Jul 22, 2026 | Posted by Abdul-Rahman Oladimeji
Pure DC has secured €1.3 billion ($1.48bn) in senior debt financing for the first phase of its Seinäjoki AI data center campus in Finland. Phase I will see more than €1.5 billion invested in a 110MW facility, with the campus planned to scale to 550MW. The first phase is already fully leased, reportedly to Microsoft.
“This latest financing marks another important milestone for Pure DC as we accelerate delivery of one of Europe’s largest AI infrastructure campuses in Seinäjoki. The confidence shown by leading global lenders reflects the strength of our platform, the quality of our customer relationships and the scale of the opportunity ahead. With more than $4.2 billion secured over the past 12 months, we are building the financial capacity and operational momentum to support the next phase of AI and hyperscale growth across Europe and the Middle East,” said Gary Wojtaszek, executive chairman & interim CEO, Pure DC.
Pure DC said the financing reflects strong lender support for its expansion strategy and provides greater flexibility to accelerate future developments The latest deal brings the company's total financing to more than $4.2 billion, following a $2.7 billion funding package secured in May.
Founded in 2015 and backed by Oaktree Capital Management, Pure DC has more than 500MW of data center capacity in operation or development across Europe, Asia, and the Middle East. Its portfolio includes projects in London, Paris, Amsterdam, Dublin, Abu Dhabi, Madrid, Jakarta, and Seinäjoki.
