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Pure Data Centres has announced plans to develop a hyperscale data centre campus in Amsterdam with an investment of up to EUR 1 billion, making it one of Europe's largest data centre commitments this year. The campus will be leased to a single hyperscale cloud provider, a rare development in a tightly regulated and power-constrained market. Construction is expected to begin in early 2026, with phased delivery from 2028. Powered by a dedicated private substation, the facility will offer 78 MW of capacity, supporting cloud and AI workloads. Backed by Oaktree Capital Management, the project highlights strong long-term demand for data infrastructure in Europe.
Pure Data Centres has announced plans to develop a hyperscale data centre campus in Amsterdam, with total investment expected to reach up to EUR 1 billion, positioning it as one of the largest data centre commitments in Europe during the current year. The campus will be leased to a single hyperscale cloud provider, a feature that sets the project apart at a time when many announced developments lack confirmed customer commitments. Advertisement
The Amsterdam site is being planned in a market that has faced significant constraints in recent years, including limits on new data centre developments and ongoing pressure on grid capacity. Against this backdrop, securing a long-term lease with a hyperscale tenant is viewed as highly unusual and significant. The project is intended to support large-scale cloud computing and artificial intelligence workloads, reflecting the accelerating infrastructure requirements of global technology firms.
Construction is scheduled to begin in early 2026, with delivery expected in phases from 2028 onwards. The campus will be powered by a dedicated private substation, a design choice aimed at mitigating wider European grid challenges that have slowed or stalled several comparable developments. Once operational, the facility is planned to deliver 78 megawatts of power capacity, making it the largest data centre campus in Amsterdam by this measure.
Industry observers note that the Amsterdam data centre market has remained relatively subdued over the past two years, with limited new supply compared with other major European hubs such as Frankfurt, Paris, London and Milan. Only a modest amount of additional capacity has been delivered locally during this period, contributing to tight availability and renewed interest in projects with secured power and tenants.
The scale of the planned campus is also notable in a broader European context. The 78 MW of capacity represents a meaningful share of the total new live capacity added across continental Europe this year, underlining the project's regional importance. Power capacity, measured in megawatts, remains the primary benchmark for assessing data centre scale and market impact.
Despite a series of large data centre announcements across Europe in recent months, relatively few have been accompanied by confirmed hyperscale leases. Market participants have increasingly cautioned that some projects are promoted before key elements such as power access, planning approvals or customer agreements are finalised. In contrast, the Amsterdam campus is being positioned as a fully underwritten development with tangible delivery prospects.
Pure Data Centres is backed by Oaktree Capital Management, a US-based alternative asset manager with a substantial global investment footprint and ownership links to Brookfield. The backing of a major institutional investor, combined with a committed hyperscale tenant, is expected to lend credibility to the project and reinforce confidence in the long-term fundamentals of Europe's data centre sector, even in tightly regulated and capacity-constrained markets such as Amsterdam.
Source - Reuters
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