Eni, Khazna Data Centers to Form JV to Develop 500 MW AI Data Center Campus in Italy

MT Newswires Live

2025/07/11

Eni (E) said Friday it signed an agreement with UAE-based Khazna Data Centers to form a joint venture to develop a 500-megawatt AI data center campus in Ferrera Erbognone, Lombardy.

The project is part of a wider partnership between Italy and UAE aimed at installing up to 1 gigawatt of IT capacity in Italy.

Financial terms were not disclosed.

Price: 33.27, Change: -0.19, Percent Change: -0.57

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