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Country Report Data Centres Report ID: TRV-RD-271 Published June 2026

Ireland Submarine Cable Landing Station Real Estate Market

TROVIEW INTELLIGENCE | Ireland Submarine Cable Landing Station Real Estate Market | Q2 2026 TROVIEW INTELLIGENCE · COUNTRY INTELLIGENCE REPORT By Coast · By Cable System · By Ownership Model · By End-User Sector Landing Profiles: County Cork · County Mayo · County Wexford · County Dublin · County Galway Ireland hosts 82 data centres with 14 more under construction, anchored by Amazon Web Services' USD 11.9 billion in...
Base Year Value
USD 412.8 Million
Forecast Value (2035)
USD 1.54 Billion
CAGR
13.6%
Report ID
TRV-DC-010-CTR
Base Year
2025
Pages
240+
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TROVIEW INTELLIGENCE | Ireland Submarine Cable Landing Station Real Estate Market | Q2 2026
TROVIEW INTELLIGENCE · COUNTRY INTELLIGENCE REPORT

By Coast · By Cable System · By Ownership Model · By End-User Sector

Landing Profiles: County Cork · County Mayo · County Wexford · County Dublin · County Galway

Ireland hosts 82 data centres with 14 more under construction, anchored by Amazon Web Services' USD 11.9 billion investment since 2012, and its position as a primary EU transatlantic cable gateway is confirmed by the active or planned landing of AEC-1, AEC-2/Havfrue, AEC-3/Amitie, EXA Express, CeltixConnect-1, CeltixConnect-2, IRIS, PISCES, and the forthcoming Fastnet system Amazon's first wholly-owned transatlantic cable with 320 Tbps capacity approved for a Cork County Council landing station in April 2026 while Microsoft filed for three additional Ireland-UK subsea cables in January 2025, EXA Infrastructure acquired Aqua Comms for approximately USD 59 million in December 2025 to control the country's primary west coast landing positions, and the Celtic Interconnector linking Ireland to France received over EUR 530 million in EU grants as the world's longest XLPE subsea power interconnector, confirming Ireland's status as both the EU's dominant transatlantic data cable gateway and a primary node in Europe's emerging offshore energy interconnection grid.

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MARKET SYNOPSIS

The Ireland submarine cable landing station real estate market size was USD 412.8 Million in 2025 and is expected to register a revenue CAGR of 13.6% during the forecast period, reaching USD 1.54 Billion by 2035. Market revenue growth is supported by Ireland's structural position as the European Union's dominant transatlantic submarine cable gateway, anchored by a combination of geographic proximity to the North American Atlantic coast reducing cable length and therefore transmission latency relative to continental European landing points and the deepest concentration of hyperscaler data centre infrastructure in the EU, with Amazon Web Services having invested approximately USD 11.9 billion in Ireland since 2012 and operating or planning at least 15 data centres across Dublin, Clonshaugh, and Blanchardstown per CSIS analysis of September 2025. The country's cable landing real estate market encompasses the landing station buildings, civil beach access works, armoured cable burial routes, repeater huts, and network operations centres at each cable terminus, as well as the adjacent colocation data centre real estate that connects landing station infrastructure to national and European terrestrial fibre networks. Ireland's active and planned submarine cable systems landing as of Q2 2026 include AEC-1, AEC-2/Havfrue, AEC-3/Amitie, EXA Express, CeltixConnect-1, CeltixConnect-2, IRIS, PISCES, the Beaufort Ireland-UK cable, and the Fastnet AWS private cable with a 2028 operational date. For instance, in November 2025, Taoiseach Micheal Martin of Ireland welcomed the announcement of the Amazon Fastnet transatlantic cable, stating that the cable will help Ireland become a true gateway to Europe for submarine telecommunications cables and that the investment will enhance global connectivity and reinforce Ireland's status as a leading digital hub per verified Irish Government and Amazon press releases of November 2025. These are some of the key factors driving revenue growth of the market.

