Jul 13, 2023 | Posted by Abdul-Rahman Oladimeji | Madrid
In anticipation of a potential sale-leaseback transaction, Spanish insurance company Mapfre is listing its data center for sale. According to Cinco Dias, the company has hired CBRE to find a buyer for the Tales de Mileto building in the Alcalá de Henares neighborhood of Madrid.Mapfre launched ...
Mar 30, 2023 | Posted by Abdul-Rahman Oladimeji | EXA Infrastructure
Since its founding in 2021, Exa Infrastructure has spent $42.5 million in digital infrastructure for the Iberian Peninsula, Spain. Sixty-two miles of Barcelona's metro network have been upgraded, linking various data centers, including those owned by Interxion, Equinix, Edge Energy, and EdgeCo...
Mar 14, 2023 | Posted by MadalineDunn | Madrid
Thor Equities has announced it has launched its own data center development company, named Form8tion data centers, which is reportedly now marketing Thor’s maiden project in Madrid, Spain, named ‘Madrid One’ campus. This facility will offer up to 100MW of capacity spanning 60,000 sqm (645,850 ...
Nov 02, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
Thor Equities has announced the acquisition of a former Coca-Cola bottling plant in Madrid, Spain. The site is planned for a data center campus development. Swiss real estate investment company Stoneweg completed the sale on behalf of the Icona Capital Group to Thor. None of the companies reve...
Jul 25, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
According to Cinco Dias, Spanish data center developer Xdata is looking to offload a stake in its company to help fund its 100MW Madrid data center campus development. The company has reportedly contacted CBRE and Morgan Stanley to seek an investor. Stoneshield established XData Properties in ...
Jul 18, 2022 | Posted by MadalineDunn | Madrid
Web hosting service, SiteGround, has announced that it has opened a new data center in Madrid, Spain, the seventh SiteGround data center to open around the world and the fourth in Europe. In addition to the new facility, the company also announced the expansion of its content delivery network ...
Apr 22, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
Thor Equities has announced its plans to move into data centers. The US real estate group, is also looking to develop its first data center in Madrid, Spain. Thor Equities will be doing this by launching a new data center division called Thor Digital. The new unit will be headed by Roy Gibbens...
Jan 26, 2022 | Posted by Abdul-Rahman Oladimeji | Madrid
Great news for Spain as plans for a 360MW data center campus in Madrid, Spain, is underway. The data center will be developed on a 700-hectare site, and investment is expected to reach up to €5 billion ($5.67bn). The Digital Valley project is to be a ‘reference model’ for sustainability in dat...
Sep 20, 2021 | Posted by Abdul-Rahman Oladimeji | EXA Infrastructure
I Squared Capital has completed the acquisition of GTT’s infrastructure business. It has also launched a new Company with the name Exa Infrastructure in the process. I Squared Capital acquired GTT Communications’ subsea, data center assets, and terrestrial network infrastructure. The acquired ...
May 14, 2021 | Posted by MadalineDunn | Madrid
Rolls-Royce has announced that it has installed and commissioned eight mtu emergency gensets with 9.2MWe power output at a major bank in Madrid. The installation was made to secure power supply in case of a public power grid failure in the region. Rolls-Royce will ensure power s...
Feb 19, 2021 | Posted by Bob Tester | EXA Infrastructure
It is being reported that GTT Communications is considering bankruptcy. A potential bankruptcy would interrupt the infrastructure sale (which was primarily the former Interoute, KPN and Hibernia) for $2.15 billion. We will be watching closely as the story develops.Additional Information: http...
Oct 16, 2020 | Posted by Bob Tester | EXA Infrastructure
GTT has announced that it has signed an agreement to sell its Infrastructure division to I Squared Capital (ISQ) for $2.15 billion. GTT signaled plans to sell the infrastructure business last fall when it hired Credit Suisse Group and Goldman Sachs as financial advisors. It's expected that IS...