BusinessHardware

Major 24MW Data Center Facility Hits Market in Washington’s Tech Corridor

A significant 24MW data center facility has been listed for sale in Washington’s growing tech market. The South Hill Business and Technology Center reportedly includes substantial recent investments targeting AI and high-density computing needs. The property’s strategic location offers connectivity advantages in the competitive Seattle-area data center market.

Major Pacific Northwest Data Center Facility Listed for Sale

A substantial data center complex has entered the market in Washington’s expanding technology corridor, according to commercial real estate reports. The 24MW South Hill Business and Technology Center, located in Puyallup, Washington, is currently being offered for sale, presenting a significant opportunity in one of the state’s emerging data center markets.

EnergyManufacturing

Stegra Seeks $1.1 Billion Green Steel Funding Amid Sweden’s Industrial Transition

Swedish green steel firm Stegra is seeking €975 million ($1.1 billion) in new funding to complete its hydrogen-based steel plant in Boden. The financing comes as Sweden’s green transition faces challenges despite leading Europe’s shift from fossil fuels.

Swedish startup Stegra, formerly known as H2 Green Steel, has announced plans to raise approximately €975 million ($1.1 billion) in additional financing to support the construction of its groundbreaking green steel plant in northern Sweden. This substantial funding round represents a critical moment for Europe’s transition to sustainable industrial production and highlights both the opportunities and challenges facing hydrogen-based manufacturing.

Stegra’s Ambitious Funding Requirements