Business · Companies · 2 hrs ago
SWI Group raises €800 million to expand AI infrastructure
SWI Group has raised €800 million in new capital, giving the investment company a total valuation of €6.1 billion.
It plans to use the money to develop and rent data centre and computing capacity for artificial intelligence in Europe and the United States.
SWI was formed in 2025 by combining investment manager Stoneweg and alternative investment firm Icona Capital.
The new funding follows a €260 million capital increase in March, bringing the total raised during this period to more than €1 billion.
The company says the money will support new AI investments and increase its stakes in existing ones.
Its plans build on a portfolio of about four gigawatts of energy capacity across Europe, including Spain, and the United States.
In August, SWI joined Nvidia’s Cloud Partner programme as a preferred partner, giving it greater ability to buy, install and operate Nvidia computing chips.
SWI Group has raised €800 million to expand its digital infrastructure and AI computing platforms in Europe and the United States.
The capital increase values the group at €6.1 billion.
The company plans to develop and lease capacity in data centres and computing facilities for artificial intelligence.
The fundraising follows a €260 million capital increase in March, bringing the amount raised in this period to more than €1 billion.
SWI says the new funds will support further AI investment and larger stakes in existing investments.
- Who
- SWI Group, an investment holding company formed by the integration of Stoneweg and Icona Capital.
- What
- It raised €800 million in a capital increase to expand digital infrastructure and AI computing.
- When
- The article was published on 12 October 2026; the date the capital increase closed is not stated.
- Where
- Europe and the United States.
- Why
- To accelerate the expansion of its digital infrastructure and AI computing platforms, including investment in data-centre and computing capacity.
This story does not have two clearly opposing sides.
SWI was formed through the integration of Stoneweg and Icona Capital.
SWI began trading on Euronext Amsterdam.
The company closed a €260 million capital increase.
SWI announced it had joined Nvidia’s Cloud Partner programme as a preferred partner.
Expansión reported that SWI had closed an €800 million capital increase.
- Capital raised
- €800 million
- Group valuation
- €6.1 billion
- Total capital raised in the period
- More than €1 billion
- Ordinary shares after the transaction
- 558,399,385
- Energy capacity in SWI’s portfolio
- Approximately 4 GW
- Free float after the increase
- Approximately 20% of share capital
What people are saying
This operation aims to keep us in step with the computing and data-centre markets. We have a clear strategy, a considerable project portfolio and a strong position in Europe and the United States.
Sources
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