The power capacity means the portfolio would command a share of over 14% of the current European operational power capacity. The portfolio would also be the largest data centre operator in the region.
Stoneweg Europe Business Trust, a part of Stoneweg Europe Stapled Trust (SERT), has made a EUR50 million ($74.4 million) investment in the Stoneweg Icona data-centre fund, SERT announced on June 24.
The data centre fund’s portfolio comprises interests in four early-stage data centre development sites in Ireland, Spain, Italy and Denmark spanning 225 hectares in total. The sites have a secured and/or reserved 1116MW of power with “very good visibility” for an additional 563MW, SERT adds.
