Nebius, a leading rent-a-GPU cloud company, is set to significantly expand its datacenter capacity with a promise to bring online over 1 gigawatt of power every year, beginning in 2027. This ambitious plan is expected to generate substantial revenues, with the company anticipating $20-25 million per megawatt deployed for medium-term leases and $40-50 million for short-term leases.
Key Insights
The key points of Nebius' expansion plan include the annual addition of over 1 GW of datacenter capacity starting in 2027, with a projected capital expenditure of $20-25 billion in 2026. The company will adopt a multi-faceted approach to finance this expansion, leveraging customer prepayments, debt financing, and an innovative asset-light model where partners will finance and operate the facilities, thereby minimizing Nebius' upfront costs and maximizing efficiency.
