Eni and Dubai’s Khazna Partner to Develop 500 MW Data Center Campus Near Milan
Italian energy company Eni and Dubai-based Khazna have signed a preliminary agreement to jointly build a 500-megawatt (MW) data center campus in northern Italy, near Milan. The project is part of a larger Italy-UAE collaboration aimed at enhancing digital infrastructure, with plans to install up to 1 gigawatt of IT capacity throughout Italy.
The campus will be powered by “blue power,” which means electricity generated from an Eni gas plant equipped with carbon capture technology to minimize CO2 emissions, according to Eni.
Investment in Italy’s data centers is expected to double to 10 billion euros ($11.7 billion) during 2025-2026, compared with the previous two years, as major technology companies ramp up their spending, researchers from Milan’s Polytechnic University estimated earlier this year.