Data Centre Projects: Infrastructure Builds, Innovations & Updates

Nostrum, JLL partner for 800MW development in Spain

Nostrum Data Centers, a developer of sustainable data centre infrastructure across Spain and Europe, has engaged JLL, a global commercial real estate and investment management company, to advance its AI-ready platform in Spain. Leveraging JLL’s global data centre experience, Nostrum says it is aiming to strengthen its customer engagement strategy and advance Spain’s emergence as a next-generation connectivity hub. In December 2025, Nostrum announced its data centre assets will be available in 2027, with power and land secured across all sites. The company is developing 500 MW of sustainable IT capacity across Spain, with an additional 300 MW planned for expansion. The company’s six data centre developments are strategically located throughout Spain to leverage existing connectivity and power infrastructure. Each facility is in alignment with the United Nations Sustainable Development Goals (SDGs), offering a PUE of 1.1 and a WUE of zero, eliminating water usage for cooling. Sustainable development in Spain Gabriel Nebreda, Chief Executive Officer at Nostrum Group, comments, “Nostrum Data Centers has a long-term vision for balancing innovation and sustainability. "We offer our customers speed-to-market and scalability throughout our various locations in Spain, all while leading a green revolution to ensure development is done the right way as we position Spain as the next connectivity hub. “We are confident that our engagement with JLL will be able to help us bolster our efforts and achieve our long-term vision.” Jason Bell, JLL Senior Vice President of Data Center and Technology Services in North America, adds, “Spain has a unique market position with its access to robust power infrastructure; its proximity to Points of Presence (PoPs), internet exchanges, subsea connectivity; and being one of the lowest total cost of ownership (TCO) markets. “JLL is excited to be working with Nostrum Data Centers, providing our expertise and guidance to support their quest to be a leading data centre platform in Spain, as well as position Spain as the next connectivity hub in Europe and beyond.” For more from Nostrum Data Centers, click here.

