Amsterdam, Netherlands - 15 December 2025 - Pure Data Centres, the London-based hyperscale developer backed by Oaktree Capital Management, has unveiled plans to invest up to EUR 1 billion (USD 1.175 billion) in a major new data centre campus in Amsterdam, underscoring renewed investor confidence in European digital infrastructure despite mounting power and permitting constraints.
The project ranks among the largest data centre investments announced in Europe this year and reflects growing demand from cloud and AI customers seeking large-scale capacity in well-connected markets, according to a Reuters report published on Monday.
The Amsterdam campus is designed as a single-tenant hyperscale facility and is expected to deliver up to 78 megawatts of IT capacity once fully built. Construction is scheduled to begin in January 2026, with phased delivery planned from 2028 onward.
The site will be powered by a dedicated private substation, a critical feature in the Netherlands, where grid congestion has slowed or delayed several large infrastructure developments in recent years.
Pure Data Centres said the facility is intended to support cloud computing and artificial intelligence workloads, sectors that are driving unprecedented growth in data centre demand globally. Agencies cited third-party market data indicating that the planned capacity would represent roughly seven per cent of all new continental European data centre capacity expected to come online in 2025, highlighting the project’s scale within a competitive regional market.
Amsterdam remains one of Europe’s most strategically important data centre hubs, benefiting from dense fibre connectivity, access to major internet exchanges, and proximity to enterprise and cloud customers.
However, the market has also faced stricter environmental scrutiny and tighter permitting rules, making large, well-capitalised developments increasingly rare. Industry analysts say projects backed by alternative asset managers such as Oaktree are better positioned to navigate rising construction costs, power availability challenges, and long development timelines.
Pure Data Centres has steadily expanded its footprint across Europe, North America, and Asia-Pacific, focusing on build-to-suit hyperscale campuses rather than multi-tenant colocation facilities.
Oaktree’s backing places the company among a growing group of infrastructure developers attracting long-term institutional capital as data centres are increasingly viewed as essential assets underpinning the global digital economy.
The Amsterdam announcement adds to a wave of large-scale investments by private equity and credit firms seeking exposure to AI-driven infrastructure growth, even as regulators and utilities across Europe grapple with how to balance economic development with energy and sustainability goals.
