  • Offering details: The company is offering 27,906,977 shares of Class A common stock with an expected IPO price range of $20.00 to $23.00 per share, and intends to grant underwriters a 30-day option to purchase up to 4,186,046 additional shares to cover over-allotments. The company intends to list on the New York Stock Exchange under the ticker “EROC”.
  • Registration and distribution: The proposed offering will be made only by means of a prospectus; a registration statement on Form S-1 has been filed with the U.S. SEC but is not yet effective. Preliminary prospectuses may be obtained from Morgan Stanley & Co. LLC, J.P. Morgan Securities LLC (c/o Broadridge Financial Solutions), or via the provided prospectus request emails.
• 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.
• Jun 1, 2026 · Information Technology and Innovation Foundation

  Targeted Pressure: How Chinese Manufacturing Competition Impacts US States

  The Information Technology and Innovation Foundation (ITIF) has published a report finding Chinese industrial policy is reshaping global manufacturing and harming industries across every U.S. state.

  • Main finding & method: The ITIF report (June 1, 2026) analyzes one “national power industry” per state using County Business Patterns employment data, HS/SITC export proxies, and global market-share series to conclude that state-backed Chinese subsidies, export pushes, and overcapacity are driving down prices and pressuring U.S. producers in sectors such as semiconductors, batteries, aircraft, and fabricated metals.
  • Key facts, numbers, and timelines:China plans ~$150 billion in semiconductor investment through 2030 vs. $52 billion under the U.S. CHIPS funding; the report cites $63.3 billion Chinese semiconductor spending in H1 2025, TSMC’s $165 billion U.S. investment announcement, GE Appliances’ $490 million Appliance Park investment (2025), and state/national export shares and HS-code trade series used throughout the analyses.
• May 31, 2026

  ESG Today: Week in Review

  ESG Today published a weekly roundup of ESG headlines summarizing announcements and deals across sustainability, finance, reporting and clean-energy projects.

  • Main roundup content: The newsletter highlights multiple concrete actions, including IPX Power securing $4.95 billion (reported in the roundup as $5 billion) to build a large California solar & storage project, Enbridge developing a $1.2 billion solar & storage project to power Meta data centers, EU Commission awarding €400 million to industrial heat decarbonization projects, and Acelen Renewables securing $1.5 billion to build a billion-liter SAF project in Brazil. It also reports corporate and regulatory moves such as the SEC launching a process to rescind corporate climate reporting rules and McDonald’s missing its 2030 value-chain decarbonization target.
  • Additional details & background: The roundup lists multiple fundraises and M&A: Thea Energy $100 million, Focused Energy $240 million, Caudal Energy $5.6 million, P2 Science $23 million, D-CRBN $20 million, and DigitalBridge’s $1 billion acquisition of ArcLight. It also notes policy and reporting developments (IFRS and GRI collaboration, TISFD reporting framework, New York law delaying state climate goals) and sustainability flows data (Morningstar: sustainable fund flows turned positive in Q1 2026).