Enterprise AI • Compute • Sovereign AI • Deployment Infrastructure
Published by GreyRadius Consulting | 26 October–1 November 2026
Executive Highlights
IndiaL&T breaks ground on 52 MW Chennai AI data centre. 52 MW under construction at a campus with 30 MW operational.
IndiaOneQode contracts 14 MW from AdaniConneX in Chennai. 14 MW contracted, with up to 114 MW in further discussions.
IndiaChatterjee Group launches Cortex DC with 2 GW development ambition. 2 GW development target, with 51% green electricity intended.
IndiaTata Communications plans $400–450 million AI-ready fibre network. US$400–450 million planned for approximately 10,000 km of fibre.
North AmericaAlliant Energy targets another 1 GW of data centre electricity contracts. About 1 GW targeted in addition to 3.4 GW already contracted.
North AmericaAmazon's quarterly capital spending exceeds $77 billion. Over US$77 billion in Q3 company-wide capex, with AWS revenue of about US$45.98 billion.
North AmericaPowerBank announces 2 MW modular data centre development in Ontario. 2 MW modular project planned, with about C$2 million in potential annual lease revenue shared with a partner.
North AmericaPG&E reports 12.87 GW data centre connection pipeline in California. 12.87 GW requested, including 240 MW in construction.
North AmericaEdgeCore completes $521 million financing backed by Santa Clara data centre. US$521 million financing backed by 36 MW of fully leased IT capacity.
North AmericaAIB advances 50 MW South Carolina AI data centre conversion for Nebius. 50 MW critical IT load targeted for Q4 2027, with a 65 MW utility supply agreement.
North AmericaOracle and Google agree to bring TPUs to OCI from 2027. Google TPUs planned for OCI from 2027, with deployment ramping over several years.
North AmericaOracle and NVIDIA announce Vera Rubin availability and expansion ambitions. Vera Rubin NVL72 and Vera CPUs announced for OCI, with multi-gigawatt expansion planned.
North AmericaAWS reports substantial AI infrastructure capacity pre-commitments through 2028. 2027 AWS capacity described as largely committed, with some on-demand capacity excluded.
EuropeAlibaba Cloud launches Amsterdam region with two data centres. Amsterdam region live across two data centres.
EuropeTelehouse completes London Docklands acquisition for proposed 65 MW facility. More than £220 million paid for property intended for a 65 MW facility.
EuropeNorway warns data centre electricity consumption could reach 25 TWh by 2035. Annual data centre electricity demand could reach 25 TWh by 2035, from about 3–4 TWh currently.
EuropeNTT launches additional AI factory infrastructure in Paris and Singapore. GPU clusters launched in Paris and Singapore, expanding the network to four sites.
EuropeCoreWeave brings most of its planned 22.5 MW Danish deployment online. Majority of planned 22.5 MW IT deployment online in Denmark.
EuropeSpain revises proposed renewable-electricity rules for data centres. Proposed threshold raised to 10 MW, with 80% hourly renewable coverage retained.
EuropeMicrosoft introduces additional sovereign cloud controls. Sovereign Control Panel in public preview and Azure Local multi-tenancy introduced.
JapanMicrosoft signs two solar PPAs with Blueleaf Energy. Two solar PPAs signed, with commercial operation expected in mid-2027.
JapanSTT GDC secures ¥93 billion green loan for Tokyo-area campus. ¥93 billion secured for fit-out and operations at two buildings within a planned 70 MW campus.
South KoreaHyundai advances AI data centre and GPU-services investment at Saemangeum. AI data centre and GPU services initiative within a broader ₩9 trillion programme.
South KoreaNaver establishes major AI infrastructure investment framework with Brookfield. Up to US$9 billion in Brookfield financing within a framework targeting 1 GW scale.
Southeast AsiaMalaysia approves minimum 30% renewable-electricity requirement for new data centres. Minimum 30% renewable electricity approved for new data centres, with implementation guidance pending.
Southeast AsiaDayOne and Sembcorp agree to evaluate integrated energy solutions. Non-binding energy MoU, with 962 MW previously reported in service and 1.3 GW under construction.
Southeast AsiaDayOne and Blue Whale Energy explore virtual power plant for Singapore data centre. Virtual power plant feasibility study linked to a planned 20 MW Singapore campus.
Southeast AsiaNxera and Sembcorp explore low-carbon electricity supply in Singapore. Non-binding MoU covering several low-carbon options, including potential imports.
AfricaSoleCrypt expands proposed Tunisia AI data centre campus to 40 MW. 40 MW campus proposed, with a 7 MW first phase designed for 1,728 GPUs.
North AmericaProject Jupiter reaches structural completion milestone in New Mexico. First 855,000 sq ft portion reaches topping out.
OceaniaAirTrunk secures AU$4.25 billion green financing for Sydney data centre expansion. AU$4.25 billion green loan secured for a campus designed for up to 400 MW.
