- The fund launches a new platform specialized in Data Centers, Thor Digital, with the aim of setting up data processing centers in Europe.
- Arnaiz, a leading global real estate development firm, will be its local partner in Spain, and will be responsible for leading and developing its first project.
- “Madrid One” will be the campus in Madrid with the highest power currently available, consisting of 10 buildings and a capacity of 100 MWatts.
- MADRID, 25 April 2022
Madrid, April 25, 2022. The Thor Equities Group investment fund has set up a new platform with the aim of developing data processing centers throughout Europe, called Thor Digital. Its first project will be executed in Spain with an investment of €600 million. It will be called Madrid One and will be located in Fuenlabrada (Madrid).
Arnaiz, a leading firm in urban planning and global real estate development, has been chosen to lead and develop this project, which starts with an available power of 40 megawatts and an estimated capacity of 100 megawatts, making it the largest in Spain. The agreement represents a new alliance within the Spanish real estate sector between foreign investors and a local operator.
Madrid One, as the project is known, will be developed on a 225,000 square meter site and will consist of 10 buildings with a capacity of 10 megawatts each.
For its development, all the sustainability criteria currently governing the market will be taken into account in compliance with ESG protocols, support in the supply of photovoltaic energy with a capacity of up to 5 MW, the existence of large green areas for carbon offsets (more than 100,000 m2), social strategies with coexistence paths for pedestrians, a large pond and the use of the latest constructive solutions in the execution of buildings under LEED™ certification standards.
Spain, especially Madrid, is consolidating its position as a strategic area for serving data content to Latin America and Africa. For this reason, this campus will serve as a national center of reference in technological matters, capable of housing a large number of state-of-the-art companies. In addition, for every euro invested in a data center, a return of up to 12 euros is generated, which means that this project will have a great economic impact for the Community of Madrid.
The project, with the collaboration of the engineering firm Quark Unlimited, has been submitted for a license application and is expected to start in September of this year, with the first buildings being available at the end of the year 2023.
For further information:
ATREVIA
Carlos C. Ungría cungria@atrevia.com / 672 44 70 65
