{"slug": "microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout", "title": "Microsoft Signs Capacity Deal at Pure DC's 550MW Finland Campus, $8.55B Buildout Planned", "summary": "Microsoft has signed a capacity deal at Pure DC's planned 550MW data center campus in Seinäjoki, Finland, with a total projected investment of €7.5 billion ($8.55 billion). Phase 1 delivers 110MW of AI-focused capacity, fully leased to Microsoft, using direct-to-chip liquid cooling and waste heat recovery. The project is one of Finland's largest inward investments and will create about 3,000 construction jobs over a decade.", "body_md": "# Microsoft Signs Capacity Deal at Pure DC's 550MW Finland Campus, $8.55B Buildout Planned\n\n- Phase 1 delivers 110MW at a cost of over €1.5 billion ($1.7B), with the substation already constructed and planning permissions secured\n[[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/) - Full buildout targets 550MW+ across 370 acres in Seinäjoki, Finland, with total investment projected at €7.5 billion ($8.55B)\n[[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/) - Pure DC secured $2.7 billion in financing in May 2026, led by SMBC, Allianz Global Investors, and ABN AMRO, largely against its Dublin and Amsterdam campuses\n[[4]](https://tech.eu/2026/05/27/london-data-centre-firm-pure-dc-secures-27bn-for-european-and-middle-east-expansion/) - The campus will use 40MW repeatable AI-ready modules with direct-to-chip liquid cooling and waste heat recovery for district heating\n[[2]](https://www.datacenterdynamics.com/en/news/pure-dc-buys-land-in-sein%C3%A4joki-finland-for-data-center-campus/) - Construction is expected to span a decade and generate approximately 3,000 construction jobs in the South Ostrobothnia region\n[[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/)\n\nPure Data Centres, the Oaktree Capital-backed London-headquartered developer, has signed Microsoft to lease capacity at its planned 550MW data center campus in Seinäjoki, Finland. The project, designated SJK01, carries a total projected investment of €7.5 billion ($8.55 billion), making it one of Finland's largest-ever inward investment projects and the largest by a UK company in the country [1].\n\nPhase 1 will deliver 110MW of AI-focused capacity at a cost of over €1.5 billion ($1.7 billion). The substation for the first data hall has already been constructed and is operational, and all planning permissions and power requirements for the initial phase have been secured. Phase 1 is already fully leased [[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/) [2].\n\nThe deal deepens an existing relationship between Pure DC and Microsoft. The developer's 78MW Amsterdam campus — a three-tower, €1 billion-plus facility — is already fully leased to Microsoft [4]. Pure DC also operates data center campuses in Dublin and Abu Dhabi\n\n.\n\n[[4]](https://tech.eu/2026/05/27/london-data-centre-firm-pure-dc-secures-27bn-for-european-and-middle-east-expansion/)## The Site\n\nPure DC purchased a 22.3-hectare (55-acre) plot of land in the Kivenneva data center area of Seinäjoki on April 15, 2026, for €3.86 million ($4.55 million). Three data center buildings are planned for the site, which sits in the South Ostrobothnia region of western central Finland [2].\n\nThe full campus is designed to scale to 550MW+ across 370 acres, using repeatable 40MW AI-ready modules. Direct-to-chip liquid cooling is specified for high-density AI workloads. Waste heat from the facility will be repurposed into the local district heating network [[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/) [2].\n\nConstruction across all phases is expected to span approximately a decade, generating around 3,000 construction jobs in the region [1].\n\n## Pure DC's Financing and Expansion\n\nPure DC secured $2.7 billion in financing in May 2026, adding SMBC, Allianz Global Investors, and ABN AMRO as new lenders. A substantial portion of the facility was secured against the company's Dublin and Amsterdam campuses [4].\n\nCEO Gary Wojtaszek said the company had 'materially strengthened and diversified our financing platform' over the preceding year [4]. The company claims over 1GW of capacity either live or under development globally\n\n.