Filter
Data Centres, Power & Connectivity
L&T breaks ground on 52 MW Chennai AI data centre
30 October 2026 | India | Chennai, Tamil Nadu | Construction commenced
Larsen & Toubro's Vyoma.AI business began construction of a 52 MW data centre at its Chennai AI Factory campus. The site already hosts a 30 MW operational facility and has supporting power infrastructure rated at 150 MVA. Vyoma.AI is targeting more than 250 MW of data centre capacity across India and has previously identified AI company Together as a Chennai campus customer. The new 52 MW facility is under development, not yet commissioned; no completion date was confirmed.
Groundbreaking advances the 52 MW build, while the existing 30 MW facility is the evidence of capacity already operating on campus.
GreyRadius Insight
Ask whether the first hall can meet your density and redundancy requirements at the same time. Specify those conditions in the acceptance test.
AI Compute & Cloud Capacity
OneQode contracts 14 MW from AdaniConneX in Chennai
29 October 2026 | India | Siruseri SIPCOT, Chennai | Capacity agreement
OneQode signed an agreement for 14 MW of data centre capacity at AdaniConneX's Chennai campus for AI training, inference and sovereign AI services. The companies are discussing further opportunities of up to 114 MW, but this additional capacity is not contracted. AdaniConneX Chennai 1 has a 33 MW full-build-out plan, with its initial 17 MW phase launched in 2022. The agreement establishes a capacity commitment, not confirmation that OneQode's GPUs are installed or commercially available.
A 14 MW capacity agreement establishes the hosting commitment. The possible 114 MW expansion is still under discussion.
GreyRadius Insight
Use the contracted tranche in your base case. Put later tranches into a separate scenario with a fallback if deployment slips.
Data Centres, Power & Connectivity
Chatterjee Group launches Cortex DC with 2 GW development ambition
29 October 2026 | India | India, sites undisclosed | Platform launch
The Chatterjee Group introduced Cortex DC, an AI-focused data centre platform targeting 2 GW of capacity across India. The company says it intends to source 51% of its electricity from green energy and aims to make its first facility operational within 18 months of groundbreaking. Specific sites, construction budgets, grid agreements and commissioning dates have not been disclosed. The 2 GW figure is a long-term company target, not funded or energised capacity.
A 2 GW ambition provides little information about which projects can be delivered first. Look for a named site with power, planning and funding aligned.
GreyRadius Insight
Require evidence that the first site has enough contracted demand to support its initial build. Revisit later phases once that evidence exists.
Data Centres, Power & Connectivity
Tata Communications plans $400–450 million AI-ready fibre network
28 October 2026 | India | India | Planned network investment
Tata Communications announced plans to invest $400–450 million in approximately 10,000 km of long-haul fibre to connect major data centre and AI infrastructure clusters. The first phase will link Mumbai, Pune, Hyderabad and Chennai, followed by expansion towards Visakhapatnam, Bhubaneswar, Jamnagar and GIFT City. The three-phase network is intended to connect domestic data centres with international cable landing stations. The investment is planned expenditure; no network-wide completion date was confirmed.
The planned 10,000 km matters in segments. Each live link changes the set of campuses that can serve as credible backups for one another.
GreyRadius Insight
Include outage scenarios in network procurement. Ask whether a single cable cut could still take both paths down.
Data Centres, Power & Connectivity
Alliant Energy targets another 1 GW of data centre electricity contracts
30 October 2026 | North America | Iowa and Wisconsin, United States | Utility contracting outlook
Alliant Energy expects to sign contracts for approximately 1 GW of additional data centre electricity demand within six months, beyond 3.4 GW already contracted with Google, Meta and QTS. The additional demand is expected to ramp between 2029 and 2031. Alliant increased its 2027–2030 capital expenditure forecast by 19% to $15.9 billion and projects peak system demand rising more than 60% by 2031. The additional 1 GW remains anticipated rather than contracted or energised.
The additional 1 GW remains prospective, and the load is expected to build over several years.
GreyRadius Insight
Price a downside case in which infrastructure spending lands ahead of customer payments. Check minimum charges and remedies if a load ramp moves.
Financing & Investment
Amazon's quarterly capital spending exceeds $77 billion
30 October 2026 | North America | United States/global | Financial disclosure
Amazon reported more than $77 billion in third-quarter 2026 capital expenditure across data centres, AI servers, logistics and other assets. AWS quarterly revenue reached approximately $45.98 billion, up 39% year on year, with operating income of $17.8 billion. Amazon maintained a full-year capital expenditure outlook around $220 billion. These are company-wide investment figures, not spending exclusively attributable to data centres or AWS compute.
The capex figure covers Amazon as a whole. AWS revenue and margins offer a separate view of cloud demand and the economics of expansion.
GreyRadius Insight
For your own deployment, compare cost per completed workload and available start dates across regions. Treat spending announcements as context for those quotes.
