Start Campus developing large data center site in Sines, Portugal, partly leased to Microsoft and Nscale
USD8.3M
Deal Value
2.4 MW
Capacity
development
Stage
Start Campus is developing a large data center site south of Lisbon in Sines, which is set to be partly leased to Microsoft and Nscale.
Counterparts (3)
Offtaker
Nscale
Nscale is a hyperscale data center developer and operator focused on delivering critical digital infrastructure to the world's largest technology companies. The company aims to build a portfolio of next-generation, AI-ready data centers across North America, leveraging a strategic partnership with DigitalBridge.
Microsoft
Microsoft is a technology company focused on software, hardware, and cloud computing. It is committed to sustainability and enabling others to meet their climate goals.
Deal Analysis
Start Campus is undertaking a significant development project to establish a large hyperscale data center site in Sines, Portugal, south of Lisbon. This announced development deal is notable for securing partial leases with major technology firm Microsoft and Nscale as off-takers. The involvement of Microsoft, a global leader in cloud computing with a stated commitment to sustainability, underscores the strategic importance of this project, positioning Sines as an emerging hub for digital infrastructure in the region.
This deal highlights the robust demand for hyperscale data center capacity, driven by the ongoing expansion of cloud services and digital transformation initiatives. Start Campus's focus on developing a sustainable and interconnected campus aligns with the broader industry trend towards environmentally responsible infrastructure. The project's development nature signifies a substantial long-term investment in the region's digital economy, with the anchor tenancy of a hyperscale cloud provider like Microsoft providing a strong foundation for future growth and attracting further investment into the Sines location.
- Development of a large hyperscale data center site by Start Campus in Sines, Portugal.
- Anchor tenancy secured with Microsoft, a global cloud computing leader, and Nscale.
- Strategic location in Sines, positioning it as an emerging digital hub.
- Focus on sustainability and interconnectedness by the developer, aligning with industry trends.
Source Intelligence
KEY DETAILS
Digital Realty said the site will be the closest data center to the submarine cable landings in Carcavelos. The company added that it is “laying the groundwork for long-term scalability,” with future expansion and campus development plans, but didn’t provide more details.
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Deal Size
However, in its recent Q4 2025 results, the company said it had acquired “a building and land” in the Carnaxide area of Lisbon for $8.3 million.
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Capacity
2.4MW facility due live in 2027
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Location
Digital Realty has entered Portugal, acquiring a data center in Lisbon.
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Announcement
March 04, 2026 By Dan Swinhoe
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COD
The acquired facility is expected to be ready for service in early 2027.
PARTIES MENTIONED IN SOURCE
D
Digital Realty
buyer
"Digital Realty has entered Portugal, acquiring a data center in Lisbon."
high quality
Enriched Mar 4, 2026
Timeline
Announced
Mar 4, 2026
Signed
Closed
Global Infrastructure Sherpa