Polcom plans 40MW in Poland with itself as the anchor tenant

Polcom's second Skawina data center, a 40MW build with a stated budget of up to PLN 150 million ($39.4m) and a 2030 opening, takes its demand case from Polcom AI Cloud, the sovereign platform the firm launched in 2025. CRN's reporting describes six server rooms cooled by water, air and mixed systems that would carry conventional business applications alongside that cloud workload.

That workload is the entire underwriting question. A 40MW hall pre-let to a hyperscaler, or filled with colocation contracts signed before steel goes up, is an underwriting file; a hall whose anchor tenant is the developer's own AI cloud is a wager on demand Polcom has to create itself. The coverage describes the firm as one of Poland's leading cloud providers, but still a tier below hyperscale, and only anchor-contracted digital assets earn infrastructure pricing, as this publication has argued. By doing its own anchoring, Polcom leaves the lease-up risk on its Polish sales pipeline rather than on a counterparty's balance sheet.

The build record is small and evenly spaced: Polcom opened 15MW in Skawina in 2010 and an 8MW facility in Alwernia, also in Lesser Poland, five years later. In 2025 the step change arrived—two projects near Krakow with a combined 44MW of IT capacity, announced alongside the AI cloud platform. Since 2024 the firm counts PLN 42 million ($11m) of spending on energy and IT infrastructure, under a third of what it now says it will put into a single building. The coverage does not specify whether the PLN 150 million ceiling covers all six halls, the cooling plant and the grid connection, or whether the 40MW is IT load or total facility capacity, a distinction that moves the implied cost per megawatt considerably.

Skawina sits in a corridor the coverage describes as a growing market in Poland's south, where LVL Energy announced plans in May for a 50MW data center in Dąbrowa Górnicza, in the Silesian Voivodeship, and in April the municipality of Gliwice said it would build its own Tier III facility.

The four-year runway to 2030 suggests power procurement and interconnection, more than construction, are the gating items, and the value of a queue position is set long before the electrons arrive. Polcom's chief executive, Marcin Gwóźdź, frames the design around what can be run on the building rather than its size, arguing that megawatt count no longer defines a facility's capability and that power, cooling efficiency, data location and who processes the data matter more.

He is describing a market where the tenant, its jurisdiction and its power contract set value. The test is whether Polcom names an offtake counterparty for the sovereign cloud before energization, or whether the two Krakow projects announced in 2025 pour concrete first.