What Echelon Data Centres does

Echelon Data Centres is a Dublin-headquartered, privately held data centre owner, developer, and operator that builds and operates large-scale hyperscale campuses across Europe. Founded in 2016 and majority-owned since February 2024 by Starwood Capital Group (50% stake for ~€850M), Echelon serves hyperscale cloud service providers, AI technology companies, and large enterprises requiring multi-hundred-MW capacity. The company operates or develops eight campuses across Ireland (DUB10 Clondalkin, DUB20 Arklow, DUB30 Wicklow), the United Kingdom (LCY10, LCY20 London), Spain (Madrid Sur via JV), and Italy (LIN10 Milan), with 1.2 GW of secured capacity and 400 MW operational or under development as of February 2026.

Echelon's core technology stack centres on a "Power-First" site selection strategy that prioritises grid-secure locations and works with utilities to deliver speed to market, combined with a standardised Modular Build approach for predictable delivery. The company's differentiated infrastructure model includes on-site energy centres capable of exporting power back to the national grid, and a co-located Green Energy Park concept integrating offshore wind, solar, battery storage, and grid-supporting assets. Notable technical components include high-density liquid-to-liquid cooling for AI workloads, a 220kV substation enabling up to 800MW of offshore wind at DUB20, and AI-ready facility designs.

Echelon generates revenue through long-term colocation and hosting contracts with hyperscale customers and large enterprises on a reserved-capacity basis. Pricing is negotiated individually with each hyperscale tenant rather than publicly disclosed, with multi-year contract terms tied to power consumption and capacity reservations. Its go-to-market is enterprise field sales engaging directly with major technology companies for build-to-suit and hyperscale campus deployments. The business has secured deep capital backing—€850M equity from Starwood Capital, €900M debt from Morgan Stanley and UOB, and a further €1.7bn Morgan Stanley loan in February 2026—and has entered strategic alliances including the Echelon Iberdrola Digital Infra JV in Spain (Europe's largest data centre-energy utility partnership) and a LIN10 partnership in Italy. As of March 2026, owners were conducting a strategic review exploring a potential partial or full sale at valuations reportedly up to €4.5bn.

Name

Echelon Data Centres

Legal name

Echelon Data Centres

Website

https://echelon-dc.com

Company type

Private

Founded year

2016

Operating status

Operating

Headcount range

251–500 employees

Short description

Echelon Data Centres is a Dublin-based data centre owner, developer, and operator that builds large-scale hyperscale and AI-ready campuses across Europe. Founded 2016, it serves cloud, hyperscale, and large enterprise customers through long-term colocation contracts.

Ownership category

akta.pro rank

Product category

Data Centre Infrastructure & Colocation Services

NAICS

Computer Facilities Management Services (541513), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Processing & Data Preparation (7374)

akta.pro primary industry

Hyperscale Data Center Campuses (Build-to-Suit) (HDABACAC)

akta.pro secondary industries

Enterprise Data Centers & On-Prem Facilities (Owned/Operated) (HDABACAG), Retail Colocation (Multi-Tenant Data Centers) (HDABACAA)

Keywords

• Hyperscale data centres
• Data centre colocation
• Enterprise data centre infrastructure
• AI-ready data centres
• Build-to-suit infrastructure

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Operations, Supply Chain, Personnel, Technology or R&D, Marketing or Sales

Revenue model

1. Data Centre Hosting and Colocation: Long-term colocation and hosting contracts with hyperscale customers, cloud service providers, and large enterprises. Revenue generated through reserved capacity and power consumption at purpose-built data centre campuses.

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels6 records

Core offering

Echelon Data Centres is an owner, developer, and operator of large-scale hyperscale data centre campuses across Europe. The company delivers purpose-built, power-secured colocation and hosting capacity to cloud service providers, hyperscalers, and large enterprises, with a portfolio spanning Ireland, the UK, Spain, and Italy. Its offering is differentiated by a power-first siting strategy, modular construction, grid-supporting onsite energy infrastructure, and renewable energy integration through the Green Energy Park model.

Product overview

Echelon Data Centres is a data centre owner, developer, and operator delivering resilient, scalable infrastructure for cloud service providers, hyperscalers, and large enterprises. The company offers a portfolio of purpose-built facilities across Europe, including hyperscale campuses, AI-ready facilities, and build-to-suit solutions. Their product portfolio includes specific named data centre campuses: DUB10, DUB20, and DUB30 in Ireland; LCY10 and LCY20 in London; the Madrid Sur campus in Spain; and the LIN10 campus in Milan, Italy. Echelon distinguishes its offering through a Power-First Strategy and modular build approach, combined with sustainability commitments including renewable energy integration and grid-supporting infrastructure. The company's Green Energy Park model represents a new infrastructure category that co-locates data centre capacity with renewable energy generation and storage.

