Bain Capital has acquired an 80% stake in private investment firm Aquila Group’s data centre subsidiary Aquila Compute, to accelerate plans to develop and operate sustainable data centres for hyperscale and AI customers across Europe.
Founded by Aquila Group in 2020, AQ Compute provides modular and AI-ready data centre and colocation services, primarily powered by clean energy. The company launched its first sustainable data centre near Oslo in 2024, with additional projects underway in Barcelona, Milan, and beyond. Bain Capital will now support this growth through its capital investment and experience in the data centre industry, including its successful development of Bridge Data Centres in Asia.
Together, Bain and Aquila are aiming to build a leading European data centre platform, utilising clean energy wherever feasible.