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Data Center News > Blog > Investments > Two data center projects worth a combined EUR 500 mln planned in Bucharest
Investments

Two data center projects worth a combined EUR 500 mln planned in Bucharest

Last updated: February 15, 2024 8:01 am
Published February 15, 2024
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Two data center projects worth a combined EUR 500 mln planned in Bucharest
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Two new knowledge facilities with a cumulative energy of 40-45 MW are thought-about by builders to be inbuilt Romania, which means whole investments of virtually EUR 500 million, in response to knowledge from actual property consulting firm Knight Frank, quoted by Ziarul Financiar.

The potential for Romania is estimated at 100MW, or EUR 900 million of investments.

“In 2024, we’re already speaking about two funding initiatives in Romania, with a cumulative capability of 40-45 MW, and we’re ready for the city planning paperwork for them. We’re speaking about investments of over EUR 400 million in fit-out and whole investments of EUR 500 million in knowledge facilities. If we take a look at Romania’s inhabitants and take into consideration the enlargement of synthetic intelligence and the migration to the cloud, we’ve got the potential for 100 MW of information facilities in Romania, in comparison with the about 10 MW we at present have in Bucharest. We’re speaking about potential investments of EUR 900 million in whole,” stated Stephen Beard, world head of information facilities at Knight Frank.

iulian@romania-insider.com

(Photograph supply: Manoonpan Phantong/Dreamstime.com)

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See also  Data centre boom: Rs 47,000 crore investment by 2026 is fuelled by AI adoption, says report
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