Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale Secures $900M For Data Center Expansion

Artificial intelligence infrastructure firm Nscale has closed a 900M line of credit intended to accelerate the construction of its global data center portfolio.

D.C. Department of Veterans Affairs Building’s CMBS Loan Enters Special Servicing

The 102 million commercial mortgage-backed securities (CMBS) loan on PED Investments’ 425 Eye Street NW, home to the headquarters of the U.S. Department of Veterans Affairs’ Office of Construction and Facilities Management, has been sent to special servicing for “imminent monetary default,” according to an alert from Morningstar Credit. The alert notes that the building []

Qualcomm (NASDAQ: QCOM) Targets $40 Billion In Non-Handset Revenue By 2029 As Data Center Push Takes Shape

Qualcomm Incorporated (NASDAQ: QCOM) used its 2026 Investor Day to unveil an accelerated diversification strategy spanning data centers, automotive, robotics, and industrial AI platforms. The company raised its fiscal 2029 non-handset revenue target to 40 billion, roughly double its previously stated goal, signaling a dramatic shift in business composition. A newly announced data center AI [] The post Qualcomm (NASDAQ: QCOM) Targets 40 Billion In Non-Handset Revenue By 2029 As Data Center Push Takes Shape appeared first on Foreign Policy Journal.

McNabb Center Expands Centerpointe Facility to Increase Substance Use Treatment Capacity in Knoxville

Knoxville, TN (WOKI) - The Helen Ross McNabb Center is set to mark a major expansion of its Centerpointe facility, increasing access to critical subst...

NYC’s top deals: Brooklyn logs borough-wide record for year with $25M townhouse sale

There were 231 transactions totaling 338 million filed in New York City records in the 24 hours before 4 p.m. on Monday, July 6. Commercial: Flushing logged the most expensive commercial deal recorded in New York. Prime Pacific LLC took over a multifamily property at 41-31 Haight Street for 7.5 million amid a foreclosure lawsuit. The mixed-use building stands six stories tall and has 23 apartments; it measures 23,700 square feet. The prior owner was 41 Haight Street Owner, LLC. Residential: The priciest home sale to hit records was in Brooklyn Heights, where a 6,600-square-foot townhouse at 192 []This article originally appeared on The Real Deal. Click here to read the full story.

A Pair Trade Opportunity By Nuveen Municipal Credit Income Funds

A Pair Trade Opportunity By Nuveen Municipal Credit Income Funds

Founder Of Brookfield-Backed Avaada Seeks $750 Million Loan

The proceeds will be used to repay a 1 billion credit facility that was issued by Brookfield in 2023 to Avaada Ventures, people known to the matter said.

Ratnadeep Retail files IPO papers with SEBI; intends to raise ₹400 crore via fresh issue

The proceeds of the issue are to be used for retail network expansion, debt repayment

BVI emerges as a global hub for tokenised finance, accounting for $1.2bn in stablecoins

BVI emerges as a global hub for tokenised finance, accounting for $1.2bn in stablecoins

Amazon Just Announced Shocking $25 Billion News. Should Investors Worry?

The e-commerce leader has to fund its data center construction somehow.

This US city will pay $9,500 to relocate

This US city will pay $9,500 to relocate

It may be almost impossible to make data centers pay their ‘fair share’ of electricity costs

Many major tech companies have pledged to pay their fair share of the costs associated with generating and transmitting more electricity to serve large data centers. But ratepayers across the United States are worried about the potential costs ...

AI’s power hunger is turning electric utilities into Wall Street growth stocks — and customers may pay the price

As data centers drive record demand, utilities like NextEra are using 10 profit margins on infrastructure investment to justify billion-dollar buildouts.

Science ministry vows $650 bil. investment in AI data centers

Science ministry vows $650 bil. investment in AI data centers

तस्बिरमा हेर्नुहोस् निर्माणाधीन तनहुँ जलविद्युत आयोजना

तनहुँ। नेपाल विद्युत प्राधिकरणको पूर्ण स्वामित्वमा रहेको तनहुँ हाइड्रोपावर लिमिटेड (टिएचएल) प्रवर्द्धक रहेको १४० मेगावाट क्षमताको जलाशययुक्त तनहुँ जलविद्युत आयोजनाको समग्र भौतिक निर्माण प्रगति ७५.५ प्रतिशत पुगेको छ। सेती नदीमा निर्माणाधीन राष्ट्रिय गौरवको यस आयोजना नेपाल सरकार, नेपाल विद्युत प्राधिकरण तथा एसियाली विकास बैंक, जापान अन्तर्राष्ट्रिय सहयोग नियोग र युरोपेली लगानी बैंकको सहुलियतपूर्ण ऋण सहयोगमा []

‘It happened slowly...': Indian couple’s American Dream turns into ₹8.4 crore debt

They also had a kitchen renovation loan of 150,000 (approximately Rs 1.5 crore) and 30,000 (around Rs 30 lakh) in credit card debt.

Explaining how Binance’s MiCA delay is reshaping Europe’s crypto market

MiCA is changing Europe's crypto landscape, with liquidity and users gradually shifting toward licensed exchanges.

PFC, REC seek to help centre retain majority at low cost

Power Finance Corp and REC are finalizing a merger plan to help the government maintain its majority stake cost-effectively. Two primary options are being considered: issuing preference shares at 10 each, requiring an estimated 800 crore outlay, or subscribing to non-tradable bonds worth around 24,000 crore. Advisors favor the preference share route, deeming it less expensive than the recurring interest costs of bonds.

General : RM9.8 Bln Allocated To Expand Microfinancing For Small Traders - Liew

PUCHONG, June 21 (Bernama) -- The government has allocated RM9.8 billion in financing funds through six major institutions to expand and simplify access to microcredit for hawkers and small entrepreneurs nationwide, said Deputy Finance Minister Liew Chin Tong.

NextEra’s Acquisition of Dominion Energy Would Result in Corporate Mega-Utility

The utility merger seeks to exploit the data center boom for profit and political clout, at ratepayers’ expense.

Board offers $3-billion settlement to restructure Puerto Rico power company debt

SAN JUAN, Puerto Rico — A federal control board that oversees Puerto Rico’s finances announced Tuesday that it has offered a 3-billion settlement to bondholders in a new push to finally restructure more than 10 billion in debt held by the U.S. territory’s power company. The board is proposing paying cash and offering the issuance of new []

What is a credit union and how much can I borrow? Clonard Credit Union answers Irish News reader questions

Terry McCrudden: ‘The maximum loan amount available from CUU Credit Union is £75,000

Meta plans billions for first AI data centre in Canada

Meta plans billions for first AI data centre in Canada

Govt allocates Rp8 trillion to renovate 400,000 homes

The government has allocated around Rp8 trillion (nearly US450 million) to support the renovation of 400,000 ...