🇩🇪 German, 27 October 2026, data center expansion
Nebius Secures 250 Million Euros for French Data Center Project
Nebius invests 8 billion euros in a data center expansion in France, with a capacity of 240 megawatts.
The project will be located near Lille and will be part of Nebius’ expansion plans, which also include data centers in Missouri, Pennsylvania, and Finland.
The company has already secured a credit facility of 3.5 billion USD with Citi and has reported a significant increase in revenue, with a 454% rise in the second quarter of 2026.
The data center expansion is expected to increase Nebius’ capacity and visibility in the market, but also requires significant capital investment in land, energy, and computing power.