DAMAC Group Targets 10GW Data Center Capacity by 2027

DAMAC Group aims to expand its global data center portfolio capacity to 10GW by the end of 2027, an increase from its current planned capacity of 6GW. Founder and Chairman Hussain Sajwani announced the expansion at Bloomberg Invest Dubai 2026, attributing the move to accelerating global demand for artificial intelligence infrastructure and cloud computing.

The group currently manages a 6,000MW portfolio split between Europe (2,500MW), Asia (2,500MW), and the United States (1,000MW). To reach its new target, the company plans to acquire additional land outside the U.S. over the next 12 to 18 months, specifically targeting the United Kingdom and Australia. Expansion efforts will also continue in Thailand, Malaysia, the Philippines, Finland, Spain, Greece, Italy, and Türkiye.

In the United States, Sajwani reaffirmed a US$20 billion investment commitment, noting that US$9 billion has already been deployed. The group is prioritizing large-scale centers starting at 100MW and is implementing liquid-cooling technologies to support AI chips.