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Data Center News > Blog > Colocation > DTCP invests in data centre developer Atlantic Hub
Colocation

DTCP invests in data centre developer Atlantic Hub

Last updated: October 5, 2024 1:50 pm
Published October 5, 2024
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DTCP invests in data centre developer Atlantic Hub
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DTCP, a number one specialist funding administration agency centered on digital transformation, is the first investor in Atlantic Hub, a Northern Eire- and Republic of Eire-based knowledge centre developer hereforward. This funding enhances DTCP’s present European digital infrastructure portfolio.

Established in 2018, Atlantic Hub is a large-scale campus knowledge centre developer with campuses throughout Eire. The Firm lately obtained planning permission for its Derry campus, which represents one the most important infrastructure developments within the area, and Northern Eire’s first massive scale knowledge centre campus. Moreover, work can be progressing on a ‘twin’ campus website in County Donegal, Eire. Atlantic Hub plans to develop state-of-the-art amenities, which is able to present as much as 170MW of information centre capability to satisfy rising demand for high-performance cloud computing and AI for hyperscalers. The proximity of those twin campuses will foster important cross-border collaboration and develop the area’s capability as a brand new knowledge centre hub, attracting high-tech business gamers to the North West.

The area is right for knowledge centre developments resulting from its cool local weather, strategic geographical location, and proximity to renewable vitality sources – notably from on- and off-shore wind. Moreover, Northern Eire’s distinctive place, straddling each the UK and EU authorized jurisdictions, makes it extremely enticing to purchasers looking for to serve each markets. The area’s wealthy tech expertise pool, bolstered by an already thriving business, additional enhances its attraction.

The funding into Atlantic Hub expands and enhances DTCP’s present funding portfolio. The funding presents a gorgeous and distinctive alternative to considerably advance the digital infrastructure within the area and assist efforts to drive digital transformation all through the European continent.

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Zahl Limbuwala, Working Accomplice at DTCP, mentioned: “We’re excited to be concerned within the onward growth of Atlantic Hub because it presents a novel alternative to develop the area into a brand new knowledge centre hub. There’s a enormous development alternative for Atlantic Hub to profit from the unprecedented tailwinds within the knowledge middle business. With Atlantic Hub’s Derry campus having been granted planning permission, we at the moment are wanting ahead to working with Brian and his group, leveraging our expertise and community to develop a state-of-the-art knowledge centre campus.”

Brian Doherty, Managing Director & CEO of Atlantic Hub, commented: “We’re excited to have gained DTCP as our new investor and to develop Atlantic Hub collectively into a number one knowledge centre operator. DTCP’s robust observe document throughout the information centre business permits Atlantic Hub to capitalize on the sizable alternative that lies forward. We stay up for working alongside DTCP as they assist Atlantic Hub to succeed in its full potential within the rising knowledge centre market.”

Markus Wiedenmann, CEO of Artwork Make investments commented: “It’s great to be working once more with our companions at DTCP who’ve in depth knowledge middle growth expertise and distinctive market sector information. I’m additionally happy to see that Brian whom we backed from an early stage has reached this necessary milestone within the growth of Atlantic Hub”

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TAGGED: Atlantic, centre, data, developer, DTCP, Hub, invests
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