Real estate firm Merlin Properties and data center company Edged Energy this week announced the start of construction on the 180MW campus located in the Parque das Nações business district of Vila Franca de Xira. The campus will be constructed in phases with the first of five facilities expected to come online in 2027.
“Portugal has always been a key real estate market for Merlin, representing a significant part of our portfolio, with assets worth ca. €1.2 billion in offices, logistics, and shopping centers, to date,” said Merlin CEO Ismael Clemente. “The new asset class driving the growth of the company, data centers, will give Portugal significant protagonism. The country enjoys a superb location for sub-sea cable communications, robust electric grid, and an abundance of renewable energy, all in an investor-friendly environment, open to innovation and with very attractive economic fundamentals.”
“We are on a mission to create data centers for positive impact and are proud to be part of Portugal’s fast-growing digital economy. The region boasts unprecedented fiber connectivity, with 10 intercontinental submarine cables landing or stopping near Lisbon, and a deep commitment to renewable energy production and sustainable design,” said Edge founder Jakob Carnemark. “It is an approach we share and uniquely aligns with our efforts to combat climate change through innovation. Together, we are delivering future-proof solutions to meet the needs of the region’s thriving tech hub while conserving the area’s precious natural resources.”
