This story was originally published on Facilities Dive. To receive daily news and insights, subscribe to our free daily Facilities Dive newsletter. Dive Brief: Two fast-growing infrastructure companies are teaming up to deploy a modular data center solution that could significantly reduce the time needed to scale up AI computing facilities. Energy Vault, a provider of grid-scale energy storage systems, said on Feb. 11 that it had inked a strategy partnership with Crusoe, an AI infrastructure developer, ...

Group 1 - IREN Ltd (NASDAQ:IREN) is recommended as a strong buy for the next 6 months, with a price target of $105 set by Compass Point [1] - The company has expanded its secured power base to 4.5GW, adding 1.6GW from its Oklahoma campus, and is advancing deployments in Canada and Texas [2] - Citizens has reiterated a Market Outperform rating on IREN Ltd with an $80 price target, reflecting confidence in the company's long-term prospects [2][3] Group 2 - IREN Ltd is pivoting from Bitcoin mining to providing high-quality data center capacity, with over 2GW of capacity available for contracts with hyperscalers [3] - The company secured $3.6 billion in GPU financing for its Microsoft contract, which, along with Microsoft's $1.9 billion prepayment, will cover 95% of GPU-related capital expenditures for a 140,000-GPU expansion [4] - This expansion is projected to generate $3.4 billion in annual recurring revenue [4] Group 3 - IREN operates data centers powered by renewable energy, focusing on high-performance computing for AI cloud services and Bitcoin mining, with a recent strategic shift towards AI infrastructure [5] - The company has established a significant partnership with Microsoft valued at $9.7 billion [5]

Digital Realty Trust, Inc. (NYSE:DLR) is one of the best infrastructure stocks to buy right now. On February 6, 2026, TD Cowen raised its price target on Digital Realty (NYSE:DLR) to $185 from $179 while keeping a Hold rating. The firm cited strong Q4 results and the potential for better renewal spreads through 2026, which could lift Core‑FFO/share growth. Digital Realty (DLR) Expands Global Footprint, Faces EPS Miss Studio Grand Ouest/Shutterstock.com On the same day, February 6, 2026, Citi lowered its ...

Equinix, Inc. (NASDAQ:EQIX) is one of the best infrastructure stocks to buy right now. On February 12, TD Cowen analyst Michael Elias increased the price target on Equinix, Inc. (NASDAQ:EQIX) to $1,123 from $995 and held a Buy rating. Equinix (EQIX): Analysts See Strong Momentum Ahead Elias foresaw revenue acceleration in 2026 and 2027, should booking trends endure. He stated that this could lift adjusted funds from operations per share toward the top of Equinix’s 2025 Investor Day range. Elias noted fur ...

By Chandini Monnappa, Surbhi Misra and Urvi Dugar BENGALURU, Feb 19 (Reuters) - India's biggest conglomerates are stepping up a push into AI and data infrastructure, with Reliance ‌committing about $110 billion and Adani pledging $100 billion to position the nation as an ‌emerging hub for AI development. While the sum is modest against the more than $630 billion U.S. tech giants are expected ​to spend this year, India is offering tax breaks for foreign firms operating from domestic data centres, along ...

One more threat to new housing—a land grab by data-center developers. Residents are getting fed up. https://t.co/sNcxJANUYG ...

NEW DELHI, Feb 19 (Reuters) - OpenAI will become the first customer of India's ‌Tata Consultancy Services' data centre business, ‌beginning with 100 megawatts of capacity, part of the ​global AI infrastructure initiative Stargate, the companies said. Stargate is a $500 billion multi-year initiative to build AI data centres for training and inference, ‌backed by major ⁠investors. The deal is a major boost for TCS, which in a ⁠strategic shift last year disclosed plans to invest up to $7 billion in a 1 gi ...

VivoPower International executive chairman Kevin Chin talked with Proactive about the company’s $30M strategic PIPE investment and its accelerating AI data centre strategy. Chin described the funding as “strategic capital” from long-term institutional investors and sovereign family offices based in the UAE and Saudi Arabia. He explained that the private investment in public equity (PIPE) structure brings sophisticated investors with experience in AI data centre businesses, adding not only capital but also ...

Core Viewpoint - Cipher Mining Inc. (NASDAQ:CIFR) is identified as a promising investment opportunity with significant upside potential, particularly due to its established data centers that may attract infrastructure investors seeking stable cash flows [1]. Group 1: Investment Potential - Morgan Stanley initiated coverage of Cipher Mining with an Overweight rating and a price target of $38, indicating strong confidence in the company's future performance [1]. - The firm believes that Bitcoin companies with established data centers, like Cipher Mining, will likely appeal to investors focused on long-term, stable cash flows, especially if they secure long-term leases with creditworthy counterparties [1]. Group 2: Business Model Comparison - Morgan Stanley compared Cipher Mining's business model to that of data center REITs such as Equinix and Digital Realty, noting that Bitcoin companies' data centers may not achieve the same valuation multiples due to limited growth potential [2]. - The report suggests that data centers developed by Bitcoin companies should ideally be owned by REIT-like investors who can accurately assess the value of long-term, low-risk contracted cash flows [2]. Group 3: Company Overview - Cipher Mining operates as a Bitcoin mining ecosystem in the U.S. and is involved in developing a cryptocurrency business [3].

Core Insights - Cantor Fitzgerald, L. P. acquired 3,333,423 additional shares of IREN, with an estimated transaction value of $171.96 million, reflecting a significant increase in their investment in the company [2][7] - The quarter-end value of IREN's position increased by $124.65 million, driven by both new purchases and price changes [2] - IREN shares were priced at $40.97 as of February 17, 2026, representing a 215.9% increase over the prior year, significantly outperforming the S&P 500 by 203.0 percentage points [8] Company Overview - IREN Limited is a data center operator and Bitcoin miner with a market capitalization of $13.59 billion, generating revenue through digital asset mining and data center operations [6][4] - The company operates vertically integrated data centers and owns computing hardware, primarily generating revenue from Bitcoin mining and data center services [9] Investment Implications - Cantor Fitzgerald's aggressive increase in its stake in IREN indicates a strategic shift in its neo cloud investments, having sold 86% of its holdings in CoreWeave [10] - IREN now represents 1.99% of Cantor Fitzgerald's 13F AUM, with top holdings including NVDA, MSTR, and ORCL [8] - The company has a key weakness due to its heavy dependence on a contract with Microsoft, which poses a risk if the contract were to fall through [11]