{"id":117040,"date":"2024-10-16T12:50:34","date_gmt":"2024-10-16T11:50:34","guid":{"rendered":"https:\/\/www.intelligentcio.com\/eu\/?p=117040"},"modified":"2024-10-16T12:50:35","modified_gmt":"2024-10-16T11:50:35","slug":"edgnex-data-centers-by-damac-powers-european-expansion-with-40mw-data-centre-investment-in-spain","status":"publish","type":"post","link":"https:\/\/www.intelligentcio.com\/eu\/2024\/10\/16\/edgnex-data-centers-by-damac-powers-european-expansion-with-40mw-data-centre-investment-in-spain\/","title":{"rendered":"EDGNEX Data Centers by DAMAC powers European expansion with\u00a040MW\u00a0data centre\u00a0investment in Spain"},"content":{"rendered":"\n<p>EDGNEX Data Centers by DAMAC, a global digital infrastructure provider and part of the DAMAC Group, has taken a significant step in its international expansion by acquiring prime land in Madrid, Spain, for data centre development.&nbsp;<\/p>\n\n\n\n<p>The 22,000 square metre facility, with the&nbsp;committed power of 40MW, is scheduled&nbsp;to commence operations by 2026, underscoring DAMAC\u2019s commitment to expanding its footprint across&nbsp;Spain and strengthening its position as a leading global data centre operator.&nbsp;<\/p>\n\n\n\n<p>The site was acquired from real estate private equity manager, ActivumSG.&nbsp;<\/p>\n\n\n\n<p>Outside the FLAPD markets&nbsp;(Frankfurt, London, Amsterdam, Paris and Dublin), Madrid is one of the key data centre markets with&nbsp;a vibrant data centre&nbsp;landscape and&nbsp;strong growth potential,&nbsp;underscoring the rising demand for high-quality digital infrastructure.<\/p>\n\n\n\n<p>EDGNEX\u2019s data centre&nbsp;will&nbsp;be in&nbsp;the Vicalvaro region, just 10km from Madrid International Airport and 5km from the Internet Exchange, offering exceptional connectivity within two years. It will significantly boost Madrid\u2019s data centre&nbsp;capacity allowing hyperscalers and enterprise clients to expand their availability zones.&nbsp;<\/p>\n\n\n\n<p>The centre&nbsp;will also enable businesses to access advanced High-Performance Computing (HPC) and AI capabilities, making it the preferred location for innovation and digital growth.<\/p>\n\n\n\n<p>Hussain Sajwani, Founder&nbsp;of&nbsp;DAMAC Group, said: \u201cWe plan on investing \u20ac400 million in our first 40MW investment in&nbsp;the&nbsp;Spanish data centre space.&nbsp;Spain\u2019s advanced connectivity, strategic location and commitment to renewable energy make it an ideal hub for expanding our high-performance infrastructure.&nbsp;As we continue our global expansion, we will deliver scalable, robust solutions that serve the needs of hyperscalers and enterprise clients within a rapid timeframe.&nbsp;Alongside&nbsp;looking at additional investments in&nbsp;Madrid, we&nbsp;will&nbsp;look for opportunities in strategic locations such as Barcelona, Zaragosa and others in Spain. Our investment in Spain will pave the way for&nbsp;EDGNEX&nbsp;to invest in other European data centre growth markets.\u201d<\/p>\n\n\n\n<p>Along with meeting the rising demand for digital infrastructure, the new centre will actively contribute to Spain\u2019s sustainability goals. With&nbsp;60%&nbsp;of the country\u2019s&nbsp;power&nbsp;already generated from renewable sources, the facility will be designed to minimise environmental impact further supporting eco-conscious development. This&nbsp;project reflects&nbsp;the group\u2019s&nbsp;vision of providing scalable, efficient and environmentally responsible data solutions across its growing global portfolio.&nbsp;<\/p>\n\n\n\n<p>Tarun Tyagi,&nbsp;Senior Vice President&nbsp;of&nbsp;DAMAC,&nbsp;International&nbsp;Business,&nbsp;added:&nbsp;&#8220;Our data centres&nbsp;have tremendous potential to enhance&nbsp;the&nbsp;country\u2019s competitiveness by providing businesses with scalable digital infrastructure, driving innovation, sustainability and job creation.&nbsp;This site is one of the&nbsp;few&nbsp;prime locations in Madrid with secured, fully redundant power&nbsp;available within&nbsp;two&nbsp;years from&nbsp;two independent substations, ensuring rapid deployment in a market facing significant demand-supply challenges.\u201d<\/p>\n\n\n\n<p>EDGNEX\u2019s facility in Spain&nbsp;and&nbsp;European expansion builds on DAMAC\u2019s recent data centre developments in the Middle East and Turkey, with announcements in Bangkok and Indonesia solidifying its presence in the APAC region.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>EDGNEX Data Centers by DAMAC, a global digital infrastructure provider and part of the DAMAC Group, has taken a significant step in its international expansion by acquiring prime land in Madrid, Spain, for data centre development.&nbsp; The 22,000 square metre facility, with the&nbsp;committed power of 40MW, is scheduled&nbsp;to commence operations by 2026, underscoring DAMAC\u2019s commitment [&hellip;]<\/p>\n","protected":false},"author":50,"featured_media":117050,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[55,18793,14,93],"tags":[21332,21333,8,18001,18733,4150,10384],"class_list":["post-117040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-data-centres","category-europe","category-more-news","category-top-stories","tag-damac","tag-edgnex-data-centers","tag-europe","tag-investment","tag-ix","tag-madrid","tag-spain"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/117040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/50"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=117040"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/117040\/revisions"}],"predecessor-version":[{"id":117043,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/117040\/revisions\/117043"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/117050"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=117040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=117040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=117040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}