'AI powerhouse': National Wealth Fund unlocks £300m investment in Scottish data centres

Stuart Stone
clock • 5 min read
Lanarkshire AI Innovation Park - Credit: National Wealth Fund
Image:

Lanarkshire AI Innovation Park - Credit: National Wealth Fund

Landmark funding to enable development of new data centres that promise to be powered by Scotland's expanding fleet of wind farms

A financial guarantee from the National Wealth Fund (NWF) has helped DataVita secure a debt facility of around £300m to expand and build two data centres in the North Lanarkshire AI Growth Zone, which...

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