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Data Center News > Blog > Colocation > EDGNEX Data Centers by DAMAC invests in Spain
Colocation

EDGNEX Data Centers by DAMAC invests in Spain

Last updated: October 16, 2024 9:55 pm
Published October 16, 2024
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EDGNEX Data Centers by DAMAC invests in Spain
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The 22,000 sqm facility, with the dedicated energy of 40MW, is scheduled to begin operations by 2026, underscoring DAMAC’s dedication to increasing its footprint throughout Spain and strengthening its place as a number one international information middle operator. Exterior the FLAPD markets (Frankfurt, London, Amsterdam, Paris and Dublin), Madrid is likely one of the key information middle markets with a vibrant information centre panorama and robust progress potential, underscoring the rising demand for high-quality digital infrastructure.

EDGNEX’s information middle will likely be within the Vicalvaro area, simply 10km from Madrid Worldwide Airport and 5km from the Web Alternate, providing distinctive connectivity inside two years. It’s going to considerably enhance Madrid’s information middle capability, permitting hyperscalers and enterprise purchasers to develop their availability zones. The middle can even allow companies to entry superior high-performance computing and AI capabilities, making it the popular location for innovation and digital progress.

Hussain Sajwani, Founding father of DAMAC Group, mentioned: “We plan on investing Euro 400 million in our first 40MW funding within the Spanish Knowledge Centre house. Spain’s superior connectivity, strategic location, and dedication to renewable power make it an excellent hub for increasing our high-performance infrastructure. As we proceed our international growth, we are going to ship scalable, sturdy options that serve the wants of hyperscalers and enterprise purchasers inside a speedy timeframe. Alongside extra investments in Madrid, we are going to search for alternatives in strategic areas reminiscent of Barcelona, Zaragosa, and different areas in Spain”

Our funding in Spain will pave approach for EDGNEX to spend money on different European information middle progress markets. Together with assembly the rising demand for digital infrastructure, the brand new middle will actively contribute to Spain’s sustainability targets. With 60% of the nation’s energy already generated from renewable sources, the power will likely be designed to minimise environmental impression, additional supporting eco-conscious growth. This undertaking displays the Group’s imaginative and prescient of offering scalable, environment friendly, and environmentally accountable information options throughout its rising international portfolio.

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Tarun Tyagi, Senior Vice President of DAMAC, Worldwide Enterprise, added, “Our information facilities have large potential to reinforce the nation’s competitiveness by offering companies with scalable digital infrastructure, driving innovation, sustainability, and job creation. This website is likely one of the few prime areas in Madrid with secured, totally redundant energy accessible inside two years from two unbiased substations, guaranteeing speedy deployment in a market dealing with vital demand-supply challenges.”

EDGNEX’s facility in Spain and European growth builds on DAMAC’s current information middle developments within the Center East and Turkey, with current bulletins in Bangkok and Indonesia to solidify its presence within the APAC area. The corporate goals to create long-term buyer worth by offering high-capacity, sustainable, cutting-edge information middle options in important international markets.

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TAGGED: Centers, Damac, data, Edgnex, invests, Spain
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