New York Data Center Intel

Recent New York data center news

• Oct 8, 2025

  SHARON AI Initiates Phase Two Engineering for Its Flagship 1GW AI Data Center Campus Joint Venture in Texas

  SHARON AI announced Phase Two engineering and site expansion for the TCDC joint venture with New Era Energy & Digital.

  • Phase Two engineering & project scope: SHARON AI advanced TCDC into Phase Two engineering covering detailed site planning, site clearing, and infrastructure integration for an intended 1 GW+ AI Data Center Campus in Ector County, Texas; TCDC now intends for third parties to finance, construct and operate potentially up to 400 MW of behind-the-meter gas-fired power in stages through late 2027, and is working with Thunderhead Energy Solutions LLC (capitalized via a funding partnership with Harbert Infrastructure). The project also plans to close on an additional 203 acres within 60–90 days, expanding the site to 438 contiguous acres.
  • Transaction & regulatory filings / background: SHARON AI has entered a Business Combination Agreement with Roth CH Acquisition Co. (a Cayman Islands blank check company) and Roth CH filed a registration statement on Form S-4 initially filed June 4, 2025; investors are directed to filings with the U.S. SEC (www.sec.gov). IMS Investor Relations is listed as media contact (phone +1 203.972.9200, email sharonai@imsinvestorrelations.com).
• Oct 7, 2025

  Tariffs Add New Pressure to Commercial Construction Budgets

  Cushman & Wakefield reports tariffs on imported building materials will materially raise CRE construction costs.

  • Main announcement/action: Cushman & Wakefield finds tariffs on imported building materials are expected to increase construction materials costs by an average of 9% in 2025, resulting in a ~4.6% increase in total project costs in Q4 2025 vs Q4 2024; tariff rates up to 50% on metals (steel, aluminum, copper), copper-intensive projects can require as much as 50,000 tons of copper per site, tariff pass-through estimated at 75%, and ~40% of CRE construction materials are imported (largest sources: Canada, Mexico, European Union).
  • Background and details: Analysis notes it does not account for other market-driven cost shifts (labor, substitution, supply/demand); Cushman & Wakefield cites existing headwinds (high interest rates, cautious lending) and limited domestic production capacity for key inputs (new facilities would take years to build). Recommended mitigations include diversifying procurement channels, considering prefabricated systems, and engaging project management experts to limit cost overruns.
• Oct 7, 2025

  Soluna Announces Monthly Business Update

  Soluna Holdings, Inc. announced September 2025 corporate and site-level operations updates, including a $100 million credit facility from Generate Capital and the groundbreaking of its 166 MW wind-powered Project Kati.

  • Corporate and financing actions: Soluna reached a settlement with NYDIG resolving outstanding matters; regained Nasdaq compliance; closed a scalable $100 million credit facility from Generate Capital with an initial $12.6 million draw in September to refinance and construct active data center projects and support its 1 gigawatt pipeline. Also announced a 20 MW deployment agreement with Canaan for Avalon A15 XP miners at Project Dorothy and reported surpassing 4 EH/s of hash rate under management; Project Kati groundbreaking occurred on September 18, 2025.

  • Project and operational details: Project Dorothy 1A/1B saw fleet upgrades (1,000 upgraded S19 XPs) and reduced curtailments via Maestro OS™; Project Dorothy 2 Phase 3 commissioning is underway with final 18 MW expected complete in November 2025; Project Sophie will deploy two new 3.3 MW customers in October 2025; Project Kati civil and concrete work progressing, with a substation upgrade for Kati 2 (83 MW) scheduled to start end of October 2025 and below-grade preparation expected complete by that date. Pipeline PPA drafts cover 545 MW (Ellen, Hedy, Annie, Gladys, Fei). Events: North American Blockchain Summit Oct 8–10, 2025 (Dallas, TX); Infocast Energy Independence Summit panel Oct 21, 2025, 1:45–2:30 PM (Houston, TX).

• Oct 7, 2025

  Soluna Announces Monthly Business Update

  Soluna Holdings, Inc. announced September 2025 project site-level operations, developments, and updates.

  • Main announcement & corporate actions: Soluna reported a settlement with NYDIG, regained Nasdaq compliance, and closed a scalable $100 million credit facility from Generate Capital (initial $12.6 million draw in September used to refinance and fund construction). The company also surpassed 4 EH/s of hash rate under management, broke ground on Project Kati (166 MW wind-powered) on Sept 18, 2025, and signed a 20 MW deployment agreement with Canaan Inc. for Project Dorothy.
  • Project, pipeline & events details:Project Dorothy 2 Phase 3 commissioning is underway with completion expected in November 2025; Project Kati civil work is ongoing with a substation upgrade for Kati 2 (83 MW) scheduled to start end of October 2025. PPA drafts completed for projects Ellen, Hedy, Annie, Gladys, and Fei totaling 545 MW. Events: North American Blockchain Summit (Dallas, TX, Oct 8–10, 2025) and Infocast Energy Independence Summit (Houston, TX, Oct 21, 2025, 1:45–2:30 PM) where CTO Dip Patel will present.
• Oct 6, 2025

  Soluna Regains Compliance with Nasdaq Listing Requirements

  Soluna Holdings, Inc. announced it regained compliance with Nasdaq Listing Rule 5550(a)(2) after meeting the minimum bid price requirement.