Global data centre build-out projected to require $3tn

The global data centre sector is poised for continued unprecedented expansion, with capacity expected to nearly double from 103 GW to 200 GW by 2030, according to real estate and investment management company JLL’s newly released 2026 Global Data Center Outlook report. Artificial intelligence is rapidly reshaping the data centre landscape, and JLL anticipates AI workloads will represent half of all data centre capacity by 2030. Despite rapid growth, the fundamentals for the sector remain healthy and property metrics do not point to a bubble. The explosive growth will require up to $3 trillion (£2.2 trillion) in total investment over the next five years, including $1.2 trillion (£887 billion) in real estate asset value creation and approximately $870 billion (£643 billion) in new debt financing, marking an infrastructure investment supercycle. “We’re witnessing the most significant transformation in data centre infrastructure since the original cloud migration,” notes Matt Landek, Global Division President, Data Centers and Critical Environments at JLL. “The sheer scale of demand is extraordinary. Hyperscalers are allocating $1 trillion (£739 billion) for data centre spend between 2024 and 2026 alone, while supply constraints and four-year grid connection delays are creating a perfect storm that’s fundamentally reshaping how we approach development, energy sourcing, and market strategy.” AI drives transformation AI workloads could represent 50% of all data centre capacity by 2030, compared to approximately 25% in 2025. JLL anticipates a critical inflection point in 2027 when AI inference workloads will overtake training as the dominant requirement. “We’re witnessing the emergence of an entirely new infrastructure paradigm where AI training facilities demand 10x the power density and command 60% lease rate premiums over traditional data centres,” explains Andrew Batson, Global Head of Data Center Research at JLL. “Beyond the economics, AI has become a matter of national strategic importance, driving countries to develop domestic capabilities through sovereign infrastructure investments that represent an $8 billion (£6 billion) CapEx opportunity by 2030.” AI chips are projected to grow their total revenue share from 20% to 50% of the semiconductor market by 2030, with custom silicon expected to capture 15% market share as hyperscalers develop their own processors. The future could include emerging technologies like neuromorphic computing for ultra-efficient inference tasks that could reduce infrastructure demands and enable data centres to be more power-efficient. Regional growth patterns The Americas will maintain its position as the largest data centre region, representing about 50% of global capacity and achieving the fastest growth rate through 2030. The Asia-Pacific (APAC) region is projected to expand from 32 GW to 57 GW, while Europe, the Middle East, and Africa (EMEA) will add 13 GW of new supply. Each region faces distinct market dynamics that will shape development strategies. In APAC, colocation is leading growth, while on-premise capacity is projected to decline 6% as enterprises continue cloud migration. EMEA’s growth forecast is fuelled by strong demand from hyperscalers, with growth concentrated in established European hubs like London, Frankfurt, and Paris, alongside emerging Middle Eastern markets pursuing digital transformation strategies. The US continues to drive most activity in the Americas, accounting for about 90% of regional capacity. Market fundamentals remain strong Property metrics do not indicate a bubble, as JLL’s analysis indicates the sector maintains healthy fundamentals with 97% global occupancy and 77% of the construction pipeline pre-committed to tenants. Global lease rates are forecast to increase at a 5% CAGR through 2030, with the Americas leading at 7% annual growth due to severe supply constraints. Despite developers preordering materials up to 24 months in advance, more than half of projects in 2025 experienced construction delays of three months or more. The average equipment lead time globally is now 33 weeks, a 50% increase from pre-2020 levels. The industry is responding through modular construction solutions, with annual sales of modular systems and micro data centres projected to reach $48 billion (£35 billion) by 2030. “The increase in equipment lead times is affecting APAC just as it is globally, but strong pre-commitment levels demonstrate continued confidence in the market,” says Glen Duncan, JLL Data Center Research Director, Asia Pacific. Energy and sustainability challenges Energy sourcing remains a critical challenge, with average grid connection lead times exceeding four years in primary markets. Due to utility interconnection delays and mounting pressure from rising grid electricity costs, some operators are moving to directly fund their own energy generation, and several markets have implemented de facto 'bring your own power' mandates, including Dublin and Texas. Data centres are also adopting diverse regional energy strategies to address grid constraints. Natural gas is projected to play a major role in alleviating grid constraints in the US, both for temporary bridge power and increasingly for permanent on-site power generation. The four primary hyperscalers are already fully matching their US data centre portfolios with renewable energy. In EMEA, projects combining renewables and private wire transmission can reduce the cost of power for tenants by 40% compared to the grid. Battery energy storage systems (BESS) are gaining momentum, enabling cost-effective handling of short-duration outages and positioning the technology as a dynamic grid asset to speed up interconnection timelines. Additionally, solar-plus-storage will become a key component of global data centre energy strategies by 2030, with renewable energy costs projected to outcompete fossil fuels across all major regions. “As regulatory and stakeholder expectations around renewable energy sourcing increase globally, data centre operators will face heightened scrutiny over their energy procurement,” suggests Martin Jensen, EMEA Division President, Data Centers at JLL. “While renewables like solar and wind remain the dominant focus of clean energy strategies, power sources such as nuclear are gaining attention for their ability to provide reliable electricity and help balance sustainability requirements with operational continuity; however, significant new nuclear capacity is unlikely to be widely deployed before the 2030s.” Capital markets evolution The sector is experiencing significant capital markets maturation, with core investment strategies now representing 24% of fundraising activity, up from less than 10% previously. More than $300 billion (£221 billion) in global M&A activity has occurred since 2020, though future investment is expected to shift towards recapitalisations and joint ventures as the market matures. Global data centre core fund capital formation could top $50 billion (£37 billion) in 2026, with strategies targeting returns of 10% or more. ABS and CMBS securities are quickly becoming a solution for financing rapid sector expansion, with issuance volumes roughly doubling every year since 2020 and projected to reach $50 billion (£37 billion) in 2026. For more from JLL, click here.

Duos Edge AI expands US edge data centres

Duos Technologies Group, through its subsidiary Duos Edge AI, a provider of edge data centre (EDC) systems, has expanded its EDC footprint in Texas and entered the Illinois market, serving the Greater Chicago area. The company reports continued deployments across several Texas locations and that the Illinois site represents its first installation in the Midwest. Duos Edge AI says further sites are planned as part of a broader geographic expansion. Texas and Midwest deployments In Texas, Duos Edge AI has added two edge data centres in Lubbock to support carrier neutral requirements. The company has also deployed sites supporting education, healthcare, and service providers in Amarillo, Victoria, Waco, Dumas, and Corpus Christi. The Illinois deployment is located in the Greater Chicagoland area and is described as the first of multiple planned installations in the Midwest. According to the company, the Lubbock sites are intended to address service provider demand, while the broader Texas portfolio supports a range of public and private sector use cases. Duos Edge AI’s modular edge data centres include security controls aligned with SOC 2 Type II certification under AICPA standards. The company also references its patented modular data centre entryway design, which is intended to protect equipment in controlled environments. Commenting on the expansion, Doug Recker, President of Duos and founder of Duos Edge AI, says, “Expanding within Texas and into the Illinois market is a meaningful milestone that reflects both execution discipline and rising demand for our Edge Data Center. "We are building a scalable, repeatable deployment model that supports education, carriers, and enterprises with secure, low-latency infrastructure. "These expansions align with our growth strategy and reinforce our confidence in continued momentum as we execute against our long-term guidance.” Duos Edge AI states that it plans to expand into additional US states, focusing on carrier neutral facilities that support localised compute and edge infrastructure requirements in a range of markets. For more from Duos Edge AI, click here.

