AtlasEdge has acquired two adjacent sites in Lisbon, which are set to deliver more than 20 MW of IT load once operational.
The sites are located in Carnaxide, within the Lisbon Metropolitan Area. Both facilities will be delivered by AgileEdge, AtlasEdge’s development strategy which makes use of a mix of modular construction, traditional on-site build, and smart supply chain management. The facilities will run on renewable power and will be capable of the reuse of 100% of waste heat.
“Our entry into the Portuguese market provides us with a key foothold in one of Europe’s emerging tech hubs and a market where demand for capacity is rapidly outstripping supply,” said Giuliano Di Vitantonio, CEO at AtlasEdge.
“Strategic investments like this are only made possible by leveraging our combined expertise and valued customer relationships, and that is precisely what we have done since we launched AtlasEdge. The progress we have made to date has been remarkable, and our push into the Lisbon market represents a continuation of our bold and agile approach.”
“This is a hugely encouraging development for our municipality and one which is a testament to our growing reputation as a trusted partner to international technology businesses,” added Isaltino Morais, Mayor of Oeiras.
“During our early conversations with the AtlasEdge team, we were impressed by their clear commitment towards being a good neighbour, and we look forward to collaborating with them on delivering an outstanding facility that benefits the wider community.”
AtlasEdge has said the sites mark the first stage in its strategic plan for Portugal, which will see the company invest more than €500 million in the coming years. AtlasEdge’s European footprint currently comprises facilities in 20 different metros across 13 countries.
