DJIA38904.04 307.06
S&P 5005204.34 57.13
NASDAQ16248.52 199.44
Russell 20002060.10 8.70
German DAX18163.94 -238.49
FTSE 1007911.16 -64.73
CAC 408061.31 -90.24
EuroStoxx 505013.35 -57.20
Nikkei 22538992.08 -781.06
Hang Seng16723.92 -1.18
Shanghai Comp3069.30 -5.66
KOSPI2714.21 -27.79
Bloomberg Comm IDX102.90 0.64
WTI Crude-fut91.17 0.01
Brent Crude-fut86.57 1.15
Natural Gas1.79 0.00
Gasoline-fut2.79 -0.01
Gold-fut2345.40 33.50
Silver-fut27.50 0.46
Platinum-fut940.60 -5.50
Palladium-fut1007.40 -23.60
Copper-fut423.60 1.85
Aluminum-spot1815.00 0.00
Coffee-fut212.50 5.75
Soybeans-fut1185.00 5.00
Wheat-fut567.25 11.00
Bitcoin67976.00 304.00
Ethereum USD3328.10 56.27
Litecoin98.71 0.69
Dogecoin0.18 0.00
EUR/USD1.0862 0.0007
USD/JPY151.72 -0.02
GBP/USD1.2678 0.0016
USD/CHF0.9044 -0.0014
USD IDX104.28 0.08
US 10-Yr TR4.4 0.091
GER 10-Yr TR2.406 0.007
UK 10-Yr TR4.064 -0.005
JAP 10-Yr TR0.771 -0.004
Fed Funds5.5 0
SOFR5.32 0

Sub Markets

Topics

Alternative Assets  + Real Assets  | 
Vantage Data Centers Expands Milan Presence with €350M Investment in Second Campus 

Vantage Data Centers Expands Milan Presence with €350M Investment in Second Campus 

Denver-based Vantage Data Centers has announced a €350 million (approximately $407 million) investment to expand its Italian operations with the development of a second data center campus in Milan, reflecting the city’s growing importance as a European digital hub. 

Located in Castelletto, less than 10 miles from central Milan, the MXP2 campus will comprise two state-of-the-art data centers delivering a combined 32 megawatts (MW) of critical IT capacity across approximately 108,000 square feet. The first phase of the project is scheduled to become operational in spring 2026. 

“Milan’s extensive fiber network and position along major terrestrial backbones provide low-latency connectivity to key European hubs, including Zurich, Frankfurt, and Munich,” said David Howson, President of Vantage Data Centers, EMEA. “Our continued investment in this region reflects our confidence in its strategic role within Europe’s evolving digital infrastructure ecosystem.” 

The new development builds on Vantage’s initial Milan investment through the MXP1 campus, which established the company’s foundation in the Italian market. Together, MXP1 and MXP2 will deliver a total of 96MW of IT capacity to support global technology clients expanding across Europe. 

Vantage plans to invest approximately €4 billion ($4.6 billion) over the next eight years in Italy, employing an estimated 4,000 workers during construction and creating around 250 permanent jobs upon completion. 

“Vantage appreciates the recognition from the Italian government to be part of the growth engine powering the next generation of technology in my country,” said Alfonso Romano, Vice President of Site Selection and Acquisition, EMEA at Vantage Data Centers. 

Pictured: MXP2 campus 

Connect

Inside The Story

MXP2 campus

About Joe Palmisano

Joe Palmisano is Editorial Director for Connect Money, where he brings nearly three decades experience of market insights as a financial journalist, analyst and senior portfolio manager for leading financial publications, advisory firms, and hedge funds. In his role as Editorial Director, Joe is responsible for the selection of content and creation of daily business news covering the financial markets, including Alternative Assets, Direct Investment and Financial Advisory services. Before joining Connect Money, Joe was a financial journalist for the Wall Street Journal, regularly publishing feature stories and trend pieces on the foreign exchange, global fixed income and equity markets. Joe parlayed his experience as a financial journalist into roles as a Senior Research Analyst and Portfolio Manager, writing daily and weekly market analysis and managing a FX and US equity portfolio. Joe was also a contributing writer for industry magazines and publications, including SFO Magazine and the CMT Association. Joe earned a B.S.B.A. in Finance from The American University. He holds the Chartered Market Technician (CMT) designation and is a member of the CFA Institute.