Information facilities developer Serverfarm, owned by Manulife funding and the Papouchado household, along with the Israel Infrastructure Fund (IIF) will construct a 130 megawatts information middle in Ashdod for Dalia Power with an funding of $1.5 billion. This, along with a number of billion {dollars} for the acquisition of servers, cooling tools and electrical energy.
The Ofek information middle will later be enlarged to 200 megawatts. That is the largest information middle in Israel at the moment deliberate, with Dalia counting on direct electrical energy provide from the brand new energy station being constructed inorth of Ashdod port.
The information middle might be constructed on land leased by Dalia to a brand new company to be established by Serverfarm (50%) and IIF (50%), with Dalia retaining the choice to obtain 30% of the corporate’s shares by Eshkol Energies, wherein Dalia holds 75%. The land might be leased for no less than 24 years and 11 months.
Adjoining to the information middle, a brand new energy station referred to as Eshkol Avshal (named after Avshalom Haran from Kibbutz Be’eri who was murdered on October 7) might be constructed, which can present electrical energy primarily based on pure fuel with a capability of 850 megawatts. The development of the station continues to be within the stage earlier than financing with Financial institution Hapoalim, which ought to be closed through the second quarter. The information middle will open for industrial exercise within the second half of 2029.
Not the one one coming into the business
Dalia isn’t the one participant coming into the information middle business – in latest weeks it has turn into clear that Nofar can also be making an attempt to enter the sphere by the acquisition of land in Shoham to construct a big information middle, and final week Doral and Ampa introduced a partnership in precept to construct information facilities close to energy stations.
The expansion of AI requires the development of information facilities – massive industrial services containing a whole bunch and typically 1000’s of server racks wherein Nvidia graphics processors are embedded that carry out advanced calculations. These are typically used to coach AI fashions, run them, and in addition for cloud computing actions required for AI providers.
Whereas the development of the construction will price $1.5 billion in keeping with estimates, equipping it with 1000’s of servers wherein Nvidia’s latest chips are embedded is predicted to lead to prices that would attain $4-5 billion. As revealed in “Globes,” Dalia acquired a license from the Ministry of Communications to deploy underwater optical fiber to Europe, which can enable the information middle to transmit information at excessive speeds and in excessive quantity to different servers on this planet, which is a important operation for AI computation.
Printed by Globes, Israel enterprise information – en.globes.co.il – on February 23, 2026.
© Copyright of Globes Writer Itonut (1983) Ltd., 2026.
