Microsoft Abandons UK Data Center Deal with Nscale Amid Power Supply Concerns

10/19/2026

Would have been Nscale's anchor tenant at the site

10/19/2026

Nscale, which is seeking to raise as much as $3 billion in an IPO as soon as this month, cited a London-wide grid issue

10/19/2026

British neocloud startup Nscale Global Holdings Ltd.’s plans to launch an initial public offering in the U.S. have suffered a massive setback after its biggest customer Microsoft Corp. pulled out...

10/19/2026

Microsoft has announced it will pull out of a project the UK government had previously dubbed the country’s largest AI data center.A backlog of power capacity for UK data centers means the site...

10/18/2026

Microsoft has pulled out of a data center deal with British cloud ​provider Nscale, Britain's Telegraph newspaper reported on Sunday.

10/18/2026

Microsoft Corp. has pulled out of a UK data center deal with British neocloud Nscale at a critical time for the startup’s initial public offering hopes, the Telegraph reported.

10/18/2026

US tech giant abandons agreement to lease capacity at neocloud’s UK site

10/18/2026

Nscale's US IPO prospectus named Microsoft and Anthropic as expected major customers.

10/19/2026

Planned development in Loughton was set to deliver 50 MW of AI capacity and create 250 permanent jobs

10/18/2026

The US tech giant, one of Nscale's two largest customers, recently terminated its agreement for the data center in Loughton, Essex, according to the report.

10/18/2026

Microsoft has reportedly terminated its agreement for Nscale’s data centre in Loughton, Essex, after repeated project delays. The UK power grid is not expected to supply the site until the 2030s,...

10/18/2026

Microsoft’s reported withdrawal from Nscale’s proposed Essex data center deal adds uncertainty to the British cloud provider’s expansion plans as it prepares for a potential US IPO.