MCDC, the data center division of Matterhorn Capital, announced a £250m land and construction investment in two data center sites in South East England.
The sites are in Bury Green, Hertfordshire, and Chesham, Buckinghamshire. Both sites are within 30 miles of central London.
They will house over 180,000 sq ft of data hall space.
The Chesham site (pictured) has onsite power while MCDC is negotiating with a provider for power provision to the Bury site.
A company statement said MCDC’s investment in the sites at Bury Green and Chesham represent the first major UK spend on new data center construction for the wholesale market in the London area during the last eighteen months.
John Lennon of MCDC said: “Matterhorn’s financial strength and property experience, combined with our sector knowledge, bolster our position as a strong UK player in the data centre market. Our investment in premium site locations, with state of the art resources, enables us to offer superior facilities in secure locations to a growing market.”
Matterhorn Capital is a privately owned business established in 2004.
The investments at Bury Green and Chesham, made through its data centre arm, MCDC, see the company moving beyond the leisure, retail, commercial, and residential development into the data center market.