Data center construction starts reached $58.1 billion year to date through May across 91 projects β more than four times the prior-year record pace β according to ConstructConnect. May starts alone totaled $7.9 billion. These are tracked construction starts using ConstructConnect’s proprietary methodology, not a measure of total industry spending. Key facts The average project … Read more
MasTec has agreed to acquire Superior Group for approximately $1.65 billion, adding roughly 3,000 employees and specialized electrical and infrastructure capacity aimed at data center construction, the company announced. The consideration is about $1.175 billion in cash and $475 million in stock. This is an acquisition agreement β closing conditions had not been reported as … Read more
Virginia has enacted a temporary tax on electricity consumption of $0.011 per kilowatt-hour, under budget language that takes effect July 1, 2026 and runs until before July 1, 2028. The provision includes refunds if annual collections exceed $600 million. For the largest data center market in the world, this converts a policy debate into a … Read more
Data centers are reshaping industrial land markets in 2026, with power availability now driving site selection more than fiber.
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