What is powered land, and why is it worth more?

By Razvan Toma · Founder & CEO, Ampervia · Last checked 2026-10-12 · Sources linked below

Quick answer

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 Europe’s core hubs at about €2.26 million per MW in 2026, up 82% from €1.24 million in 2021.

Key facts

Prime powered land in FLAP-D hubs: about €2.26 million per MW in 2026, up from €1.24 million in 2021 (+82%) — JLL.
Reported averages outside the core: about €978,000 per MW in secondary markets and €512,000 per MW in tertiary markets — Noah Intelligence, citing the same price series.
BSIC puts core markets at €800,000–€1.4 million per MW and sites where power arrives late at €200,000–€700,000 per MW.
A completed Madrid sale: 17,650 m² in Meco with a 25 MW power agreement sold to Pure DC for €11 million (about €440,000 per MW) — ActivumSG.

Reported powered-land prices in Europe, per MW
Market tier	Price per MW	Source
Prime FLAP-D hubs (2026)	€2.26 million	JLL
Prime FLAP-D hubs (2021)	€1.24 million	JLL
Secondary markets	€978,000	Noah Intelligence
Tertiary markets	€512,000	Noah Intelligence
Core markets (range)	€0.8–1.4 million	BSIC
Late-arriving power (range)	€0.2–0.7 million	BSIC
Meco, Madrid, 25 MW (completed sale, 2024)	≈€440,000	ActivumSG

Levels of power readiness

Near a substation: no right to capacity yet. Not powered land.
Capacity published at the node: a request can be filed, but nothing is reserved.
Access permit or connection offer: capacity reserved for the site. This is what buyers pay for.
Energised connection: power can be drawn now.

Why it is priced per MW

A data center’s revenue scales with the IT megawatts it can run, and grid queues in core markets run for years. A buyer therefore compares sites by what each megawatt of secured capacity costs, not by area.

Watch-outs

Ask for the permit or connection offer, not a description of nearby infrastructure.
Check whether the right can transfer to a new owner and a new activity. In Spain it may not: see RDL 7/2026.
Grid MW and IT MW differ. Check which one a price refers to.

Questions

Is land near a substation powered land?

No. Without a permit or connection offer, the land has no right to capacity. It is a candidate, priced as industrial land.

Can powered land lose its power?

Yes. Permits can lapse if milestones are missed, and in Spain a demand permit lapses if the connected site does not keep its declared activity for three years.

Sources

Terms on this page: Powered land · Access and connection permit · Connection offer · FLAP-D · IT load

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