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Italy’s Poste Targets €600 Million Fund Amid AI Data Center Boom

Bloomberg Technology Thursday 12 November 2026, 09:30 UTC By Daniele Lepido 1 min read
Key Points

Italy’s Poste Targets €600 Million Fund Amid AI Data Center Boom Poste Italiane SpA launched a co-investment fund targeting €600 million ($665 million) for projects including data centers, expanding its digital infrastructure ambitions following the takeover of Telecom Italia SpA. The fund, approved by the Bank of Italy in September, will help finance new data centers alongside other investors, according to the company’s earnings presentation on Thursday. An initial project involves...

Italy’s Poste Targets €600 Million Fund Amid AI Data Center Boom Poste Italiane SpA launched a co-investment fund targeting €600 million ($665 million) for projects including data centers, expanding its digital infrastructure ambitions following the takeover of Telecom Italia SpA. The fund, approved by the Bank of Italy in September, will help finance new data centers alongside other investors, according to the company’s earnings presentation on Thursday. An initial project involves facilities with a combined capacity of 20 megawatts.
Italy (LOCATION) Poste Targets €600 Million Fund (ORG) AI Data Center Boom Italy’s (ORG) AI Data Center Boom Poste Italiane SpA (ORG) Telecom Italia (ORG) the Bank of Italy (ORG)
Originally published by Bloomberg Technology Read original →

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