CapitaLand India Trust divests data centre stakes

CapitaLand India Trust (CLINT), a Singapore-listed business trust investing in data centres, IT parks, industrial facilities, and logistics across India, has entered into definitive agreements to divest 20.2% stakes in three data centre assets under development to CapitaLand India Data Centre Fund (CIDCF). The transaction has an estimated total purchase consideration of ₹7.02 billion (S$99.73 million; £57.8 million). The consideration is based on 20.2% of the combined enterprise value of the three assets, amounting to ₹51.97 billion (S$738.2 million; £428.3 million) as of 31 December 2025. This valuation will be adjusted for liabilities, working capital, and capital expenditure, and remains subject to post-completion adjustments. According to the Trust, the agreed enterprise value was negotiated on a willing-buyer and willing-seller basis and represents a premium to the independent valuation of ₹45.70 billion (S$649 million; £376.6 million) as at 31 December 2025. Details of the data centre assets The three data centres included in the transaction are located in Mumbai, Chennai, and Hyderabad. In Navi Mumbai, CapitaLand DC Mumbai consists of two towers in Airoli. Tower one is completed with an IT power capacity of 34MW and a gross capacity of 50MW, while tower two remains under development with planned capacities of 37MW IT and 55MW gross. CapitaLand DC Chennai, located in Ambattur, is under development and is expected to provide 34MW of IT capacity and 53MW of gross capacity. CapitaLand DC Hyderabad, situated in Madhapur, is also under development, with planned capacities of 27MW IT and 42MW gross. In September 2025, CLINT divested CyberVale in Chennai and CyberPearl in Hyderabad, marking the Trust’s first divestment since its listing in 2007. The partial divestment of its data centre portfolio follows this earlier transaction and forms part of what CLINT describes as its broader approach to managing and realising the value of its development assets. Commenting on the transaction, Gauri Shankar Nagabhushanam, Chief Executive Officer of CapitaLand India Trust Management, the trustee-manager of CLINT, says, “The partial divestment reflects continued execution of our portfolio reconstitution strategy. "By unlocking value earlier in the development cycle while retaining a significant stake in the assets, we are able to support our development pipeline and enhance financial flexibility. “We are pleased to be partnering with CIDCF and remain invested in the future growth of India’s data centre sector through our remaining stake in the portfolio. "The partnership with CIDCF also provides CLINT the right to participate in a partial stake in future data centre developments by our sponsor and potentially buy back the assets or explore exit options such as an initial public offering of the assets. "Post-transaction, CLINT remains well-positioned to pursue accretive and higher yielding investment growth opportunities in key Indian cities to create value for our Unitholders.”

