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  • Equinix Ireland’s 36% Profit Fall Masks 9% Growth and a Grid Risk to AI-Era Expansion

    Equinix Ireland’s 36% Profit Fall Masks 9% Growth and a Grid Risk to AI-Era Expansion

    TL;DR · 30-second read

    The Short Version

    • Equinix runs giant buildings full of computers that firms like Microsoft, Google and Amazon use. Its Irish business saw profit before tax fall by more than a third last year, to 4.4 million euros.
    • That sounds alarming, but the drop mostly reflects a one-off payment the company received the year before. Sales actually grew 9%.
    • The real worry is electricity. The company’s own directors warn that power suppliers may not be able to give it more in the places it wants to grow.
    • In Ireland, where these computer buildings already lean heavily on the national grid, power may decide how fast they can expand.

    RTÉ reported that newly published accounts for Equinix (Ireland) Ltd, the Irish arm of the California-based data centre operator, show pre-tax profit fell 36% to €4.4m in 2025, even as revenue rose 9% from €75.3m to €82.4m. The decline was due mainly to €2.9m of dividend income booked in 2024 that did not recur. Operating profit fell 6% to €5.43m, gross margin rose from 23% to 25%, and EBITDA (earnings before interest, tax, depreciation and amortisation) came to €13.2m.

    During the year, Equinix bought BT Group’s Irish data centre business, including facilities in Citywest and Ballycoolin, Dublin, for €61.27m, a deal the Competition and Consumer Protection Commission cleared in August 2025. Headcount rose from 101 to 110, and the directors flagged the risk that electricity providers may not be able to supply further capacity where the company expects to expand.

    Executive Summary

    Equinix’s Irish subsidiary reported a sharp fall in pre-tax profit for 2025, to €4.4m from the prior year, on revenue that grew 9% to €82.4m. The directors attribute the fall mainly to a €2.9m dividend received in 2024 that was not repeated. The operating business tells a steadier story: gross margin improved to 25% on growth in recurring colocation and interconnection revenue, and operating profit slipped only 6% to €5.43m.

    That steadier story carries a cost signal. Staff costs rose by about a quarter, from €14.18m to €17.8m, while headcount grew 9%, absorbing roughly half the year’s €7.1m revenue gain and thinning the operating margin even as gross margin widened. The company also added capacity through its €61.27m purchase of BT’s Irish data centre business.

    The most consequential line in the accounts is not a number. The directors say they intend to keep increasing capacity, and they name electricity supply as the risk to doing so. In Dublin, where grid connections for new data centres have been restricted for years, that makes power availability, not customer demand, the variable to watch for Equinix, its customers and anyone pricing data centre capacity in Ireland.

    A Dividend Explains the Headline, Not the Business

    The 36% headline compares two years that are not like for like. In 2024, Equinix (Ireland) Ltd booked €2.9m of dividend income, money received rather than earned by running data centres, and that income did not recur in 2025. The directors identify it as the main reason for the fall. Measured on operations alone, the business held up: operating profit fell 6% to €5.43m, and after €1m of net interest the company reported pre-tax profit of €4.4m.

    The cash-generation picture is firmer still. EBITDA, a rough proxy for the cash the operations throw off before financing and accounting write-downs, was €13.2m. The gap between that figure and operating profit is mostly €7.7m of depreciation, the non-cash charge that spreads the cost of buildings, generators and cooling plant over their working lives. Heavy depreciation is normal in a capital-intensive asset class like data centres and says little about demand, which the directors describe as having “remained solid.”

    Wider Gross Margins, Thinner Operating Margins

    Gross margin rose from 23% to 25%, which the directors credit to growth in recurring interconnection and colocation revenue. Colocation, renting space, power and cooling so customers can house their own servers, brought in €67.25m, more than four-fifths of revenue. Interconnection, directly linking customers to networks, clouds and each other inside the same building, contributed €9.44m, about 11%. Managed infrastructure added €3.6m and non-recurring revenue €1.85m, so nearly all income is recurring. Interconnection is valued in the colocation model because each new link adds revenue while using little extra floor space or power.

    Below the gross line, costs grew faster than sales. Revenue rose by about €7.1m, while staff costs rose by €3.6m, roughly 25%, against a 9% rise in headcount, from 101 to 110 people (79 engineering and technical, 29 sales and administration, two directors). On the reported figures, operating margin fell from roughly 7.7% to about 6.6%. The accounts do not break down the staff cost increase; the year also included the integration of BT’s Irish data centre business, but the company has not linked the two.