Data Centres, Power & Connectivity
PowerBank announces 2 MW modular data centre development in Ontario
30 October 2026 | North America | Ontario, Canada | Development plan
PowerBank announced plans for a 2 MW modular data centre using an existing energy-development site and a joint development partner. The intended model involves leasing a powered shell to an AI cloud operator that would supply and operate GPUs. PowerBank estimated potential annual lease revenue of approximately CA$2 million, shared with its partner, subject to project delivery and commercial conditions. The exact site, tenant, power source, construction cost and commissioning timetable were not disclosed.
The lease revenue estimate depends on project delivery and a tenant taking the powered shell.
GreyRadius Insight
Run the project model with delayed occupancy and higher fit-out costs. Calculate the sponsor’s share of rent after partner economics and any obligations retained by the landlord.
Data Centres, Power & Connectivity
PG&E reports 12.87 GW data centre connection pipeline in California
29 October 2026 | North America | California, United States | Utility pipeline update
Pacific Gas and Electric reported 12.87 GW of data centre connection requests, up from 12.71 GW in July 2026. The pipeline includes 8.35 GW in applications and preliminary engineering, 3.88 GW in final engineering, 400 MW in the interconnection construction-agreement phase and 240 MW in construction. The construction-stage figure increased from 140 MW reported in June. The utility is planning grid modernisation to support approximately 1.8 GW of potential data centre demand through 2030. Requested capacity should not be confused with committed or energised electricity supply.
Only 240 MW of the 12.87 GW request pipeline was in construction at the reported snapshot. Movement into construction matters for near-term planning.
GreyRadius Insight
Put queue-stage projects in a separate planning scenario. Base critical launch commitments on a signed delivery schedule and evidence that the required grid work is funded.
Financing & Investment
EdgeCore completes $521 million financing backed by Santa Clara data centre
29 October 2026 | North America | Santa Clara, California | Financing completed
EdgeCore Digital Infrastructure closed a $521 million asset-backed securitisation secured against its fully stabilised SV01 data centre in Silicon Valley. SV01 provides 36 MW of IT capacity and is fully leased to a hyperscale customer. The two-building Santa Clara campus is planned to reach 72 MW of IT capacity at full build-out. Financing proceeds will refinance construction loans and support further development. This represents completed financing against an existing operating asset rather than newly commissioned capacity.
The securitisation is backed by existing, fully leased capacity. It provides a financing benchmark for stabilised assets with comparable tenant exposure.
GreyRadius Insight
Model lease expiry against debt maturity, including downtime and retrofit costs if the next tenant needs a different rack or cooling configuration.
Data Centres, Power & Connectivity
AIB advances 50 MW South Carolina AI data centre conversion for Nebius
29 October 2026 | North America | Moore, Spartanburg County, South Carolina | Development and permitting update
AIB Data Centers is advancing the conversion of a former cryptocurrency mining site into a 50 MW critical IT-load AI facility for Nebius. The project has a previously disclosed 12-year lease with two five-year renewal options and a 15-year utility supply agreement for 65 MW. Two 25 MW data halls are targeted for delivery in Q4 2027. A draft county development agreement describes approximately $1.2 billion of combined company and tenant investment, while project financing remains incomplete. A public hearing was scheduled for 3 November 2026; approval had not occurred during the reporting week.
The conversion’s potential advantage depends on whether existing utility infrastructure can support the new halls without extensive rework.
GreyRadius Insight
Ask the developer to demonstrate critical load under maintenance and failure scenarios. Compare the resulting delivery schedule with a greenfield option.
AI Compute & Cloud Capacity
Oracle and Google agree to bring TPUs to OCI from 2027
27 October 2026 | North America | United States/global OCI platform | Deployment agreement
Oracle and Google Cloud announced that Google's Tensor Processing Units will become available through Oracle Cloud Infrastructure beginning in calendar 2027, with deployment ramping over multiple years. OCI will be the first hyperscale cloud platform outside Google to offer these accelerators. Oracle will provide the supporting power, cooling, networking and data centre infrastructure. The companies did not disclose the first cloud region, TPU quantity or customer availability date within 2027. The announcement is a future deployment commitment.
The agreement adds a future procurement route. First-region availability and quota terms will determine which buyers can use it.
GreyRadius Insight
Test portability on a bounded workload and include conversion effort, support and data movement before committing to a second accelerator stack.
AI Compute & Cloud Capacity
Oracle and NVIDIA announce Vera Rubin availability and expansion ambitions
27 October 2026 | North America | United States/global OCI platform | AI compute announcement
Oracle and NVIDIA announced the availability of NVIDIA Vera Rubin NVL72 infrastructure and Vera CPUs through OCI, alongside plans to expand Vera Rubin-based OCI Superclusters to multi-gigawatt scale. The announcement also outlined future support for additional Rubin configurations. The multi-gigawatt figure is an expansion objective, not verified operational IT load. Specific region-by-region installed capacity and customer allocations were not established in the announcement.
