Singapore’s Kuok Group is putting €5.3 billion, roughly $6 billion, into building a hyperscale data center campus just south of Milan. The project, disclosed by Italian Industry Minister Adolfo Urso on June 26 after meeting with representatives from Kuok’s digital infrastructure arm K2 Strategic, would deliver approximately 300 MW of capacity.
Italy’s data center gold rush
Kuok Group isn’t arriving to an empty party. Italy has become one of Europe’s hottest destinations for data center capital, with more than €25 billion in planned projects across 83 sites through 2028.
Just a month before the Kuok announcement, EdgeConneX revealed its own €3 billion plan for three data center campuses in Lombardy, the same region where K2 Strategic intends to build.
Who is K2 Strategic
