Overview
- The announcement on October 11–12, 2026 confirmed that Amsterdam-based AI-cloud firm Nebius signed to buy a substantial share of compute and to rent AI chips from VOLT over a long term.
- VOLT revealed first-phase technical plans of two 100 MW IT modules (200 MW) with a full build of six modules (600 MW) and estimated the first-phase cost at €7 billion, split into €2.5 billion for buildings and €4.5 billion for chip infrastructure.
- VOLT says 2027 will focus on obtaining required permits, aims to begin construction in 2028 and targets an opening around 2030, but it still needs further commercial commitments and financing before work can start.
- To meet the datacenter's large, continuous power need, VOLT plans to site the facility on the Rotterdam Maasvlakte and link directly to offshore wind where it comes ashore to reduce long inland grid transfers.
- Securing Nebius is meant to de-risk financing and attract lenders, yet key risks remain in permitting, sourcing large volumes of chips and power, and the timing of future demand for AI compute which will shape the project's pace and local effects.