New York Data Center Intel

Recent New York data center news

• Jul 8, 2026

  Melissa Sawyer Discusses M&A Landscape and S&Cs Top Ranking on Bloomberg Deals

  Sullivan & Cromwell’s co-head of Global M&A, Melissa Sawyer, appeared on Bloomberg Deals to comment on the current M&A market and the firm’s H1 2026 rankings.

  • Sawyer said the firm is seeing deals of all sizes and all sectors, with activity across borders and a pipeline that should continue to refill as transactions close.
  • She highlighted artificial intelligence compute and energy-adjacent transactions as key areas of focus, calling AI disruption the biggest she has seen in her lifetime; the page also links to S&C’s H1 2026 M&A league table ranking and the interview video dated July 1, 2026.
• Jul 7, 2026

  NYDIG looks to expand data center at Massena site, New York

  NYDIG, through its affiliate North Country Colocation Services, has begun the local planning review process for a proposed data center expansion at the former Reynolds industrial site in Massena, New York.

  • The Massena Town Planning Board agenda for June 26 included a presubmission for NYDIG and discussion of consultants and the lead agency for environmental review.
  • NCCS said the revised project would add two new data halls on about 355 developable acres beside its existing 110-acre site, use existing approved hydroelectric power, and phase out existing Bitcoin mining; it also said construction would take about two years with 1,800 to 2,500 peak workers and about 200 permanent full-time positions.
  • The company said it redesigned the proposal after community feedback, reducing the footprint by about 400,000 sq ft and cutting planned backup generators by about 61% from 316 to 124; local residents and the Mohawk Council of Akwesasne have raised concerns about proximity, energy and water demand, and consultation.
• Jul 7, 2026

  Manure-to-energy projects eye data centres as new market, raising environmental concerns

  The article explains that manure-based biogas is being used and promoted as a renewable energy source for data centres and cryptocurrency mining, while critics warn it may reinforce factory-farm expansion.

  • Ag-Grid Energy operates a project at Lent Hill Dairy Farm in Steuben County, New York, where two anaerobic co-digesters convert manure from around 4,000 cows and more than 45,000 gallons of food waste per day into renewable natural gas (RNG) used to power an on-site cryptocurrency mining facility.
  • The company says it also plans to support small-scale data centres in rural areas with on-site power generation and fibre-optic connectivity; the article adds that Vanguard Renewables operates or develops more than 50 co-digesters in the US and aims for more than 100 by end-2028, while biogas projects have received over $150 million from the Inflation Reduction Act and more than $100 million in private bonds approved by the Michigan Strategic Fund.
• Jul 6, 2026

  Anthropic signs $19bn, 20-year lease for Kentucky data center with TeraWulf

  TeraWulf has announced a long-term lease with Anthropic for its Justified Data campus in Hawesville, Kentucky, and separately said it is selling its 50.1% ownership interest in the Abernathy Joint Venture.

  • Anthropic lease: the agreement runs for 20 years and is expected to generate about $19 billion in revenue for TeraWulf; the campus is planned for up to 401MW of IT capacity, with initial capacity in the second half of 2027 and full operations by early 2028.
  • Abernathy JV sale: TeraWulf said it is divesting its entire 50.1% ownership in the JV with Fluidstack in Abernathy, Texas; the JV was formed in October 2025 for a 168MW data center on a 120-acre campus, and TeraWulf said the deal helps it realize value from its $450m investment.
• Jul 5, 2026

  United States $130 Billion Real Estate Investment Firm Starwood Capital Raised $10.2 Billion for 13th Opportunistic Real Estate Fund (Starwood Distressed Opportunity Fund XIII) to Invest in Real Assets (Residential, Data Center, Industrial & Hospitality) in United States, Europe & APAC

  Starwood Capital has announced the final closing of Starwood Distressed Opportunity Fund XIII with more than $10.2 billion in capital commitments.

  • The fund will target real assets globally, with primary focus on the United States and Europe and selective opportunities in Asia Pacific across residential, data center, industrial, and hospitality assets.
  • Starwood Capital said the fund was supported by 300+ investors across ~20 countries; Starwood Capital and related parties committed $100 million, and the firm said it has already closed or committed to 20 transactions with more than $3 billion of equity deployed.
  • Barry Sternlicht and Jonathan Pollack both commented on investor support and the firm’s scale; the release also says Starwood Capital’s AUM is approximately $130 billion.
• Jul 3, 2026

  ‘It’s really about flexibility’: FERC issues ‘show cause’ orders to US grid operators on large load integration

  The Federal Energy Regulatory Commission has issued show cause orders to six US regional grid operators and their transmission owners to explain how large energy users are integrated onto the electric grid.

