Apto, a provider of world-class hyperscale data centres across Europe, has partnered with Dromeus Capital Group, an alternative investment manager with deep expertise in real estate development in Greece. Together, they will develop and operate a €300 million state-of-the-art hyperscale data centre facility in Spata, Athens, Greece.
The project has already received pre-approval for the data centre, and High Voltage (HV) power has been secured, ensuring a speed-to-market advantage for Apto’s global customers. The site, located in an industrial zone just 15 minutes from Athens International Airport, will be designed in line with Apto’s sustainable reference design, with the ability to accommodate either cloud or Artificial Intelligence (AI) workloads.
Apto is looking to support hyperscale customers expanding into the Greek market. Greece’s strategic location — connecting Europe with Africa, the Middle East and Asia — positions it as an attractive hub for cloud computing. The public cloud market in Greece is growing rapidly, driven by the increased adoption of digital technologies and a vibrant tech start-up ecosystem. In addition to the direct economic benefits, the development is expected to create construction jobs during the building phase, followed by long-term, high-skill employment opportunities in data centre operations, maintenance and support services.
Greece’s access to abundant renewable energy sources — such as solar and wind power — enables data centres to operate sustainably, providing a reliable and eco-friendly energy supply for cloud and AI operations. This combination of renewable energy availability and advanced digital infrastructure makes Greece an ideal location for data centre deployments, while minimizing their environmental footprint.
Russell Poole, CEO of Apto, commented: “We are delighted to partner with Dromeus to develop a hyperscale data centre in Athens. With many hyperscalers already announcing their presence in the market, we believe Greece is well positioned to support the growth of the cloud and AI sector in Europe, bringing significant investment and job opportunities.”
Achilles Risvas, CEO & Chief Investment Officer of Dromeus Capital Group, added: “At Dromeus, we have a proven track-record in large-scale real estate and infrastructure developments, and we are excited to bring this experience to the fast-evolving data centre space. Partnering with Apto allows us to leverage our local expertise and contribute to the establishment of a world-class hyperscale facility in Greece. We are confident that this collaboration will accelerate Greece’s role as a key player in the digital economy, creating value not only for our partners but also for the broader economy through job creation and technological advancement.”
About Dromeus Capital Group
Dromeus Capital Group is an alternative investment management firm with a thematic, value-oriented investment philosophy. Established in 2008, the firm concentrates on a select number of high-conviction thematic ideas with asymmetrical risk-reward characteristics. These themes encompass a broad spectrum, including distressed investments, real estate, digital infrastructure, and geographic-specific or sector-specific strategies.
