European Private Capital Firms Target EUR 17 Billion (USD 19.93 Billion) in Data Centre Deals Amid AI Surge

October 6, 2025- European private equity and infrastructure investors are actively pursuing EUR 17 billion (USD 19.93 billion) worth of data centre transactions, reflecting heightened demand for AI-ready infrastructure across the continent. Analysts say this surge is part of a broader global trend, with over USD 46 billion in data centre mergers and acquisitions completed this year, and an additional USD 35 billion pending.

Key deals in motion include Oaktree Capital Management’s potential partial sale of Pure DC, valued at up to EUR 5 billion (USD 5.86 billion), Partners Group considering the sale of Nordic operator atNorth for around EUR 4 billion (USD 4.69 billion), and EQT planning to divest GlobalConnect in a transaction estimated at EUR 8 billion (USD 9.38 billion). Deutsche Bank’s asset manager DWS is seeking EUR 2 billion (USD 2.35 billion) for its North data centre unit, while Orange is reviewing the sale of stakes in multiple French facilities.

Investors cite the accelerating demand for AI workloads, cloud services, and digital services as the primary driver for these transactions. Data centres are increasingly seen as stable, high-yield assets, making them attractive to infrastructure and private capital players.

“The European data centre market is maturing rapidly, and these transactions highlight both the scale of demand and the strategic value investors place on AI-capable infrastructure,” said an industry analyst at Synergy Research Group.

The active dealmaking underscores the critical role of data centres in supporting AI, cloud, and enterprise workloads, as European enterprises and public-sector institutions expand their digital infrastructure to meet growing computational requirements.