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Mega Data Center of the largest in Europe will be in Portugal

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Today, the largest private investment since AutoEuropa was announced, in a project that will invest up to 3.5 billion euros. Sines 4.0 is a Mega Data Center that can grow to 450 MW and will be located in Sines.

The investment is made by Start Campus, a company owned by Davidson Kempner Capital Management LP, in the United States, and Pioneer Point Partners, in the United Kingdom, and obviously the project has been developed in partnership with AICEP (Agency for the Investment and Foreign Trade of Portugal), the Municipality of Sines and the Portuguese Government, with the presence of the Prime Minister, António Costa.

“Sines 4.0 will be one of the largest ‘campus’ of data centers [‘Hyperscaler Data Centre’] Europe and responds to the growing demand from large international technology companies providing streaming, social media, ecommerce, gaming, online education, videoconferencing and other data processing and storage services. business applications ”, the company points out in a statement.

“Sines 4.0 is a large-scale, 100 percent green data center that responds to the needs of the global market. The availability of cheap local green energy combined with the geographical proximity of three other continents with fast connections using new high-speed submarine cables, make Sines an ideal location that will boost Portugal for international data traffic and the data center stage, ”he said. Sam Abboud, a partner founder of Pioneer Point Partners.

Sines is the European landing point for the 5,900 km EllaLink submarine cable that crosses the Atlantic to Brazil. With four pairs of fibers and a capacity of 72 Tbit / s, which should start operating in the second quarter of 2021.

The campus will consist of five 90 MW buildings cooled by sea water on a site adjacent to a recently decommissioned coal-fired power plant in the city. The inauguration of the first building is scheduled for the end of 2023.

Mega Data Center of the largest in Europe will be

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