  • The orders were issued under Section 206 of the Federal Power Act and received support from all five FERC commissioners.
  • The six operators named are PJM, MISO, SPP, CAISO, ISO-NE, and NYISO; they must respond within 60 days as FERC seeks to maintain reliable, affordable power amid rising demand.
• Jul 3, 2026

  United States Communications & Digital Infrastructure Services Company ITG Nasdaq IPO Share Price Increased +10.7% on Day 1 Trading (1/7/26: IPO Price $16, Closing $17.71) to $2.1 Billion Market Value & Raised $312 Million in IPO, Founded in 2013 by Michael Brooks, Peter Giacalone & Chris Perkins as ITG Communications

  ITG, a United States communications and digital infrastructure services company, has completed its Nasdaq IPO and saw its share price rise 10.7% on day one of trading.

  • The IPO was priced at $16 per share and closed at $17.71 on 1/7/26, implying a 10.7% first-day gain and a $2.1 billion market value.
  • ITG raised $312 million in the IPO; a prior June 2026 report said it was seeking $429 million at a $2.7 billion valuation with an expected July 2026 listing. The company was founded in 2013 by Michael Brooks, Peter Giacalone, and Chris Perkins as ITG Communications and provides services across broadband, wireless, data center, utility, and civil infrastructure.
• Jul 2, 2026

  New York gas appliance ban upheld

  The U.S. Court of Appeals for the Second Circuit has upheld New York’s law banning gas appliances in new buildings, but the ban is not set to take effect immediately because Gov. Kathy Hochul has said the state will not enforce it until appeals are finished.

  • The ruling keeps alive a challenge from gas companies and other interests; the challengers may seek en banc review or certiorari from the U.S. Supreme Court.
  • The article says the law would require electric appliances in most new buildings and that critics argue it could strain utilities amid rising demand from data centers, electric vehicles, and other loads.
  • The piece also cites NYISO saying the grid faces reliability challenges and may need several thousand megawatts of new dispatchable generation within the next ten years.
  • It references a 2023 Ninth Circuit ruling on Berkeley’s gas appliance ban that reached the opposite conclusion, creating a split among the circuits.
• Jul 1, 2026

  Against the Wind: Inside the Completion of America’s Largest Offshore Wind Plant

  Dominion Energy has announced that the 2.6-GW Coastal Virginia Offshore Wind (CVOW) project delivered first power to the Virginia grid in March 2026.

  • Project milestone and status: CVOW achieved a first power milestone in March 2026 while turbine installation and commissioning continue across the 176-turbine commercial array (Siemens Gamesa SG 14-222 DD). The project is a 2.6 GW regulated, utility-owned asset with an updated budget of about $11.4 billion and an expected service (COD) mid-2027 per NextEra; Dominion previously sold a 50% noncontrolling stake to Stonepeak in 2024 (transaction closed Oct 2024, generating about $2.6 billion for Dominion).
  • Permitting, risks, and permits: CVOW cleared the federal permitting stack (BOEM final EIS Sept 2023; ROD Oct 2023; Construction and Operations Plan and Army Corps permit Jan 2024; EPA OCS air preconstruction permit Apr 2024) and completed FAST-41 coordination, survived a 90-day DOI stop-work order (Dec 22, 2025) and obtained a preliminary injunction (Jan 16, 2026) to resume work. Dominion also holds a separate CVOW-South BOEM lease won Aug 14, 2024 for $17.7 million (approx. 176,505 acres) that could support ~800 MW in the 2030s.
• Jun 30, 2026

  Climate Change Solutions - June 30, 2026

  The Environmental and Energy Study Institute (EESI) recaps Expo2026 panels and highlights recent policy developments.

  • Main announcement: EESI summarizes the 29th annual Congressional Renewable Energy and Energy Efficiency EXPO and Policy Forum (Expo2026), providing links to full recorded panels on topics including permitting reform, energy affordability, data centers, and building and grid resilience; the newsletter links to EESI’s YouTube recordings and lists speakers and organizations for each session.
  • Policy and event updates: The newsletter reports the Senate Agriculture Committee’s draft Farm Bill (PDF link provided) and notes the House passed H.R.7567 in April; it also records recent congressional actions including passage of S.629 (Emergency Conservation Program Improvement Act) through the House, passage of S.4822 (Saving the Ocean Observatories Initiative Act of 2026) in the Senate, reintroduction of S.4867 (Small Farm Conservation Act), and introduction of S.4870 to reauthorize Earth MRI; it lists upcoming EESI briefings on July 16, 2026 (Nitrogen pollution research roadmap) and July 24, 2026 (drought impacts).