New site in Cambridgeshire to serve booming AI and cloud demand from the UK’s Golden Triangle.
[LONDON, GENEVA] SWI Group, the alternative investment platform recently created from Stoneweg Group and Icona Capital, announced today its plans to build its first data center in the UK and the rebranding of the holding group for its five hyper-scale data centers into AiOnX.
The UK site, located at Sutton-in-the-Isle, between Cambridge and Peterborough, will be scaled up to an impressive final capacity of 330MW.
The Cambridgeshire site will target the UK’s cluster of global technology operators located in the so-called “Golden Triangle” between Cambridge, Oxford and London and will be among the biggest data centres in the UK.
It joins four other Tier I hyper-scale data centers under the AiOnX banner in Ireland, Denmark, Spain, and Italy. The development plan of the five assets aims at creating a 2GW total capacity, for an investment of over EUR 20 billion, making AiOnX one of Europe’s largest data center owners.
SWI Group’s Stoneweg Europe Stapled Trust also announced earlier today the acquisition of a minority stake in AiOnX (formerly IDC) for €50m.
