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Factbox-Some of the big US investments being made in AI and energy
Factbox-Some of the big US investments being made in AI and energy

The Star

time15-07-2025

  • Business
  • The Star

Factbox-Some of the big US investments being made in AI and energy

FILE PHOTO: A building complex that houses Compass Datacenters is partially visible from a nearby neighborhood in Broadlands, Virginia, U.S., March 13, 2025. REUTERS/Leah Millis/File Photo WASHINGTON (Reuters) -American companies rolled out a series of big ticket AI and energy investment pledges on Tuesday, part of a push by U.S. President Donald Trump to maintain America's edge in the booming technology sector. Here are some of the biggest announcements timed around the Energy and Innovation Summit at Carnegie Mellon University, which is expected to include $90 billion in investments in and around Pennsylvania. Alphabet-owned Google has struck a $3 billion deal with Brookfield Asset Management for electricity generated from two hydropower facilities in Pennsylvania. The tech giant will also invest $25 billion in data centers across Pennsylvania and neighboring states over the next two years, Semafor reported on Tuesday. Asset management firm Blackstone plans a $25 billion investment in data centers and energy infrastructure in Pennsylvania, its President and Chief Operating Officer Jon Gray told a panel at the summit. On Monday Meta Platforms Chief Executive Mark Zuckerberg said his company would spend hundreds of billions of dollars to build several massive AI data centers, including a multi-gigawatt data center dubbed Prometheus, which is planned for Ohio. Cloud infrastructure technology company CoreWeave plans to spend up to $6 billion on building a new artificial intelligence data center in Pennsylvania, the company said on Tuesday. The pledges come amid a surge in investments for AI startups, a sign that the field continues to thrive even as venture capital firms are struggling to raise money, a report from PitchBook on Tuesday showed. (Reporting by Raphael Satter; Editing by Chizu Nomiyama )

GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure
GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure

Globe and Mail

time02-06-2025

  • Business
  • Globe and Mail

GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure

PORTLAND, Ore., June 02, 2025 (GLOBE NEWSWIRE) -- Green Building Initiative (GBI) announces the release of the Green Globes Data Center Campus Certification, tailored to the unique operational and infrastructure demands of data center campuses. The innovative offering provides data center owners and operators with a streamlined, efficient, and cost-effective way to assess and certify the sustainability of multiple buildings on a site. GBI partnered with Compass Datacenters to develop the program and maximize its industry impact. 'Digital infrastructure is the backbone of today's society, and it's critical that we design, construct, and operate these spaces with sustainability at the forefront,' said Vicki Worden, CEO of GBI. 'The Green Globes Data Center Campus Certification empowers operators to optimize environmental performance across entire campuses while meeting evolving stakeholder expectations and regulatory requirements.' As demand for energy-intensive digital infrastructure continues to grow, the new Green Globes Data Center Campus Certification supports mission critical facilities working to reduce environmental impact and achieve long-term resilience. The certification recognizes the interconnected nature of data center campus operations and makes it possible to evaluate redundant infrastructure and systems to holistically improve efficiency and sustainability. Recently named one of the fastest-growing companies in the Americas by the Financial Times, Compass Datacenters is delivering data centers for the world's largest hyperscalers and cloud providers. The company leverages its modular designs and manufacturing-style approach to construction, allowing for tremendous speed to market. As a developer of data center campuses worldwide, Compass was the ideal partner for creation of the Green Globes Data Center Campus Certification. Compass' campuses in Dallas, Phoenix, Chicago, and Mississippi will be the first to pursue the new campus certification. 'By standardizing our campuses, we reduce digital, procedural and physical waste to scale faster. GBI is wisely adopting that mindset with the campus-wide certification, making it possible to streamline documentation and certification across data halls and buildings into a single, unified process,' said Amy Marks, SVP Innovation for Compass Datacenters. 'Our co-development of this process with GBI underscores our belief that doing the right thing is good business—and it advances continuous improvement across materials, energy and water use, and community engagement.' GBI Green Globes is a nationally recognized, flexible, and transparent multi-attribute certification that assesses energy and water efficiency, site impact, emissions reduction, material selection, and resilience at any stage of the building lifecycle. The Green Globes process includes a third-party, on-site assessment by a dedicated Green Globes Assessor (GGA) and may qualify projects for financial incentives and compliance with local sustainability mandates. Green Globes Data Center Campus Certification Features and Benefits: Holistic Campus Assessment: Evaluates performance across three or more buildings sharing common design and infrastructure Streamlined Certification Process: Replication of documentation and questionnaires across buildings Dedicated Assessment Support: Consistent assignment of a Green Globes Assessor across projects when possible Pricing Efficiencies: Discounts on registration, specification review (optional), assessment, and travel Recognition & Promotion: Certified campus plaques, custom GBI-issued press releases, and social media promotion Actionable Insights: Personalized improvement recommendations from the assigned Green Globes Assessor Eligibility for campus certification requires GBI organizational membership at the Stewardship Level or above and completion of a kickoff consultation with GBI. The program is now available for new construction campuses that include three or more new construction buildings (up to 18 months of occupancy or less than 12 months of consecutive utility data) and will soon be released for existing buildings. GBI invites industry leaders, developers, and data infrastructure stakeholders to explore this innovative pathway to sustainability and operational excellence. For more information on the Green Globes Data Center Campus Certification, visit GBI's Green Globes for Data Centers webpage. About GBI GBI is an international nonprofit organization and American National Standards Institute (ANSI) Accredited Standards Developer dedicated to improving the built environment's impact on climate and society. Founded in 2004, the organization is the global provider of the Green Globes®, Journey to Net Zero ™ and federal Guiding Principles Compliance building assessment and certification programs. GBI also issues professional credentials, including Green Globes Emerging Professional (GGEP), Green Globes Professional (GGP), and Guiding Principles Compliance Professional (GPCP). Discover opportunities to get involved with GBI by contacting info@ or visiting About Compass Datacenters Compass Datacenters, one of Inc. Magazine's 5000 fastest growing companies, designs and constructs data centers for the world's largest hyperscalers and cloud providers. Through prefabrication and applying modern manufacturing principles to construction, Compass is uniquely able to deliver customizable, scalable, sustainable, and low-cost data centers in an expedited time frame. These large-scale, long-lived campuses create economies of scale for customers and local communities. Compass is backed by Ontario Teachers' Pension Plan and Brookfield Infrastructure. For more information, visit MEDIA CONTACT Megan Baker, GBI Vice President of Engagement, (971) 256-7174, megan@

GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure
GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure

Yahoo

time02-06-2025

  • Business
  • Yahoo

GBI Launches Green Globes® Data Center Campus Certification Alongside Compass Datacenters for Sustainable Digital Infrastructure

PORTLAND, Ore., June 02, 2025 (GLOBE NEWSWIRE) -- Green Building Initiative (GBI) announces the release of the Green Globes Data Center Campus Certification, tailored to the unique operational and infrastructure demands of data center campuses. The innovative offering provides data center owners and operators with a streamlined, efficient, and cost-effective way to assess and certify the sustainability of multiple buildings on a site. GBI partnered with Compass Datacenters to develop the program and maximize its industry impact. 'Digital infrastructure is the backbone of today's society, and it's critical that we design, construct, and operate these spaces with sustainability at the forefront,' said Vicki Worden, CEO of GBI. 'The Green Globes Data Center Campus Certification empowers operators to optimize environmental performance across entire campuses while meeting evolving stakeholder expectations and regulatory requirements.' As demand for energy-intensive digital infrastructure continues to grow, the new Green Globes Data Center Campus Certification supports mission critical facilities working to reduce environmental impact and achieve long-term resilience. The certification recognizes the interconnected nature of data center campus operations and makes it possible to evaluate redundant infrastructure and systems to holistically improve efficiency and named one of the fastest-growing companies in the Americas by the Financial Times, Compass Datacenters is delivering data centers for the world's largest hyperscalers and cloud providers. The company leverages its modular designs and manufacturing-style approach to construction, allowing for tremendous speed to market. As a developer of data center campuses worldwide, Compass was the ideal partner for creation of the Green Globes Data Center Campus Certification. Compass' campuses in Dallas, Phoenix, Chicago, and Mississippi will be the first to pursue the new campus certification. 'By standardizing our campuses, we reduce digital, procedural and physical waste to scale faster. GBI is wisely adopting that mindset with the campus-wide certification, making it possible to streamline documentation and certification across data halls and buildings into a single, unified process,' said Amy Marks, SVP Innovation for Compass Datacenters. 'Our co-development of this process with GBI underscores our belief that doing the right thing is good business—and it advances continuous improvement across materials, energy and water use, and community engagement.' GBI Green Globes is a nationally recognized, flexible, and transparent multi-attribute certification that assesses energy and water efficiency, site impact, emissions reduction, material selection, and resilience at any stage of the building lifecycle. The Green Globes process includes a third-party, on-site assessment by a dedicated Green Globes Assessor (GGA) and may qualify projects for financial incentives and compliance with local sustainability mandates. Green Globes Data Center Campus Certification Features and Benefits: Holistic Campus Assessment: Evaluates performance across three or more buildings sharing common design and infrastructure Streamlined Certification Process: Replication of documentation and questionnaires across buildings Dedicated Assessment Support: Consistent assignment of a Green Globes Assessor across projects when possible Pricing Efficiencies: Discounts on registration, specification review (optional), assessment, and travel Recognition & Promotion: Certified campus plaques, custom GBI-issued press releases, and social media promotion Actionable Insights: Personalized improvement recommendations from the assigned Green Globes Assessor Eligibility for campus certification requires GBI organizational membership at the Stewardship Level or above and completion of a kickoff consultation with GBI. The program is now available for new construction campuses that include three or more new construction buildings (up to 18 months of occupancy or less than 12 months of consecutive utility data) and will soon be released for existing buildings. GBI invites industry leaders, developers, and data infrastructure stakeholders to explore this innovative pathway to sustainability and operational excellence. For more information on the Green Globes Data Center Campus Certification, visit GBI's Green Globes for Data Centers webpage. About GBI GBI is an international nonprofit organization and American National Standards Institute (ANSI) Accredited Standards Developer dedicated to improving the built environment's impact on climate and society. Founded in 2004, the organization is the global provider of the Green Globes®, Journey to Net Zero™ and federal Guiding Principles Compliance building assessment and certification programs. GBI also issues professional credentials, including Green Globes Emerging Professional (GGEP), Green Globes Professional (GGP), and Guiding Principles Compliance Professional (GPCP). Discover opportunities to get involved with GBI by contacting info@ or visiting About Compass Datacenters Compass Datacenters, one of Inc. Magazine's 5000 fastest growing companies, designs and constructs data centers for the world's largest hyperscalers and cloud providers. Through prefabrication and applying modern manufacturing principles to construction, Compass is uniquely able to deliver customizable, scalable, sustainable, and low-cost data centers in an expedited time frame. These large-scale, long-lived campuses create economies of scale for customers and local communities. Compass is backed by Ontario Teachers' Pension Plan and Brookfield Infrastructure. For more information, visit MEDIA CONTACT Megan Baker, GBI Vice President of Engagement, (971) 256-7174, megan@ A photo accompanying this announcement is available at

