hscale is a pan-European data centre platform delivering sustainable and AI-ready infrastructure. Founded in 2025, it is a joint venture between Bain Capital and Aquila Group. With facilities across Europe, hscale serves hyperscalers and cloud services with high-performance, flexible infrastructure. Its designs feature ultra-high-density cooling, liquid cooling and heat reuse to support clients’ ESG goals.
OSL2 will be located next to hscale's OSL1 data center in Hønefoss, near Oslo.
Bain Capital entered the data center market in October 2024 by acquiring a facility that previously belonged to AQ-Compute.
BCN1 is hscale's first campus in Spain, situated in Parc de l’Alba, North Barcelona. It lies between the towns of Cerdanyola del Vallés and Sant Cugat del Vallés.
Hscale is planning to build its MXP1 data center in a strategic location in West Milan.
hscale is planning to build its MXP2 data center campus in a strategic location in North Milan.
October 21, 2026 Oslo
Magnora Data Center ASA has acquired an operating data center in Oslo from an international telecom operator, adding up to 2MW of IT load. The seller is not named, and financial terms were not disclosed. Magnora Data Center owns 75 percent of the facility, and Blix Group AS, the owner of...
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September 09, 2026 hscale
Bain Capital-backed Hscale has secured a contract worth more than $1 billion with an unnamed hyperscaler for capacity at its data centers in Spain. The facilities will support the client’s cloud and AI workloads, with the agreement potentially expanding to other Hscale data centers across EMEA....
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September 08, 2026 Milan
UK infrastructure developer Greenfield and Finsbury Infrastructure plan to invest up to €360 million ($418m) to develop a 36MW data center east of Milan, Italy. Greenfield has already secured 80MW of power capacity for the site, which will support AI, cloud, and enterprise workloads while...
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May 27, 2026 hscale
Hscale is expanding its presence in Milan after closing on a second large-scale data center campus in the city’s northwest area near Settimo.VBacked by Bain Capital, the company said the acquisition increases its committed capacity in the region to 250MW, with service launch dates targeted for...
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May 18, 2026 Milan
Norwegian renewables and data center developer Magnora ASA has secured land for a new 30 MW data center project in the Milan area, the company announced on Monday. The wholly owned project is Magnora's second in Italy and brings its data center development portfolio to 585 MW gross and 460 MW...
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March 17, 2026 Oslo
Another data center may be on the way in Norway. Østfold Energi is preparing sites in Sarpsborg and Våler in partnership with local municipalities, with Google likely to take the Våler location.“We have extensive experience with project development in collaboration with landowners, local...
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