AirTrunk opens hyperscale data centre campus in Melbourne

AirTrunk, a hyperscale data centre specialist in the Asia Pacific & Middle East region, has announced the acquisition of a new site in Melbourne’s North West for its second Melbourne campus, to be known as MEL2. With over 354MW capacity, MEL2 will add more than AUD $5 billion (£2.48bn) in new direct investment and lift AirTrunk’s total deployable capacity in Melbourne to over 630 MW. Across MEL1 and MEL2, AirTrunk’s investment in the city’s digital infrastructure will exceed AUD $7 billion (£3.45bn), delivering one of the largest economic and productivity boosts to Victoria. MEL2 is expected to create over 4,000 jobs during the multi-phase construction and over 200 direct jobs, once operational. In addition, AirTrunk will boost the local supply chain creating in excess of 1,000 full-time jobs to support its data centres. The new site will complement AirTrunk’s existing Australian campuses, giving global AI and cloud customers greater geographical diversity across the Sydney and Melbourne markets. AirTrunk will operate five campuses nationally - SYD1 (121 MW+), SYD2 (158 MW+), SYD3 (330 MW+), MEL1 (276 MW+), and MEL2 (354 MW+) - delivering a combined capacity of more than 1.2 GW. Robin Khuda, Founder & CEO of AirTrunk, says, “Australia has set bold ambitions to become a global AI hub, and demand for AI ready infrastructure continues to grow. MEL2 is part of our response. Working closely with Invest Victoria, we’re expanding in Melbourne to support Australia’s AI future while creating new opportunities for local business and communities. “AI data centres require significant upfront investment, and AirTrunk’s strong balance sheet and proven regional track record helps give global AI customers confidence in reliable, on time deployment in Australia.” Victorian Premier, the Hon. Jacinta Allan, adds, “Victoria is leading Australia’s digital transformation, and investments like this will strengthen our state’s position as a hub for cloud and AI innovation, create thousands of jobs, and deliver sustainable infrastructure that supports our growing technology ecosystem." AirTrunk’s expansion in Melbourne follows last week’s announcement of a new hyperscale campus in Osaka, Japan, delivering up to 100MW of IT load in Japan and a AUD $3 billion-plus (£1.48bn) new direct investment in Japan. OSK2 and MEL2 - which will become AirTrunk’s fourteenth and fifteenth data centres respectively - expand the company’s hyperscale platform to deliver a total capacity in excess of 2.6 GW across six markets in Asia Pacific and Middle East: Australia, Singapore, Japan, Malaysia, Hong Kong and Saudi Arabia. AirTrunk’s Melbourne expansion comes as Australia advances its National AI Plan, released in late 2025, which outlines the country’s ambition to become a global hub for artificial intelligence. The plan is built around three pillars: capturing the opportunity through investment in infrastructure and skills, spreading the benefits across industries and communities, and keeping Australians safe through responsible AI governance. By delivering a new hyperscale data centre in Melbourne, AirTrunk says that it is directly supporting these national goals, enabling smarter government services, faster business innovation, and stronger human connection, while creating opportunities for local talent and suppliers. For more from AirTrunk, click here.

Yondr completes RFS milestone at Northern Virginia campus

Yondr Group, a global developer, owner, and operator of hyperscale data centres, has completed the first ready-for-service (RFS) milestone for the second building at its 96MW hyperscale data centre campus in Loudoun County, Northern Virginia, USA. The milestone marks the delivery of the first 12MW of capacity within a 48MW facility, which forms part of Yondr’s wider Northern Virginia development. The second building is scheduled to become fully operational in 2026. Developed in partnership with JK Land Holdings, the project supports Yondr’s strategy to deliver additional cloud and digital infrastructure capacity as global data demand continues to rise, driven in part by the growing adoption of artificial intelligence workloads. Yondr completed the first 48MW data centre at the Northern Virginia campus in 2024. The company also has a further 240MW of capacity planned on an adjacent parcel of land, which would bring the total campus capacity to 336MW. Northern Virginia remains one of the world’s most established data centre markets, accounting for close to 60% of the primary data centre inventory in the United States and hosting more than 30 million square feet of operational data centre space. Continued expansion across North America Yondr says the Loudoun County development reflects its broader growth strategy across North America. In addition to Northern Virginia, the company currently has a 27MW project under development in Toronto and has secured a 163-acre site in Lancaster, south of Dallas, where it plans to develop a 550MW hyperscale campus. Todd Sauer, VP Design & Construction Americas at Yondr Group, says, “This RFS milestone is the latest in a series of achievements across our North American data centre portfolio and continues the strong progress we’re making in the important Northern Virginia market.” John Madden, Chief Data Centre Officer at Yondr Group, adds, “As demand for capacity continues to increase, we are stepping up our investment in North America, a high-growth, dynamic market full of opportunities. "We look forward to expanding in the region and continuing to deliver scalable, reliable infrastructure that meets our customers’ evolving requirements.” For more from Yondr Group, click here.

