Amsterdam: A data centre developer backed by global investment firm Oaktree Capital has revealed plans to build a significant new digital infrastructure campus in Amsterdam, marking one of the largest commitments to hyperscale computing capacity in Europe this year. The project, spearheaded by Pure Data Centres, underscores Europe’s rapidly expanding role in the global digital economy and the soaring demand for facilities capable of supporting artificial intelligence and cloud services.
The firm announced on Monday that it will invest up to €1 billion (approximately $1.17 billion) to construct a state-of-the-art data centre campus in the Dutch capital. Unlike many planned facilities that are announced without confirmed clients, Pure Data Centres has already secured a lease with a single hyperscaler tenan a large cloud or internet services provider that requires massive computing power for AI and data services.
Construction on the sprawling campus is scheduled to begin in January 2026, with phased delivery of the new facility expected to start in 2028. Analysts say this timeline reflects the urgency with which technology companies are expanding their infrastructure footprint to keep pace with explosive growth in AI, machine learning and cloud computing workloads. The centre will be equipped to host either AI-specific tasks or broader cloud services, offering versatile capacity to its primary tenant.
Industry observers note that Amsterdam remains a key European hub for data centres due to its robust connectivity, favourable regulatory environment, and strategic access to regional markets. Recent data shows that demand for new digital infrastructure across Europe has surged, driven by cloud providers and AI-driven services. European data centre deals totaling tens of billions of dollars have closed or are pending this year, highlighting the sector’s attractiveness to institutional investors.
The planned Amsterdam campus will also include a dedicated substation to address one of the industry’s main challenges ensuring reliable power supply for energy-intensive operations. With a projected capacity of 78 megawatts, the development is poised to become one of the largest by power output in the city, further cementing Amsterdam’s role in Europe’s digital infrastructure ecosystem.
Pure Data Centres has been actively expanding its footprint across Europe and beyond. Earlier this year, the company entered into a joint venture to develop a major data centre in West London, illustrating its broader strategy to capture growing demand for hyperscale facilities. Backed by Oaktree’s financial strength, Pure DC continues to secure land, power agreements and planning approvals in high-demand markets.
As construction gets underway next year, the Amsterdam project is expected to play a key role in supporting next-generation computing infrastructure, offering scalable capacity for AI, cloud services, and enterprise digital platforms. The investment signals continued confidence from private capital in Europe’s potential as a major data centre hub in the era of artificial intelligence and cloud expansion.