The Irish capital could see construction of another large data center
Irish wholesale colocation specialist Dataplex is planning to build a second data center in Dublin, and is currently in the process of raising the necessary funds.
CEO of the company Eddie Kilbane told the Irish Independent that Dataplex would need a total of €100 million for this new project, likely consisting of 20 percent equity and 80 percent debt.
Room to grow
Dataplex designs and builds data centers for the wholesale market and individual customers, typically leasing multiple rack pods or dedicated suites, and supplying the associated power, connectivity and security.
The company’s first facility in Blanchardstown, Dublin, is codenamed ‘B10’ and comprises 5,100 square meters of white space across four data halls, with power densities of 6kW per rack as standard. It features indirect free air cooling and hosts more than 20 independent fiber carriers.
The second data center is currently progressing through the planning stage, and Dataplex is already making arrangements to acquire a suitable piece of land.
Kilbane was quick to point out that the company is funded by existing shareholders, and doesn’t have any outstanding debt on its books.
“The strength of that is the reason why we’re going to the market, to show them how we’ve developed the first phase and now we’re looking for possibly a mix of 20pc equity and 80pc debt to do the expansion,” he said.
Ireland has emerged as an attractive location for data centers thanks to cool climate, skilled workforce and low levels of corporate tax, which have already enticed companies like Microsoft, Amazon and Google.
Both Facebook and Apple are currently building hyperscale facilities in Ireland. Amazon has applied to build a data center in South Dublin on the site of a former biscuit factory - but the application was rejected last week on a technicality, and must be resubmitted.