AirTrunk expands Japan's hyperscale data centre capacity

Australian hyperscale data centre operator AirTrunk has announced plans to develop a second hyperscale data centre in Osaka, expanding its platform in Japan and increasing total national capacity to around 530 MW. The new facility, OSK2, will be located in East Osaka and is planned to deliver up to 100 MW of IT capacity. It will complement AirTrunk’s existing OSK1 site in West Osaka, which provides 20 MW, adding regional diversity across the Kansai area. The development forms part of a wider investment programme of approximately $8 billion (£5.9 billion; ¥1.2 trillion) across AirTrunk’s existing and planned projects. With OSK2, AirTrunk’s Japanese portfolio becomes part of a broader hyperscale platform spanning Asia Pacific and the Middle East. The company states that the new site is intended to support increasing demand linked to cloud adoption and AI workloads. Investment in Osaka and national growth OSK2 will be AirTrunk’s 14th data centre across six markets, contributing to a wider platform with more than two gigawatts of capacity from operational sites with secured power. Since entering Japan, AirTrunk has invested around $1.57 billion (£1.1 billion; ¥244 billion) to support construction activity, operational roles, and local supply chains. Robin Khuda, founder and CEO of AirTrunk, says, “Japan plays a pivotal role in AirTrunk’s platform growth across Asia-Pacific. As Japan’s cloud and AI adoption accelerates, our continued investment in Osaka and Tokyo reflects our long-term commitment to building the scalable infrastructure that underpins this transformation. "Japan is not only a key market for us, but a partner in shaping the future of hyperscale and AI innovation. AirTrunk’s Japan investment is one of the largest investments by an Australian company and brings Australia closer to Japan.” The company recently opened a new Japan headquarters in Roppongi Hills Mori Tower, expanding office space to accommodate team growth. AirTrunk currently employs more than 100 staff in Japan and says it plans to increase headcount to support ongoing development. Nori Matsushita, AirTrunk Country Head, Japan, adds, “OSK2 represents a significant milestone in our commitment to Japan. By expanding in Osaka, we’re not only meeting the growing demand for hyperscale and AI infrastructure, but also creating new opportunities for local talent, suppliers, and communities. "This investment strengthens Japan’s position as a digital leader in Asia-Pacific and ensures our customers have the resilient, scalable capacity they need to innovate.” Japan’s national digital initiatives, including Society 5.0 and the Priority Plan for Digital Society, place cloud and AI infrastructure at the centre of economic and social development. AirTrunk says its expansion is aligned with these programmes by increasing available hyperscale capacity within the country. Yamada Kenji, Member of the House of Representatives and State Minister of Economy, Trade, and Industry, notes, “Japan is committed to building a robust digital foundation that accelerates innovation and strengthens our global competitiveness. "Continued investments like AirTrunk’s new Osaka hyperscale data centre are vital to supporting our national priorities, including Society 5.0 and the responsible adoption of AI. "By partnering with leading technology companies, we are ensuring that Japan remains at the forefront of sustainable digital infrastructure and economic growth.” For more from AirTrunk, click here.

Nostrum details availability of new data centres in Spain

Nostrum Data Centers, a developer of sustainable data centre infrastructure across Spain and Europe, has confirmed that its data centre assets in Spain are scheduled to become available in 2027, as the company develops new capacity to support AI, cloud, and high-performance computing workloads. The company, part of Nostrum Group, is planning up to 500 MW of IT capacity across multiple sites in Spain. According to Nostrum, around 300 MW of power capacity has already been secured, with further phases intended to increase this figure over time. Earlier this month, Nostrum announced that AECOM had been appointed to design and manage a large data centre campus in Badajoz. The project represents one of several developments underway, with the Badajoz site forming part of a wider national rollout. Capacity rollout and site strategy Nostrum is developing six data centre sites across Spain, selected to take advantage of subsea connectivity routes, available power infrastructure, and energy costs. The company says this approach is intended to support phased deployment and future expansion as demand grows. The facilities are designed to support higher density computing, with Nostrum stating a target PUE of 1.1 and zero water usage for cooling. The company adds that its developments are intended to reduce carbon emissions associated with data centre operations and align with broader sustainability objectives. Gabriel Nebreda, Chief Executive Officer at Nostrum Group, comments, “Our Spain-based data centres combine strategic site selection, secured power connections, and AI-ready infrastructure to meet the demands of the next-generation digital economy. "Our team of industry leaders with over 25 years of experience are developing facilities that are not only highly efficient and scalable but also fully sustainable, supporting both our customers’ growth and global climate goals.” Nostrum says the 2027 availability date reflects its broader development programme, which is focused on delivering new data centre capacity with secured land and power across Spain. For more from Nostrum Data Centers, click here.

