The move is expected to generate thousands of jobs and strengthen Britain's energy security. It is expected to be signed off during US President Donald Trump's state visit this week, with both sides hoping it will unlock billions in private investment. Prime Minister Sir Keir Starmer said the two nations were "building a golden age of nuclear" that would put them at the "forefront of global innovation".
Funded entirely by private investment and backed by the government of Gibraltar, the Pelagos Data Centres Project represents a transformative step for the territory's digital and economic landscape. It will also make an important contribution to meeting Europe's demand for datacentre capacity, positioning Gibraltar as a significant new node in Europe's digital infrastructure that can serve the broader needs of the UK and continental Europe.
"It is a historic step that reinforces our nation's autonomy in access to space and assigns us a strategic responsibility towards Europe," said Avio CEO Giulio Ranzo. "We are ready to meet this challenge with determination, and we are investing in technologies, expertise, and infrastructure to ensure a competitive service."