PoweringAI (wearepowering.ai) has officially launched as a new pan-European data centre development platform, with a focus on transforming the delivery of AI-ready infrastructure across the region. The venture is designed to challenge conventional approaches by converting large-scale powered industrial sites into high-performance computing hubs.
The company has been established as a strategic spin-off from Xynteo, a specialist advisory firm focused on driving sustainable impact and long-term value creation. Xynteo is supported by funds advised by Leon Capital LLP, a European investment firm.
While many traditional developers continue to face challenges related to land acquisition and power access, PoweringAI enters the market with a pipeline of projects totalling 350 MW. Its model centres on the advanced repurposing of legacy industrial and port-based sites into integrated “energy park + data centre” developments, helping to connect established industrial infrastructure with future digital demand. This approach also brings underused land back into productive use, supporting job creation in regions that historically underpinned Europe’s industrial economy.
“We are unlocking a category of sites that have remained inaccessible to the broader market,” said Michael Youtsos, Partner at Leon Capital and Chair of PoweringAI. “By tapping into Xynteo’s industrial incumbent relationships, coupled with more than a year’s worth of investment in IP and expertise with site origination and development, we are creating a platform that delivers commercial success at the intersection of power and compute.”
Alex Rabbetts, Senior Advisor, Data Centres, PoweringAI, said: “As Europe’s energy transition accelerates, the intersection of power, industry, and compute will define the next decade of infrastructure investment. PoweringAI is uniquely positioned to build that bridge—delivering sustainable, powered data centre sites with deep industrial integration.”
PoweringAI’s development within Xynteo highlights a continued commitment to collaborative, system-wide change, now being applied to one of Europe’s most pressing infrastructure needs.
“This spin-off is a natural evolution of Xynteo’s mission—turning complex industrial challenges into scalable opportunities for good growth, with local job creation, and circular reuse of legacy assets”, said Rasmus Lundsgaard, Partner and CEO of Xynteo. “PoweringAI is building the development engine Europe needs to deliver AI infrastructure at speed, with quality, and with industrial legitimacy.”
Looking ahead, PoweringAI intends to establish itself as a leading platform for transforming Europe’s industrial regions into advanced digital infrastructure hubs, supporting the continent’s competitiveness in the global AI sector.
About PoweringAI
PoweringAI (wearepowering.ai) is a pan-European data centre development platform focused on repurposing powered brownfield industrial and port sites into integrated “energy park + data centre” campuses. Spun out of Xynteo and backed by Leon Capital, the venture launches with a near-500 MW pipeline of AI-ready development opportunities across Europe.
Learn more about us at https://wearepowering.ai/
About Xynteo
Xynteo is a specialist business advisory firm, based in Europe and India, on a mission to help global organisations and investors accelerate sustainable impact and value creation. Our work goes beyond ‘just strategy’ to transform complex decarbonisation, energy transition and circularity challenges into practical, actionable pathways for commercial success. By forging long-term partnerships with our clients, leveraging our expertise and extensive alliance ecosystem, we empower companies to identify, realise, and scale opportunities at all stages of their value-creation journey.
Learn more about us at www.xynteo.com
About Leon Capital
Leon Capital is a European investment firm that invests in and builds middle-market B2B services platforms that enable resilient, scalable development across strategic sectors.
Learn more about us at www.leon-capital.com
