Pure DC secures $780 million facility for Europe and Middle East build-out

Pure Data Centres Group said it has secured a $780 million platform growth facility to support its data-center development pipeline and future site acquisitions across Europe and the Middle East.

The corporate-level financing gives Pure DC capital for its regional build-out, but the company has not identified the sites, capacity or construction timetable it will fund. The company’s announcement also did not disclose the facility’s maturity, pricing, security package, covenants or amount drawn at closing.

A separate $1.1 billion accordion could expand the financing framework to about $1.9 billion if additional capital is committed. The reviewed records do not establish that the accordion is currently committed or drawn, so it is distinct from the $780 million facility already secured.

Citigroup Global Markets, First Abu Dhabi Bank and Infranity joined ABN AMRO, Allianz Global Investors and SMBC in the six-member lender group. Pure DC’s transaction counsel said the corporate facility complements financing arranged for individual campuses.

Chief Financial Officer Mike Schwartz said the facility strengthens Pure DC’s corporate funding base and provides a framework for raising additional capital. Pure DC said its announced financing over the preceding 12 months exceeds $6.2 billion; that figure is a company total rather than an independently audited measure in the reviewed records.

Pure DC said its strategy is to secure sites with available power before developing capacity for AI training, inference and hyperscale cloud workloads. The reviewed materials do not independently establish future site delivery, capacity additions or demand outcomes.