    Power, Not Demand, Sets the Pace of Expansion

    The 9% revenue growth matters less than what it takes to repeat it. The directors say the company “intends to continue to increase its capacity,” and in the same accounts they name the risk that electricity providers may not be able to provide further capacity in locations where it expects to expand. In Dublin that is a live constraint: Ireland’s grid operator, EirGrid, has for several years restricted new data centre connections in the region, and the energy regulator has moved toward requiring new large energy users to bring their own generation or storage. For an operator that wants to grow, a grid connection, not a customer contract, is the scarce input.

    The link to the AI buildout runs through power density. Equinix markets its 282 data centres worldwide as “AI-ready,” and the Irish directors list rising “requirements for power and cooling” among the market’s growth drivers. Denser computing, of which AI training and inference are the leading example, draws more electricity per rack, so customer growth consumes grid capacity faster than it consumes floor space. The Irish directors do not attribute demand to AI specifically; they cite internet traffic, financial services computing, cloud and software-as-a-service. But whatever the workload, more compute per site pushes power to the front of the queue.

    Two consequences follow for the people who buy and finance this capacity. First, capacity that is already connected and powered becomes more valuable, which is consistent with the directors calling theirs “premium” and with the widening gross margin; buying BT’s operating Citywest and Ballycoolin facilities added capacity without waiting on a new connection, though the company has not framed the deal that way. Second, energy costs are moving toward customers: the directors say price increases are embedded in the budget and partly hedged, that “communication has started towards the customers,” and that a task force is looking for ways to cut primary energy use. Dublin tenants should expect power terms, not just space, to drive renewals.

    Background

    Equinix Inc., headquartered in California and listed under the ticker EQIX, owns and operates 282 data centres in 75 locations worldwide. Its model centres on colocation, renting secure, powered and cooled space for customers’ servers, and interconnection, which lets those customers link directly to networks, cloud platforms and one another inside the same facility. Its client list includes Oracle, Nvidia, Google Cloud, Microsoft, Dell Technologies and Amazon Web Services.

    Dublin is one of Europe’s main data centre hubs, home to large cloud and technology operations, and also one of its most power-constrained. Ireland’s grid operator has restricted new data centre connections in the Dublin region for several years, making existing grid capacity a strategic asset. Equinix’s Irish subsidiary runs five Dublin sites and, in 2025, added BT Group’s Irish data centre business, including facilities in Citywest and Ballycoolin.

    Sources

    Source: Pre-tax profits at data centre builder Equinix down 36% (RTÉ), a report on the 2025 accounts of Equinix (Ireland) Ltd.

  • Ireland’s 23% Data Center Share Shows a Grid Freeze Didn’t Cap AI-Era Load

    Ireland’s 23% Data Center Share Shows a Grid Freeze Didn’t Cap AI-Era Load

    TL;DR · 30-second read

    The Short Version

    In 2025, the giant computer buildings that run cloud services and artificial intelligence used almost a quarter of all the electricity in Ireland. That is nearly as much as every home in the country put together.

    Their electricity use grew five times faster than everyone else’s, even though Ireland stopped letting new ones plug into the grid around Dublin in 2021.

    The lesson is that blocking new hookups did not stop buildings that were already connected from using more. Ireland now makes new sites bring their own power plants.

    Data centers accounted for 23% of Ireland’s metered electricity consumption in 2025, according to Central Statistics Office (CSO) figures reported by Tom’s Hardware. Consumption rose to 7,663 gigawatt-hours (GWh) from 6,973 GWh in 2024, a 10% increase in one year, while electricity use across the rest of the economy grew about 2%. Homes, urban and rural combined, accounted for 28%.

    The CSO’s newly compiled quarterly series shows data center use rising from 291 GWh in the first quarter of 2015 to 1,991 GWh in the fourth quarter of 2025, an increase of 584%. In 2015, data centers accounted for about 5% of national consumption.

    Executive Summary

    Ireland has roughly five million people and around 89 data centers, most of them clustered around Dublin and operated by hyperscalers (the largest cloud and platform companies, which build facilities for their own use) such as Microsoft, AWS, Google and Meta. Those facilities now draw nearly as much power as the country’s entire housing stock.

