Pure Data Centres Group has secured new financing.

The company announced it has secured $2.7 billion in financing, including a $2.15bn facility secured against Pure DC’s Dublin and Amsterdam campuses, alongside an increase in its corporate-level financing to $550 million.

Lenders included SMBC, ABN AMRO, and Allianz.

The Amsterdam facility is fully leased, with construction currently underway. Pure’s Dublin facility includes a recently launched microgrid.

The debt facility also enables continued expansion of the Dublin campus. Located in the Ballycoolin area of the Irish capital, the site is designed to deliver up to 150MW of IT capacity, with 54MW currently permitted.

Pure said the increased corporate-level financing facility provides “enhanced flexibility to accelerate investment” in new opportunities across FLAPD infill sites and AI campuses across the region.

“Pure DC is rapidly positioning itself at the center of Europe and the Middle East’s AI transformation, leveraging one of the region’s fastest-growing FLAPD hyperscale platforms to deliver the next generation of AI inferencing infrastructure. The support we’re seeing from leading global financial institutions reflects that. This funding demonstrates strong market confidence in Pure’s leadership team and strategy,” said Gary Wojtaszek, executive chairman & interim CEO, Pure DC.

Pure expands in London

Founded in 2013, Pure is owned by investment firm Oaktree Capital Management. The company has developments in London (Brent Cross, Park Royal), the UAE (Abu Dhabi), Saudi Arabia (Riyadh), Spain (Madrid), Indonesia (Jakarta), Ireland (Dublin), the Netherlands (Amsterdam), and Finland (Seinäjoki). On its website, Pure says it has more than 500MW of capacity live or under development.

This week also saw Pure announce it has appointed Glencar to deliver the final build phase of its Brent Cross (LON01) campus in North London.

The project will extend LON01 by a further 23,185 sqm (249,561 sq ft) and bring the total campus capacity to 90MW.

Completion of the new facility, known as LON01 (B2), is scheduled for Q2 2029. The existing 20MW B1 facility is already operational and leased.

LON01 (B2) will be home to a large living wall, spanning approximately 7,400 sqm (79,652 sq ft) of the building facade and incorporating more than 750,000 individual plants.

Pure’s interim CEO Wojtaszek said: “The data center industry faces a critical challenge: building the digital infrastructure the world needs in a way that also takes care of local communities and the environment. We are delighted to be working with Glencar, whose approach to delivery and sustainability aligns with our ambitions for this project.”

Eddie McGillycuddy, CEO at Glencar, added: “This appointment reflects our growing track record in delivering complex data center projects within live environments. The Brent Cross campus presents a technically demanding program, requiring careful coordination across multiple phases, and we look forward to working closely with Pure DC and the wider team to deliver this next stage of the development.”