\n\n[[1]](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/)Oaktree Capital, Pure DC's backer, has separately been reported as seeking a minority investor for the platform, reflecting the capital-intensive nature of the hyperscale development pipeline [5].\n\n## Microsoft's Nordic Expansion\n\nThe Finland deal sits within a broader Microsoft push into the Nordics. In June 2026, Microsoft signed a preliminary agreement to acquire approximately 190 hectares of land in Vaasa and Mustasaari, also on Finland's west coast, for a separate data center development [3].\n\nMicrosoft's appetite for Nordic capacity reflects the region's advantages for large-scale AI infrastructure: competitive energy costs, cold climate suitable for cooling, robust grid infrastructure, and proximity to subsea cable routes. Finland's grid is also relatively clean, drawing heavily on nuclear and renewables [3].\n\nBritish Ambassador to Finland Laura Davies described the Pure DC project as the 'largest yet by a UK company in Finland,' underscoring the diplomatic significance of cross-border data center investment in Europe's AI buildout [1].\n\n## Market Context\n\nMicrosoft shares traded at $385.60 on July 14, down 1.4% on the day, with a market capitalization of approximately $2.86 trillion. The stock has traded between $349.20 and $555.45 over the past 52 weeks [6].\n\nThe deal adds to a wave of hyperscaler capacity commitments across Europe, where operators are racing to secure sites, power, and permits ahead of AI inference and training demand. Pure DC's model — purchasing land, building to suit, and leasing to hyperscalers — positions it as one of several European developers competing for Microsoft, Google, and Amazon contracts alongside established players like Equinix and Digital Realty [4].\n\n## Companies mentioned\n\n## Further sources\n\n[[1] Data Center Dynamics — Microsoft signs on for capacity at Pure DC data center i… ↗](https://www.datacenterdynamics.com/en/news/microsoft-signs-on-for-capacity-at-pure-dc-data-center-in-finland-report/)\n\n[[2] Data Center Dynamics — Pure DC buys land in Seinäjoki, Finland, for data center… ↗](https://www.datacenterdynamics.com/en/news/pure-dc-buys-land-in-sein%C3%A4joki-finland-for-data-center-campus/)\n\n[[3] Microsoft — Preliminary agreement on acquisition of land in Vaasa and Mustasaar… ↗](https://news.microsoft.com/source/emea/2026/06/microsoft-signed-preliminary-agreement-on-acquisition-of-approximately-190-hectares-of-land-in-vaasa-and-mustasaari-on-the-west-coast-of-finland/)\n\n[[4] Tech.eu — London data centre firm Pure DC secures $2.7BN for European and Middl… ↗](https://tech.eu/2026/05/27/london-data-centre-firm-pure-dc-secures-27bn-for-european-and-middle-east-expansion/)\n\n[[5] Data Center Dynamics — Oaktree seeks minority investor for Pure DC ↗](https://www.datacenterdynamics.com/en/news/oaktree-seeks-minority-investor-for-pure-dc-report/)\n\n[[6] FMP — Microsoft Corporation (MSFT) real-time quote, accessed July 14, 2026 ↗](https://financialmodelingprep.com)\n\nThe stories that matter, in one email. Free — unsubscribe anytime.", "url": "https://wpnews.pro/news/microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout", "canonical_source": "https://mlq.ai/news/microsoft-signs-capacity-deal-at-pure-dcs-550mw-finland-campus-855b-buildout-planned/", "published_at": "2026-07-14 16:47:56.740804+00:00", "updated_at": "2026-07-14 16:47:58.783557+00:00", "lang": "en", "topics": ["ai-infrastructure", "artificial-intelligence"], "entities": ["Microsoft", "Pure Data Centres", "Oaktree Capital", "Seinäjoki", "SMBC", "Allianz Global Investors", "ABN AMRO", "Gary Wojtaszek"], "alternates": {"html": "https://wpnews.pro/news/microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout", "markdown": "https://wpnews.pro/news/microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout.md", "text": "https://wpnews.pro/news/microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout.txt", "jsonld": "https://wpnews.pro/news/microsoft-signs-capacity-deal-at-pure-dc-s-550mw-finland-campus-8-55b-buildout.jsonld"}}