Krios Infrastructure Launches with €200M Backing to Develop Power-Ready Hyperscale Data Center Sites in Europe
May 15, 2026
Krios Infrastructure Launches with €200M Backing to Develop Power-Ready Hyperscale Data Center Sites in Europe
A new powered land company, Krios Infrastructure, has officially launched with a mission to secure and develop sites for hyperscale and AI-scale data centers across Europe. Backed by investment firm Sandbrook Capital, which has committed an initial €200 million ($232 million) to the venture, Krios aims to tackle one of the most pressing bottlenecks in European digital infrastructure: the scarcity of power-ready sites that also have the support of local communities.
The company plans to work closely with host communities and utility providers from the outset, coordinating permitting, land acquisition, power supply, and infrastructure development in parallel rather than through the traditional sequential process. This approach is designed to accelerate timelines and reduce risk for large-scale data center projects. Krios intends to build a portfolio of zoned and grid-secured sites across Europe capable of supporting the massive energy demands of hyperscale and AI computing campuses.
“Europe’s digital future depends not only on technology, but on infrastructure. The single greatest bottleneck today is not demand - it is the availability of reliable power at scale and under competitive timeframes,” said Philip Lewis, CEO of Krios Infrastructure. “We are thrilled to partner with the Krios team to help develop scalable, sustainable data center sites and bring many of our learnings from similar investments in the US to the European market.”
Based in Finland, Krios Infrastructure’s leadership includes former Microsoft executives with deep experience in data center site selection and energy markets. Co-founder Patrik Öhlund previously served as Microsoft’s director of energy markets in the EMEA region for five years. Sebastian Serra, managing director at Sandbrook Capital, emphasized the strategic value of the venture, stating, “We believe the Krios team’s deep power expertise and partnership approach to development position them powerfully to help unlock world-class data center sites that benefit all stakeholders. By aligning communities and utilities early in the development cycle, Krios Infrastructure aims to reduce delivery risk, shorten timelines, and increase certainty for large-scale AI and data center projects.”
The launch comes at a critical time for Europe’s data center industry, as surging demand from artificial intelligence and cloud computing continues to outpace the availability of grid capacity and suitable development sites. By focusing on community engagement and utility collaboration from the start, Krios is positioning itself to bridge the gap between power infrastructure and digital growth, potentially reshaping how large-scale data center campuses are developed in the region.
Source: datacenterdynamics
