Private investors pile into data centres
There goes the neighbourhood
Private investment firm Matterhorn Capital is spending £250m to build two new data centres in the south-east of England.
Matterhorn Capital Data Centres, part of Matterhorn Capital, is spending the money in Bury Green, Hertfordshire and Chesham, Buckinghamshire.
The Chesham site has on-site power – which Matterhorn claims makes it unique in the UK. The site at Bury Green is still negotiating with power suppliers.
Together the two data centres will offer 180,000 square feet of space.
The company describes the area surrounding greater London, with access to the City, as Europe's largest data centre market.
Building new, large data centres within the City is difficult because of planning restrictions around the demand for power.