Madrid: Thor Equity launches Form8tion Data Centers

Mar 14, 2023 | Posted by MadalineDunn

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 sq ft). 

According to Thor, phase one of the 200,000 sqm (2.1 million sq ft) campus will have a capacity of 20MW of capacity, which is expandable to more than 100MW, with renderings indicating that the campus will have five buildings across 70 acres. 

The company will be led by Simon Burrage, who doubles up as CEO of Thor Equities Group’s Thor Digital Unit. Meanwhile, Roy Gibbons is chief revenue officer and co-founder of Form8ation, who, like Burrage, is part Thor and Ark DC alumni.