Data Center News

Edisun to supply AI-driven data centers with power from Madrid solar plant

European solar power producer Edisun Power plans to direct power from its 941MW Fuencarral solar power plant in Madrid to data centers in the region.The company noted that the additional electricity demand from artificial intelligence and the increasingly stringent European regulations for the...

December 23, 2024

Madrid

Mapfre sells 10MW facility in Madrid

Spanish insurance firm Mapfre has sold its data center in Madrid. The company received advise on the sale-leaseback deal of its 10MW facility in Alcalá de Henares from CBRE’s Spanish unit. Paul Mortlock, senior director and head of European data center capital markets at CBRE, said, "CBRE's Eu...

February 23, 2024

Madrid

45 Sprint switch facilities to be converted into colo data centers by Cogent

Cogent Communications intends to transform the former Sprint switching plant real estate footprint acquired from T-Mobile into a substantial colocation data center portfolio. T-Mobile announced in September 2022 that it had agreed to sell its Wireline business to Cogent for a symbolic $1, with...

August 22, 2023

Cogent Communications

Spanish insurer Mapfre looks for buyer of 8MW Madrid data center

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 ...

July 13, 2023

Madrid

Thor Equity launches Form8tion Data Centers

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 ...

March 14, 2023

Madrid

Thor Acquires Coca-Cola Bottling Plant in Madrid For 100MW Data Center Development

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...

November 02, 2022

Madrid

T-Mobile Sells Data Center and Wireline Business to Cogent for $1

Cogent Communications Holdings has acquired T-Mobile’s wireline business for $1 billion. In addition, T-Mobile expects to have a pre-tax charge of $1 billion from selling the unit to Cogent. T-Mobile will also pay Cogent $350m in the first 1 year of closing the deal and another $350m over the ...

September 26, 2022

Cogent Communications

Stoneshield looking to Raise €300 million ($307.3m) to Fund 100MW Madrid Campus

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 ...

July 25, 2022

Madrid

SiteGround announces it has opened a new data center in Spain

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 ...

July 18, 2022

Madrid

Triple Double and Stonerock Capital Partners Acquire Two Properties in Miami Including a Cogent-occupied Facility

Stonerock Capital Partners and Triple Double have completed the acquisition of two properties in downtown Miami. The properties are located at 200 SE 1st Street and 44 W. Flagler Street. They paid $56.7 million for both properties. The 200 SE 1st property is a 12-story, 13,200 square meter ...

May 09, 2022

Cogent Communications

Thor Equities Sets Up Data Center Unit, To Develop a 100MW Facility in Madrid, Spain

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...

April 22, 2022

Madrid

€5 billion ($5.67bn), 360MW data center campus coming to Madrid, Spain

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...

January 26, 2022

Madrid

Rolls-Royce set to power Madrid data center in outages

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...

May 14, 2021

Madrid

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