DTCP Invests in Atlantic Hub to Boost Northern Ireland’s Data Centre Industry

DTCP, a leading investment management firm specialising in digital transformation, has announced a significant investment in Atlantic Hub, a data centre developer operating in Northern Ireland and the Republic of Ireland.

This marks a major expansion of DTCP’s (Digital Transformation Capital Partners) involvement in the growing data centre sector, with Atlantic Hub poised to launch a large-scale data centre campus in Derry-Londonderry.

Atlantic Hub recently secured planning permission to develop a multi-building data centre at Foyle Port Innovation Park in Derry-Londonderry. This will be Northern Ireland’s first large-scale data centre campus and one of the most substantial infrastructure projects in the region.

Work is also underway on a “twin” data centre campus across the border in County Donegal, Ireland. The company aims to develop advanced facilities capable of providing up to 170MW of data centre capacity, meeting the growing demand for high-performance cloud computing and artificial intelligence services from hyperscale companies.

These twin campuses are strategically positioned to encourage cross-border collaboration, establishing the region as an emerging hub for data centres and attracting high-tech industry players to the North West.

The location is highly favourable for such developments due to its cool climate, geographical advantages, and close proximity to renewable energy sources, including both onshore and offshore wind power. Furthermore, Northern Ireland’s position straddling both the UK and EU legal jurisdictions makes it particularly attractive to clients seeking to serve both markets. The area’s strong tech talent pool and existing industry infrastructure further enhance its appeal as a new data centre destination.

DTCP’s investment in Atlantic Hub underscores its commitment to expanding its European digital infrastructure portfolio and capitalising on the rapid growth of the data centre industry.

Zahl Limbuwala, Operating Partner at DTCP, said: “We are excited to be involved in the onward development of Atlantic Hub as it presents a unique opportunity to develop the region into a new data centre hub. There is a huge growth opportunity for Atlantic Hub to benefit from the unprecedented tailwinds in the data center industry. With Atlantic Hub’s Derry campus having been granted planning permission, we are now looking forward to working with Brian and his team, leveraging our experience and network to develop a state-of-the-art data centre campus.”

Brian Doherty, Managing Director & CEO of Atlantic Hub, commented: “We are excited to have gained DTCP as our new investor and to develop Atlantic Hub together into a leading data centre operator. DTCP’s strong track record across the data centre industry allows Atlantic Hub to capitalize on the sizable opportunity that lies ahead. We look forward to working alongside DTCP as they support Atlantic Hub to reach its full potential in the growing data centre market.”

Markus Wiedenmann, CEO of Art Invest commented: “It’s wonderful to be working again with our partners at DTCP who have extensive data center development experience and unique market sector knowledge. I’m also pleased to see that Brian whom we backed from an early stage has reached this important milestone in the development of Atlantic Hub”

DTCP is an investment management firm with $3 billion in assets under management and a team of over 50 professionals. The firm operates from offices in major global cities, including Hamburg, Frankfurt, Berlin, London, Luxembourg, San Francisco, and Tel Aviv.

DTCP Infra, a division of the company, focuses on investments in European digital infrastructure. Its portfolio includes key assets such as mobile towers, fibre networks, and data centres. Among its notable investments are Community Fibre Limited, Cellnex Netherlands, Open Dutch Fiber, and maincubes.

The name ‘DTCP’ is used by a range of companies involved in alternative investments, as well as those offering fund advisory, distribution, and related services. The specific legal entities responsible for products and services are detailed in the relevant contracts, marketing materials, or other product-specific documentation provided to clients.