SWI Group Raises €800M for AI, Taps Templus in Madrid

SWI Group, the digital infrastructure investment group listed on Euronext Amsterdam, has closed an €800 million capital increase with institutional investors that, according to the company, puts its final valuation at €6.1 billion. It announced the deal on October 12, 2026, and will use the funds to expand its data center and AI compute capacity in Europe and the United States. In Spain, the business press has linked that expansion to a deal with Templus at its data center in Alcalá de Henares (Madrid) to host NVIDIA GPUs.

The key facts about SWI Group’s capital increase and its deal with Templus in 30 seconds

  • SWI Group raises €800 million and lifts its final valuation to €6.1 billion, according to the company.
  • It has raised more than €1 billion since March 2026, and its free float rises to roughly 20%.
  • The money will go to data centers, energy, and AI compute capacity on both sides of the Atlantic.
  • According to Expansión, SWI will have 13 MW at Templus’s Alcalá de Henares facility for NVIDIA GPUs.
  • Neither company has detailed the deal in an official statement.

SWI’s statement does not name the investors, the price of the new shares, or specific projects. After the deal, share capital stands at 558,399,385 ordinary shares, and some investors receive share options tied to capital-markets milestones the company does not specify. “This transaction is designed to keep pace with the compute and data center markets,” said Max-Hervé George, founder and CEO of SWI Group, who added in the English version of the statement that the group has a clear strategy and a broad pipeline of projects across Europe and the United States.

What’s known about the deal with Templus in Alcalá de Henares

The Spanish side of the story doesn’t appear in SWI’s statement. Expansión reported it on October 20, 2026: according to the newspaper, the group — which it identifies by its Stoneweg origins — has secured capacity at the data center Templus operates in Alcalá de Henares, with 13 MW of power to install NVIDIA GPUs for AI model training and inference. The paper estimates the capacity will be filled within 12 to 24 months. It adds that market sources expect demand from large clouds such as AWS, Microsoft Azure, or Google Cloud, but that’s a forecast, not a confirmed customer.

Taiwanese financial outlet MoneyDJ gives a somewhat different version. It describes a compute-capacity lease from Templus at that same Alcalá de Henares site, with SWI investing €500 million in NVIDIA chips and operations starting in April 2027. Neither report cites statements from the companies, and the figures (13 MW on one side, €500 million in chips on the other) aren’t contradictory, but they don’t come from the same source either. Until SWI or Templus publish the terms, the deal should be treated as press reporting.

When Templus announced the expansion of its Alcalá de Henares site in September 2025, the facility had 10 MW, hosted more than 250 companies, and covered around 32,000 square meters, with plans to reach 20 MW in the medium term with a new technical room. In Madrid, Templus has also brought in Megaport to offer on-demand private connectivity. The Henares Corridor area concentrates several projects of this kind, such as Nabiax’s new 100 MW data center under construction in Alcalá.

For Templus, the deal would fit its recent expansion, in which it has bought data centers from Grupo Aire, agreed to buy nine from AtlasEdge, and opened a campus in Barcelona. As this outlet has reported, Templus is aiming for 26 data centers in 2026.

From real estate investor to compute platform

SWI presents itself as a global digital investment platform focused on long-term infrastructure, but in 2026 it has taken several steps toward operating its own AI capacity. On August 31, 2026, it announced it had joined the NVIDIA Cloud Partner (NCP) program as a preferred partner, which gives it access to NVIDIA-validated reference architectures and configurations, along with its intention to operate an AI cloud platform using NVIDIA AI Enterprise software. “SWI Group takes another step on its path to becoming a fully vertically integrated global AI player,” George said at the time.

According to the company, its portfolio totals 3.6 GW of capacity across Europe and the United States. In the US, it relies on Genesis Digital Assets, rebranded as SWI Digital, with more than 1.3 GW of land with approved grid connections, mostly in Texas. In Europe, its AiOnX platform brings together 2.3 GW in Ireland, the UK, Denmark, Italy, and Spain. SWI says one of those sites is already leased to a major cloud provider it does not name; Expansión places a 200 MW facility in Dublin leased to Amazon.

These are figures for available or in-development electrical capacity, not operating data centers, and the statement sets no timeline for deploying the proceeds of the capital increase. What is clear is the shift in profile: in a few months, the group has gone from investing in land, energy, and infrastructure to also wanting to sell compute.

Frequently Asked Questions

How much money has SWI Group raised?

€800 million in a capital increase with institutional investors announced on October 12, 2026, putting the final valuation at €6.1 billion, according to the company. It has raised more than €1 billion since March 2026.

What deal does SWI have with Templus in Madrid?

According to Expansión, SWI will have 13 MW at Templus’s data center in Alcalá de Henares for NVIDIA GPUs. MoneyDJ describes a capacity lease with €500 million in chips and a start date in April 2027. Neither company has detailed it officially.

What is SWI Group?

A digital infrastructure investment group listed on Euronext Amsterdam that has pivoted toward data centers and AI compute capacity in Europe and the United States. It is a preferred partner in the NVIDIA Cloud Partner program.

What capacity does the Templus data center in Alcalá de Henares have?

It had 10 MW in September 2025, when Templus said it would expand it to 20 MW in the medium term.

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