EXA Infrastructure, United Kingdom, completed its acquisition of Aqua Comms, Ireland, for approximately USD 59 million in December 2025 per RCR Wireless reporting of January 2026, consolidating control of the AEC-1 landing at Killala, County Mayo a direct 5,534 kilometre link connecting Shirley, New York, to Ireland the AEC-2/Havfrue landing at Leckanvy, County Mayo, and the CeltixConnect-1 and CeltixConnect-2 systems landing in the Dublin area, creating EXA as the dominant cable system operator and landing station real estate holder on Ireland's Atlantic west coast. Microsoft Corporation, United States, filed regulatory applications for three Ireland-UK subsea cables in January 2025, with each new cable system generating landing station real estate requirements at Irish termini in addition to Microsoft's existing co-ownership and capacity positions on AEC-1, Amitie, EXA Express, Marea, and SeaMeWe-6 per TeleGeography data and Data Center Dynamics reporting. The Havfrue/AEC-2 cable, co-owned by Aqua Comms (now EXA), Meta Platforms, Google, and Bulk Infrastructure, delivers 108 Tbps of design capacity from New Jersey via its Irish landing at Old Head Beach, Leckanvy, with the multi-owner structure reflecting the industry's transition from single-operator to consortium and, increasingly, hyperscaler co-ownership models for trans-Atlantic cable systems. The Celtic Interconnector, a power transmission subsea cable connecting Ireland to France at 575 kilometres, began cable-laying operations off Ireland's southeast coast in 2023 with over EUR 530 million in EU grants and EU Project of Common Interest status per Submarine Networks reporting, adding a distinct power interconnection landing station real estate category to Ireland's subsea cable portfolio. These are some of the key factors driving revenue growth of the market.

However, the Ireland submarine cable landing station real estate market faces structural constraints that temper the pace of expansion and the geographic distribution of new cable investment. Planning and environmental permitting timelines for cable landing stations in Ireland's coastal marine environment are extending, with Amazon's Fastnet station at Owenahincha requiring Cork County Council approval with conditions covering environmental monitoring, hydrocarbon interceptors, and water quality management before construction could commence per Irish Examiner reporting of April 2026. Ireland's submarine cable infrastructure faces documented geopolitical security risks, with the Russian vessel Yantar patrolling above subsea cables in the Irish Sea and deploying drones in November 2024 requiring Irish Defence Forces escorts and with the CSIS analysis of September 2025 documenting Russian mapping of cable landing stations and geopolitical actor endorsement of cable infrastructure attacks as legitimate military objectives. The concentration of cable landing stations on Ireland's west coast around Mayo and Galway creates resilience vulnerability, as a single disruptive event in a geographically constrained coastal corridor could affect multiple cable systems simultaneously. Iran-US geopolitical tensions and LNG price volatility through the Strait of Hormuz, as confirmed by IMF March 2026 analysis, create upward pressure on Irish electricity prices given Ireland's dependence on gas-fired generation, increasing the continuous power costs of landing station repeater power feeding and network operations infrastructure. These factors substantially limit Ireland submarine cable landing station real estate market growth over the forecast period.

Troview Analyst Perspective

Ireland's cable landing station market has a paradox at its centre. The country is the EU's most important transatlantic cable gateway by volume of capacity and by hyperscaler data centre proximity, yet most of its landing stations are utilitarian concrete buildings on remote western coastlines that have no colocation revenue, no direct enterprise connectivity, and no institutional investor audience that currently prices them as real estate assets. The market inflection point will be Amazon's Fastnet station in Cork opening in 2028. That facility will be the first purpose-built hyperscaler private landing station in the country owned by the same company that operates 15 data centres 150 kilometres away in Dublin and it will force the market to re-examine what the cable landing station real estate on the County Mayo west coast is worth to the operators of the AEC-1, AEC-2, and AEC-3 systems that land within 20 kilometres of each other at Killala and Leckanvy. The answer, once institutional investors begin applying the logic Amazon has demonstrated, is substantially more than any current valuation implies." Troview Intelligence Head of Ireland Submarine Cable Landing Station Research

