European data center firm Pure DC has secured new financing to fuel development of its new Finnish campus.
The company announced this week that it has secured €1.3 billion ($1.48bn) of committed senior debt for Phase I development of its Seinäjoki AI campus (SJK01).
– Pure Data Centres
Senior project financing was secured across SMBC, ABN AMRO, Citi, Societe Generale, and Natixis CIB.
The first phase of development at SJK01 will see more than €1.5bn ($1.71bn) invested in building a 110MW AI facility. At full build-out, the site could scale to 550MW and see more than €7.5 billion ($8.6bn) invested.
