Pure Data Centres Group (Pure DC) has secured $2.7bn in financing to support the expansion of its AI and hyperscale cloud infrastructure projects across Europe and the Middle East.
This financing package consists of a $2.15bn facility supported by the company’s campuses in Dublin, Ireland, and Amsterdam, the Netherlands, along with an additional $550m in corporate-level financing.
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The facility was syndicated in three months and involves participation from financial institutions such as SMBC, ABN AMRO and Allianz Global Investors.
According to Pure DC, the financing facility aims to advance the development of its Dublin and Amsterdam sites.
Construction is ongoing at the fully leased Amsterdam campus. In Dublin, the site recently began operating what Pure DC describes as Europe’s first carbon net-zero data centre microgrid.
The debt facility also supports further planned expansion at the Dublin location, which currently has 54MW permitted and is designed to provide up to 150MW of IT capacity. The Dublin campus is located in the Ballycoolin area.
In parallel, Pure DC has raised its corporate-level funding facility to $550m. The company said this would give it greater flexibility to expedite investments in additional sites and scale up AI-focused campuses in Europe and the Middle East.
The financing is intended to enable faster site acquisitions and support new development opportunities, alongside traditional asset-level financing mechanisms.
Pure DC has emphasised plans to grow its presence in the Middle East, describing the area as a region it expects will become a major growth market for AI and hyperscale infrastructure in the coming decade.
Pure DC executive chairman and interim CEO Gary Wojtaszek said: “Pure DC is rapidly positioning itself at the centre of Europe and the Middle East’s AI transformation, leveraging one of the region’s fastest-growing FLAP-D hyperscale platforms to deliver the next generation of AI inferencing infrastructure.
“The support we’re seeing from leading global financial institutions reflects that. This funding demonstrates strong market confidence in Pure’s leadership team and strategy.”
The company also announced the appointment of Glencar to undertake the final build phase of its Brent Cross (LON01) campus in North London. The 23,186m² extension will bring overall campus capacity to 90MW.
The new facility, LON01 (B2), will add to the existing 20MW space, which is already operational and leased. Completion of the new phase is planned for the second quarter of 2029.
Glencar’s responsibilities include the delivery of the West Cold Shell, associated structural works, and connection to the neighbouring East Cold Shell.
