DataVolt seeks firms for Riyadh 72MW data centre
11 July 2025

Riyadh-based data centre firm DataVolt has asked firms to express their interest in building an artificial intelligence (AI)-powered data centre in the Al-Janadariyah area of Riyadh.
MEED understands that the notice was issued on 18 June with a deadline of early July.
The total capacity of the facility will be 72MW, and the construction is expected to be undertaken in four phases.
The first phase will involve the construction of a three-storey facility with 16MW capacity. Phase two will add an additional 24MW capacity. Phases three and four will each add 16MW, bringing the overall capacity to 72MW.
The scope also covers a substation with a transmission line.
The project is expected to require an investment of about SR2.5bn ($667m).
In February, MEED exclusively reported that DataVolt is expected to start construction work on a data centre project in Riyadh by the third quarter of the year.
The planned data centre will be AI-enabled and will offer cloud computing infrastructure to future clients.
The planned facility is one of several data centre projects announced during the Leap technology conference held in the Saudi capital in February.
During the event, DataVolt and Saudi gigaproject developer Neom signed an agreement to develop a major data centre infrastructure in Oxagon, Neom’s industrial cluster.
Funded by an investment of about $5bn, the 1.5GW first phase of the project is expected to be operational by 2028.
According to Neom, the facility will be entirely powered by renewable energy.
READ THE JULY 2025 MEED BUSINESS REVIEW – click here to view PDF
UAE and Turkiye expand business links; Renewed hope lies on the horizon for trouble-beset Levant region; Gulf real estate momentum continues even as concerns emerge
Distributed to senior decision-makers in the region and around the world, the July 2025 edition of MEED Business Review includes:
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> AGENDA: UAE-Turkiye trade gains momentum
> INTERVIEW 1: Building on UAE-Turkiye trade
> INTERVIEW 2: Turkiye's Kalyon goes global
> INTERVIEW 3: Strengthening UAE-Turkiye financial links
> INTERVIEW 4: Turkish Airlines plans further growth
> CURRENT AFFAIRS: Middle East tensions could reduce gas investments
> GCC REAL ESTATE: Gulf real estate faces a more nuanced reality
> PROJECTS MARKET: GCC projects market collapses
> INTERVIEW 5: Hassan Allam eyes role in Saudi Arabia’s transformation
> INTERVIEW 6: Aseer region seeks new investments for Saudi Arabia
> LEADERSHIP: Nuclear power makes a global comeback
> LEVANT MARKET FOCUS: Levant states wrestle regional pressures
> GULF PROJECTS INDEX: Gulf projects index continues climb
> CONTRACT AWARDS: Mena contract award activity remains subdued
> ECONOMIC DATA: Data drives regional projects
> OPINION: A farcical tragedy that no one can end
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Exclusive from Meed
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Dubai seeks consultants to develop drainage strategy18 March 2026
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Oman awards power purchase agreements18 March 2026
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DP World awards Jafza warehouse construction deal18 March 2026
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Jabal Omar plans next phase of its Mecca development18 March 2026
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Oman awards power purchase agreements18 March 2026
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The new PPAs will extend the operating life of existing gas-fired power plants beyond the expiry of their current contracts.
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