The announcement gives buyers a platform to evaluate. Local allocations and network topology will determine the size and performance of clusters they can actually procure.
GreyRadius Insight
Make acceptance depend on throughput at your intended cluster size, including recovery after a node or rack failure.
AI Compute & Cloud Capacity
AWS reports substantial AI infrastructure capacity pre-commitments through 2028
26 October 2026 | North America | United States/global AWS platform | Executive capacity disclosure
Amazon CEO Andy Jassy said AWS capacity for 2026 was effectively sold out, that 2027 capacity was largely committed, and that a substantial portion of 2028 was already reserved. The comments accompanied Amazon's approximately $220 billion annual capital expenditure plans. The statements specifically excluded some on-demand capacity, including EC2 and Bedrock, so they do not mean every AWS service is unavailable. No exact contracted MW, accelerator count or region-level utilisation percentage was disclosed.
The reported commitments concern specific capacity categories and leave some on-demand supply outside the claim.
GreyRadius Insight
Buy firm capacity for deadlines you cannot move. Test flexible queues against alternative regions or services before paying to reserve peak demand.
Data Centres, Power & Connectivity
Alibaba Cloud launches Amsterdam region with two data centres
29 October 2026 | Europe | Amsterdam, Netherlands | Commercial launch
Alibaba Cloud launched its first Netherlands public cloud region, supported by two available data centres in Amsterdam. The company reported a global footprint of 109 availability zones across 32 regions and outlined additional European expansion plans, including Finland. The Amsterdam region is operational, whereas the proposed future regions are not yet commercially available. The launch adds another cloud infrastructure option for European enterprises seeking regional hosting and data residency.
Two Amsterdam data centres provide a basis for local redundancy, subject to service coverage and architecture.
GreyRadius Insight
Exercise failover using your actual dependencies. A workload that recovers locally can still depend on services with a different data-handling footprint.
Financing & Investment
Telehouse completes London Docklands acquisition for proposed 65 MW facility
29 October 2026 | Europe | East India Dock, London, United Kingdom | Acquisition completed
KDDI and Telehouse completed the acquisition of the Inventory Estate for more than £220 million. The property, adjacent to Telehouse's London Docklands campus, is intended to support a 65 MW high-density AI-ready data centre. The site currently contains two office buildings covering approximately 483,000 square feet, and planning consent exists for a data centre development. The purchase is complete, but the 65 MW facility has not been commissioned.
The purchase secures property and planning potential. The 65 MW opportunity still depends on power delivery and construction.
GreyRadius Insight
Set separate dates for land carry, utility handover and first billable capacity. Use the gaps to stress-test financing and tenant commitments.
Data Centres, Power & Connectivity
Norway warns data centre electricity consumption could reach 25 TWh by 2035
29 October 2026 | Europe | Norway | Energy assessment and policy debate
Norwegian authorities reported current data centre electricity consumption of approximately 3–4 TWh annually, equivalent to about 2.5% of national electricity demand. Consumption could reach 25 TWh by 2035 based on approved grid connections. Norway typically maintains an electricity surplus of approximately 15 TWh, raising concerns about future power balances as data centre demand grows. Political restrictions on new developments were being considered, but no nationwide prohibition had been enacted during the reporting period.
Norway’s annual consumption scenario shows potential system pressure. Individual sites also face local constraints that can differ from the national picture.
GreyRadius Insight
Test project viability under delayed connection and restricted peak power. Quantify how much load could shift without breaching customer service commitments.
AI Compute & Cloud Capacity
NTT launches additional AI factory infrastructure in Paris and Singapore
29 October 2026 | Europe | Paris, France; Singapore | GPU cluster launch
NTT Data Group announced the launch of GPU clusters in Paris and Singapore, expanding its network of AI factory environments to four sites across North America, Europe, Asia-Pacific and the Middle East. Existing locations include Plano, Texas, and Riyadh, Saudi Arabia. The environments integrate technology from NVIDIA and Cisco to help enterprises evaluate AI workloads, infrastructure architectures, performance and deployment costs. Accelerator quantities and power capacities for the two new sites were not disclosed. This cross-border development is counted once under Europe.
The four-site network broadens access to trials. The decision turns on whether the test configuration represents the intended production environment.
GreyRadius Insight
Record which performance and cost findings transfer to production and which need a second test on the target hardware or network.
AI Compute & Cloud Capacity
CoreWeave brings most of its planned 22.5 MW Danish deployment online
27 October 2026 | Europe | Ballerup, Greater Copenhagen, Denmark | Operational capacity milestone
CoreWeave announced that the majority of its planned 22.5 MW of IT capacity at atNorth's DEN01 facility is now online. The liquid-cooled DEN01 campus has 30 MW of total planned capacity and supports rack densities up to 100 kW. The site also participates in a district-heating heat-reuse arrangement. CoreWeave separately announced additional network points of presence across Asia-Pacific and the UAE, with activation expected from Q4 2026 through mid-2027. The full 22.5 MW should not be assumed operational until remaining capacity is commissioned.
