Good morning. Welcome to Data Center View! In each issue, we cover the top stories, trends, and listings in the data center sector.

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NEWS ROUNDUP

DEVELOPMENT: Digital Realty enters Kansas City with $474 million project. Digital Realty has entered the Kansas City data center market with the $474 million acquisition of 1,440 acres at Astra Enterprise Park in De Soto, Kansas, positioning the company to develop a large-scale hyperscale data center campus. As part of the project, Digital Realty signed an Energy Service Agreement with Evergy that will provide 600MW of power by early 2028, with expansion potential to 2GW.

FUNDRAISING: Aston Power raises $20 million to expand AI infrastructure power platform. Aston Power has raised $20 million in funding to expand its integrated power delivery platform, with the round led by TDK Ventures and Building Ventures, alongside participation from JLL Spark Global Ventures and other investors. Founded in 2022, the Raleigh, North Carolina-based company provides a single platform that integrates power generation, transmission, firming, and energy infrastructure to meet the growing electricity demands of AI data centers.

DEVELOPMENT: Meta and Microsoft drive data center lease commitments past $850 billion. Meta Platforms and Microsoft committed tens of billions of dollars in additional data center leases during their latest reporting periods, helping push total future lease commitments among the largest cloud providers to more than $850 billion.

DEVELOPMENT: Chevron and Microsoft partner on 2.67GW Texas project. Chevron has signed a 20-year power purchase agreement with Microsoft to develop Project Kilby, a 2.67GW co-located natural gas power facility in West Texas that will supply dedicated electricity to a Microsoft-operated data center. Developed by Energy Forge One LLC, a Chevron subsidiary, in collaboration with Engine No. 1, the project will be built in phases using GE Vernova turbines and additional generation from Solar Turbines, a subsidiary of Caterpillar. Jeff Gustavson, President of Chevron New Energies, said the project leverages the company’s Permian natural gas resources to support the growing energy demands of AI, while Noelle Walsh, President of Cloud Operations + Innovation at Microsoft, said the agreement provides scalable, reliable power for the company’s expanding AI and cloud infrastructure.

READ: Data center alley is reshaping the Northeast carbon market.

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