Echelon announces new €3bn Milan data centre site
Echelon, in partnership with Starwood Capital Group affiliates, has acquired a 37-acre site near Milan for a €3 billion data centre, marking its expansion into Continental Europe.
MAIN POINTS
- Echelon partners with Starwood Capital Group affiliates for the acquisition.
- The site is 37 acres with grid power, located near Milan.
- This investment is part of Echelon's expansion into Continental Europe.
- The project involves a €3 billion investment.
TAKEAWAYS
- Echelon is focusing on expanding its data centre infrastructure in Europe.
- The Milan site acquisition is a significant step in Echelon's growth strategy.
- The partnership with Starwood Capital Group enhances Echelon's investment capabilities.
- This project follows a previous €2 billion joint venture announcement.