Top 10 Data Center Deals & Developments — Week of 2026-06-29
Week of 2026-06-29 · Published July 5, 2026
Market Context
The data center sector is witnessing an unprecedented surge in M&A volume and capital commitments as institutional investors race to secure AI-ready infrastructure. This week's highlights include record-breaking acquisitions and massive multi-gigawatt campus developments, reflecting a strategic pivot toward high-density, liquid-cooled environments designed for next-generation generative AI workloads.
Rankings
BlackRock-Led Consortium Acquisition of Aligned Data Centers
$40B · Global AI Pipeline · Liquid Cooling Focus
In the largest data center M&A transaction to date, a consortium including Microsoft and NVIDIA acquired Aligned for $40 billion to secure a global pipeline for AI-native workloads.
Vantage Data Centers 'Frontier' Megacampus Delivery (Texas)
$25B · 1.4 GW · Shackelford County, TX
Vantage is hitting delivery milestones for a $25 billion, 1.4 GW campus in Shackelford County, specifically designed to support the OpenAI and Oracle 'Stargate' initiative.
Amazon Montgomery County Data Center Campus (Missouri)
$10B · 400 Direct Jobs · Montgomery City, MO
Amazon announced a massive $10 billion investment in rural Missouri, including plans to fund 100% of the electric grid connection costs for the state-of-the-art facility.
Digital Realty Acquisition of Northern Virginia Portfolio
$7.8B Valuation · 288 MW · Manassas & Sterling, VA
Digital Realty acquired a majority stake in three fully leased hyperscale facilities from Blackstone at a $7.8 billion valuation, solidifying its lead in the Ashburn market.
KKR and Singtel Acquisition of ST Telemedia Global Data Centres
$5.1B · Global AI Expansion · Controlling Stake
This $5.1 billion controlling stake acquisition aims to scale AI-capable data center footprints across high-growth international hubs and established European markets.
Equinix 'Hertfordshire Campus' Development
£3.9B · 250+ MW · Hertfordshire, UK
Equinix is moving forward with a £3.9 billion investment for a massive 250+ MW campus in the UK, targeting sovereign AI and high-density cloud infrastructure requirements.
CPP Investments $1.75B Commitment to EdgeConneX
$1.75B · 10 GW Development Pipeline · Global Scope
Canada's largest pension fund is backing EQT’s EdgeConneX to build out 10 GW of global AI capacity, targeting the Americas and EMEA markets.
Google North Carolina Data Center Expansion
$1B · 3.37M SF · Lenoir, NC
Google is investing $1 billion to expand its existing Lenoir campus to 3.37 million square feet, focusing on capacity for AI and cloud services.
Amazon GWU Virginia Science and Technology Campus Acquisition
$427M · 122 Acres · Ashburn, VA
Amazon Data Services purchased 122 acres from George Washington University for $427 million, slated for conversion into an AI-focused hyperscale hub.
Blackstone $3.5B Equity Sale to Digital Realty
$3.5B · 64% Stake · Northern Virginia
Blackstone monetized its 64% stake in a prime Northern Virginia portfolio, illustrating the high liquidity and valuation premiums for stabilized hyperscale assets.
Side-by-Side Comparison
| Rank | Deal / Project | Size / Power | Tenant / Buyer | Source | Source |
|---|---|---|---|---|---|
| 1 | BlackRock-Led Consortium Acquisition of Aligned Data Centers | $40B · Global AI Pipeline · Liquid Cooling Focus | In the largest data center M&A transaction to date, a consortium including Microsoft and NVIDIA acquired Aligned for $40 billion to secure a global pipeline for AI-native workloads. | - | Datacentre Magazine |
| 2 | Vantage Data Centers 'Frontier' Megacampus Delivery (Texas) | $25B · 1.4 GW · Shackelford County, TX | Vantage is hitting delivery milestones for a $25 billion, 1.4 GW campus in Shackelford County, specifically designed to support the OpenAI and Oracle 'Stargate' initiative. | - | W.Media |
| 3 | Amazon Montgomery County Data Center Campus (Missouri) | $10B · 400 Direct Jobs · Montgomery City, MO | Amazon announced a massive $10 billion investment in rural Missouri, including plans to fund 100% of the electric grid connection costs for the state-of-the-art facility. | - | Area Development |
| 4 | Digital Realty Acquisition of Northern Virginia Portfolio | $7.8B Valuation · 288 MW · Manassas & Sterling, VA | Digital Realty acquired a majority stake in three fully leased hyperscale facilities from Blackstone at a $7.8 billion valuation, solidifying its lead in the Ashburn market. | - | Digital Realty Investor Relations |
| 5 | KKR and Singtel Acquisition of ST Telemedia Global Data Centres | $5.1B · Global AI Expansion · Controlling Stake | This $5.1 billion controlling stake acquisition aims to scale AI-capable data center footprints across high-growth international hubs and established European markets. | - | Datacentre Magazine |
| 6 | Equinix 'Hertfordshire Campus' Development | £3.9B · 250+ MW · Hertfordshire, UK | Equinix is moving forward with a £3.9 billion investment for a massive 250+ MW campus in the UK, targeting sovereign AI and high-density cloud infrastructure requirements. | - | Data Center Dynamics |
| 7 | CPP Investments $1.75B Commitment to EdgeConneX | $1.75B · 10 GW Development Pipeline · Global Scope | Canada's largest pension fund is backing EQT’s EdgeConneX to build out 10 GW of global AI capacity, targeting the Americas and EMEA markets. | - | CPP Investments |
| 8 | Google North Carolina Data Center Expansion | $1B · 3.37M SF · Lenoir, NC | Google is investing $1 billion to expand its existing Lenoir campus to 3.37 million square feet, focusing on capacity for AI and cloud services. | - | Business North Carolina |
| 9 | Amazon GWU Virginia Science and Technology Campus Acquisition | $427M · 122 Acres · Ashburn, VA | Amazon Data Services purchased 122 acres from George Washington University for $427 million, slated for conversion into an AI-focused hyperscale hub. | - | The Washington Post |
| 10 | Blackstone $3.5B Equity Sale to Digital Realty | $3.5B · 64% Stake · Northern Virginia | Blackstone monetized its 64% stake in a prime Northern Virginia portfolio, illustrating the high liquidity and valuation premiums for stabilized hyperscale assets. | - | GlobeSt.com |
Rankings are built using live web research and publicly available data. Sources are cited inline. This content is for informational purposes only and does not constitute investment advice. View all rankings →