UAE data center firm Edgnex this week announced its expansion into Europe with the acquisition of land in Madrid. The site has been acquired from real estate private equity manager ActivumSG and will host a 40MW data center. Located in the Vicalvaro region, the 236,805 sq ft (22,000 sqm) facility is due to go live in 2026.
Hussain Sajwani, founder of Damac Group, said: “We plan on investing €400 million ($435.8m) in our first 40MW investment in the Spanish data center space. Spain’s advanced connectivity, strategic location, and commitment to renewable energy make it an ideal hub for expanding our high-performance infrastructure.”
Tarun Tyagi, SVP of Damac, international business, added: “This site is one of the few prime locations in Madrid with secured, fully redundant power available within two years from two independent substations, ensuring rapid deployment in a market facing significant demand-supply challenges.”
Sajwani added: “As we continue our global expansion, we will deliver scalable, robust solutions that serve the needs of hyperscalers and enterprise clients within a rapid timeframe. Alongside looking at additional investments in Madrid, we will look for opportunities in strategic locations such as Barcelona, Zaragosa, and other locations in Spain.”
