Latest news with #EDGNEXDataCenters
Gulf Business
31-03-2025
- Business
- Gulf Business
EDGNEX Data Centers by DAMAC eyes Nordic expansion
Image: DAMAC UAE-based EDGNEX Data Centers by DAMAC is reportedly in advanced discussions to acquire data centres across the Nordics, marking another step in its ambitious international expansion. The move is part of the company's strategy to develop up to 1,500MW of next-generation, sustainable digital infrastructure in the region, according to independent sources. If finalised, the deal would strengthen EDGNEX's footprint in Europe, complementing its recently announced Madrid facility and aligning with its broader vision to establish a global platform serving hyperscalers, AI companies, and enterprise clients. Strategic expansion into the Nordics The potential acquisition in the Nordics is in line with EDGNEX's objective to build a sustainable and high-capacity data centre portfolio across key global markets. The region is an attractive location for data centres due to its abundant renewable energy, favourable climate for cooling, and growing demand for digital infrastructure from global technology firms. The expansion would enable US market entry with $20bn investment This development follows The company's US strategy focuses on key Sunbelt states, including Texas, Arizona, Oklahoma, and Louisiana, and the Midwest states such as Ohio, Illinois, Michigan and Indiana. Commenting on the investment at the time, Sajwani said, 'Our foray into the US market in data centres represents a significant milestone in our journey to build a global digital infrastructure platform that will empower businesses today and in the future. Leveraging our expertise in real estate and data centers, we aim to deliver best-in-class infrastructure that supports the next wave of cloud and AI growth.' The first phase of EDGNEX's US expansion includes the acquisition of land banks, partnerships with utilities, and joint ventures to establish an initial capacity of 500MW — one in the Sunbelt and one in the Midwest. Strengthening European presence with Madrid facility EDGNEX has also been expanding its European footprint, acquiring a prime 22,000 square metre site in Madrid for the development of a 40MW data centre in October last year. The facility, located in the Vicalvaro region, is set to commence operations by 2026. Madrid is increasingly becoming a key data centre market outside of the traditional FLAPD hubs (Frankfurt, London, Amsterdam, Paris, and Dublin), driven by strong demand for high-quality digital infrastructure. EDGNEX focused on growing global footprint EDGNEX currently operates in countries such as the UAE, Saudi Arabia, Turkey, Thailand, Malaysia, Indonesia, Greece, Spain and Italy, with a projected capacity of over 1,000MW. The company's existing operational data centres include a 10MW facility in Saudi Arabia and a 5MW facility in Thailand, set to be operational by Q1 2025. By 2026, EDGNEX aims to surpass 300MW of operational capacity globally.
Associated Press
18-02-2025
- Business
- Associated Press
Spain Data Center Market Investment Analysis & Growth Opportunities Report 2025-2030, with Coverage of 62 Existing and 22 Upcoming Third-party Data Center Facilities Across 19+ Cities in Spain
The 'Spain Data Center Market - Investment Analysis & Growth Opportunities 2025-2030" report has been added to offering. Spain's Data Center Market was valued at USD 2.25 billion in 2024, and is projected to reach USD 4.30 billion by 2030, rising at a CAGR of 11.40%. KEY HIGHLIGHTS Companies in the Spain data center market are procuring renewable energy for their operations. For instance, Nabiax powers its data center facilities with 100% renewable energy and the firm also promotes sustainable initiatives such as district heating, reusing the excess amount of heat generated to serve local communities enhancing energy efficiency. The Spanish government has introduced FP Conecta, a digital platform that connects vocational training students, teachers, and companies enhancing job opportunities and skills alignment across the country to address the concern related to workforce shortages in the country. The Spain data center industry is witnessing significant investment in AI-ready data centers. For instance, in October 2024, EDGNEX Data Centers by DAMAC planned to construct a new AI-ready data center in Madrid with a power capacity of around 40 MW to enhance AI and HPC capabilities. Spain is advancing digitalization rapidly, with strong support from the government to enhance digital transformation across the public and private sectors to enhance operations. Various companies are shifting their workloads to the cloud such as BBVA, a financial services and insurance company that has shifted its workloads to Google Cloud for enhancing digital solutions and boosting customer experience. Rapid digitalization will lead to the requirement of processing and storing huge data requiring the development of more data centers to process huge data to address the demand for growing digitalization across the country. In 2024, the Spain data center market witnessed new entrants such as AQ Compute, Atlantic Data Infrastructure, Best Wonder Business, Compass Data Centers, Form8tion Data Centers, Ingenostrum, Global Technical Realty, Prime Data Centers, and others. This will boost competition in the future, leading to higher revenue generation for contractors and infrastructure vendors. As AI-ready data centers are gaining priority in the market, the demand for liquid cooling solutions is expected to grow significantly. For instance, CyrusOne has invested in implementing a resilient ring chilled water-cooling system in its MAD1 data center facility. KEY REPORT FEATURES Market size available in the investment, area, power capacity, and