Investment & Fund Management
The European Investment
Full Credential Description
The European Investment Fund (EIF) and CDP Equity have made a significant investment of 200 million in the PIMCO European Data Centre Opportunity Fund, aimed at expanding digital infrastructure across Europe. This initiative responds to the increasing demand for data centres, driven by factors such as heightened digitalization, regulatory requirements, and advancements in artificial intelligence. The EIF contributed 150 million, while CDP Equity added 50 million, with the investment supported by the InvestEU Programme, which guarantees a total of 86 million of their joint investment.
The PIMCO European Data Centre Opportunity Fund is focused on developing new data centres in high-growth European markets, including cities like Madrid, Milan, Berlin, Zurich, Warsaw, Marseille, and Athens. This investment is designed to enhance Europes digitalisation efforts and improve data sovereignty, addressing the supply-demand imbalance in the European data centre market. The Fund has already initiated investments in data centres located in Madrid, Athens, and Milan, with a commitment to sustainability and energy efficiency practices across its portfolio.
By supporting the development of these data centres, the EIF and CDP Equity aim to not only meet the immediate infrastructure needs but also to lay the groundwork for sustainable growth and innovation in the digital economy. This strategic investment aligns with CDP Group's 20252027 Strategic Plan, emphasizing the importance of strengthening digital infrastructure in Italy and across Europe, ultimately contributing to a more competitive and resilient digital economy.