Energy
‘Closed for business’: Ireland missing out on billions in AI data centre investment
Industry insiders have said Ireland is no longer being considered a viable location for major technology investments
Ireland is losing out on billions of euros in foreign investment due to the continuing absence of a clear government policy on data centres.
Senior industry figures have told the Business Post that Ireland is becoming increasingly unattractive to foreign investors looking to build data centres to power AI projects due to the state’s creaking energy system.
Peter Lantry, managing director of the Irish arm of Equinix, the $80-billion infrastructure developer, said his company is ...