
The European Commission has given the green light to the joint venture between Eni and Khazna Data Center Holdings. The Italian energy company thus establishes a collaboration with the United Arab Emirates operator specialized in hyperscale facilities, very large structures designed for cloud services and artificial intelligence. For Brussels, the operation “would not raise competition concerns, given the limited combined market positions of the companies resulting from the proposed operation.”
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The agreement between the two companies dates back to July 2025 and the collaboration aims to reach up to one gigawatt of IT capacity (the maximum electrical power allocated to IT equipment) in Italy. An AI Data Center Campus with a total IT capacity of 500 MW is being designed in Ferrera Erbognone, Lombardy.
The facilities will be designed for high-performance computing and artificial intelligence workloads, which require large amounts of electrical power and high-capacity cooling systems. The project will be modular, so as to progressively increase the installed capacity. Khazna will bring experience in the design and management of large data centers, while Eni will provide the energy component.
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The electricity is expected to come from a new high-efficiency natural gas power plant that includes the possibility of capturing the CO2 produced and transferring it to the Ravenna storage hub.
At the end of July, Eni announced the opening of its supercomputing infrastructures to companies, startups, and research centers, making computational capacities, specialized skills, and advanced tools available to the market for the development of artificial intelligence solutions and digital innovation, emphasizing how this initiative fits into the context of the growing strategic importance of digital infrastructures, increasingly central to industrial competitiveness and data sovereignty.
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