Pure Knowledge Centres and Dune Vaults have introduced a three way partnership to develop hyperscale information centres in Saudi Arabia.
The plans will see the event of a number of 100+ MW capability campuses and marks a milestone for Pure DC’s enlargement within the area.
Dune Vaults’ will even search to diversify its portfolio by addressing the rising demand for end-to-end wholesale information centre companies in Saudi Arabia.
Pure DC has obtained funding backing of funds managed by Oaktree Capital Administration, L.P, whereas Dune Vaults advantages from being backed by distinguished Saudi traders.
Faisal AlRahbiny, Founder & MD of Dune Vaults, stated, “We’re devoted to establishing over 1,000 MW of sustainable information centre capability in Saudi Arabia, aligning with market demand estimates and supporting the Kingdom’s Imaginative and prescient 2030 digital transformation objectives. By our strategic partnership with Pure DC, we’re bringing superior information centre options to satisfy the wants of world hyperscalers whose presence within the Kingdom will speed up digitization and financial progress. As key contributors to the Kingdom’s Imaginative and prescient, we aren’t solely investing in digital infrastructure but in addition in creating native expertise and creating substantial financial alternatives, supporting a vibrant and future-ready Saudi Arabia.”
Invoice Davis, Chief Funding Officer of Pure DC, added, “We’re thrilled to embark on this strategic partnership with Dune Vaults, which is able to allow us to ship a number of the largest digital infrastructure options in Saudi Arabia. That is vital infrastructure that hyperscale clients demand and places Pure Knowledge Centres on the forefront of advancing the speedy progress of AI. Combining Dune Vaults’ growth experience and native relationships with Pure DC’s technical and operational know-how will present a extremely scalable answer in an thrilling, fast-growing market the place demand for information centres and digital infrastructure is so robust.”
