Ampervia CapitalEvery entry states the answer first, then the figures, the sources and the date it was last checked. All of it as one file: answers.md · llms-full.txt
Powered land and sites 5
What is powered land, and why is it worth more?
Powered land is land that already has a grid connection, or a secured right to one, big enough for a data center. Because grid capacity, not land, is the scarce input, it is priced per megawatt: JLL puts prime powered land in Euro…
How much does powered land cost per MW in Europe?
Reported prices run from about €200,000 to €2.26 million per MW depending on market and how firm the power is. Prime FLAP-D hubs are at the top (€2.26 million per MW in 2026, per JLL); completed southern European deals have been f…
How much land does a data center need per MW?
Recent European deals imply roughly 550 to 770 m² of land per MW for multi-storey data centers: about 22,000 m² for 40 MW in Madrid, 17,650 m² for 25 MW near Madrid, and 23,000 m² for about 30 MW near Milan. Single-storey or campu…
How much does industrial land cost in Madrid for a data center?
Along the A-2 Henares corridor, reported industrial land prices in mid-2026 were about €500/m² in Coslada, €400–450 in San Fernando de Henares, about €300 in Torrejón de Ardoz and €225–250 in Alcalá de Henares. Prices have risen 2…
What is a ready-to-build (RTB) data center site?
A ready-to-build site has the three things an operator needs to start construction: land control, a grid connection offer or permit, and planning permits. It is usually the step where a site’s value jumps, because the slow, uncert…
Grid power and connections 5
Where is grid capacity available for data centers in Spain?
Capacity exists, but rarely where data centers queue. In the CNMC’s August 2026 data, 816 of 6,186 Spanish distribution nodes publish any demand capacity, and only 104 offer 20 MW or more. Madrid has 9 such nodes and no transmissi…
Can an old industrial site’s grid connection be reused for a data center?
It depends on the country. In Spain, no longer by default: since RDL 7/2026 a demand permit is tied to the activity code it was granted for, and changing activity counts as a new installation. The land is still useful, but the dat…
How do small data centers still get power in FLAP-D cities?
Mostly by staying under the size where scarce-capacity rules start, buying sites that already hold capacity, moving just outside the constrained grid, or bringing their own power. Thresholds are low: 3.5 MW in Frankfurt (1 MW in l…
How do data center developers secure power before buying land?
They tie up the land without buying it, usually with an option or a purchase conditional on the grid answer, then file the connection request. Only once capacity is confirmed do they complete the purchase. This keeps the early spe…
How much grid capacity have data centers requested in Lombardy?
44.96 GW as of 31 July 2026, or 47% of the 95.86 GW requested for data centers across Italy, according to Terna data reported by Key4biz. That compares with a national peak demand of about 58 GW in 2026, so most requests will neve…
Investing in data centers 2
How can investors invest in data centers in Europe?
Through four main routes, from most to least liquid: listed shares (REITs and operators), private funds, co-investment or club deals in a single project through an SPV, and direct ownership of land or buildings. Earlier stages, su…
How do data center SPVs and club deals work?
A sponsor forms a company (the SPV) to hold one site; a small group of investors buys shares or lends to it; the SPV buys or options the land, secures power and permits, then sells the site or brings in build capital. Each project…