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 that the two giants will develop together will have an initial value of 2 billion Euros. This substantial investment is considered an important step for the development of technological infrastructure.

The joint venture will start with a portfolio that has a total capacity of 1.7 gigawatts. This capacity is designed to meet both local and international data processing needs. As data center projects rise as essential parts of the digital transformation process, 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 aim to support the sustainable energy solutions that data centers provide and increase their market share in this area. Each side has a 50% stake in the collaboration, playing an equal role in decision-making processes.

Data centers are critical for the secure storage and processing of increasing digital data in today's business world. Therefore, the facility being developed is expected to be pioneering in terms of environmental sustainability and energy efficiency. Both ACS and BlackRock aim not only to achieve economic gains with this partnership but also to fulfill their environmental and social responsibilities.

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