The majority-online milestone improves near-term supply visibility, although the exact available allocation remains unspecified.
GreyRadius Insight
Ask for a dated inventory by tranche. Test whether the accepted cluster can handle the workload independently if the rest of the allocation is delayed.
Data Centres, Power & Connectivity
Spain revises proposed renewable-electricity rules for data centres
27 October 2026 | Europe | Spain | Regulatory proposal revised
Spain revised its proposed data centre renewable-energy requirements, increasing the applicable facility threshold from approximately 1 MW to 10 MW. The proposal retains an 80% hourly renewable-electricity coverage requirement while introducing a transition period of up to five years under specified conditions. The permitted age of qualifying renewable installations was extended from 18 to 36 months. Spain has more than 10 GW of data centre projects seeking grid connections, making the eventual regulation commercially significant. These are revised proposed rules, not confirmation that the decree is fully in force.
The proposed threshold and transition terms affect which sites need to comply, while hourly matching affects how they would buy power.
GreyRadius Insight
Use an hourly load model to test compliance under low renewable output. Price the remaining shortfalls before choosing a site or a PPA.
Sovereign Cloud & Controls
Microsoft introduces additional sovereign cloud controls
26 October 2026 | Europe | Global, with European regulatory relevance | Product announcement
Microsoft expanded its sovereign cloud portfolio with a Sovereign Control Panel in public preview, intended to help organisations assess workload locations and sovereignty requirements. Azure Local also gained multi-tenancy capabilities to separate governance and management across tenants sharing underlying infrastructure. The changes support public, private and hybrid cloud deployment models. They represent product and control-plane milestones, not the opening of new sovereign cloud regions or a guarantee of jurisdictional independence.
Public preview gives buyers an opportunity to test evidence collection before relying on it in production.
GreyRadius Insight
Run a mock audit for one regulated workload. Check which controls produce repeatable evidence and assign owners where evidence still comes from contracts or manual procedures.
Data Centres, Power & Connectivity
Microsoft signs two solar PPAs with Blueleaf Energy
28 October 2026 | Japan | Japan | Power purchase agreements
Microsoft signed two solar power purchase agreements with Macquarie-backed Blueleaf Energy, becoming the sole electricity offtaker for both projects. The facilities are entering construction and are expected to begin commercial operation in mid-2027. Blueleaf has an approximately 1.2 GW Japanese solar development portfolio, but that figure does not represent the contracted capacity of Microsoft's two projects. Individual project MW, PPA duration and locations were not disclosed.
The two agreements provide a clearer path to solar supply once projects enter operation. Their contracted volumes have yet to be disclosed.
GreyRadius Insight
Compare expected delivery with the workload’s hourly demand. Budget separately for grid access and electricity during hours the projects cannot cover.
Financing & Investment
STT GDC secures ¥93 billion green loan for Tokyo-area campus
27 October 2026 | Japan | Inzai City, Greater Tokyo | Financing secured
ST Telemedia Global Data Centres secured a ¥93 billion green loan, approximately US$590 million, for fit-out and operation of STTGDC TYO1 and TYO2. The buildings form part of a planned 70 MW data centre campus. The loan incorporates environmental criteria, including green building certification and energy-efficiency requirements. Financing has been secured, but this does not establish that the entire 70 MW campus is commissioned or leased.
Financing can advance fit-out, while actual capacity depends on building-level commissioning and tenant handover.
GreyRadius Insight
Ask for the drawdown conditions and align them with acceptance milestones. Model the carrying cost if either building opens later than planned.
Data Centres, Power & Connectivity
Hyundai advances AI data centre and GPU-services investment at Saemangeum
30 October 2026 | South Korea | Saemangeum, South Korea | Corporate investment decision
Hyundai Motor Group announced that several group companies, including Hyundai Motor, Kia, Hyundai Mobis, Hyundai E&C and Hyundai AutoEver, had decided to participate in an AI data centre and GPU-services business at Saemangeum. The initiative forms part of a broader 9 trillion won (approximately US$6.74 billion) AI Valley programme. Hyundai is establishing dedicated companies for infrastructure development and GPU services. The overall programme value is not a disclosed construction budget for the data centre, and no installed GPU count or energised MW was confirmed.
The corporate decision signals participation, while site readiness and customer demand will determine how much GPU service comes online.
GreyRadius Insight
Underwrite the campus and compute business separately. Test utilisation, hardware refresh and customer concentration in the GPU service case.
