Latest news with #HassanAlnaqbi
Mid East Info
12-07-2025
- Business
- Mid East Info
Khazna Data Centers and Eni Partner to Develop 500 MW AI Data Center Campus Near Milan - Middle East Business News and Information
Khazna Data Centers, a global leader in hyperscale digital infrastructure, and Eni, a global energy company headquartered in Italy, have signed a Head of Terms (HoT) to establish a Joint Venture for the development of an AI Data Center Campus with a total IT capacity of 500 MW in Ferrera Erbognone, Lombardy. The HoT was signed in Rome in the presence of Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation, alongside senior UAE officials and Adolfo Urso, Italy's Minister of Enterprises and Made in Italy. Khazna CEO Hassan Alnaqbi and Eni COO Global Natural Resources Guido Brusco signed the agreement on behalf of their respective organizations. The initiative combines Khazna's expertise in advanced data center design and operations with Eni's leadership in sustainable energy, laying the foundation for a resilient AI ecosystem at the heart of Europe. The Data Center Campus will be fed by 'Blue Power' supplied by Eni, a low-carbon electricity source generated by a new high-efficiency Combined Cycle Gas Turbine (CCGT) Power Plant designed to capture CO2 emissions. This will provide a first-of-a-kind synergy between decarbonized energy and Data Center design in Italy. This project is the first milestone of a program that aims to install an overall IT capacity in Italy of up to 1 GW, as set out in the Letter of Intent signed as part of the strategic partnership announced during the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, to Italy in February 2025. The letter outlined a shared commitment between the UAE and Italy to collaborate across artificial intelligence, energy transition, and digital infrastructure. The HoT marks significant progress for the project, with Khazna appointed as main partner for Eni to design and develop a phased master plan to achieve the 500 MW IT capacity. Purpose-built for high-density AI and high-performance computing workloads, the Milan AI Data Center Campus will deliver scalable, energy-efficient infrastructure designed to power Europe's digital and AI-driven future. Hassan Alnaqbi, CEO of Khazna Data Centers, said: 'We're proud to partner with Eni, a demonstrated energy leader, on this HoT, which represents a defining step in Khazna's European expansion. Together with Eni, we are enabling the infrastructure needed for exponential AI growth—delivering the scale, sustainability, and operational precision that next-generation compute demands.' Guido Brusco, COO Global Natural Resources of Eni, added: 'Through this partnership, Eni and Khazna are jointly contributing to delivering a world-class hyperscale infrastructure, strategic for Italy and Europe, providing their distinctive capabilities in innovation, energy sustainability and rapid time-to-market.' The HoT sets the key principles, roles and governance structures of a dedicated Joint Venture Company between both parties (Eni and Khazna), which will accelerate delivery of this strategic project. About Khazna Data Centers: As one of the fastest growing hyperscale data center platforms globally, Khazna Data Centers enables the growth of artificial intelligence (AI) and digital economies by delivering advanced infrastructure with unparalleled energy efficiency. Khazna is at the forefront of data center technology, pioneering solutions that combine innovation, resiliency, and sustainability. Khazna empowers governments, businesses, and societies to thrive in the digital age with data centers that are designed to handle the high-density computing requirements essential for the next-generation, AI-
TECHx
11-07-2025
- Business
- TECHx
Khazna Data Signs Deal to Build AI Data Center in Italy
Home » Tech Value Chain » Global Brands » Khazna Data Signs Deal to Build AI Data Center in Italy Khazna Data Centers, hyperscale digital infrastructure, and Italian energy giant Eni have announced the signing of a Head of Terms (HoT) to form a Joint Venture. The agreement will support the development of a 500 MW AI Data Center Campus in Ferrera Erbognone, Lombardy. The signing ceremony took place in Rome in the presence of Her Excellency Reem Al Hashimy, UAE Minister of State for International Cooperation. Senior UAE officials and Italy's Minister of Enterprises and Made in Italy, Adolfo Urso, also attended the event. Khazna CEO Hassan Alnaqbi and Eni COO Global Natural Resources Guido Brusco signed the agreement. The collaboration brings together Khazna's advanced data center design capabilities and Eni's expertise in sustainable energy. The new AI Data Center Campus will be powered by 'Blue Power' supplied by Eni. This low-carbon electricity is generated by a high-efficiency Combined Cycle Gas Turbine (CCGT) Power Plant equipped to capture CO2 emissions. The project introduces a first-of-its-kind synergy between decarbonized energy and data center design in Italy. This agreement marks a key milestone in a broader program to establish up to 1 GW of total IT capacity in Italy. The program stems from a Letter of Intent signed during the state visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, to Italy in February 2025. The visit emphasized strategic cooperation between the UAE and Italy in AI, digital infrastructure, and the energy transition. The HoT confirms Khazna's role as the primary partner for designing and developing a phased master plan to reach the 500 MW goal. The Milan-based campus will support high-density AI and high-performance computing workloads. Key highlights: • The project enables sustainable, scalable AI infrastructure in Europe. • It reflects strategic alignment between UAE and Italy on digital innovation. Khazna CEO Hassan Alnaqbi stated the agreement represents a defining step in the company's European expansion. He noted that Khazna and Eni are laying the groundwork for infrastructure that meets the growing demands of AI. Eni's Guido Brusco emphasized the project's strategic importance for Italy and Europe. He highlighted both firms' strengths in innovation, sustainability, and rapid delivery. The HoT also sets the foundational roles and governance for a new Joint Venture Company between Khazna and Eni. This structure will accelerate the delivery of the project.
