Pure Data Centres secures $2.7 billion financing for European data center expansion
Type: Financing · Technology: Data Center · Country: Ireland, Netherlands, United Kingdom · Capacity: 150 MW · Value: $2.7B · Announced: 2026-05-28
Pure Data Centres Group secured $2.7 billion in financing to expand its European data center operations, including a $2.15 billion facility tied to its Dublin and Amsterdam campuses. The financing package includes a $550 million increase in corporate-level debt, enabling Pure DC to accelerate investments in new AI campuses and FLAPD infill sites across Europe. The Dublin facility, located in Ballycoolin, is designed to deliver up to 150MW of IT capacity, with 54MW already permitted, and features a recently launched microgrid to support sustainable operations. The Amsterdam facility is fully leased, with construction currently underway, while the Dublin campus expansion is supported by the new financing structure. Lenders involved in the transaction include SMBC, ABN AMRO, and Allianz, reflecting strong market confidence in Pure DC's leadership and strategic positioning in Europe's AI infrastructure growth.
Counterparties
- SMBC (Lender)
- ABN AMRO (Lender)
- Allianz (Lender)
- Pure Data Centres Group (Borrower)