A new Irish company has announced that it will invest €1 billion in two data centres, creating 1,100 jobs.

Echelon Data Centres is to construct two facilities in Clondalkin in Dublin and Arklow in Co Wicklow, with capacities of up to 84MW and 100MW respectively.

The capacity available across the two wholly-owned facilities is the equivalent of approximately 34% of all operational capacity currently available in Ireland and 15% of that either planned or in development.

Planning permission has been granted for the Clondalkin site and is imminent for Arklow. The first tranche of 40MW of capacity will be available in Clondalkin in the second half of 2020.

The 1,100 jobs being created consist of 460 construction jobs and 100 operational positions in Clondalkin, and 450 construction jobs and 90 operational positions in Arklow.

The company’s jobs and investment plans were announced in Dublin at an event attended by the Minister for Business, Enterprise, and Innovation, Heather Humphreys, as well as senior representatives from the data centre industry and global technology companies.

Echelon is owned by Aldgate Developments, a UK and Ireland-based property development company. The company is working to a ‘Triple 5’ strategy – the development of 500MW of capacity, in five countries, by 2025.

Niall Molloy, CEO of Echelon Data Centres, said that the provision of customisable, scalable data centre facilities is key to the continuing growth of the digital economy, driven by social media, ecommerce, digital broadcasting and the internet of things.

"We’re thrilled that work to build Echelon’s first data centres has commenced. Between our two sites in Clondalkin and Arklow, and other sites that we are in the process of identifying and acquiring in Ireland, the UK and Europe, Echelon will become one of Europe’s biggest data centre providers," he said.

"The capacity available across Echelon’s first two facilities is the equivalent of 34% of all current operational capacity available in Ireland and about 15% of all capacity in planning and development. This will enable us to accommodate future growth strategies for clients."

In addition to its current portfolio, Echelon is in the process of identifying other sites in the UK and Europe and will announce further developments in due course.