French data center firm Data4 said it plans to invest up to €200 million ($237 million) in its first campus in Poland.
Les Echos reports the company has chosen Poland for its next expansion and aims to invest “more than €100 million ($118m)” within three years, and up to €200 million by 2025.
The campus will sit on four hectares of land and total 50MW of capacity when fully built out.
“The establishment of our company in Poland marks a new stage in our development. With our innovative and responsible data center campus expertise in environmental footprint, we are able to meet the acceleration challenges of the cloud computing market and hyperscalers,” said Data4 President Olivier Micheli.
Established in 2006 by Colony Capital (now DigitalBridge), the company was acquired by AXA Investment Managers for an undisclosed amount in 2018. The company has 21 data centers in France, Italy and Luxembourg, and Spain.
In April, the firm secured €620 million ($737.5m) in debt financing funded by Deutsche Bank, Société Générale, and SMBC. As well as the expansion into Poland, the company said at the time it planned to double the capacity of its Paris campus from 100MW to 200MW, expand its campuses in France (Marcoussis), Italy (Milan), and Spain (Madrid), and enter markets in Central Europe and Scandinavia.