Companies
DataVolt
Saudi Arabia · Data centres & AI infrastructure · Private · Founded 2023 · Riyadh
Saudi developer, investor and operator of AI-ready data centres, founded in 2023 and headquartered in Riyadh, led by Chief Executive Officer Rajit Nanda. Its flagship is a 1.5 GW net-zero AI campus at NEOM's Oxagon, announced in February 2025 with an initial US$5 billion first phase; on 31 August 2026 it agreed with HUMAIN to develop 100 MW of the campus's 360 MW initial phase, expected from 2028. It also has a Riyadh facility and a 12 MW data centre in Tashkent, Uzbekistan, for which up to US$150 million of debt financing was announced in June 2026. It publishes no financial statements.
Verified · updated 19 Oct 2026
Key facts
12 MW
Announced capacity
IT load of the Tashkent data centre, Uzbekistan; not a Saudi site.
Proparco·as announced Jun 2026·source dated 17 Jun 2026·updated 19 Oct 2026·About this indicator
up to $150 mn
Debt financing announced
Debt financing of up to USD 150 million from four development lenders for the 12 MW Tashkent data centre.
Proparco·as announced Jun 2026·source dated 17 Jun 2026·updated 19 Oct 2026·About this indicator
Ownership and relationships
- developer and operator ofDataVolt Oxagon net-zero AI factoryNEOM · source dated 10 Feb 2025 ↗
- Chief Executive Officer:Rajit NandaNEOM · source dated 10 Feb 2025 ↗
Key people
- Rajit Nanda · Chief Executive Officer, DataVolt
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Sources
- Proparco · proparco.fr