Mid East Info
08-07-2025
- Business
- Mid East Info
Khazna Data Centers Standardizes on International Data Center Authority (IDCA) for Global Excellence - Middle East Business News and Information
Khazna Data Centers has signed a strategic alliance with the International Data Center Authority IDCA, the world's leading digital economy think tank and the digital infrastructure standardization, certification and education authority for modern data centers, cloud infrastructure and artificial intelligence AI. Headquartered in Washington D.C., IDCA will review and analyze Khazna's operations with its globally recognized standards. This includes data center design, service delivery, cloud and AI deployments, and workforce development. 'IDCA's framework is an industry benchmark that reflects the full complexity of modern digital infrastructure, particularly in cloud and AI,' said Hassan Alnaqbi, CEO of Khazna. 'Our alignment to these standards is another step towards aligning with broader international benchmarks.' 'This strategic alliance between IDCA and Khazna will give Khazna's current and future clients the assurance that their data is being housed in facilities meeting the leading global standards and latest best practices,' said IDCA Chairman and CEO Mehdi Paryavi in making the announcement. 'Khazna plays such a critical role in the future of digital infrastructure for Cloud and AI, and its adoption of IDCA standards exhibits the company's commitment in making a global impact.' The certification process, which began on July 1, 2025, includes comprehensive audits of Khazna's infrastructure, operational protocols, and corporate systems. Dedicated teams from both organizations have already been mobilized to oversee the full compliance and certification program. 'As AI becomes a defining force in our industry, our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers,' added Alnaqbi. Paryavi added: 'IDCA projects a growth of data center capacity from the current level of around 55GW to as much as 250 to 300GW by 2030. This massive explosion of demand requires leading emerging global players like Khazna, who are already delivering results at scale, to meet international benchmarks.' About Khazna Data Centers: As one of the fastest growing hyperscale data center platforms globally, Khazna Data Centers enables the growth of artificial intelligence (AI) and digital economies by delivering advanced infrastructure with unparalleled energy efficiency. Khazna is at the forefront of data center technology, pioneering solutions that combine innovation, resiliency, and sustainability. Khazna empowers governments, businesses, and societies to thrive in the digital age with data centers that are designed to handle the high-density computing requirements essential for the next-generation, AI-powered applications powering the future economy. About IDCA: International Data Center Authority (IDCA) is the global bipartisan digital economy think tank that works with nations to create AI policies, Digital Hubs and Digital Economies through the standardization of the approach, selection, design, feasibility, operation, and various processes and methodologies of digital infrastructure and related processes and systems. The global IDCA team works with its partners and affiliates worldwide to achieve the optimum delivery of its advanced services locally and effectively at every project. IDCA is represented in more than 40 countries and active globally in North America, South America, Western Europe, Middle East, Eastern Europe, West Africa, North Africa, East Africa, Central, and South Africa, Southeast Asia, and Asia Pacific.
