Pure Data Centres Group has secured 拢2 billion in financing.
The London firm is one of the fastest-growing hyperscale cloud and AI infrastructure platforms across Europe and the Middle East.
The financing includes a 拢1.6bn facility secured against Pure DC鈥檚 Dublin and Amsterdam campuses, alongside an increase in its corporate-level financing to around 拢410m.聽
The expanded facility brings in leading institutions including SMBC, ABN AMRO and Allianz Global Investors.
The Amsterdam facility is fully leased with construction currently underway. The Dublin facility recently became Europe鈥檚 first data centre microgrid which is also carbon net-zero – something the company is looking to develop further throughout the region – and is located in the fibre-rich Ballycoolin area. The site is designed to deliver up to 150MW of IT capacity, with 54MW currently permitted.
鈥淧ure DC is rapidly positioning itself at the centre of Europe and the Middle East鈥檚 AI transformation, leveraging one of the region鈥檚 fastest-growing FLAP-D hyperscale platforms to deliver the next generation of AI inferencing infrastructure,鈥� said Gary Wojtaszek, executive chairman & interim CEO, Pure DC.聽
鈥淭he support we鈥檙e seeing from leading global financial institutions reflects that. This funding demonstrates strong market confidence in Pure鈥檚 leadership team and strategy.鈥�
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The company is particularly focused on expanding its presence in the Middle East which it believes will become one of the defining growth markets for AI and hyperscale infrastructure over the next decade.
鈥淥ver the past 12 months, we have materially strengthened and diversified our financing platform, bringing in high-quality institutional partners and increasing available capital,鈥� said Mike Schwartz, CFO.
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