Wire · operational-macro
MIS Signs MoU with BSF Capital on Saudi Data Center Fund 1 Expansion
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Fusion42 · 22 July 2026 · Fusion42 review
MIS has signed an MoU with BSF Capital (acting for Saudi Data Center Fund 1) to develop three new data centres across Riyadh, Dammam, and Jeddah with combined capacity of approximately 48 megawatts, with MIS serving as developer, designer, contractor, and facilities manager.
This Wire brief sits within Fusion42's coverage of Cloud Infrastructure.
◆ ◆ The Wire takeaway
A state-backed Saudi fund is now building data-centre capacity at scale across three cities—if you're selling power, cooling, networking gear, or security to data centres, you've just got a 90-day window to meet the developer before financing locks in.
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1 source · 22 Jul 2026
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