NEOM signs deal with DataVolt to build $5bn data centre in Oxagon
The facility will be powered entirely by renewable energy and will employ advanced cooling technologies
DataVolt and NEOM have signed a US $5bn agreement to develop a 1.5GW data center campus in NEOM’s Oxagon industrial area. The first 300MW phase of the site will reportedly go live in 2028. Oxagon is a reimagined industrial city in NEOM that promises to embed robotics, automation and artificial intelligence in its infrastructure, all powered by sustainable energy.
It promises to integrate a wide range of computing densities and energy-efficient architecture to address the challenges posed by traditional data centres, which place high demand on local electricity grids. Oxagon will lease the land to DataVolt for the development of the facility and provide infrastructure support to the data centre operator.
Rajit Nanda, CEO of DataVolt said, “The Kingdom’s strategic location, coupled with its abundant green energy resources, aligns perfectly with DataVolt’s mission in providing state-of-the-art sustainable data centres. This project marks a significant milestone in advancing the Kingdom’s leadership as a digital powerhouse in the region.”
Vishal Wanchoo, CEO of Oxagon added, “The agreement with DataVolt highlights the potential impact of the sustainable infrastructure Oxagon offers its tenants, and sets the foundations for the first green-AI workload to come on-stream in KSA along with the necessary computing power for regional and global impact.”
Their ambition is for the facility to be powered entirely by renewable energy, as well as employing advanced cooling technologies. Its location on the Red Sea coast means that it will also have access to sub-sea cables providing fibre connectivity.
