Published by Global Banking & Finance Review®
Posted on October 15, 2025
2 min readLast updated: January 21, 2026
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Vantage Data Centers will invest €350 million in a new campus near Milan, enhancing digital infrastructure and connectivity in Europe.
MILAN (Reuters) -Vantage Data Centers will invest more than 350 million euros ($407 million) to build a second campus in Italy, the U.S.-based digital infrastructure provider said on Wednesday.
WHY IT'S IMPORTANT
The campus aims to support the growing demand for high-performance digital infrastructure in the country and its location close to Italy's financial capital Milan will allow connectivity with other key European digital hubs, including Zurich, Frankfurt and Munich, Vantage said in a statement.
BY THE NUMBERS
The new campus, which will add to a first one in Milan, will consist of two data centers with a combined 32 megawatts of IT capacity. The first phase is expected to be operational in the spring of 2026.
CONTEXT
The Italian government has recently recognised Vantage's multiple campus developments as nationally strategic infrastructure investments. Through this program, Vantage will invest approximately 4 billion euros and employ an estimated 4,000 workers over eight years during construction, while also creating approximately 250 permanent jobs.
($1 = 0.8594 euros)
(Writing by Francesca Landini; editing by Kirsten Donovan)
Digital infrastructure refers to the foundational technology systems that support digital services, including data centers, cloud computing, and network connectivity essential for modern communication and business operations.
Infrastructure financing involves funding the construction and maintenance of essential facilities and systems, such as transportation, utilities, and digital networks, often through public-private partnerships or investments.
Job creation refers to the process of generating new employment opportunities within an economy, often as a result of business expansion, investment in infrastructure, or economic growth initiatives.
Economic growth is the increase in the production of goods and services in an economy over time, typically measured by the rise in Gross Domestic Product (GDP).
Investment in business refers to the allocation of resources, typically capital, to generate returns or profit, often through the development of new projects, infrastructure, or technology.
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