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Compass enters European colocation market

Compass enters European colocation market

Compass Datacenters is entering the European colocation and service provider market by building one of the largest data centres in Italy.

It has partnered with Hines, the global real estate firm, to acquire land in the Milan metro area, with the intention of building a 2.3m square foot data centre campus.

The Noviglio-located site aims to support over 48MW of IT load, with construction set to begin in 2023.

"Building our first European campus in Milan is a major step in Compass' global expansion strategy. It's geographic location, undersea cable connectivity, robust fibre availability and affordable power makes it an ideal location for hyperscalers," said AJ Byers, president and chief development officer at Compass Datacenters.

Mario Abbadessa, senior managing director and country head for Italy at Hines, added: "The Italian data centre market is becoming a leading destination for cloud providers with growing capacity requirements, with $2.6 billion projected to be invested by 2026. Novigilio is an ideal data centre campus location in Milan's supply-constrained market."