Krios Infrastructure, a new powered land company, has launched and is targeting sites for hyperscale data centers in Europe.

Backed by investment firm Sandbrook Capital, which will put an initial €200 million ($232m) into the company, Krios said it “aims to reduce one of the most significant constraints on the expansion of Europe’s digital infrastructure: the availability of power‑ready sites supported by local communities.”

The company intends to form “close partnerships” with host communities and utilities, coordinating permitting, landowners, power suppliers, and infrastructure developers in parallel rather than sequentially.

It hopes to build a portfolio of zoned and grid-secured sites across Europe capable of supporting hyperscale and AI-scale campuses.

"Europe’s digital future depends not only on technology, but on infrastructure. The single greatest bottleneck today is not demand - it is the availability of reliable power at scale and under competitive timeframes," said Philip Lewis, CEO of Krios Infrastructure. "We are thrilled to partner with the Krios team to help develop scalable, sustainable data center sites and bring many of our learnings from similar investments in the US to the European market.”

Based in Finland, Krios said its team includes former Microsoft executives who have worked on finding data center sites in the US. Co-founder Patrik Öhlund was Microsoft’s director of energy markets in the EMEA region for five years.

Sebastian Serra, managing director at Sandbrook Capital, said: “We believe the Krios team’s deep power expertise and partnership approach to development position them powerfully to help unlock world-class data center sites that benefit all stakeholders.

“By aligning communities and utilities early in the development cycle, KRIOS Infrastructure aims to reduce delivery risk, shorten timelines, and increase certainty for large-scale AI and data center projects.