Financing & Investment
Naver establishes major AI infrastructure investment framework with Brookfield
29 October 2026 | South Korea | South Korea/global programme | Investment agreement
Naver announced an agreement involving Brookfield infrastructure financing of up to $9 billion for AI infrastructure assets, including data centres and GPUs. The broader arrangement also involves NVIDIA investment and supports an ambition to establish a 1 GW-scale AI infrastructure business. The investment ceiling is not equivalent to fully deployed capital, and the 1 GW objective is not confirmed operational capacity. The key commercial milestone is the establishment and funding of the investment vehicle, followed by actual asset procurement and deployment.
A financing framework can support several projects at different stages. Named assets and actual drawdowns will reveal where capital is being deployed.
GreyRadius Insight
Compare returns for powered property and accelerator fleets independently. Gate further funding on verified power, tenant demand and credible hardware replacement economics.
Data Centres, Power & Connectivity
Malaysia approves minimum 30% renewable-electricity requirement for new data centres
29 October 2026 | Southeast Asia | Malaysia | Government policy approval
Malaysia approved a requirement for new data centre operators to source at least 30% of electricity from renewable energy. The Energy Commission is developing implementation guidelines. The policy is supported by the Corporate Renewable Energy Supply Scheme, which allows third-party electricity supply through the grid subject to access charges. Malaysia has approximately 8.3 GW of data centre capacity in its interconnection pipeline, while a previously reported 5 GW of additional capacity received conditional approval linked to the renewable threshold. The detailed compliance mechanism remains pending.
The renewable requirement creates a siting and sourcing dependency. Implementation guidance will determine how operators demonstrate compliance.
GreyRadius Insight
Obtain indicative terms for eligible supply and grid access charges before using a conditional connection in the base case.
Data Centres, Power & Connectivity
DayOne and Sembcorp agree to evaluate integrated energy solutions
30 October 2026 | Southeast Asia | Singapore/APAC portfolio | Non-binding MoU
DayOne and Sembcorp Utilities signed a non-binding memorandum of understanding to explore power generation, electrical infrastructure, fuel storage, renewable electricity and operating services across DayOne's Asian data centre portfolio. DayOne reported 962 MW of capacity in service as of 20 September 2026 and 1.3 GW under construction, targeted for delivery by December 2028. These are historical portfolio figures, not capacity added by the agreement. No project-specific new power contract was announced.
A portfolio-level MoU identifies possible supply options. Firm campus-level commitments will show which ones can support expansion.
GreyRadius Insight
Compare proposals on delivery date, firmness and upgrade responsibilities. Count only contractable supply toward the load ramp.
Data Centres, Power & Connectivity
DayOne and Blue Whale Energy explore virtual power plant for Singapore data centre
30 October 2026 | Southeast Asia | Singapore | Feasibility MoU
DayOne signed a non-binding MoU with Blue Whale Energy to study a distributed virtual power plant connecting battery storage at its upcoming 20 MW SG1 data centre with storage assets at other commercial and industrial facilities. The proposed system would coordinate electricity consumption and flexibility services across participating sites. SG1 covers approximately 40,000 square metres and is targeted to commence commercial operations in early 2027. No virtual power plant storage capacity or contracted flexibility volume was disclosed.
The flexibility case depends on how much battery capacity remains after the data centre’s reserve needs and operating limits are met.
GreyRadius Insight
Stress-test a grid event followed by a site outage. Limit dispatch to the volume that still preserves the required backup margin.
Data Centres, Power & Connectivity
Nxera and Sembcorp explore low-carbon electricity supply in Singapore
28 October 2026 | Southeast Asia | Singapore | Non-binding energy agreement
Singtel's Nxera Singapore signed a non-binding MoU with Sembcorp to evaluate lower-carbon electricity solutions for its data centres. Options include hydrogen, biomethane, building-integrated solar and potential renewable imports associated with a proposed 2.2 GW floating solar development at Linggiu Reservoir in Johor. Nxera recently opened its 58 MW DC Tuas facility, taking its reported Singapore capacity to approximately 120 MW. The 2.2 GW solar figure is not contracted supply to Nxera, and the MoU establishes no binding electricity delivery volume.
The proposed generation project offers a sourcing option if cross-border delivery and commercial terms become available.
GreyRadius Insight
Rank options by firmness, delivered cost and auditable emissions evidence. Keep the proposed import volumes out of the committed supply forecast.
Data Centres, Power & Connectivity
SoleCrypt expands proposed Tunisia AI data centre campus to 40 MW
27 October 2026 | Africa | Bizerte, Tunisia | Revised development plan
SoleCrypt expanded its proposed Bizerte AI campus from 20 MW to 40 MW, with an initial 7 MW phase designed to accommodate 1,728 NVIDIA Rubin GPUs. The company targets early 2028 for first-phase operation. A supporting 60 MW solar and battery-storage development is proposed in Tozeur, approximately 525 km away. The campus is also planned near the Medusa subsea cable landing site. All figures represent development plans; commissioning, installed GPUs and electricity delivery have not been independently established.
