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Cartis diligence evidence schedule

HSCALE Milan MXP2

PRJ-0364 · Site · Milan metropolitan area, Italy

Record last updated Oct 28, 2026

Scope and capacity

MXP2 is a planned three-building Milan campus targeting Q3 2028. HSCALE Milan MXP2 is located in Milan metropolitan area, 25, IT and is a data center campus in under construction status.

Headline: 120 MW Planned / design

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Company stated planned campus capacity · 120 MW

Planned / design or future potential · HSCALE Milan MXP2 (Project)

Claim 32941 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Planned building count · 3 buildings

Actual · HSCALE Milan MXP2 (Project)

Claim 32942 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Target ready for service · 2028-Q3

Actual · HSCALE Milan MXP2 (Project)

Claim 32946 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. HSCALE closes second hyperscale data centre campus in Milan

    HSCALE · Document date: May 20, 2026 · Corroborating

    Source reference: SRC-1861 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/update/hscale-closes-second-hyperscale-data-centre-campus-in-milan-committing-over-e2-billion-to-the-region/

  2. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Target annual PUE · 1.2

Actual · HSCALE Milan MXP2 (Project)

Claim 32947 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Electrical topology · N+1

Actual · HSCALE Milan MXP2 (Project)

Claim 32948 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Cooling topology · N+2; liquid ready

Actual · HSCALE Milan MXP2 (Project)

Claim 32949 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. HSCALE closes second hyperscale data centre campus in Milan

    HSCALE · Document date: May 20, 2026 · Corroborating

    Source reference: SRC-1861 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/update/hscale-closes-second-hyperscale-data-centre-campus-in-milan-committing-over-e2-billion-to-the-region/

  2. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Secured grid capacity company claim · 180 MVA

Actual · HSCALE Milan MXP2 (Project)

Claim 32950 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Italy, Milan

    HSCALE · Document date: Not stated · Primary

    Source reference: SRC-1860 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.hscaledc.com/data-centres/italy-milan/

Counterparties and capital

HSCALE · Developer, Operator · CMP-0900

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.