  • Regained compliance: Soluna met the minimum closing bid price of $1.00 for at least 10 consecutive business days, achieved on October 2, 2025; Nasdaq has closed the matter and the Company’s stock remains listed and traded on the Nasdaq Capital Market under ticker “SLNH”.
  • Background and other details: Soluna designs and operates green data centers co-located with wind, solar, or hydroelectric plants for compute-intensive applications (including Bitcoin Mining and Generative AI); the release includes a Safe Harbor note referencing forward-looking statements and mentions Project Dorothy in relation to expected renewable energy capacity. PR contact email: Soluna@westof.co.
• Oct 6, 2025

  Soluna Regains Compliance with Nasdaq Listing Requirements

  Soluna Holdings announced it has regained compliance with Nasdaq’s minimum bid price rule and Nasdaq has closed the matter.

  • Main action: Soluna Holdings, Inc. regained compliance with Nasdaq Listing Rule 5550(a)(2) after its shares maintained a minimum closing bid of $1.00 for at least 10 consecutive business days, which was achieved on October 2, 2025; Nasdaq has closed the matter and Soluna remains listed on the Nasdaq Capital Market under ticker SLNH.
  • Background/details: The announcement, issued via Business Wire, reiterates Soluna’s mission to convert surplus renewable energy into computing resources using its MaestroOS(™) software and cites computing use cases including Bitcoin mining and Generative AI; the release also contains a Safe Harbor statement referencing forward-looking statements and mentions Project Dorothy as a referenced project.
• Oct 6, 2025

  New Fortress Energy Achieves First Fire at CELBA 2 Power Plant

  New Fortress Energy Inc. announced first fire at its 624 MW CELBA 2 Power Plant in Barcarena, Brazil, beginning hot commissioning and targeting commercial operations (COD) later this year.

  • First fire and commissioning: The plant achieved first fire (initial ignition of the gas turbines), commencing hot commissioning; COD expected later this year. The project capacity is 624 MW and will supply power through NFE’s integrated gas and power infrastructure in Barcarena.
  • Portfolio, financing and timelines: NFE’s Barcarena terminal has 2.2 GW under development including 624 MW CELBA 2 and the 1.6 GW PortoCem Power Plant; PortoCem is fully financed, construction ~75% complete, and expected to begin operations by August 2026. NFE said it is positioned to participate in Brazil’s power auctions scheduled for March.
• Oct 6, 2025

  Soluna Regains Compliance with Nasdaq Listing Requirements

  Soluna Holdings announced it regained compliance with Nasdaq’s minimum bid price requirement under Nasdaq Listing Rule 5550(a)(2).

  • Main announcement: Soluna regained compliance by maintaining a minimum closing bid price of $1.00 for at least 10 consecutive business days, achieving that requirement on October 2, 2025; Nasdaq closed the matter and the Company’s stock remains listed and traded on the Nasdaq Capital Market under ticker “SLNH”.
  • Background and details: The Company, which develops green data centers for compute-intensive applications (including Bitcoin mining and Generative AI), stated CEO John Belizaire commented on continuing to execute strategy; the release references Project Dorothy (expectations regarding renewable energy capacity) and the Company’s proprietary software MaestroOS; media/IR contact: Soluna@westof.co (West of Fairfax for Soluna).
• Oct 6, 2025

  Ares Management Acquires Stake in Diversified U.S. Energy Portfolio from EDPR

  Ares Management announced that a fund managed by its Ares Infrastructure Opportunities strategy has acquired a 49% stake in a 1,632 MW renewable portfolio from EDPR with an estimated enterprise value for 100% of the portfolio of approximately $2.9 billion.

  • Transaction details: 49% stake acquired by an Ares fund in a diversified portfolio of 10 assets totaling 1,632 MW (1,030 MW solar, 402 MW wind, 200 MW storage) across four U.S. power markets; estimated enterprise value ~$2.9 billion for 100% of the portfolio; all projects have long-term Power Purchase Agreements with an average remaining contract duration of 18 years.
  • Background and additional details: Partnership leverages EDPR development and operational expertise and Ares infrastructure investment capabilities; the deal brings Ares’ total power generation asset interests to ~5.7 GW across 11 states and five power markets since September 2024; Ares AUM $572 billion as of June 30, 2025; EDPR has 16.5 GW deployed and a €12 billion investment plan up to 2026.
• Oct 6, 2025

  Ares Management Acquires Stake in Diversified U.S. Energy Portfolio from EDPR

  Ares Management announced that a fund managed by its Ares Infrastructure Opportunities strategy has acquired a 49% stake in a portfolio of renewable assets from EDP Renováveis (EDPR).

  • Transaction details: Ares acquired 49% of a diversified portfolio of 10 assets totaling 1,632 MW (1,030 MW solar, 402 MW wind, 200 MW storage) across four U.S. power markets; the total estimated enterprise value for 100% of the portfolio is approximately $2.9 billion, and all projects have long-term Power Purchase Agreements with an average remaining contract duration of 18 years.
  • Partnership and background: The deal pairs EDPR’s development and operational expertise with Ares’ infrastructure investment capabilities; the Ares fund’s renewables interests now total approximately 5.7 GW across 11 states and five power markets since September 2024. Additional disclosed context: Ares reported $572 billion AUM as of June 30, 2025, EDPR has 16.5 GW deployed and a €12 billion investment plan up to 2026, and EDP targets coal free by 2025 and all-green by 2030.