Davidson Kempner - Pioneer Point consortium to invest $ 4.2 billion in Portugal, creating one of Europe's largest green data centers.
Start Campus, a company owned by US-based Davidson Kempner Capital Management LP and UK-based Pioneer Point Partners, will invest up to $ 4.21 billion in Portugal, creating one of Europe's largest green Data Centers. The campus will consist of five 90MW sea-water cooled buildings on land adjacent to a recently decommissioned coal power plant in the city. The inauguration of the first building will take place at the end of 2023. "With this investment, Portugal asserts itself as a key player in the international data connectivity market, becoming the European hub for global