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Press Release -- April 24th, 2024
Source: atlasedge

AtlasEdge enters Portuguese market with Lisbon acquisitions

London, United Kingdom – Tuesday, 23rd April 2024

AtlasEdge, a leading pan-European Edge data centre provider, today announces its entry into the Portuguese market with the acquisition of two adjacent sites in Lisbon that will deliver more than 20MW of IT load. These sites mark the first stage in a strategic plan for Portugal by AtlasEdge, which will see the company invest more than €500 million in the coming years.

The sites are located in Carnaxide, within the Lisbon Metropolitan Area, a highly strategic destination in close proximity to Carcavelos, the landing point for multiple subsea cables. This location enables customers to leverage the subsea gateway to Africa, Latin America, and the rest of Europe, making Lisbon a vital international connectivity hub. The city’s thriving tech scene, which is home to a number of Europe’s fastest-growing start-ups, has created a rapidly growing addressable market with strong demand for data centre capacity.

AtlasEdge’s Lisbon sites will be 100% renewable powered and have zero water wastage. As both sites come online and onboard customers over the next three years, they will significantly expand the options in a market experiencing significant growth.

Both sites will be delivered by AgileEdge, a proprietary strategy AtlasEdge has developed that uses a mix of modular construction, traditional onsite build, and smart supply chain management to enable rapid site development at consistent quality. All AgileEdge facilities are designed to flexibly support high density deployments – in any room, and any rack – a first for the industry. This approach also minimises construction waste and ensures AtlasEdge data centres are as energy efficient as possible. Once fully operational, both sites will run on renewable power and will be able to recover and reuse 100% of waste heat.

Today’s announcement further consolidates AtlasEdge’s sizeable European footprint, which now spans 20 different metros across 13 countries. In 2024 alone, the company has announced new sites in Hamburg and Leeds, and a key acquisition in Vienna.

“Our entry into the Portuguese market provides us with a key foothold in one of Europe’s emerging tech hubs and a market where demand for capacity is rapidly outstripping supply. Strategic investments like this are only made possible by leveraging our combined expertise and valued customer relationships, and that is precisely what we have done since we launched AtlasEdge. The progress we have made to date has been remarkable, and our push into the Lisbon market represents a continuation of our bold and agile approach.”

Giuliano Di Vitantonio, CEO, AtlasEdge

“This is a hugely encouraging development for our municipality and one which is a testament to our growing reputation as a trusted partner to international technology businesses. During our early conversations with the AtlasEdge team, we were impressed by their clear commitment towards being a good neighbour, and we look forward to collaborating with them on delivering an outstanding facility that benefits the wider community.”

Isaltino Morais, Mayor of Oeiras

“We are delighted to welcome AtlasEdge to Lisbon, one of Europe’s fastest-growing tech ecosystems. This is a major, long-term commitment from the company and emblematic of Portugal’s new attractiveness for Cable Landing Stations and Data Centres investments by ambitious, globally minded businesses.”

Filipe Santos Costa, President of the Portuguese Trade & Investment Agency (AICEP)

About AtlasEdge
AtlasEdge is a leading European Edge data centre platform with operations across 12 countries. Its distributed data centre portfolio allows customers to plan and shape their technology and network infrastructure to meet the growing requirements for lower latency, higher performance and localized solutions. Established in 2021, AtlasEdge is backed by a joint investment from Liberty Global, a world leader in converged broadband, video and mobile communications and an active investor in cutting-edge infrastructure, content, and technology ventures, and DigitalBridge, a leading global investment firm dedicated to digital infrastructure. Our portfolio includes data centres in growing markets across Europe, including Amsterdam, Barcelona, Berlin, Brussels, Copenhagen, Hamburg, London, Leeds, Madrid, Manchester, Milan, Paris, Vienna, and Zurich. In February 2023, AtlasEdge successfully acquired Datacenter One, in Germany, which includes state-of-the-art data centres in Stuttgart, Dusseldorf, Hamburg, and Leverkusen. The company has recently begun the rollout of its propriety AgileEdge strategy, a unique approach to data centre construction which uses cutting-edge design and smart supply chain management to enable rapid site development at consistent quality across a range of sizes.

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AtlasEdge Corporate Communications:

Duncan White |  | +44 7970 974832

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