The first phase’s value depends on when grid delivery, network diversity and installed compute converge at the same site.
GreyRadius Insight
Require a dated dependency plan with an owner for each gate. Tie initial capacity payments to tested power, connectivity and workload performance.
Data Centres, Power & Connectivity
Project Jupiter reaches structural completion milestone in New Mexico
27 October 2026 | North America | Doña Ana County, New Mexico, United States | Construction milestone
Clayco and Kiewit announced the topping out of the first building at Project Jupiter, a large data centre campus being developed by STACK and Oracle. The construction milestone covers the first 855,000-square-foot (approximately 79,432-square-metre) portion of the development. The project broke ground in October 2025. Topping out confirms completion of the primary structural framework, not electrical commissioning, customer occupancy or live AI compute availability.
Structural completion reduces one category of construction risk. Electrical fit-out and systems testing still determine service readiness.
GreyRadius Insight
Keep interim capacity plans in place until the first hall has a dated power handover and passes integrated testing under representative load.
Financing & Investment
AirTrunk secures AU$4.25 billion green financing for Sydney data centre expansion
27 October 2026 | Oceania | Western Sydney, Australia | Financing completed
AirTrunk secured an AU$4.25 billion (approximately US$2.99 billion) green loan backed by 32 financial institutions for continued development of its SYD3 campus. The 8.3-hectare development is designed for up to 400 MW at full build-out across 42 data halls. The current expansion phase is targeted for operation in 2028. The financing is committed, but the full 400 MW represents campus potential rather than energised or occupied IT capacity.
The financing improves visibility for continued development. Revenue depends on phased power delivery and tenant acceptance.
GreyRadius Insight
Test cash and covenant headroom under delayed energisation and slower leasing. Value later halls separately from the phase targeted for 2028.
Executive Dashboard
Signal
Key Data
Date
Region
Executive Implication
L&T breaks ground on 52 MW Chennai AI data centre
52 MW under construction at a campus with 30 MW operational
30 October 2026
India
Ask when the specific hall, rack density and network services you need can pass acceptance testing.
OneQode contracts 14 MW from AdaniConneX in Chennai
14 MW contracted, with up to 114 MW in further discussions
29 October 2026
India
Size reservations around the 14 MW commitment and tie payments to delivery milestones.
Chatterjee Group launches Cortex DC with 2 GW development ambition
2 GW development target, with 51% green electricity intended
29 October 2026
India
Underwrite the first phase on its own power, land and anchor demand assumptions.
Tata Communications plans $400–450 million AI-ready fibre network
US$400–450 million planned for approximately 10,000 km of fibre
28 October 2026
India
Compare actual paths to cable landing stations and check where backup routes share ducts or exchanges.
Alliant Energy targets another 1 GW of data centre electricity contracts
About 1 GW targeted in addition to 3.4 GW already contracted
30 October 2026
North America
Model power delivery against the utility’s generation and transmission schedule before committing to a site opening date.
Amazon's quarterly capital spending exceeds $77 billion
Over US$77 billion in Q3 company-wide capex, with AWS revenue of about US$45.98 billion
30 October 2026
North America
Use region-level service dates and firm quotes to assess capacity access. Group capex alone cannot show when your workload can go live.
PowerBank announces 2 MW modular data centre development in Ontario
2 MW modular project planned, with about C$2 million in potential annual lease revenue shared with a partner
30 October 2026
North America
Model the sponsor’s net cash flow after partner sharing, fit-out obligations and any delay before rent begins.
PG&E reports 12.87 GW data centre connection pipeline in California
12.87 GW requested, including 240 MW in construction
29 October 2026
North America
Rank sites by interconnection stage and require evidence of funded upgrades and a credible energisation date.
EdgeCore completes $521 million financing backed by Santa Clara data centre
US$521 million financing backed by 36 MW of fully leased IT capacity
29 October 2026
North America
Benchmark financing against assets with comparable lease maturity, customer concentration and operating history.
AIB advances 50 MW South Carolina AI data centre conversion for Nebius
50 MW critical IT load targeted for Q4 2027, with a 65 MW utility supply agreement
29 October 2026
North America
Tie acceptance to usable IT load in each hall. Assess whether conversion costs and equipment lead times preserve the schedule advantage.
Oracle and Google agree to bring TPUs to OCI from 2027
Google TPUs planned for OCI from 2027, with deployment ramping over several years
27 October 2026
North America
Test workload portability and include migration and engineering costs before committing to a TPU reservation.
Oracle and NVIDIA announce Vera Rubin availability and expansion ambitions
Vera Rubin NVL72 and Vera CPUs announced for OCI, with multi-gigawatt expansion planned
27 October 2026
North America
Request a reservation with a defined cluster size, fabric topology and acceptance benchmark for your workload.