SEGMENT INSIGHTS

By Coast
West coast Atlantic landing zone is expected to account for a significantly large revenue share in the Ireland submarine cable landing station real estate market during the forecast period.Based on coast, the Ireland submarine cable landing station real estate market is segmented into the west coast Atlantic landing zone comprising County Mayo, County Galway, and County Clare; the east coast Dublin and Wexford zone; and the south coast Cork landing zone. The west coast Atlantic landing zone accounts for the largest share of transatlantic cable system landings in Ireland, with the AEC-1, AEC-2/Havfrue, AEC-3/Amitie, IRIS, and PISCES systems all landing in County Mayo or County Galway, reflecting the geographic advantage of the western Irish coastline which faces directly toward the North American Atlantic coast in minimising cable length and latency for transatlantic routes.The south coast Cork landing zone is expected to register the fastest revenue CAGR during the forecast period, driven by the Amazon Fastnet cable's planned 2028 service date at Owenahincha, County Cork, which will introduce the first 320 Tbps capacity system to Ireland's southern coastline and provide geographic diversity from the west coast Mayo-Galway corridor, while the east coast Dublin and Wexford zone maintains its importance through EXA's Clonshaugh landing station the country's primary carrier-neutral landing facility and the Beaufort cable's planned landing at Kilmore Quay, County Wexford.
By Ownership Model
Independent and carrier-neutral landing station segment is expected to account for a significantly large revenue share in the Ireland submarine cable landing station real estate market during the forecast period.Based on ownership model, the Ireland submarine cable landing station real estate market is segmented into independent and carrier-neutral landing stations, hyperscaler privately-owned landing stations, and telecommunications carrier-owned landing stations. Independent and carrier-neutral landing stations led by EXA Infrastructure's Clonshaugh Business Park facility in Dublin, which serves multiple cable systems and is co-located with Amazon's Dublin data centre campus account for the largest share of established landing station real estate value in Ireland, as the aggregation of multiple cable terminations at a single location creates interconnection density that attracts further cable investment.Hyperscaler privately-owned dedicated landing stations are expected to register the fastest revenue growth through 2035, with Amazon's Fastnet station at Owenahincha establishing the template for hyperscaler-owned, purpose-designed landing stations integrated with the operator's data centre campus network. The Fastnet station's approval in April 2026 represents the first instance of a hyperscaler constructing a dedicated, privately-owned cable landing station in Ireland, and the precedent it sets is likely to be followed by Google and Meta as they expand their private cable infrastructure in the trans-Atlantic market beyond consortium participation.
03LANDING PROFILES

Five Coastal Landing Zones Defining Ireland's Cable Real Estate Geography

COUNTY MAYO LARGEST CABLE CONCENTRATION IN IRELAND
Primary Landing PointSecondary LandingCable SystemsOperators
Leckanvy (Old Head Beach) AEC-2/HavfrueKillala AEC-1 (5,534 km to New York)AEC-1, AEC-2/Havfrue, IRIS, PISCESEXA Infrastructure (formerly Aqua Comms)

County Mayo hosts the largest concentration of transatlantic submarine cable landings in Ireland, anchored by EXA Infrastructure's (formerly Aqua Comms) landing positions at Leckanvy and Killala that together terminate the AEC-1 and AEC-2/Havfrue cable systems providing direct links to New York and the broader North American eastern seaboard. The AEC-1 cable, launched in 2016 and spanning 5,534 kilometres between Shirley, New York and Killala, County Mayo, is operated by EXA following its acquisition of Aqua Comms in December 2025 and provides high-capacity, low-latency transatlantic connectivity that serves as the backbone of Ireland's direct US-to-Ireland broadband capacity. The AEC-2/Havfrue cable lands at Old Head Beach, Leckanvy, delivering 108 Tbps of design capacity as a trans-North Atlantic system co-owned by EXA, Meta Platforms, Google, and Bulk Infrastructure, with the Mayo landing point serving as the Irish terminus for traffic routed across the entire Havfrue system to New Jersey and onward to Denmark and Norway. The geographic clustering of multiple cable systems within a 20-kilometre coastal radius at the Killala-Leckanvy corridor creates a cable landing zone resilience concern that is being monitored by Irish Defence Forces following the Yantar surveillance incidents of 2024.

COUNTY CORK FASTEST-GROWING LANDING ZONE AWS FASTNET 2028
AWS Fastnet StationFastnet CapacityExisting Cork CableStrategic Value
Owenahincha approved Apr 2026, opens 2028320 Tbps Maryland, US to County Cork, IrelandEXA Express (Hibernia) Hollyhill, CorkGeographic diversity from west coast Mayo-Galway hub

County Cork is Ireland's fastest-growing submarine cable landing zone, with Amazon Web Services receiving Cork County Council planning approval on April 20, 2026 for its Fastnet cable landing station at Owenahincha, serving as the European terminus of the Fastnet transatlantic system linking Maryland to Cork with 320 Tbps capacity. Taoiseach Micheal Martin stated in November 2025 that the Fastnet cable will help Ireland become a true gateway to Europe for submarine telecommunications cables and will enhance the country's global connectivity per verified Irish Government press releases. The Fastnet system incorporates optical switching branching unit technology enabling future route diversity, is designed specifically to handle growing AI traffic loads with armoured nearshore cable protection against natural and human threats, and will integrate directly into AWS's global network infrastructure spanning 38 geographic regions and 120 availability zones connected by over nine million kilometres of terrestrial and subsea fibre per AWS company disclosure. Cork's only existing major transatlantic cable prior to Fastnet is the EXA Express (formerly Hibernia Express), which lands at the Hollyhill Industrial Estate in Cork at 53 Tbps capacity approximately one-sixth the capacity of the forthcoming Fastnet system confirming that the Fastnet landing will transform Cork from a secondary into a primary Irish cable landing zone by capacity within a single cable deployment cycle.

