Welcome to the latest edition of the Mision Critical news from the EU, with the Data Centre Roundup, hosted by William Cooper-Bevan, Senior Consultant at Coalesce Management Consulting.
Watch the full video here or keep reading for all the latest news stories from the European Data Centre market.
Brookfield Asset Management have reached an agreement with AXA IM
Starting off with some big new in Europe, Brookfield Asset Management have reached an agreement with AXA IM to purchase the European data centre operator, Data4 Group. The deal is predicted to be worth over 3.5 billion euros and will give Brookfield control of Data4's portfolio of data centres. The facilities are all located within Europe, making this an impressive entry into the European market for the asset management titan.
Vantage data centres announced a second data centre campus in London
Over in the UK, Vantage data centres announced that they will be developing a second data centre campus in London. Glencar has been awarded a €140 million contract to build the new six storey data centre which is to be located near to London's Heathrow airport. The full site is 18,000m2 and is expected to be delivered in early 2025.
Panattoni, is planning to build a data centre in Spain
In other news, The real estate developer Panattoni, is planning to build a data centre in Spain, just outside of Barcelona. The site is to be comprised of two buildings totalling 48MW and is reportedly costing the developer 300 million euros. There is no confirmed date for construction to begin however, the 60,000 sqm plot of land has been acquired and Quark Unlimited Engineering has been assigned to carry out the engineering and design.
More exciting new in Paris as the French data center firm Data4 has announced plans for a new data center campus.
Data4 aims to develop a total of eight data centers with a total area of 32,000 square meters and a mammoth capacity of 120 MW.
The company said it aims to invest €1 billion in the project by 2030.
Olivier Micheli, president of Data4, said: “This acquisition is part of our ambition to quickly reach a capacity of 1GW and to be the pan-European reference player in the data center sector. We are thus strengthening our roots in the south of Paris.”
In Final news, Nordic data center firm EcoDataCenter has announced plans for a new 150MW campus, known as EcoDataCenter 2, in Sweden.
The campus will be constructed in phases, with the first 20MW completed in 2026.
Dan Andersson, CEO of EcoDataCenter stated “We are constructing a new growth platform for our clients that also enables us to take the next step in sustainable data center design. At EcoDataCenter 2 we will make a future-proof facility both in terms of sustainability but also from a technical perspective being able to handle very high densities,”
They were the top stories from the European data centre market in March, if you enjoyed the video please give it a like, comment, share or even better all 3!
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