AWS reports substantial AI infrastructure capacity pre-commitments through 2028
2027 AWS capacity described as largely committed, with some on-demand capacity excluded
26 October 2026
North America
Reserve capacity for predictable baseline demand and test where on-demand or another region can cover peaks.
Alibaba Cloud launches Amsterdam region with two data centres
Amsterdam region live across two data centres
29 October 2026
Europe
Validate backup, support and data-handling arrangements against residency needs before migrating critical workloads.
Telehouse completes London Docklands acquisition for proposed 65 MW facility
More than £220 million paid for property intended for a 65 MW facility
29 October 2026
Europe
Assess the connectivity advantage of the Docklands location alongside power, retrofit and construction costs.
Norway warns data centre electricity consumption could reach 25 TWh by 2035
Annual data centre electricity demand could reach 25 TWh by 2035, from about 3–4 TWh currently
29 October 2026
Europe
Stress-test Norwegian sites against delayed grid access and tighter power terms before making land or lease commitments.
NTT launches additional AI factory infrastructure in Paris and Singapore
GPU clusters launched in Paris and Singapore, expanding the network to four sites
29 October 2026
Europe
Use the nearest site to benchmark real workloads and document what would need to change before a production deployment.
CoreWeave brings most of its planned 22.5 MW Danish deployment online
Majority of planned 22.5 MW IT deployment online in Denmark
27 October 2026
Europe
Contract against accepted capacity by phase and test how cooling and networking perform at your intended rack density.
Spain revises proposed renewable-electricity rules for data centres
Proposed threshold raised to 10 MW, with 80% hourly renewable coverage retained
27 October 2026
Europe
Model hourly matching with your expected load shape to estimate exposure during hours when contracted renewables underdeliver.
Microsoft introduces additional sovereign cloud controls
Sovereign Control Panel in public preview and Azure Local multi-tenancy introduced
26 October 2026
Europe
Test administrator access, telemetry and backup locations against policy. Record which obligations still depend on contracts or operating procedures.
Microsoft signs two solar PPAs with Blueleaf Energy
Two solar PPAs signed, with commercial operation expected in mid-2027
28 October 2026
Japan
Evaluate the contracted generation profile separately from grid capacity required to run the underlying data centre load.
STT GDC secures ¥93 billion green loan for Tokyo-area campus
¥93 billion secured for fit-out and operations at two buildings within a planned 70 MW campus
27 October 2026
Japan
Review drawdown conditions and the usable capacity each building can deliver before relying on the full campus figure.
Hyundai advances AI data centre and GPU-services investment at Saemangeum
AI data centre and GPU services initiative within a broader ₩9 trillion programme
30 October 2026
South Korea
Assess infrastructure and GPU services separately, with utilisation and hardware refresh assumptions for the compute business.
Naver establishes major AI infrastructure investment framework with Brookfield
Up to US$9 billion in Brookfield financing within a framework targeting 1 GW scale
29 October 2026
South Korea
Stage investment against committed sites, power delivery and contracted demand. Test GPU utilisation and residual value separately from real estate.
Malaysia approves minimum 30% renewable-electricity requirement for new data centres
Minimum 30% renewable electricity approved for new data centres, with implementation guidance pending
29 October 2026
Southeast Asia
Compare the landed cost and availability of eligible power before using conditional grid capacity in an investment case.
DayOne and Sembcorp agree to evaluate integrated energy solutions
Non-binding energy MoU, with 962 MW previously reported in service and 1.3 GW under construction
30 October 2026
Southeast Asia
Match each proposed supply arrangement to a campus load profile and require firm terms before counting it in the power plan.
DayOne and Blue Whale Energy explore virtual power plant for Singapore data centre
Virtual power plant feasibility study linked to a planned 20 MW Singapore campus
30 October 2026
Southeast Asia
Ring-fence energy required for backup and test the economics of dispatching only the remaining flexibility.
Nxera and Sembcorp explore low-carbon electricity supply in Singapore
Non-binding MoU covering several low-carbon options, including potential imports
28 October 2026
Southeast Asia
Compare options on delivered energy cost, availability and emissions evidence. Exclude uncontracted project capacity from firm supply assumptions.
SoleCrypt expands proposed Tunisia AI data centre campus to 40 MW
40 MW campus proposed, with a 7 MW first phase designed for 1,728 GPUs
27 October 2026
Africa
Require separate evidence for grid delivery from the proposed generation site and network redundancy near the cable landing.
Project Jupiter reaches structural completion milestone in New Mexico
First 855,000 sq ft portion reaches topping out
27 October 2026
North America
Tie capacity commitments to commissioning and customer acceptance milestones after structural completion.
AirTrunk secures AU$4.25 billion green financing for Sydney data centre expansion
AU$4.25 billion green loan secured for a campus designed for up to 400 MW
27 October 2026
Oceania
Value each phase against its energisation date and tenant commitments before assigning returns to the full campus potential.
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