ACS and BlackRock 2 Billion Euro Data Center Partnership

ACS, a construction and engineering company based in Spain, announced a significant collaboration with BlackRock’s Global Infrastructure Partners (GIP) fund. The new data center partnership to be developed by the two giants will have an initial value of 2 billion Euros. This major investment is seen as an important step for the development of technological infrastructure.

The joint venture will start with a portfolio totaling 1.7 gigawatts of capacity. This capacity is designed to meet both local and international data processing needs. Data center projects are emerging as an indispensable part of the digital transformation process, and these investments will contribute to the technology of the future.

The partnership holds strategic importance for both ACS and BlackRock. With this collaboration, both companies are focused on supporting the sustainable energy solutions offered by data centers and increasing their market share in this field. Both parties hold a 50 percent stake in the collaboration, taking on an equal role in decision-making processes.

Data centers are critical for securely storing and processing the increasing digital data in today’s business world. Therefore, the developed facility is expected to be a leader in environmental sustainability and energy efficiency. Both ACS and BlackRock aim to achieve not only economic gains with this partnership but also to fulfill their environmental and social responsibilities.

ACS, which has established a strong presence in the construction sector with its experience and presence, aims to further enhance its expertise in the construction and operation of data centers with this project. On the other hand, BlackRock’s financial strength and expertise in infrastructure investments provide significant added value to the partnership.