Pure Data Centres Secures $2.7 Billion in Financing and Expands London Campus
May 28, 2026
Pure Data Centres Secures $2.7 Billion in Financing and Expands London Campus
Pure Data Centres Group has secured $2.7 billion in financing to support its hyperscale data center expansion across Europe, while also announcing a major extension to its London campus. The funding package, which includes a $2.15 billion facility secured against the company’s Dublin and Amsterdam campuses, along with a $550 million increase in corporate-level financing, signals strong institutional confidence in Pure’s growth strategy. Lenders for the deal include SMBC, ABN AMRO, and Allianz.
The debt facility is tied to two key European assets. The Amsterdam campus is fully leased and currently under construction, while the Dublin facility includes a recently launched microgrid. The financing also enables continued expansion of the Dublin campus, located in the Ballycoolin area of the Irish capital. The site is designed to deliver up to 150MW of IT capacity, with 54MW already permitted. Pure said the increased corporate-level financing provides “enhanced flexibility to accelerate investment” in new opportunities across FLAPD infill sites and AI campuses across the region.
“Pure DC is rapidly positioning itself at the center of Europe and the Middle East’s AI transformation, leveraging one of the region’s fastest-growing FLAPD hyperscale platforms to deliver the next generation of AI inferencing infrastructure,” said Gary Wojtaszek, executive chairman and interim CEO of Pure DC. “The support we’re seeing from leading global financial institutions reflects that. This funding demonstrates strong market confidence in Pure’s leadership team and strategy.”
Founded in 2013 and owned by investment firm Oaktree Capital Management, Pure has developments spanning London, the UAE, Saudi Arabia, Spain, Indonesia, Ireland, the Netherlands, and Finland. The company reports having more than 500MW of capacity either live or under development. This week, Pure also announced it has appointed Glencar to deliver the final build phase of its Brent Cross (LON01) campus in North London. The project will extend LON01 by an additional 23,185 square meters (249,561 square feet), bringing the total campus capacity to 90MW.
The new facility, known as LON01 (B2), is scheduled for completion in the second quarter of 2029. The existing 20MW B1 facility is already operational and fully leased. The B2 building will feature a large living wall spanning approximately 7,400 square meters (79,652 square feet) of the building facade, incorporating more than 750,000 individual plants. “The data center industry faces a critical challenge: building the digital infrastructure the world needs in a way that also takes care of local communities and the environment,” said Wojtaszek. “We are delighted to be working with Glencar, whose approach to delivery and sustainability aligns with our ambitions for this project.”
Eddie McGillycuddy, CEO at Glencar, added: “This appointment reflects our growing track record in delivering complex data center projects within live environments. The Brent Cross campus presents a technically demanding program, requiring careful coordination across multiple phases, and we look forward to working closely with Pure DC and the wider team to deliver this next stage of the development.”
Source: datacenterdynamics