Tahawul Tech
08-07-2025
- Business
- Tahawul Tech
'Our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers' – Hassan Alnaqbi, Khazna
Khazna Data Centers has signed a strategic alliance with the International Data Center Authority (IDCA), the world's leading digital economy think tank and the digital infrastructure standardization, certification and education authority for modern data centers, cloud infrastructure and artificial intelligence (AI). Headquartered in Washington D.C., IDCA will review and analyze Khazna's operations with its globally recognized standards. This includes data center design, service delivery, cloud and AI deployments, and workforce development. 'IDCA's framework is an industry benchmark that reflects the full complexity of modern digital infrastructure, particularly in cloud and AI,' said Hassan Alnaqbi, CEO of Khazna. 'Our alignment to these standards is another step towards aligning with broader international benchmarks.' 'This strategic alliance between IDCA and Khazna will give Khazna's current and future clients the assurance that their data is being housed in facilities meeting the leading global standards and latest best practices,' said IDCA Chairman and CEO Mehdi Paryavi in making the announcement. 'Khazna plays such a critical role in the future of digital infrastructure for Cloud and AI, and its adoption of IDCA standards exhibits the company's commitment in making a global impact.' The certification process, which began on July 1, 2025, includes comprehensive audits of Khazna's infrastructure, operational protocols, and corporate systems. Dedicated teams from both organizations have already been mobilized to oversee the full compliance and certification program. 'As AI becomes a defining force in our industry, our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers,' added Alnaqbi. Paryavi added: 'IDCA projects a growth of data center capacity from the current level of around 55GW to as much as 250 to 300GW by 2030. This massive explosion of demand requires leading emerging global players like Khazna, who are already delivering results at scale, to meet international benchmarks.'
Zawya
08-07-2025
- Business
- Zawya
Khazna Data Centers standardizes on International Data Center Authority for Global Excellence
Abu Dhabi, UAE – Khazna Data Centers has signed a strategic alliance with the International Data Center Authority (IDCA), the world's leading digital economy think tank and the digital infrastructure standardization, certification and education authority for modern data centers, cloud infrastructure and artificial intelligence (AI). Headquartered in Washington D.C., IDCA will review and analyze Khazna's operations with its globally recognized standards. This includes data center design, service delivery, cloud and AI deployments, and workforce development. 'IDCA's framework is an industry benchmark that reflects the full complexity of modern digital infrastructure, particularly in cloud and AI,' said Hassan Alnaqbi, CEO of Khazna. 'Our alignment to these standards is another step towards aligning with broader international benchmarks.' 'This strategic alliance between IDCA and Khazna will give Khazna's current and future clients the assurance that their data is being housed in facilities meeting the leading global standards and latest best practices,' said IDCA Chairman and CEO Mehdi Paryavi in making the announcement. 'Khazna plays such a critical role in the future of digital infrastructure for Cloud and AI, and its adoption of IDCA standards exhibits the company's commitment in making a global impact.' The certification process, which began on July 1, 2025, includes comprehensive audits of Khazna's infrastructure, operational protocols, and corporate systems. Dedicated teams from both organizations have already been mobilized to oversee the full compliance and certification program. 'As AI becomes a defining force in our industry, our partnership with IDCA underscores our commitment to building intelligent, efficient, and globally competitive data centers,' added Alnaqbi. Paryavi added: 'IDCA projects a growth of data center capacity from the current level of around 55GW to as much as 250 to 300GW by 2030. This massive explosion of demand requires leading emerging global players like Khazna, who are already delivering results at scale, to meet international benchmarks.' About Khazna Data Centers As one of the fastest growing hyperscale data center platforms globally, Khazna Data Centers enables the growth of artificial intelligence (AI) and digital economies by delivering advanced infrastructure with unparalleled energy efficiency. Khazna is at the forefront of data center technology, pioneering solutions that combine innovation, resiliency, and sustainability. Khazna empowers governments, businesses, and societies to thrive in the digital age with data centers that are designed to handle the high-density computing requirements essential for the next-generation, AI-powered applications powering the future economy. About IDCA International Data Center Authority (IDCA) is the global bipartisan digital economy think tank that works with nations to create AI policies, Digital Hubs and Digital Economies through the standardization of the approach, selection, design, feasibility, operation, and various processes and methodologies of digital infrastructure and related processes and systems. The global IDCA team works with its partners and affiliates worldwide to achieve the optimum delivery of its advanced services locally and effectively at every project. IDCA is represented in more than 40 countries and active globally in North America, South America, Western Europe, Middle East, Eastern Europe, West Africa, North Africa, East Africa, Central, and South Africa, Southeast Asia, and Asia Pacific.
