Retelit, 350 million plan for three new datacentres between Milan and Rome
Two interventions near the Lombard capital and one in the Capital area planned in three years
3' min read
3' min read
A €350 million investment over three years to build three new data centres between Milan and Rome, with a possible fourth in Parma still under study.
Retelit, under the leadership of Jorge Álvarez - Chief Executive Officer and General Manager from July 2023 - is aiming straight at the heart of Italy's digital infrastructure, with an ambitious business plan and with the intention of projecting itself among the major players in the sector in our country.
The CEO - a telecommunications engineer and operating partner at Asterion Industrial Partners, who at Retelit also contributed to the integration of Irideos within the group - has no doubts: 'Italy can become the digital hub of the Mediterranean' which, after all, has always been a crossroads of routes, exchanges and connections. Now it will also be the hub of bits and data.
The group's plan (revenue of EUR 321.6 million at the end of 2024, operating profit before depreciation and amortisation of EUR 105 million and a loss of EUR 28 million) envisages three concrete projects that are already at an advanced design stage: a new data centre in Milan, the expansion of the Avalon campus - considered the family jewel - in the Corsico area, outside the Lombard capital, and a completely new site in the capital, the area of which is currently being defined. The objective? To double the installed capacity from the current 25 megawatts to 60 by 2027.
'The new Milan site will be available in the second half of 2026,' Álvarez explains, 'while Avalon 4, the expansion of the current campus, will follow a parallel timeline. In Rome, the new data centre should be ready between the end of 2026 and the beginning of 2027'. The project in Parma, on the other hand, is still in the evaluation phase.
