Data Centers

Dallas-Based DataBank Closes $1.45B Financing, Supports Data Center Project in Red Oak

by | Jun 16, 2026
The news follows DataBank's announcement in April that it had secured a $2 billion loan for construction of the first three of eight planned data centers at its campus in Red Oak, south of Dallas.
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DataBank Snags $2B Loan To Build First 3 of 8 Data Centers South of Dallas
by | 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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Irving-Based Shermco Acquires Central Texas’ Power Quality Engineering
by | 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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Texas A&M, Last Energy to Launch Microreactor Pilot at RELLIS as Texas Power Demand Climbs
by | 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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Flex Opens Dallas Manufacturing Plant for Its Grid-to-Chip Data Center Power Solutions

by | Oct 24, 2025
Austin-based Flex said its new facility in East Dallas "significantly boosts production capacity and efficiency" for its grid-to-chip data center power infrastructure solutions, including power pods, power distribution units, and low-voltage switchgear. 
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Dallas’ Aligned Partners With Calibrant to Deploy ‘First-of-its-Kind’ On‑Site Battery Storage for Data Centers
by | 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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North Texas’ Aligned Data Centers To Be Acquired for $40 Billion by BlackRock, Nvidia, xAI, Microsoft, and Others
by | 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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DOE-Funded UTA Project Tackles Cooling Costs in AI Data Center Boom
by | 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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Caterpillar and Hunt Energy Ink Agreement to Deliver 1GW of Data Center Power Across North America

by | Aug 22, 2025
The long-term collaboration between the Irving- and Dallas-based companies aims to meet the energy demands of always-on data centers, with the first project to launch in Texas.
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$761M Project: Wistron Selects Fort Worth’s AllianceTexas for Two AI Supercomputing Facilities
by | 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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U.K.-Based Yondr Group to Develop Hyperscale Data Center South of Dallas
by | 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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Dallas’ CyrusOne Partners With Houston’s Calpine to Build $1.2B Data Center Campus Near Waco
by | 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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Krupal Raval [Photo: CyrusOne]

CyrusOne Taps Former Equinix Exec as Its First Chief Strategy Officer to Lead Data Center Growth

by | Jul 3, 2025
The Dallas-based data center company’s new EVP will lead its fast-growing U.S. development program and deepen hyperscale relationships as CyrusOne expands its debt capacity and breaks ground on major projects in Texas.
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Nearly 1,000 ‘Part Owners’: Dallas Data Center Co. DataBank Launches Employee Ownership Program
by | Jun 26, 2025
The DataBank Employee Ownership Program "has the potential to generate a meaningful wealth-building opportunity" by providing a one-time bonus of up to 12 months compensation in addition to an employee's regular salary and benefits, the company said.
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Irving-Based CEC Facilities Group To Be Acquired by The Woodlands’ Sterling Infrastructure for $505M
by | Jun 17, 2025
CEC—a specialty electrical and mechanical contractor known nationwide for its work in semiconductors, data centers, high-tech manufacturing, and commercial construction—will continue to operate with CEO Daniel Williams at the helm.
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Aligned Data Centers Promotes Exec to Chief Facility Operations Officer
by | Apr 17, 2025
In his newly created position of CFOO at Aligned, Billie Haggard will oversee both day-to-day data center operations and personnel globally while driving the operational strategy for data center technology enhancements, efficiency, and innovation.
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