Mississippi PSC approves contract for new data center
Mississippi PSC approves contract for new data center

Yahoo

time07-02-2025

  • Business
  • Yahoo

Mississippi PSC approves contract for new data center

LAUDERDALE COUNTY, Miss. (WJTV) – The Mississippi Public Service Commission (PSC) approved a special contract between Mississippi Power Company and Compass Datacenters Jan I, LLC. According to Central District Commissioner De'Keither Stamps, the Dallas-based developer is set to build an eight-building campus in Lauderdale County. The total investment value is $10 billion. Stamps said the facilities for the state-of-the-art data center are expected to be constructed over an eight-year period creating numerous job opportunities and stimulating local economic growth. High egg prices impacting Mississippi businesses 'The partnership aligns with the PSC's commitment to fostering innovation and investment in Mississippi's energy landscape,' said Stamps. 'Today's approval is a testament to our dedication to attracting new businesses to Mississippi and ensuring that our energy providers can meet the needs of modern industries.' The contract outlines specific terms that will allow Mississippi Power Company to provide reliable energy solutions tailored to the requirements of Compass Datacenters. 'Their investment in Mississippi reflects confidence in the state's potential for growth in the technology sector. The PSC will continue to monitor the progress of the contract to ensure that it meets the expectations of both Mississippi Power Company and Compass Datacenters, as well as the residents of Mississippi,' stated Stamps. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Compass Datacenters holds groundbreaking in Meridian
Compass Datacenters holds groundbreaking in Meridian

Yahoo

time29-01-2025

  • Business
  • Yahoo

Compass Datacenters holds groundbreaking in Meridian

MERIDIAN, Miss. (WJTV) – Officials from across Mississippi welcomed Compass Datacenters to East Mississippi on Tuesday, January 28. They attended the East Mississippi Business Development Corporation annual meeting at Mississippi State University (MSU)-Meridian's Riley Center. The officials also took part in the international company's groundbreaking on the outskirts of the Queen City. Hattiesburg teacher receives Milken Educator Award The hyperscale campus, which will include eight data centers completed in an eight-year timeframe, will house computing and network infrastructure to support large, tech-intensive companies. 'What Compass Datacenters is planning to do here in this community is going to have an incredible statewide impact as well. I'm looking forward to seeing a lot of our Mississippi State graduates work for Compass and the many other companies we are going to see as a result of this investment. Preparing students for these jobs is what we're all about at Mississippi State University,' said MSU President Mark E. Keenum. MSU broke ground in spring 2023 on its new High Performance Computing Data Center as the land-grant research institution constructs its second facility increasing its capabilities as the fourth fastest U.S. academic supercomputing site. The university also is a partner in the new Mississippi Cyber and Technology Center being constructed at Keesler Air Force Base in Biloxi as a national hub for cybersecurity training, support and research. Close Thanks for signing up! Watch for us in your inbox. Subscribe Now Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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