Eni Teams Up with Khazna for Data Center Campus in Italy
Deal News | Jul 11, 2025 | Zawya
Italian energy giant Eni and Dubai-based data center provider Khazna have formed a preliminary agreement to develop a large-scale data center campus in northern Italy, near Milan. The project, featuring up to 500 megawatts of capacity, is underpinned by a strategic partnership between Italy and the United Arab Emirates to enhance digital infrastructure. The data center will utilize 'blue power,' sourced from an Eni gas plant integrating carbon capture technology for reduced emissions. Investment in Italian data centers is forecasted to double to €10 billion by 2025-2026, driven by the strategic spending plans of major tech companies.
Sectors
- Digital Infrastructure
- Energy
Geography
- Italy – The location of the data center campus development project.
- United Arab Emirates – The location of Khazna, the Dubai-based company partnering in the project.
Industry
- Digital Infrastructure – The article discusses the development of a data center, which is key to boosting digital infrastructure.
- Energy – Eni, an energy company, is involved in supplying sustainable power to the data center via carbon capture technology.
Financials
- 10 billion euros ($11.7 billion) – Estimated investment in Italy's data centers for the 2025-2026 period.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Eni | Developer and Supplier | Company | An Italian energy company, involved in developing and supplying green energy for the data center campus. |
| Khazna | Developer and Partner | Company | A Dubai-based data center provider partnering with Eni to develop the data center campus. |