Spain colocation market revenue. An assessment of the data center investment in Spain by colocation, hyperscale, and enterprise operators. Data center investments in the area (square feet) and power capacity (MW) across cities in the country. A detailed study of the existing Spain data center market landscape, an in-depth industry analysis, and insightful predictions about the Spain data center market size during the forecast period. Snapshot of existing and upcoming third-party data center facilities in Spain Facilities Covered (Existing): 62 Facilities Identified (Upcoming): 22 Coverage: 19+ Cities Existing vs. Upcoming (Data Center Area) Existing vs. Upcoming (IT Load Capacity) Data center colocation market in Spain Colocation Market Revenue & Forecast (2021-2030) Retail vs Wholesale Colocation Revenue & Forecast (2021-2030) Retail & Wholesale Colocation Pricing The Spain data center landscape market investments are classified into IT, power, cooling, and general construction services with sizing and forecast. A comprehensive analysis of the latest trends, growth rate, potential opportunities, growth restraints, and prospects for the market. Business overview and product offerings of prominent IT infrastructure providers, construction contractors, support infrastructure providers, and investors operating in the industry. A transparent research methodology and the analysis of the demand and supply aspects of the market. VENDOR LANDSCAPE The Spain data center market has the presence of several global support infrastructure providers that will increase its competitiveness in the market. Some of the support infrastructure vendors present in the Spain data center market include ABB, Caterpillar, Cummins, Delta Electronics, Eaton, GESAB, Legrand, Pillar Power Systems, Rittal, Rolls-Royce, Schneider Electric, STULZ, Vertiv, and others. Some of the key colocation data center investors in the Spain data center market include Adam Ecotech, Aire Networks, AtlasEdge, Colt Data Centre Services, CyrusOne, Data4, Digital Realty, EdgeConneX, Equinix, Global Switch, Iron Mountain, Merlin Properties, Nabiax, NTT DATA, and others. EXISTING VS. UPCOMING DATA CENTERS Existing Facilities in the Region (Area and Power Capacity) Madrid Other Cities List of Upcoming Facilities in the Region (Area and Power Capacity) Madrid Other Cities IT Infrastructure Providers Arista Networks Atos Broadcom Cisco Systems Dell Technologies Fujitsu Hewlett Packard Enterprise IBM Juniper Networks Lenovo Data Center Construction Contractors & Sub-Contractors ACS Group AEON Engineering Arup ARSMAGNA GROUP CapIngelec Ramboll Ferrovial IDOM ISG Hill International Mercury PQC Quark Unlimited Engineering Support Infrastructure Providers ABB Caterpillar Cummins Delta Electronics Eaton GESAB Legrand Pillar Power Systems Rittal Rolls-Royce Schneider Electric STULZ Vertiv Data Center Investors Adam Ecotech Aire Networks AtlasEdge Colt Data Centre Services CyrusOne Data4 Digital Realty EdgeConneX Equinix Global Switch Iron Mountain Merlin Properties Microsoft Nabiax NTT DATA Templus New Entrants AQ Compute Atlantic Data Infrastructure Best Wonder Business Compass Data Centers Form8tion Data Centers Ingenostrum Nethits' Telecom Global Technical Realty Pannatoni Prime Data Centers Quetta Data Centers QTS Data Centers EDGNEX Data Centres By DAMAC Pure Data Centres AVAIO Digital KEY QUESTIONS ANSWERED How big is the Spain data center market? How much MW of power capacity will be added across Spain during 2025-2030? How many existing and upcoming data center facilities exist in Spain? What is the growth rate of the Spain data center market? Who are the key investors in the Spain data center market? What factors are driving the Spain data center market? Key Attributes: Report Attribute Details No. of Pages 133 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $2.25 Billion Forecasted Market Value (USD) by 2030 $4.3 Billion Compound Annual Growth Rate 11.4% Regions Covered Spain Key Topics Covered: 1. Existing & Upcoming Third-Party Data Centers in the Spain 1.1. Historical Market Scenario 1.2. 60+ Unique Data Center Properties 1.3. Data Center IT Load Capacity 1.4. Data Center White Floor Area Space 1.5. Existing vs. Upcoming Data Center Capacity by Cities 1.6. Cities Covered 1.6.1. Madrid 1.6.2. Other Cities 1.7. List of Upcoming Data Center Projects 2. Investment Opportunities in the Spain 2.1. Microeconomic & Macroeconomic Factors for the Spain Market 2.2. Investment Opportunities in the Spain 2.3. Investment by Area 2.4. Investment by Power Capacity 3. Data Center Colocation Market in the Spain 3.1. Colocation Services Market in the Spain 3.2. Retail vs Wholesale Data Center Colocation 3.3. Demand Across Several Industries in the Spain 3.4. Colocation Pricing (Quarter Rack, Half Rack, Full Rack) & ADD-Ons 4. Market Dynamics 4.1. Market Trends 4.2. Market Enablers 4.3. Market Restraints 5. Market Segmentation 5.1. IT Infrastructure: Market Size & Forecast 5.2. Electrical Infrastructure: Market Size & Forecast 5.3. Mechanical Infrastructure: Market Size & Forecast 5.4. General Construction Services: Market Size & Forecast 5.5. Breakup of Construction Cost 5.6. Tier Standards Investment 5.6.1. Tier I & II 5.6.2. Tier III 5.6.3. Tier IV 5.7. Geography Segmentation 5.7.1. Madrid 5.7.2. Other Cities 6. Key Market Participants 6.1. IT Infrastructure Providers 6.2. Construction Contractors & Sub-Contractors 6.3. Support Infrastructure Providers 6.4. Data Center Investors 6.5. New Entrants For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. View source version on Laura Wood, Senior Press Manager [email protected] For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900 KEYWORD: SPAIN EUROPE Copyright Business Wire 2025. PUB: 02/18/2025 07:34 AM/DISC: 02/18/2025 07:33 AM