    The figure matters because of what did not happen. In November 2021, Ireland’s energy regulator effectively froze new data center grid connections in the Greater Dublin Area. Consumption kept climbing through 2025 regardless. Grid operators elsewhere are weighing the same tool, and Ireland’s data shows its limits: a connection freeze controls which new projects join the grid, but it does not control how much power already-connected projects draw.

    Ireland has since replaced the freeze with a rule requiring new large data centers to supply their own on-site generation and source most of their power from new renewable projects. That makes the country the clearest live test of what happens when AI-era demand outgrows a national grid.

    Why a Connection Freeze Didn’t Freeze Consumption

    The Commission for Regulation of Utilities (CRU) direction of November 2021 told grid operator EirGrid to stop processing standard connection applications for new data centers in the Greater Dublin Area. Developers had two options: build their own generation or move to less constrained regions. That is a control on queue entry, meaning which new sites get a grid connection at all. It is not a control on how much electricity existing sites consume.

    The numbers show the gap between the two. Data center consumption rose by 690 GWh between 2024 and 2025. That is 10% growth, against 2% for everyone else, more than three years into the freeze. The most straightforward explanation is that facilities already connected, or already holding connection agreements, kept filling out their halls and drawing closer to the capacity they had secured before the freeze. A data center campus is rarely fully loaded on day one. Operators add server rooms and customers over years, and each step increases draw without any new application to EirGrid.

    The quarterly data suggest this momentum has not faded. Fourth-quarter 2025 consumption of 1,991 GWh works out to roughly 7,960 GWh a year, which is above the 7,663 GWh total for 2025. Ireland therefore entered 2026 running at a higher rate than its annual average. For grid planners, the lesson is that a freeze delays the next wave of load but still leaves the grid to absorb growth that was effectively approved years earlier.

    A Third of the Grid by 2026? The Arithmetic Says Not Yet

    In 2024, the International Energy Agency projected that data centers could reach a third of Irish electricity consumption by 2026. The 2025 figures put that projection in context. If 23% corresponds to 7,663 GWh, national consumption was roughly 33,000 GWh. If data center use grows another 10% in 2026 and the rest of the economy grows 2%, the data center share rises to roughly 24%, not 33%. Reaching a third in 2026 would require a sharp acceleration beyond anything in the recent series.

    That does not weaken the underlying trend. The share has more than quadrupled in a decade, from about 5% to 23%. But the trajectory looks like steady compounding rather than a sudden spike. The attribution to AI also needs care. Ireland’s early data center boom was built on cloud storage and social media, and generative AI is widely cited as the driver of recent growth. However, the CSO figures measure metered electricity for data centers as a category. They do not show how much of the increase came from AI training or inference compared with conventional cloud workloads.

    The New Rule: Bring Your Own Power Plant

    The freeze has been replaced by the CRU’s Large Energy Users (LEU) Connection Policy, introduced in late 2025. New data centers above 10 MVA (megavolt-amperes, a measure of electrical capacity; 10 MVA is a mid-sized facility) must provide 100% on-site, flexible generation to meet their demand. Within six years of operation, they must also source at least 80% of their annual electricity from new, unsubsidized renewable projects.

    In practice, this moves the grid constraint inside the fence line. A developer in Ireland now also has to plan, finance and operate a power station that can cover the whole load, and then contract new wind or solar output on top of it. That raises capital costs and lengthens project timelines. It is likely to favor operators with large balance sheets, such as the hyperscalers, over smaller colocation providers that lease space to tenants. It also increases the scarcity value of capacity that was connected under the old regime, because no new Dublin site can replicate those terms.

    What Other Grids Can Take From Ireland

    Ireland is an extreme case because a small population is hosting infrastructure built for global cloud platforms. The same pressures are appearing elsewhere. Tom’s Hardware cites surveys projecting 26% growth in global data center electricity use this year, and reports that local opposition led to more than 75 US project cancellations in the first quarter of 2026.

    For regulators considering a pause on new connections, Ireland’s data point is specific. A pause buys time to redesign connection rules, but consumption will keep rising for years as existing commitments fill up. The more durable lever appears to be the one Ireland reached next: tying new capacity to new generation, so that data center growth brings its own supply rather than drawing on the shared grid.

