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Poste Italiane sets up €600M fund for data centre projects
Nov 13, 2026
The state-controlled group's first co-investment will finance 20MW of new capacity with Noovle and TIM.
Poste Italiane has created a €600 million co-investment fund to help finance data centres and other digital infrastructure in Italy, DCD reports. The state-controlled postal group confirmed the fund, approved by the Bank of Italy in September, on its earnings call.
Its first pilot will finance 20MW of new data centre capacity, with equity shared with Noovle, TIM and a third-party investor and 80% of the cost financed with debt off the balance sheet. Poste Italiane completed its takeover of Telecom Italia in September, reaching an 85% stake.
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