Fifteen years after their birth, some are living their best life. Others, like European Data Hub, facing a debt of €56.8m in 2023, are throwing themselves wholeheartedly into a new life. Bought out by the independent infrastructure fund management company Arcus, which is betting on a 25% annual increase in the volume of data produced and on its buy-and-build strategy for aggregating regional data centres, this Luxembourg-based player based at the Cloche d’Or, in the impasse Drosbach, has completed its rebranding under the Portus Data Centers brand.
Born in Munich, this data centre operator has added two locations and two infrastructures, in 2023, Hamburg and Luxembourg, making a total of four data centres for the time being. At the end of 2023, the shareholders installed Dutchman Adriaan Oosthoek as CEO.
“Our current Edge platform gives us an excellent starting point because it offers instant capacity via first-class facilities in Hamburg, Munich and Luxembourg. To meet the growing demand from our customers, we want to increase the capacity of all our facilities. In the coming months, we also want to increase the number of sites where we operate,” he said almost a year ago on the occasion of his appointment.
Under Oosthoek’s leadership, his previous company operated 60 data centres in 13 European countries and 15 cities from 2016 to 2022. There, he held the positions of senior vice president of operations, construction and IT and managed the smooth transition process the company underwent when Digital Reality acquired it in 2020. Oosthoek, who also co-founded Teles, a European IT services provider, and its Dutch subsidiary, was executive vice president of data centre services at Colt Technology Services, managing director for the UK and Ireland at Telecity Group UK and managing director for the Netherlands at Redbus Interhouse.
The Luxembourg Tier IV facility, which runs on 100% green energy, is set to see an expansion to 3,500m2 of data centre space and an additional 4.8MW of computing power.
In 2024, Arcus closed its third fund, the Arcus European Infrastructure Fund 3, with €1.61bn, exceeding its initial target of €1.5bn.
Thsi article was originally published in .