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Data Centers
New DataBank CFO Ben Lowe, left, takes over finance from Kevin Ooley, center, who becomes CEO in 2027. Current CEO Raul Martynek, right, will become executive chairman. [Photos: DataBank, Dallas Innovates files]
Dallas’ DataBank Hires New CFO as Part of Leadership Transition
by Sandra Engelland | Sep 24, 2026
Ben Lowe succeeds President and CFO Kevin Ooley, who will transition to CEO in 2027. That’s when current CEO Raul Martynek will become executive chairman.
by Sandra Engelland |
Aug 13, 2026
Nikki Kresse most recently served as chief experience and people officer at senior living operator Lifespace Communities. Her hiring is at least the eighth executive appointment or promotion Dallas-based Stream Data Centers has announced since Apollo took majority control in August 2025.
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by Sandra Engelland |
Aug 4, 2026
Hatem, who has led nearly every operating function at the Dallas-based company, succeeds Eric Schwartz, who steered CyrusOne through its $15 billion take-private and four years of expansion.
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Rendering of DataBank’s DFW10, the second of eight two-story data centers in DataBank's campus in Red Oak, south of Dallas. [Image: DataBank]
DataBank Snags $2B Loan To Build First 3 of 8 Data Centers South of Dallas
by David Seeley | Apr 21, 2026
According to a Business Insider report, Oracle will be the tenant for all three data centers, as well as the fourth one planned at the campus in Red Oak. Tokyo-based MUFG Bank, Ltd. was the administrative agent, coordinating lead arranger, and sole bookrunner on the $2 billion loan.
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by Sandra Engelland |
Mar 12, 2026
The acquisition reinforces Shermco’s key services, expands its footprint in Central Texas, and supports its strategic expansion in the rapidly growing data center market, the company said.
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by Maddie Preston |
Dec 8, 2025
The pilot will test Last Energy’s 5-megawatt PWR-5 design at Texas A&M–RELLIS while the company advances a plan for 30 commercial microreactors in Haskell County northwest of Dallas-Fort Worth to serve data center growth.
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![At Google’s Midlothian data center on Nov. 14, Google executives joined Texas Governor Greg Abbott and other government leaders to announce the company’s $40 billion Texas investment. [Photo: Google]](https://s24806.pcdn.co/wp-content/uploads/2025/11/Platform-panel_47A1634_970_google-360x203.jpg)
by Quincy Preston |
Nov 16, 2025
Google CEO Sundar Pichai was in North Texas on Friday to announce the tech giant’s largest investment in a single state. The multiyear plan will add three Texas data center campuses, increase energy supply to the state’s grid, and train 1,700 electricians as the AI economy scales.
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Large-scale battery system enables Aligned Data Centers’ Pacific Northwest facility to access grid power years ahead of schedule. [Photo: Aligned Data Centers]
Dallas’ Aligned Partners With Calibrant to Deploy ‘First-of-its-Kind’ On‑Site Battery Storage for Data Centers
by Lance Murray | Oct 23, 2025
“This project flips the script on how data centers access power,” said Calibrant CEO Phil Martin. “Rather than the false choice between waiting years for system upgrades or having to go off grid entirely, we're working with leading data center providers like Aligned to use distributed energy solutions to facilitate and accelerate grid interconnection.” The news comes a week after AIP, MGX, and BlackRock announced their $40 billion acquisition of Aligned Data Centers.
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by Lance Murray |
Oct 15, 2025
A consortium of big industry players called the Artificial Intelligence Infrastructure Partnership (AIP) and other partners are snapping up Aligned and its 50 data center campuses across the U.S. and Latin America. AIP's first-ever investment aims to help meet "the growing demand for the infrastructure required as AI continues to reshape the global economy," said BlackRock CEO Larry Fink.
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by Maddie Preston |
Sep 29, 2025
UTA is part of a DOE-backed "moonshot" to cool the world’s AI infrastructure more sustainably—aiming to cut data center cooling energy from 40% to under 5% and slash the massive water use demanded by AI systems. The project includes partnering with next-gen liquid cooling tech startup, Austin-based Accelsius.
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North Texas’ Compass Partners With Schneider Electric on Prefab White Space Modules for Data Centers
by Lance Murray |
Sep 9, 2025
The Schneider Electric EcoStruxure Pod "delivers all elements of world-class data center white space in a prefabricated pod solution that is deployed quickly on-site with a simplified installation process," the companies said.
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The Wistron AI project's primary site is at 15200 Heritage Parkway, Fort Worth [Photo: Fort Worth Economic Development Partnership]
$761M Project: Wistron Selects Fort Worth’s AllianceTexas for Two AI Supercomputing Facilities
by David Seeley | Aug 21, 2025
The facilities—Wistron's first in the U.S.—will create more than 800 full-time jobs, the Fort Worth Economic Development Partnership said, firmly positioning Fort Worth "as a key player in the future of advanced technology manufacturing and the broader reshoring movement, bringing critical manufacturing, logistics and innovation back to the U.S."
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by Lance Murray |
Aug 19, 2025
Yondr said the project on 163 acres in Lancaster marks a "milestone" in its U.S. expansion. Newly appointed CEO Aaron Wangenheim called Dallas "one of the largest and fastest-growing data center markets in the world."
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by David Seeley |
Jul 31, 2025
In its first phase, the hyperscale campus northwest of Waco will encompass more than 190,000 square feet, with scalable capacity to meet future demand. It will feature "climate-neutral initiatives, water conservation, biodiversity protection, and capabilities to respond during ERCOT grid emergencies," the companies said.
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by Lance Murray |
Jul 3, 2025
Industry expert Jason Carolan has joined North Texas-based Centersquare, a data center provider with colocation facilities in markets across North America and the United Kingdom, as chief development officer....
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