Vertiv, GreenScale to deploy DC platforms across Europe

Vertiv, a global provider of critical digital infrastructure, and GreenScale, a developer of hyperscale data centre campuses, have announced a strategic collaboration to deliver factory-integrated data centre platforms engineered for next-generation AI workloads in Europe. Following a competitive pre-qualification questionnaire (PQQ) process, GreenScale selected Vertiv as its preferred provider for standardised, prefabricated Vertiv OneCore hybrid-built data centres. While GreenScale will manage slab-down construction and site-wide infrastructure, Vertiv will provide AI-ready data centre modules engineered to support liquid-cooled deployments of NVIDIA Grace Blackwell GB200/300 graphic processing units (GPUs), including next-generation Vera Rubin GPUs. Vedran Brzic, VP Infrastructure Solutions Business EMEA at Vertiv, says, “AI workloads demand density and speed. By integrating the Vertiv OneCore platform into GreenScale’s standard design, we can help to accelerate deployment of scalable infrastructure for AI, high-performance (HPC), and high-density computing. "Our scalable prefabricated solution integrates our proven power, thermal, and IT infrastructure into a single factory-assembled system that can help customers deploy high-density capacity more efficiently while increasing reliability and performance.” Vertiv's OneCore platform The Vertiv OneCore platform supports up to 200+ kW per rack and features coolant distribution units (CDUs) with a dual-loop liquid cooling system. The platform is supported by Vertiv SmartRun overhead prefabricated infrastructure, which includes an integrated secondary fluid network (SFN) for liquid-cooled thermal management - optimised for GPU-intensive architectures - and power distribution. Modules arrive factory-built and pre-tested, with GreenScale providing comprehensive site services including grid integration, permitting, battery monitoring system (BMS)/security systems, and slab-down construction. Dan Thomas, CEO at GreenScale, comments, “Our collaboration with Vertiv aligns perfectly with GreenScale’s mission to rapidly deploy high efficiency, AI-ready infrastructure across Europe. By standardising on Vertiv’s prefabricated platforms, we gain significant advantages in speed-to-market, quality control, and operational efficiency. "Their proven experience in high-density cooling solutions and factory-integrated approach helps us minimise on-site complexity while enabling our facilities to be optimised for the most demanding AI workloads. This standardised platform approach will be instrumental in executing our ambitious expansion plans across Northern Ireland and the Nordics.” GreenScale plans to expand with approximately 120 MW in Northern Ireland and over 300 MW across the Nordics, with a long-term vision to deploy close to 1 GW across Europe. The company says it aims to implement a high-performance compute model that aligns its objectives and timelines with "technology providers who can efficiently deliver scalable, AI-ready solutions." For more from Vertiv, click here.

InfraRed invests in Spanish data centre platform

InfraRed Capital Partners, an international mid-market infrastructure asset manager, has made a majority investment in NxN Data Centers, a Spain-based data centre platform focused on meeting growing demand for computing and data storage services. NxN was formed in 2023 as a joint venture between Nethits Telecom Group and asset manager Adequita Capital. The platform is aimed primarily at regional enterprise customers and is developing facilities to support increasing requirements linked to digitalisation and AI-driven workloads. InfraRed will invest alongside minority shareholder Adequita to support the development of NxN’s first site, a 5 MW data centre in Valencia, as well as potential expansion across the Iberian Peninsula. Construction at the Valencia site has already started, with the facility scheduled to open in 2027. Once operational, it will provide colocation infrastructure designed to support high-density and AI-ready computing. Expansion plans in an underserved market Spain is attracting increased interest from data centre investors due to strong enterprise demand, data sovereignty considerations, and access to renewable energy. Despite this, the market remains relatively under-supplied compared with other European regions. Pilar Banegas, Partner at InfraRed, comments, “NxN represents an opportunity to establish a data centre platform within Spain’s expanding digital landscape. "We are pleased to be working with Adequita, whose experience and relationships across Spain will support the company’s development. We will also draw on our experience developing nexspace, our DACH data centre business, as we support the NxN management team.” NxN’s leadership team brings experience across telecommunications, data centre operations, and enterprise services. The company says this background positions it to deliver its planned growth strategy in Spain. Javier Salas, founder and Executive Chairman of Nethits and NxN Data Centers, says, “We are delighted to partner with InfraRed to deliver high-quality, energy-efficient data centres in Spain. "By leveraging InfraRed’s experience in growing data centre businesses, we are well positioned to execute our vision for NxN.” Josep Adsera, Principal at Adequita, adds, “We welcome InfraRed as the majority investor in NxN. Their investment reinforces the platform and enables it to move into its next phase of development. We look forward to continuing our collaboration.”