Dell Joins Lanarkshire AI Park as £202 Million Public Guarantee Backs Data-Centre Expansion

Second data centre planned for Lanarkshire as regulations tightened

Tech company DataVita intend to expand their current site in Airdrie and construct a second centre in the area, previously designated as an AI growth zone.

‘We don’t like this AI data centre and we don’t want it - it is totally unacceptable’

Calls are growing louder to scrap plans for a “staggering” new AI data centre the size of 90 football pitches planned for rural Kent.

UK Government backs major new AI data centre in Scotland with £200m guarantee

THE UK Government has backed plans for a new AI data centre in Scotland with a £200 million loan guarantee ...

Dell joins Lanarkshire AI park as £202 million public guarantee backs data-centre expansion

A £202 million National Wealth Fund guarantee will cover 80% of a £252.5 million bank-lending tranche for DataVita’s Lanarkshire data-centre expansion. Dell Technologies is also moving its Scottish team to the site, although no Dell investment figure or new-job total has been disclosed. The bank lending forms most of a £300 million financing package announced on August 18. ING, ABN AMRO and Santander are providing the £252.5 million tranche. The…

Data Centre secures £300m for North Lanarkshire AI expansion amidst Scottish Government scrutiny

Scottish data centre operator DataVita has secured a substantial £300 million debt facility to finance the expansion of its existing facility and the construction of a second major artificial intelligence (AI) data centre in North Lanarkshire. This strategic investment is projected to create approximately 700 jobs within the region. The significant financing package includes a £202 million guarantee from the National Wealth Fund, underpinning a …