    Background

    Ireland became a European data center hub in the 2010s. Global cloud and social media companies built large campuses around Dublin, drawn by connectivity, a cool climate and an established base of technology firms. The Central Statistics Office has tracked the sector’s metered electricity use since 2015, when data centers accounted for about 5% of national demand.

    As that share grew, concerns about grid adequacy led the Commission for Regulation of Utilities to issue its November 2021 direction, which effectively paused new Dublin-area connections. In late 2025, the regulator replaced the pause with the Large Energy Users Connection Policy, which requires new large facilities to bring their own flexible generation and contract new renewable supply.

    Sources

    Source: Ireland’s data centers consumed nearly as much electricity as every home in the country combined in 2025 — server farms gulped 23% of national power despite years of grid restrictions — Tom’s Hardware, July 12, 2026, reporting Central Statistics Office figures on data center electricity consumption.

  • Ireland’s ‘Bring Your Own Power’ Message Signals a New Era for Data Centers

    Ireland’s ‘Bring Your Own Power’ Message Signals a New Era for Data Centers

    The Wall Street Journal reported on June 6, 2026 that Ireland — one of Europe’s most important data center hubs — is telling technology companies seeking new data center capacity that they should bring their own power generation rather than rely on the national grid. The report frames the stance as a response to years of mounting strain between the country’s booming digital infrastructure sector and an electricity system struggling to keep pace.

    Executive Summary

    According to the Journal’s reporting, Irish authorities are effectively shifting the burden of powering new data centers onto the companies that build them. Instead of queuing for grid connections that may not materialize for years, hyperscalers — the largest cloud and internet platforms, such as those operating massive server campuses — are being pointed toward on-site or self-procured generation as the price of admission.

    Why it matters: Ireland has long punched far above its weight in European data center capacity, and its grid has been under visible stress as a result. If the sovereign host of one of the continent’s densest cloud clusters is now telling its largest customers to power themselves, that is a signal moment for every grid-constrained market — from Dublin to Northern Virginia to Singapore. The economics, siting logic, and competitive dynamics of data center development all change when the utility is no longer assumed to show up.

    How Ireland Became the Test Case for Grid Saturation

    Ireland’s predicament is not new — it is the culmination of a decade-long collision between two national success stories. Dublin became a preferred European landing zone for American cloud providers, drawn by tax policy, connectivity, a skilled workforce, and EU market access. But data centers are extraordinarily power-dense tenants: official Irish statistics have shown them consuming roughly a fifth of the country’s metered electricity in recent years, a share without parallel among developed economies. The grid operator, EirGrid, had already moved years earlier to restrict new data center connections in the Dublin region, citing capacity and system-stability concerns.

    Seen against that backdrop, a “bring your own power” posture is less a sudden policy lurch than the logical end state of a queue that stopped moving. When a grid cannot absorb new large loads without threatening reliability for households and other industry, the choices narrow to three: build transmission and generation faster (slow and politically hard), ration connections (which Ireland has effectively done), or push the load to self-supply. Ireland now appears to be leaning into the third option.

    The Economics of Powering Yourself

    Self-generation transforms the data center cost model. A grid connection socializes enormous capital costs — power plants, transmission lines, system balancing — across all ratepayers. Bringing your own power means the developer finances generation capacity itself: on-site gas turbines or engines, batteries, contracted private-wire renewables, or some hybrid. That raises upfront capital expenditure substantially and adds fuel-supply, permitting, and emissions obligations that a simple utility contract never carried.

    For hyperscalers, this is expensive but survivable — the largest cloud companies have the balance sheets, the energy-procurement teams, and increasingly the appetite to act as their own utilities, as the global wave of data-center-adjacent generation deals demonstrates. For smaller colocation operators and enterprises, the calculus is harsher: self-generation at scale requires expertise and capital that mid-tier players often lack. The likely effect is consolidation of new Irish capacity in the hands of the very largest operators, and a widening gap between markets where power is a utility service and markets where it is a competitive weapon.

    Winners, Losers, and the Emissions Question

    The clearest near-term beneficiaries are the suppliers of behind-the-meter power: gas turbine and reciprocating-engine manufacturers, battery storage integrators, and developers of private-wire renewable projects, all of which face a customer newly compelled to buy. Grid ratepayers arguably benefit too, since new digital load stops competing with homes and factories for constrained supply. The losers are developers whose Irish pipelines were premised on eventual grid connections, and potentially Ireland’s own climate accounting — if “your own power” means on-site fossil generation, national emissions targets absorb the impact even as grid stress eases.