COUNTY DUBLIN AND EAST COAST PRIMARY CARRIER-NEUTRAL HUB AND HYPERSCALER CAMPUS GATEWAY
EXA Clonshaugh StationAmazon Data CentresCable SystemsBeaufort Cable
Primary carrier-neutral Dublin landing5 facilities at Clonshaugh Business ParkCeltixConnect-1, CeltixConnect-2, EXA AtlanticIreland-UK, Kilmore Quay, Wexford Amazon/Vodafone

County Dublin and the Irish east coast host the primary carrier-neutral cable landing station in Ireland EXA Infrastructure's facility in Clonshaugh Business Park, Dublin which is co-located with five Amazon Web Services data centres and serves as the terrestrial interface for CeltixConnect-1, CeltixConnect-2, the EXA Atlantic cable, and other short-distance Ireland-UK systems that provide onward routing for traffic arriving at Ireland's west coast Atlantic landing stations. The Clonshaugh co-location of EXA's landing station and Amazon's data centre infrastructure is the model that Amazon is now replicating at scale with its privately-owned Fastnet station in Cork, providing direct landing-station-to-data-centre fibre connectivity that eliminates the terrestrial haul and third-party interconnection costs that carriers face when routing between geographically separate landing stations and data centre campuses. The Beaufort cable, a collaboration between Amazon and Vodafone connecting Ireland to the UK, is planned to land at the former ESAT 1 station at Kilmore Quay, County Wexford, on the Irish east coast, adding a further hyperscaler-backed landing position to the east coast cable infrastructure that complements the transatlantic capacity arriving at west coast Mayo and Galway landings.

MAJOR COMPANIES

EXA Infrastructure (Clonshaugh, Mayo)
United Kingdom
Aqua Comms (EXA subsidiary, AEC-1/2/3)
Ireland
Amazon Web Services (Fastnet, Beaufort)
United States
Meta Platforms (Havfrue co-owner)
United States
Google LLC (Havfrue, Grace Hopper)
United States
Microsoft Corporation (AEC-1, Amitie)
United States
Vodafone Group (Beaufort co-owner)
United Kingdom
EirGrid (East-West Interconnector)
Ireland
Tiger Infrastructure Partners (Celtic Interconnector financing)
United States
Bulk Infrastructure Group (Havfrue)
Norway
IDA Ireland (FDI site facilitation)
Ireland
SubCom LLC (cable maintenance)
United States

STRATEGIC DEVELOPMENTS

Apr 2026
Cork County Council, Ireland, granted formal planning permission to Amazon Web Services, United States, to construct the Fastnet cable landing station at Owenahincha, County Cork, with conditions covering environmental monitoring, hydrocarbon interceptors, water quality management, and monthly inspections, marking the formal approval of Ireland's first hyperscaler-owned dedicated transatlantic cable landing station with 320 Tbps capacity and a 2028 operational date, designed to handle growing AI traffic loads and to provide geographic diversity from the existing west coast Mayo-Galway cable corridor per Submarine Networks and Irish Examiner reporting of April 2026.
Jan 2026
EXA Infrastructure, United Kingdom, completed its acquisition of Aqua Comms, Ireland, for approximately USD 59 million, consolidating control of the AEC-1 landing at Killala, County Mayo, the AEC-2/Havfrue landing at Leckanvy, County Mayo, and the CeltixConnect cable systems landing in County Dublin, creating EXA as the dominant cable system operator and landing station real estate holder on Ireland's west coast and the operator of the primary carrier-neutral landing station at Clonshaugh Business Park, Dublin per RCR Wireless reporting of January 2026 and Data Center Dynamics reporting.
Jan 2025
Microsoft Corporation, United States, filed regulatory applications for three Ireland-UK subsea cables in January 2025, with each cable system requiring landing station real estate at Irish and UK termini, building on its existing co-ownership and capacity positions on AEC-1, Amitie, EXA Express, Marea, New Cross Pacific, and SeaMeWe-6, and with the three new cable applications representing the largest single wave of Microsoft subsea cable filings in the trans-Atlantic market per Data Center Dynamics reporting of January 2025.
Nov 2025
Taoiseach Micheal Martin, Ireland, publicly welcomed the announcement of Amazon's Fastnet transatlantic cable, stating it will help Ireland become a true gateway to Europe for submarine telecommunications cables and will enhance global connectivity and reinforce Ireland's status as a leading digital hub, while Ireland's Defence Forces were simultaneously confirming delivery of an USD 80 million sonar system to protect subsea cables and gas pipelines extending 370 km from the western coast, expected to be completed in 2027 and designed to monitor the Irish Exclusive Economic Zone for vessels seeking to interfere with critical undersea infrastructure per CSIS analysis of September 2025 and verified Irish Government press releases.
2023
Cable-laying operations commenced off Ireland's southeast coast for the Celtic Interconnector, a 575-kilometre HVDC subsea power cable connecting the Irish and French electricity grids that will become the world's longest XLPE subsea interconnector, with the project having received over EUR 530 million in EU grants and recognition as a Project of Common Interest by the European Union, financed by Tiger Infrastructure Partners with EirGrid, Ireland's state-owned power transmission operator, as the Irish project authority, adding a distinct power interconnection landing station asset class to Ireland's subsea cable real estate portfolio per Submarine Networks reporting.

