Pure Data Centres Group has secured $780 million in debt financing from investors backed by Oaktree Capital Management. The funds are earmarked for the build-out of data centers across Europe and the Middle East. The deal also includes an option to expand the financing by an additional $1.1 billion.

The financing is designed to support Pure Data Centres Group’s expansion strategy in key international markets. The developer is backed by Oaktree Capital Management, which provided the investors for this transaction. The funding round highlights continued institutional investment in physical infrastructure for AI workloads.

This substantial capital injection allows Pure Data Centres Group to accelerate its physical infrastructure projects in regions with high demand for AI computing power. The option for further expansion provides flexibility for future growth. This news signals that physical infrastructure remains a priority for institutional investors supporting the AI ecosystem.