    That tension deserves scrutiny in both directions. Critics of data center growth will note that self-generation can amount to distributed gas plants by another name; industry advocates will counter that hyperscalers have been among the largest corporate buyers of renewable energy in Europe. Both claims can be true, and the honest answer depends on implementation details — fuel types, run hours, and whether storage and renewables are mandated alongside thermal capacity — that the reporting available at publication does not settle.

    A Template Other Grids Are Watching

    Ireland is not alone; it is simply early. Regulators and utilities in other saturated hubs — the Amsterdam region, Singapore, and parts of the United States where interconnection queues stretch years — have all experimented with pauses, caps, or conditions on data center growth. What makes the Irish stance notable is its directness: rather than saying “no,” it says “yes, if you power it yourself.” That formulation lets a small country keep courting digital investment without asking its citizens to underwrite the electricity. Expect other grid-constrained jurisdictions to study it closely, and expect site-selection teams to treat credible self-generation plans as a standard part of the pitch rather than an exotic fallback. In the AI era, the scarce input is no longer land or fiber — it is firm power, and whoever can bring their own will build first.

    Background

    Ireland became one of Europe’s foremost data center markets over the past two decades, with Dublin serving as a primary European hub for major American cloud and internet companies. That success came with an unusual burden: official Irish statistics have shown data centers consuming on the order of one-fifth of the country’s metered electricity — a share far higher than in most developed economies — prompting public debate over grid reliability, climate targets, and who should bear the cost of digital growth.

    Grid operator EirGrid responded years before this report by constraining new data center connections in the Dublin region, and national policy has since wrestled with how to reconcile continued digital investment with electricity system limits. The reported ‘bring your own power’ stance represents the sharpest articulation yet of where that debate has landed.

    Source: Bring Your Own Power, Ireland Tells Tech Titans Hungry for Data Centers — Wall Street Journal report (June 6, 2026) on Ireland directing data center developers toward self-supplied generation.

  • AiOnX Lands Hyperscale Tenant Outside Dublin: Ireland’s Power Test

    AiOnX Lands Hyperscale Tenant Outside Dublin: Ireland’s Power Test

    Data Center Dynamics reported on 12 May 2026 that developer AiOnX has secured a hyperscale tenant for its data centre campus outside Dublin. A “hyperscale” tenant is one of the very large cloud, platform or AI operators that lease capacity in blocks measured in tens of megawatts rather than in racks or cabinets.

    The report establishes the commercial fact — a large anchor customer has been signed for an Irish campus located outside the Dublin city area — but does not, in the material available to us, identify the tenant, the contracted capacity, the lease term, the power arrangement or the delivery schedule.

    Executive Summary

    The significance of this announcement is less about one lease and more about what it says about Ireland. Since 2022, the practical constraint on data centre growth in the Dublin region has not been land, capital or fibre; it has been electricity. The grid operator has held back new large connections in the Dublin area, and regulatory policy has moved toward requiring large energy users to arrive with their own generation or storage rather than simply adding load to a system already under strain.

    Against that backdrop, a signed hyperscale anchor tenant is a meaningful data point. Hyperscalers do not commit to a campus without visibility on when power will actually be available and on what terms. A signature implies that AiOnX has presented a credible answer to the energy question — but the report as published does not tell us what that answer is.

    For buyers, investors and policymakers, the useful posture is interested but unsatisfied. The deal is evidence that Irish demand persists and that at least one developer has found a route through the constraint. It is not yet evidence about capacity, cost, carbon profile or timeline, because none of those figures have been disclosed.

    An Anchor Tenant Is a Financing Event, Not Just a Lease

    In data centre development, the anchor tenant is the hinge on which everything else turns. A campus is an enormous fixed-cost bet: land, planning consent, grid or on-site generation, shells, cooling and electrical plant all have to be paid for years before revenue arrives. Lenders and infrastructure funds price that risk heavily until someone with an investment-grade balance sheet signs a long-dated lease. Once that signature exists, the project stops being speculative real estate and starts being a contracted cash-flow stream, which is a fundamentally cheaper thing to finance.