Ordered 2026 first. All developments sourced from verified company announcements, Cork County Council planning records, TeleGeography data, and verified trade press.

KEY QUESTIONS ANSWERED

01
What is the total size of the Ireland submarine cable landing station real estate market in 2025 and what revenue is projected by 2035 at the forecast CAGR of 13.6%?
02
How does the geographic distribution of Ireland's cable landing stations AEC-1 and AEC-2/Havfrue at Killala and Leckanvy in County Mayo, CeltixConnect and EXA Atlantic at Clonshaugh in Dublin, EXA Express at Hollyhill in Cork, and the forthcoming Fastnet at Owenahincha in Cork create concentration risk in the Mayo-Galway corridor and drive investment in geographic diversification toward the south coast?
03
What is the impact of EXA Infrastructure's USD 59 million acquisition of Aqua Comms on the competitive structure of Ireland's cable landing station real estate market, the valuation of the AEC-1, AEC-2/Havfrue, and CeltixConnect landing positions, and the long-term ownership trajectory of the west coast landing station real estate that EXA now controls?
04
How is the Russian Yantar patrol incident of November 2024, Ireland's USD 80 million sonar system investment, and NATO's heightened focus on subsea cable security affecting the physical security infrastructure requirements and insurance costs of Irish cable landing station real estate, and how are operators including EXA and AWS incorporating security requirements into their landing station design?
05
What does the combination of 82 existing data centres, Amazon's USD 11.9 billion investment since 2012, and the landing of at least 10 active or planned submarine cable systems in Ireland mean for the country's real estate market for adjacent terrestrial fibre routes connecting landing stations to hyperscaler data centre campuses, and which corridors Mayo to Dublin, Cork to Dublin, and Wexford to Dublin represent the highest-value dark fibre infrastructure investments?
06
How is the Celtic Interconnector's EUR 530 million in EU grants and Project of Common Interest status establishing a template for EU-funded power interconnection cable landing station development in Ireland, and what additional HVDC and offshore wind power transmission cable systems are planned to land in Ireland between 2026 and 2035 under the EU Green Deal and REPowerEU frameworks?

TABLE OF CONTENTS

01
Ireland Submarine Cable Landing Station Real Estate Market Overview
02
Market Size, Growth, and Forecast 2025 to 2035
03
Market Drivers Hyperscaler Data Centre Density, Atlantic Gateway Position, EU Digital Sovereignty
04
Market Restraints Geopolitical Security, Planning Complexity, LNG Energy Cost, Geographic Concentration
05
Segment Analysis By Coast, Ownership Model, and End-User Sector
06
Landing Profile County Mayo (AEC-1, AEC-2/Havfrue, IRIS, PISCES)
07
Landing Profile County Cork (EXA Express, Fastnet AWS 2028)
08
Landing Profile County Dublin and East Coast (EXA Clonshaugh, CeltixConnect)
09
Landing Profile County Galway and County Wexford
10
Geopolitical Security Framework Irish Defence Forces, Russian Yantar, NATO HEIST
11
Power Interconnection Celtic Interconnector, East-West Link, EU Green Deal Cables
12
Terrestrial Fibre Routes Landing Station to Data Centre Dark Fibre Infrastructure
13
Competitive Landscape EXA/Aqua Comms, AWS, Microsoft, Meta, Google, Vodafone
14
Strategic Developments and Investment Activity