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FINANCING/PROJECT NEWS: Rowan Digital Infrastructure, a sustainable hyperscale data center developer and a portfolio company of Quinbrook Infrastructure Partners, has closed $975 million of construction financing to build the first phase of a flagship hyperscale data center campus in Maryland.

JLL has been given the go-ahead by the Genesee County Economic Development Corp. (GCEDC) board to develop a data center campus at the Science, Technology, and Advanced Manufacturing Park (STAMP) site in Alabama, New York. The project, known as "Project Hydroscale," involves the construction of a 45-acre campus with two 450,000 sq ft (41,806 sqm) two-story data centers. It is projected to cost $3.8 billion and is expected to create approximately 60 full-time jobs upon completion. The data centers will be leased to clients for a 20-year term and are likely to be used for artificial intelligence workloads. However, there is some controversy surrounding the decision, as PRP Real Estate Investment of Washington DC is also looking to build a data center at the STAMP site under "Project Rampart." PRP argues that the JLL development is being unfairly favored and asserts that their project, which seeks to buy 100 acres and create around 100 jobs, should have been competitively bid on. According to PRP, they had a meeting with the GCEDC scheduled for October 2, which was later canceled. They expressed concerns that their proposal for Project Rampart was being ignored without a competitive process. They also mentioned that the LLC associated with their project was not yet authorized to do business in New York. In response to these concerns, GCEDC president and CEO Mark Masse stated that JLL had submitted a completed application for Project Hydroscale, while PRP's application for Project Rampart was incomplete and there was still work to be done. The STAMP site, a 1,250-acre shovel-ready site, is currently undergoing development for large-scale high-tech industries. In addition to the data center projects, Plug Power is developing a hydrogen production facility, and Edwards Vacuum is working on a $319 million plant at the site.

The European Data Centre Boom: Growth Meets Challenges The data centre market is exploding across Europe! In 2015, we had just over 6 million sq ft of floorspace, but by 2024, that number will exceed 10 million sq ft. And it's not slowing down—London's data centre "take up" in 2025 is predicted to be almost triple that of 2019. But while the growth is exciting, delivering on it is becoming increasingly difficult. Key challenges: Land: Finding suitable locations is getting tougher. Power: Securing enough energy to support these facilities is a major hurdle. Labor: The industry is facing an extremely challenging skills shortage, making it harder to meet surging demand. Skilled trades and experienced professionals are in short supply. Collaboration across industries, investing in talent, focusing on transferable skills and innovative solutions will be critical in overcoming these obstacles and driving sustainable growth. Let’s work together to build the future! 💡 #DataCentres #Infrastructure #LaborShortage #Sustainability #Construction #Innovation https://lnkd.in/eNymGsUR

Huge news for the UK economy 🙌🏻 Data centres have been classified as ‘national critical infrastructure’ by the government The project has an estimated construction value of approximately £3.75 billion, and plans to create 500 skilled on-site jobs during the construction phase.

The proposed £10bn data centre project in Northumberland is set to transform the region's landscape. QTS Data Centers, an American company, has unveiled plans for a colossal data hub in Cambois, near Blyth. The project includes the construction of up to 10 data centre buildings spanning 540,000 square metres, alongside associated structures and works. This ambitious initiative is not just about infrastructure; it's about economic growth. The project anticipates creating 1,200 long-term construction jobs during its development phase. Furthermore, the endeavor is poised to establish a £110m fund for ongoing economic advancement in the area. Council leader #GlenSanderson has voiced his endorsement for the project, recognizing its significance for Northumberland's future. He emphasized that meeting the planning committee's criteria would signify a substantial vote of confidence in the region. The vision is to establish one of western Europe's largest artificial intelligence data hubs in Cambois, paving the way for technological advancement. The project's next milestone involves the council's strategic planning committee evaluating the application early next year. This pivotal step marks progress towards realizing the vision of a cutting-edge data centre in Northumberland. For more details, visit: [https://lnkd.in/dDn8tTjk] The Construction Index Ltd

This level of investment is incredible, and I hope owners and operators for these projects can deliver. Connecting states, communities, and enhancing commerce is crucial. In my opinion, these current investments require modern solutions for successful project delivery. That means modern data, reporting, workflows, and, most importantly, innovative thinking! #data #infrastructure #transportation

JLL has been given the go-ahead by the Genesee County Economic. Development Corp. (GCEDC) board to develop a data center campus at the Science, Technology, and Advanced Manufacturing Park (STAMP) site in Alabama, New York. The project, known as "Project Hydroscale," involves the construction of a 45-acre campus with two 450,000 sq ft (41,806 sqm) two-story data centers. It is projected to cost $3.8 billion and is expected to create approximately 60 full-time jobs upon completion. The data centers will be leased to clients for a 20-year term and are likely to be used for artificial intelligence workloads. However, there is some controversy surrounding the decision, as PRP Real Estate Investment of Washington DC is also looking to build a data center at the STAMP site under "Project Rampart." PRP argues that the JLL development is being unfairly favored and asserts that their project, which seeks to buy 100 acres and create around 100 jobs, should have been competitively bid on. According to PRP, they had a meeting with the GCEDC scheduled for October 2, which was later canceled. They expressed concerns that their proposal for Project Rampart was being ignored without a competitive process. They also mentioned that the LLC associated with their project was not yet authorized to do business in New York. In response to these concerns, GCEDC president and CEO Mark Masse stated that JLL had submitted a completed application for Project Hydroscale, while PRP's application for Project Rampart was incomplete and there was still work to be done. The STAMP site, a 1,250-acre shovel-ready site, is currently undergoing development for large-scale high-tech industries. In addition to the data center projects, Plug Power is developing a hydrogen production facility, and Edwards Vacuum is working on a $319 million plant at the site.

In my career, I have been at the forefront of #infrastructure innovations that enable the smart road technologies we need both now and in the future. Read my most recent Forbes Technology Council article about how #P3s can accelerate research and drive the next generation of #transportation:

#NEXTDC Limited has acquired a new data center site, #S7, in Eastern Creek, west of #Sydney, aiming to significantly expand its capacity with a potential 550MW. The 258,000 sqm site is near key #infrastructure, including an #electricity substation and utilities, and is expected to house a data center, #customer operation centers, offices, and #collaboration spaces. The purchase price is approximately A$353 million, with settlements planned across #FY25. NEXTDC's capital expenditure guidance for FY25 remains unchanged at A$1.3–1.5 billion, though S7 property holding costs are not included in the company's FY25 #EBITDA guidance due to uncertainty over timing and costs. https://lnkd.in/gT6pkXDp

Smarter roads are on the way thanks to Causeway Technologies acquiring Buchanan Computing to supercharge traffic management: https://lnkd.in/eZygBPcC #constructiontech #digitaltransformation #trafficmanagement #infrastructure #acquisition #BuckinghamshireTech #LondonTech #CausewayTechnologies #BuchananComputing