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PURE DC ACCELERATES AI INFRASTRUCTURE GROWTH ACROSS EUROPE AND THE MIDDLE EAST
Pure Data Centres Group( Pure DC), one of the fastest growing hyperscale cloud and AI infrastructure platforms across Europe and the Middle East, has announced it has secured US $ 2.7billion in financing, underscoring strong confidence from leading global financial institutions in the company’ s leadership, differentiated strategy, premier customer base and accelerating growth trajectory.
The financing includes a US $ 2.15 billion facility secured against Pure DC’ s Dublin and Amsterdam campuses, alongside an increase in its corporate-level financing to US $ 550 million. The expanded facility brings in leading institutions including SMBC, ABN AMRO and Allianz, further strengthening Pure’ s funding base and extending relationships with major infrastructure finance providers.
The Dublin facility recently became Europe’ s first data centre microgrid which is also carbon net-zero, something the company is looking to develop further throughout the region. The debt facility also enables continued expansion of the Dublin campus. Located in the fibre-rich Ballycoolin area, the site is designed to deliver up to 150MW of IT capacity, with 54MW currently permitted.
“ The successful syndication of the US $ 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,” said Mike Schwartz, Chief Financial Officer, Pure DC.
The US $ 2.15 billion facility, which was successfully syndicated within three months, attracted strong demand from the wider financing market and reflects the quality of Pure DC’ s assets, customer base, management strength and growth trajectory and supports delivery of Pure DC’ s Dublin and Amsterdam developments. The Amsterdam facility is fully leased with construction currently underway. comprehensive portfolio of Internet services, including IP transit, Ethernet, wavelength connectivity and colocation, serving carriers, cloud providers, enterprises and content delivery networks.
The launch of a new Point of Presence( PoP) in Barcelona will play a critical role in RETN’ s Mediterranean connectivity strategy. The PoP provides direct connectivity to Milan via the 2Africa submarine cable system, one of the largest subsea cable projects globally. This route offers full path diversification compared to traditional terrestrial connections and delivers improved latency performance. The new PoP is connected to Madrid via gasoline pipes rather than the conventional highway network – further strengthening RETN’ s network architecture within Spain and enhancing redundancy across key national routes.
RETN, a leading independent global network service provider, has announced a strategic network expansion that strengthens its presence in Spain and its European backbone. The company operates one of the largest privately owned fibre-optic networks in the world, spanning more than 142,000 km across Europe, Asia and North America. RETN delivers a
RETN EXPANDS IN SPAIN WITH NEW BARCELONA POP AND 2AFRICA CONNECTIVITY TO MILAN
As part of RETN’ s growth strategy, it is significantly increasing its footprint in Spain and Southern Europe. This expansion reflects growing demand for high-performance and high-scale infrastructure in the region. Benefitting from strong growth in solar and wind generation, the Iberian Peninsula is becoming an increasingly attractive location for digital infrastructure and subsea landing systems. As a key landing point for submarine cables linking Europe with Latin America and Africa, Spain plays a growing role in intercontinental traffic flows and global network resilience.
“ This is an important milestone for RETN and we look forward to continuing our expansion in Spain while supporting the country’ s growing digital ecosystem,” said Milko Ilari, Head of Southern Europe at RETN.
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