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Blackstone Forms $2.3 Billion Data Center Joint Venture with Spanish Company
2025-11-14 /
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Author：小编
Global Infrastructure Partners (GIP), a subsidiary of Blackstone, and Spanish construction group ACS have announced a joint venture agreement to jointly develop data center assets, with an initial portfolio valuation of approximately €2 billion (around $2.3 billion). The joint venture will be 50% owned by each party, based on ACS's existing data center assets. Its business scope will cover Europe, the United States, and Australia, with a planned total installed capacity of 1.7 gigawatts and an overall valuation also around €2 billion.
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