Skip to content
FALANGAINVEST
Visualisation of the NextGenDC data centre campus at Rudniki with its halls and energy core.

NextGenDC

A data centre that carries its own research inside it.

Role in the group
Data centre campus with a dedicated research and development block
Stage
Investment proposal · pre-construction
Location
Rudniki
900MW
Target capacity of the campus
746€m
Investment sought
15MW
IT load of the first module
below 1.25
Target PUE of the first module

Context

A research block inside the data centre

Unlike conventional data centres, NextGenDC integrates a dedicated research and development block.

The strength of NextGenDC lies in its ability to connect leading-edge research with actual deployment. Each pillar addresses a fundamental problem in operating a modern data centre, and each is validated on the campus itself.

Buildings and facilities

The first module of the campus

BuildingFunctionParameters
BO 01Server halls4,000 m², IT load of 15 MW, density of 40–50 kW per rack
BO 02Energy core2,500 m², HV/LV switchgear, UPS, back-up generation (diesel/gas transitioning to hydrogen/biogas); total output of 50 MW
BO 03Cooling centre1,800 m², free cooling and immersion cooling, COP above 6.5, target PUE below 1.25
BO 04Research block2,900 m², laboratories for algorithm development, AI testing and digital twin simulation
BO 05Administration1,200 m², offices, helpdesk and customer facilities

These figures describe the first module. The campus at Rudniki is designed to be phased from 100 MW up to a total capacity of 900 MW.

Technology

What the facility is built from

IT infrastructure

480 blade servers and 72 GPU nodes; NVMe SAN storage, hybrid arrays and LTO-9 tape libraries; 400 GbE backbone switching, SDN and full A/B redundancy; next-generation firewalls, IDS/IPS and AI-assisted SIEM.

Energy infrastructure

22/110 kV transformers, modular UPS and back-up generation with 48 hours of autonomy; smart-grid integration with the ability to export power back to the grid; a transition strategy towards renewable fuels.

Cooling

Six 1.5 MW water-cooled units and four 1 MW air-cooled units on standby; CRAH and in-row liquid cooling for high-density racks; more than 600 sensors for dynamic AI-driven temperature control.

Security

Multi-layer protection: biometrics, RFID, security airlocks and an AI-assisted camera system; redundant fibre connections through separate providers; fire protection with VESDA and inert gases.

The research component

What is being developed on the campus

Intelligent scheduler

An AI tool for predictive workload orchestration.

Algorithm development

Classical machine learning combined with neuromorphic methods and approaches inspired by quantum computing.

Integration laboratory

Interoperability testing across IoT, edge and cloud systems.

Ontological AI orchestration

A higher-level orchestration system that understands infrastructure, workload, energy and security processes in context and manages them.

Pillars of the solution

Three pillars, one operating system

  1. 1

    Intelligent scheduler

    Traditional data centres struggle with unpredictable workloads and demand peaks, and most scheduling is still manual — which wastes resources and raises costs. The intelligent scheduler introduces AI-driven predictive workload management that allocates resources according to current and anticipated demand, and integrates the CI/CD pipeline so that new services deploy without downtime and without manual intervention.

  2. 2

    Algorithm development

    At the heart of an autonomous data centre are algorithms that learn, adapt and respond. This pillar combines machine learning, brain-inspired neuromorphic models and quantum computing techniques in order to optimise energy consumption, predict failures before they occur and counter cyber threats without human intervention — a shift from reactive administration to self-healing infrastructure.

  3. 3

    Integration laboratory

    The third pillar is the framework that joins everything into a single ecosystem and ensures that IoT devices, edge nodes, cloud layers and the hardware beneath them work together. It is a test environment in which new technologies are validated under real conditions before deployment, so the infrastructure stays scalable and ready for what comes next.

SWOT analysis

Where the project is strong and where it is exposed

Strengths

A distinctive combination of infrastructure and research; a high degree of autonomy and AI orchestration; an ESG-aligned design and low PUE; a strategic location in central Europe.

Weaknesses

High initial capital expenditure; the demands of running a data centre and a research operation in parallel; dependence on long-term partnerships; rapid technological change may overtake individual components.

Opportunities

Double-digit growth in the AI and edge markets; a shortage of local capacity in central Europe; EU programmes supporting green and digital infrastructure; partnerships with telecommunications operators and academia.

Threats

Entry of global players; volatility in energy prices; geopolitical and regulatory risk; rapid technological obsolescence.

Diagram of the NextGenDC SWOT analysis with four quadrants, from the Falanga Invest book.
The SWOT analysis as set out in the book.

What will actually decide this

Of everything above, two items decide the outcome and the rest is secondary.

  • The grid: a signed connection agreement turns land into land with power, and is the single largest step up in value.

  • Zoning: without an amendment to the municipal plan, roughly half of the area cannot be built on at all.

  • Global competition and energy prices matter, but they change the return; these two items change whether the project exists at all.

Financial plan

The investment proposal

Investment sought
€746 million
Use of proceeds
Construction, IT infrastructure, research and development, expansion
Exit options
IPO, strategic sale or a long-term income-producing asset
Diagram of the financing structure of the NextGenDC project, from the Falanga Invest book.
The financing structure as set out in the book.

Summary of the financial model

Financial indicators for the period 2025–2035 and the valuation outputs.

IndicatorValue
Revenue€4.81 billion
EBITDA€4.56 billion
Net cash flow€3.54 billion
CAPEX€979 million
PaybackFrom 2028, repaid within six years
IRRSignificantly above a WACC of 8–9%
EVA€8.71 billion cumulative
DCF equity value€16 billion, risk-adjusted to €13.6 billion

Financial model outputs from feasibility study v1.1.

Overview

Key details

Campus
Rudniki; phased from 100 MW to a total capacity of 900 MW
First module
Five buildings, BO 01–BO 05, IT load of 15 MW, total energy core output of 50 MW
Operating parameters
Density of 40–50 kW per rack, target PUE below 1.25, cooling COP above 6.5
Research
A dedicated 2,900 m² block: algorithm development, AI testing and digital twin simulation
Investment sought
€746 million for construction, IT infrastructure, research and development, and expansion
Exit options
IPO, strategic sale or a long-term income-producing asset

The financial model outputs derive from feasibility study v1.1. They are modelled values, not commitments or forecasts of achieved performance.

The detail sits in the data room

Investment studies, contractual documentation and the data room are made available to qualified investors after an initial meeting and the signing of an NDA.

Request a consultation

Put the strength of global investment to work for your success.