VIRTUS secures £2.45bn for data centre expansion
Funding will support Saunderton campus and further UK development
1 October 2026
VIRTUS Data Centres has secured a £2.45bn financing package to support the continued development and expansion of its data centre portfolio across the UK and Europe.
The developer-operator said the committed funding provides a long-term framework for its next phase of growth, including development of its planned 78MW campus at Saunderton in Buckinghamshire and future investment in its LONDON19 facility in Slough. VIRTUS describes the transaction as one of the largest data centre bank financings completed in the UK to date.
The package includes a £1.2bn green capital expenditure facility available through term and revolving tranches, giving VIRTUS flexibility to fund its development programme as it expands capacity for cloud, artificial intelligence and enterprise workloads.
The financing has been provided by a consortium of 13 banks. BNP Paribas, Crédit Agricole CIB, Societe Generale and Standard Chartered Bank acted as coordinators, senior mandated lead arrangers and bookrunners.
Adam Eaton, chief executive of VIRTUS, said: “This financing marks an important milestone for VIRTUS. It reflects the strength and stability of our existing portfolio, our track record of delivery and the opportunities ahead.
“The capital flexibility it provides will enable us to continue investing in high-quality data centre infrastructure and support our ongoing growth across the European market.”
Among the developments set to benefit is VIRTUS's 78MW AI-ready Saunderton campus in Buckinghamshire. The funding framework will also support future investment at LONDON19 in Slough as well as the company's wider expansion programme in continental Europe.
VIRTUS develops and operates high-density data centres capable of supporting increasingly power-intensive digital infrastructure, including AI and cloud computing. The company forms part of Singapore-headquartered ST Telemedia Global Data Centres, while Macquarie Asset Management holds a significant minority stake through Macquarie European Infrastructure Fund 7.
The scale of the financing comes as developers continue to commit substantial capital to expanding UK data centre capacity. Access to development finance sits alongside land, power and grid connectivity as a critical requirement for bringing the next generation of large-scale facilities forward.
For VIRTUS, securing £2.45bn of committed funding provides greater certainty around that development pipeline and the capital required to deliver it. The £1.2bn green capex element in particular gives the company a dedicated source of funding for expansion as it progresses its UK and European programme.
Simmons & Simmons advised VIRTUS on the transaction, while Clifford Chance acted for the banking consortium.
