Data Centers: Can Greece Become a Data Hub?

Data center utilization in Europe is expected to increase significantly in 2025, according to a CBRE study. Colocation data center usage is projected to rise by 22%, reaching 855MW.

Almost half of this increase is expected in London and Frankfurt. Despite difficulties in securing energy and land, demand remains high, leading to the construction of large facilities.

Greece, due to its geographical location, is considered a "data bridge" between Europe, the Middle East, and Africa. The data center market in Greece is expected to reach €2 billion by 2030.

Investments in Greece:

• Dromeus Capital & Apto: €300 million investment in Spata.
• Digital Realty: Operates HER1 (Heraklion, Crete), ATH1, ATH2, ATH3 (Athens), with ATH4 under construction and ATH5 in planning. Total investments exceed €400 million.
• Microsoft: €1 billion investment for a Data Center Region in Spata.
• Data4: €300 million investment in Attica, with the first data center in Paiania.
• Sparkle: Operates four data centers in Greece (three in Athens and one in Chania).
• Lancom: Offers cloud and data center services with three privately owned centers in Athens and Thessaloniki.
• PPC (ΔΕΗ) & EDGNEX: Data In Scale joint venture, €150 million investment in Spata. PPC also plans data centers in Western Macedonia.