Nabiax seals Spanish data centre buys and expands others

23 July 2021 | Antony Savvas

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Nabiax has finalised its deal to buy two data centres in Spain from Telefónica, in addition to announcing upgrades to some of its existing data centres.

In May this year, Telefónica said it had sold four data centres to Asterion Industrial Partners in exchange for a 20% stake in its Nabiax hosting unit, consisting of two data centres in Chile and two in Madrid and Terrassa in Spain.

Nabiax says the deal has closed on those two Spanish sites, which have added 6MW of capacity to its portfolio. The Chilean part of the deal, said Nabiax, is now expected to be finalised in “early 2022”.

At the same time, the company has outlined expansion plans to a number of its facilities in both Spain and Latin America.

In Spain, the company is adding an extra 2MW of capacity, in Chile 1MW and in Brazil a further 2MW.

Nabiax was formed by Asterion Industrial Partners in 2019, after it bought 11 data centres from Telefónica for $615 million. Those data centres were in Argentina, Brazil, Spain, Peru, Chile, Mexico and the US.

Emilio Díaz, CEO of Nabiax , said: “The transaction is doubly important: firstly, because we have a partner as relevant as Telefónica in the shareholding of Nabiax, which allows us to strengthen our relationship as partners in an environment that must face transformational challenges in the future, such as edge computing .

“Secondly, it consolidates us as the leader in the Spanish market, in which we expect very good growth in the coming years.”