Mistral AI Secures $830 Million Debt To Develop Data Center Near Paris
,
Building Size
—
Asset Type
—
Closing
Mar 30, 2026
About this deal
AI
Mistral AI has raised $830 million in debt to finance the construction of a new data center near Paris powered by Nvidia chips. Operations for the data center are expected to commence by Q2 2026.
Summary of transaction details:
- Deal Type: Debt raising
- Transaction Amount: $830,000,000
- Company HQ: Paris, France
- Founders: Arthur Mensch, Guillaume Lample, Timothée Lacroix
- Notable Investors: General Catalyst, ASML, a16z, Lightspeed, DST Global
- Total Capital Raised to Date: $3.1 billion
- Future Investments: $1.4 billion in Sweden and 200 megawatts of compute across Europe by 2027
Mistral AI is led by CEO Arthur Mensch. The company aims to extend its operations throughout Europe, with significant investments planned for both France and Sweden. The backing from prominent investors highlights the firm’s strategic focus within the AI sector.
On the Map
Players
Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
Loading comparables…
Deal FAQ
Browse this market sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93