London Data Centre Firm Pure DC Secures $2.7Billion For European And Middle East Expansion

Backed by Oaktree Capital, Pure DC develops and operates large-scale data centres that are leased to hyperscalers such as Microsoft, Google, and Amazon to support AI and cloud services.

The financing package includes a $2.15 billion facility secured against the company’s Dublin and Amsterdam campuses, alongside an increase in its corporate financing capacity to $550 million. New financial partners include SMBC, Allianz Global Investors, and ABN AMRO.

A major portion of the investment is supporting Pure DC’s Amsterdam campus, where the company is investing more than €1 billion into a 78MW AI-focused data centre project reportedly fully leased to Microsoft. Construction is currently underway, with the campus expected to generate more than 1,000 jobs.

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In Dublin, Pure DC is continuing to expand its carbon net-zero data centre campus, which recently became Europe’s first data centre microgrid operating at net-zero carbon emissions. Located in Ballycoolin, the site is designed to provide up to 150MW of IT capacity.

The company says the financing provides greater flexibility to accelerate developments across key European markets and expand into emerging AI infrastructure hubs in the Middle East. Pure DC already operates a data centre in Abu Dhabi and views the region as a major long-term growth market for hyperscale and AI infrastructure.

However, the company recently confirmed it had temporarily paused some Middle East AI infrastructure investments due to geopolitical tensions linked to the Iran conflict.

Pure DC CEO Gary Wojtaszek said: "Over the past 12 months, we have materially strengthened and diversified our financing platform, bringing in high-quality institutional partners and increasing available capital.   

"The successful syndication of the $2.15 billion facility and the expansion of our corporate facility demonstrate both the depth of market demand and the confidence lenders have in our assets, structure and strategy."

About Pure Data Centres

Founded in 2013 Pure Data Centres Group is a digital infrastructure company focused on delivering sustainable and innovative data centre solutions. The firm combines expertise in engineering, security, science, and sustainability to design and operate high-performance facilities that support modern cloud and AI workloads with simplicity, consistency and efficiency.