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 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.
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.
