Nov 01, 2025 | Posted by Abdul-Rahman Oladimeji
European data center operator AtlasEdge this week announced it has secured €253 million ($294.8m) in green financing to support the development of its campus in Lisbon. The funds will be used to build out the first and second buildings at the company's new campus, delivering a 21.1MW capacity across the two facilities.
Tesh Durvasula, CEO of AtlasEdge, said: “Today’s launch, the addition of LIS002 and LIS003, and this green financing demonstrate the momentum we’re building across the Iberian Peninsula – a region with significant opportunity to scale. This is a sustainable, strategically located campus and a game-changer for customers operating in the Portuguese market.”
“ING’s appetite for the data center sector is stronger than ever, and we are proud to support AtlasEdge’s impressive expansion plans,” said Sicco Boomsma, managing director, EMEA at ING. “This innovative green financing provides the flexibility to scale the Lisbon campus, building on the successful launch of LIS001.”
"We are proud to be powering AtlasEdge's growth in the Iberian Peninsula,” added Robert Drew, managing director, head of TMT global banking, UK, at Banco Santander. “This transaction underlines our commitment to digital infrastructure and sustainable development in Portugal, strengthening Lisbon’s role as a regional connectivity hub.”