    That is why an announcement of this kind matters commercially even without disclosed numbers. It typically signals that the developer has moved past the hardest phase. It also usually implies that the campus design has been validated against a demanding customer’s technical requirements — power density per rack, cooling approach, redundancy, security and connectivity — because hyperscalers audit these things closely before committing.

    The caution is that “secured a tenant” covers a wide range of commitments in practice, from a full take-or-pay lease across an entire phase to a smaller first tranche with options on later capacity. Those are very different economic events, and the reporting available does not distinguish between them. Readers should treat the deal as directionally positive and quantitatively unknown.

    Ireland’s Constraint Has Moved From Land to Electrons

    Ireland spent two decades building one of Europe’s densest data centre clusters, drawing hyperscalers with an English-speaking workforce, EU membership, favourable corporate tax treatment, cool weather that helps with cooling, and dense subsea and terrestrial fibre. The result is that data centres now account for roughly a fifth of Ireland’s metered electricity consumption — a share without close parallel in Europe, and one that turned an economic development story into an energy-planning problem.

    The policy response has reshaped the market. New large grid connections in the Dublin region have been effectively paused, and regulatory policy has pushed new large energy users toward what the industry shorthands as “bring your own power”: arriving with on-site generation, storage or contracted supply so that the campus does not simply add unmatched demand to a constrained system. That shifts a large slice of cost and complexity from the utility onto the developer, and it changes who can compete. Building a campus is a real estate and construction skill; building a campus plus its power is an energy-development skill, with its own permitting, fuel, emissions and interconnection questions.

    A hyperscale tenant signing outside Dublin fits this pattern. Sites beyond the immediate Dublin constraint zone have been the natural next move for developers, offering more headroom on land and, potentially, on network access — though “outside Dublin” is not a synonym for “unconstrained,” since Ireland’s transmission system and generation adequacy are national issues, not purely metropolitan ones. Whether this campus solves the problem with on-site generation, batteries, a firm or non-firm grid connection, or some combination, is precisely the detail the announcement does not supply.

    Who Gains, Who Waits, and Whose Claims Deserve Testing

    The clearest beneficiaries of a bring-your-own-power regime are developers with genuine energy capability and access to patient capital, and the vendors that serve them: gas and hydrogen-ready generation suppliers, grid-scale battery integrators, switchgear and transformer manufacturers, and engineering firms that can carry both a build and an energy project. The clearest losers are speculative developers holding land in the expectation that a grid connection will eventually arrive. For enterprise buyers, the practical effect is that Irish capacity is likely to remain tight and priced accordingly, with lead times set by power procurement rather than by construction.

    The debate around Irish data centres is genuinely contested, and both sides make claims worth examining rather than accepting. Critics — including community groups, environmental organisations and some political parties — argue that the sector’s electricity share competes with housing and household demand and complicates Ireland’s emissions targets. Those are legitimate, evidence-based concerns rooted in published consumption statistics, and they should not be dismissed as reflexive opposition. The fair questions to put to them concern counterfactuals and attribution: how much of the projected system strain is data centres specifically versus general electrification of heat and transport, and does new on-site generation add net emissions or displace higher-carbon marginal supply?

    Industry claims deserve identical scrutiny. Developers routinely argue that large campuses fund grid reinforcement, add flexible or dispatchable capacity, and anchor high-value employment. Those claims are testable, and this announcement tests none of them, because it discloses no capacity, no energy source, no emissions profile and no employment figure. The honest reading is that a commercial milestone has been reported and the public-interest questions remain exactly where they were the day before.

    Background

    Ireland built one of Europe’s most concentrated data centre clusters over roughly two decades, drawing in the largest cloud and platform operators. The concentration eventually collided with the electricity system: data centres came to represent about a fifth of national metered electricity consumption, and from 2022 the grid operator effectively paused new large connections in the Dublin region while regulatory policy moved toward requiring new large energy users to bring their own generation or storage capacity.

    That shift redefined what it takes to develop in Ireland. Developers now compete on energy strategy as much as on land, construction and connectivity, and campuses outside the Dublin constraint zone have become a natural focus. AiOnX is the developer of the campus described in this report; the source material does not detail the company’s history, portfolio or backing, so those aspects remain outside what can be verified here.

    Source: AiOnX secures hyperscale tenant for Irish data center campus outside Dublin — Data Center Dynamics, 12 May 2026, reporting that developer AiOnX has signed a hyperscale anchor customer for its campus outside Dublin.