PoweringAI Launched as New European Data Center Developer by Xynteo and Leon Capital

PoweringAI, a new pan-European data center development venture, has been launched by advisory firm Xynteo, which is backed by Leon Capital LLP. The company aims to redevelop brownfield industrial sites, starting with a 350MW pipeline of projects focused on integrating energy parks with data centers.

Published Mar 25, 2026

PoweringAI has launched as a new data center developer in Europe, focusing on transforming brownfield industrial sites. Backed by Leon Capital LLP and spun off from advisory firm Xynteo, PoweringAI is initiating its operations with a 350MW project pipeline.

AI-curated by Theia

The venture plans to convert legacy industrial and port assets into integrated developments that combine energy parks with data centers. The initiative aims to leverage Xynteo's industry relationships and expertise to create sustainable and commercially successful data center sites, aligning with Europe's energy transition goals.