Differentiator

Problem solved

Functional benefit

Products and services

• Hyperscale Campuses Purpose-built data centre environments designed around scalable requirements for cloud service providers, hyperscalers, and large enterprises across Europe.
• AI-Ready Facilities High-performance data centre infrastructure supporting future workloads and high-density liquid-to-liquid cooling for AI and advanced computing applications.
• Build-to-Suit Solutions Bespoke data centre solutions developed in partnership with customers to meet specific capacity, power, and design requirements.
• DUB10 Campus (Clondalkin) 90MW data centre facility in Clondalkin, west Dublin, offering colocation capacity to enterprise and hyperscale customers.
• DUB20 Campus (Arklow) 200MW data centre campus in County Wicklow, Ireland at the former Irish Fertilisers Industries site. First large-scale data centre to meet CRU 2021 criteria for grid connection, supported by an 800MW offshore wind substation development with SSE Renewables.
• DUB30 Campus (Wicklow) Large-scale data centre facility located at Kish Business Park, approximately 5km from DUB20 in County Wicklow, Ireland.
• LIN10 Campus (Milan) 37-acre data centre campus near Milan, Italy with 250MVA gross power capacity. One of Italy's largest data centre campuses, with €3bn investment committed.
• Madrid Sur Campus 160,000 sqm hyperscale data centre campus in Spain with 230MW grid connection, part of the Echelon Iberdrola Digital Infra joint venture.

Quantifiable outcome

• Every €1 invested yields €1.60 in wider economic activity through supply chains and employee spending
• +3 more outcomes

Named customers3 records

Segments3 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Four partnerships are on record, tiered supporting, flagship and core.

• Deutsche Bank AG and Eastdil Secured LLCsupportingOthers · 1 January 2026Enlisted to assist with strategic review of European data centre business in March 2026, evaluating options including potential partial or full sale of the business.
• IberdrolaflagshipStrategic or Co-development Partner · 22 January 2025Europe's largest utility and leading global renewable power producer. Joint venture 'Echelon Iberdrola Digital Infra' created with initial planned investments of more than €2 billion. Iberdrola owns 20% through its subsidiary CPD4Green. The JV is Europe's largest strategic alliance between a data centre developer and energy company. Iberdrola secures strategically located sites with grid access and ensures 24/7 clean energy supply. More than 700MW of power connections already secured in strategic areas.
• KPMGsupportingOthers · 1 January 2025Commissioned to carry out independent study on the economic impact of large-scale data centre infrastructure, focusing on DUB20 and DUB30 sites in Ireland.
• SSE RenewablescoreStrategic or Co-development Partner · 1 January 2024Joint development of a 220kV substation at DUB20 campus in Arklow to enable access for up to 800MW of renewable energy from Phase II of Arklow Bank Wind Park to the grid.

Scale indicators12 records

Recent moves10 records

Expansion highlights6 records

Broad incumbents

• Equinix: Equinix is the largest global colocation operator with major European IBX campuses in Dublin, London, Madrid, and Milan. Comparable as a European hyperscale/retail colocation incumbent, though Echelon focuses more on hyperscale build-to-suit versus Equinix's interconnection-led model.
• Digital Realty: Digital Realty is a global REIT with the largest hyperscale/colocation footprint, including significant presence in Ireland, London, Madrid, and Milan. Overlaps directly with Echelon across all four target countries but at vastly greater scale and capital markets depth.
• NTT Global Data Centers: NTT Global Data Centers operates one of the world's largest hyperscale/colocation footprints with major campuses in London, Amsterdam, Madrid, and emerging European markets. Comparable as a global incumbent serving hyperscale customers across Europe with renewable-energy emphasis.

Direct peers

• EdgeConneX: EdgeConneX is a hyperscale and edge data centre operator (EQT-backed) with significant European presence in Dublin, Amsterdam, and Madrid. Directly comparable on hyperscale build-to-suit for cloud and AI customers, and on PE-backed expansion strategy.
• CyrusOne: CyrusOne operates hyperscale and enterprise data centres across the US and Europe (e.g., Frankfurt, London) under KKR/GDS ownership. Directly comparable on hyperscale customer focus, build-to-suit campuses, and PE-driven European build-out.
• Vantage Data Centers: Vantage is a leading global hyperscale data centre operator owned by DigitalBridge/Stonepeak, with deep European expansion (e.g., Berlin, Warsaw, Dublin). Highly comparable to Echelon on hyperscale build-to-suit, large campus format, and PE-backed scale-up trajectory.
• Green Mountain: Green Mountain operates sustainable, hydropower-powered hyperscale data centres in Norway with expansion across the Nordics. Comparable as a European hyperscale operator with a strong renewable-energy/power-first narrative similar to Echelon's Green Energy Park positioning.
• Stack Infrastructure: Stack Infrastructure is a PE-backed hyperscale data centre developer (IPI Partners) with campuses across the Americas and EMEA. Comparable business model — purpose-built hyperscale campuses, build-to-suit for cloud and AI providers, and aggressive scaling under PE ownership.

Emerging players

• AQ Compute: AQ Compute (Aqura/Adelaar) is an emerging European hyperscale operator with campuses in Frankfurt and Hamburg. Comparable as a smaller, growth-stage European hyperscale developer competing in similar FLAP-D markets, though at smaller scale than Echelon.

Regional players

• Maincubes: Maincubes is a European data centre operator with campuses in Frankfurt, Amsterdam, and Berlin, owned by Aurelia Industries/Stonepeak. Comparable as a European-focused DC developer serving hyperscale and enterprise customers, though focused on DACH rather than Echelon's Ireland/UK/Spain/Italy footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/echelon-data-centres
• Xx.com/centresdata

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries2 records

Funding overview

Funding rounds3 records

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Echelon Data Centres