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Goldacre

  • Legal & General-backed London data centre finally gets planning approval

    Tech

    Local government ministers have unanimously approved planning proposals for what is set to be one of London’s largest data centres. The £750m development in the Newham borough of London is joint-funded by asset management firm Legal and General (L&G) and digital infrastructure investor Goldacre. It will be able to deliver from 77 up to 90 megawatts of [...]

    The data centre set for the Newham borough of London is joint-funded by Legal and General and digital infrastructure investor Goldacre.
  • New data centre planned for London amid ‘significant lack of power’

    Tech

    The demand for data centres is rapidly rising. AI training and large language models, such as ChatGPT and Gemini, require enormous amounts of power.

    The European data centre market is forecast to grow fourfold in the next decade, with nearly £200bn worth of dry powder ready to be spent.

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