AtlasEdge, a London-based operator of data centres across Europe, has closed a seven-year €1.2 billion financing facility in what the company says is the largest funding package in its history.

The facility includes €738 million in committed debt financing and a further €500 million uncommitted accordion. It was backed by a syndicate of existing and new lenders and was oversubscribed, signalling continued lender appetite for digital infrastructure assets.

AtlasEdge said the proceeds will be used to accelerate its European expansion, add efficient and sustainable data centre capacity, and support its investment programme in high-growth markets including Germany, Austria and Iberia.

The deal comes as demand for AI, cloud and enterprise infrastructure continues to drive data centre investment across Europe, particularly in markets beyond the region’s largest hubs.