Thor's Form8ation begins Madrid data center campus construction
Jul 10, 2023 | Posted by Abdul-Rahman Oladimeji
Form8tion has begun construction on its first data center in Madrid, Spain. Thor Equities established a new digital infrastructure division, Thor Digital, in April 2022, before rebranding it as Form8tion this year. In October 2022, the company acquired a former Coca-Cola bottling facility in the Nino del Remedio Industrial Estate for its Madrid One campus.
The group's 'Madrid One' facility will offer up to 100MW of capacity across 645,850 sq ft – Thor previously stated that phase one of the 2.1 million sq ft campus will offer up to 20MW of capacity, expanding to more than 100MW with an investment of approximately $640 million.
According to Form8tion renderings, the campus will contain five structures on approximately 70 acres. As per the company's website, the facilities can be dedicated for solitary occupancy from an initial 6MW to 30MW and can be delivered within 12 to 24 months. The company has stated that it will use power purchase agreements to power its sites, HVO as reserve generator fuel 'where feasible,' and install living walls at its locations.
Form8tion is collaborating on the project with building consultancy Archway Resilience and construction company Blu-3.