- The seven‑year senior secured bond is split into $73.4 million for the first building (LIS001) and $221 million for the second (LIS002), supporting a 30 MW campus in total.
- With backing from Banco Santander and ING Group, the funding blends data‑centre growth with Portugal’s renewable‑energy credentials.
What happened: AtlasEdge green financing drives Lisbon campus expansion
AtlasEdge, a joint venture between Liberty Global and DigitalBridge, announced a $294.8 million green financing package to support its Lisbon‑based campus in Carnaxide. The facility is structured over seven years via a senior secured Term Bond divided into two tranches: $73.4 million to finance LIS001 and $221 million to finance LIS002.
LIS001 has officially launched and its capacity is already contracted by “top‑tier customers”, with service scheduled to commence by the end of 2025. LIS002 is in the master‑planning phase and expected to be ready by 2028. A third site, LIS003, will occupy an acquired 10,000 m² plot adjacent to LIS002, contributing to the campus target of up to 30 MW across three phases.
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Why it’s important
The deal highlights Portugal’s growing significance in European digital infrastructure. With renewable‑energy generation among the strongest in Europe, the funding aligns AtlasEdge’s expansion with sustainability goals as well as operational scale‑up. Portugal being among the top global solar and wind power producers lends extra credibility to the green financing narrative.
From a strategic connectivity perspective, positioning a large‑scale campus in Lisbon enhances low‑latency access across Europe, Africa and the Americas. The campus provides a geostrategic gateway that diversifies established data‑centre markets and strengthens Lisbon’s profile as a regional digital hub. For AtlasEdge, the facility anchors its ambition to deliver more than 150 MW of capacity in Europe in the coming years, underpinning both colocation demand and hyperscale growth.
