Hscale MXP2 Milan Campus

Operated by hscale · Milan, Lombardia, IT3 srcupdated 5d ago

Hscale, a Bain Capital and Aquila Group joint venture, closed the acquisition of a second Milan hyperscale campus in late May 2026. Its own site specification lists MXP2 as a 120 MW campus of three 36 MW buildings with 180 MVA secured and a target ready-for-service date of Q3 2028, liquid-ready with a targeted PUE of 1.2. Combined MXP1 and MXP2 investment is reported at more than EUR 2bn for 250 MW. Sources disagree on the comune: trade press places both campuses at Settimo, northwest Milan, while the operator's own page lists MXP1 as west Milan and MXP2 as east Milan. Coordinates are the Milan reference point, not the plot.

Compared to peers

Compared with 5 peer facilities in IT.

Capacity (MW)
120below median
median 300 · p95 380
Supplier coverage
0no peers
median 0 · p75 0
Announce → online lag
in progress
no completions yet

Bands describe deviation from peer median; not a judgment.

Ownership chain (hscale)

No ownership chain tracked yet for this entity. Investigators can add parent companies via the ownership_edge table or community findings.

Public subsidies & incentives

No subsidies, tax abatements, or public incentives recorded for this facility yet.

Permits

No permits tracked for this facility yet. Public records (county permits, environmental filings, grid interconnect filings) can be sourced via community findings.

Status
announced
Current capacity
Planned capacity
120 MW
Power source
Cooling
Water draw
PUE
Capex

Location

City
Milan
Region
Lombardia
Country
IT
Coordinates
45.4642, 9.1900
View on OpenStreetMap →

Timeline

Announced
Groundbreak
Online
Full capacity

Power

Primary source
Utility
PUE pledged

Suppliers (0)

No suppliers tracked yet. Sign in to contribute.

Sources (3)

Community findings (0)

No findings submitted yet. Sign in to dispute or correct facts.