ACS Group and World Infrastructure Companions (GIP), a BlackRock firm, have agreed to type a three way partnership (JV) to develop and function knowledge centres throughout a number of worldwide markets.
The 50-50 partnership will launch with an preliminary portfolio of 1.7 gigawatts (GW) in knowledge centre property presently beneath improvement by ACS in Europe, the US, and Australia.
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The transaction values this portfolio at roughly €2bn ($2.3bn), cut up between an upfront money fee of about €1bn and preliminary earn-outs of as much as €1bn, topic to sure business milestones.
Moreover, an earn-out of as much as €200m could also be triggered by additional pipeline tasks beneath evaluate.
The JV settlement is contingent on receipt of all the mandatory regulatory approvals.
GIP chairman and CEO Bayo Ogunlesi mentioned: “As AI continues to reshape many sectors of the worldwide financial system, right now’s announcement will permit us to proceed to assist innovation at scale.
“GIP has a longstanding and deep relationship with ACS and collectively we’re dedicated to constructing the infrastructure required for the expansion of cloud and AI funding and assist transformative progress.”
The platform’s operational mannequin will probably be primarily based on full-lifecycle challenge supply offered by ACS Group subsidiaries, masking land acquisition, allowing, design, construct, commissioning, and operations.
The collaboration goals to handle the wants of hyperscale shoppers and enterprise AI workloads in search of fast deployment, grid interconnection, renewable power sources, and modular knowledge centre structure.
ACS Group CEO Juan Santamaría mentioned: “This settlement is a decisive step in our technique to steer the digital infrastructure sector globally.
“By becoming a member of forces with GIP, we’re combining ACS’s improvement, engineering, and building experience with the deep funding capability and business expertise of one of many world’s main infrastructure buyers.”
ACS Group is presently assessing a possible challenge pipeline exceeding 11GW throughout North America, Europe, and Asia Pacific areas.
The group has beforehand constructed over 5.5GW of knowledge centre capability by associates together with Turner Development Firm (and its Dornan Group division) and Leighton Asia.
GIP invests in large-scale digital infrastructure and expects the partnership to increase its attain inside knowledge centre markets globally.
In October 2025, a consortium comprising the Synthetic Intelligence Infrastructure Partnership (AIP), MGX, and GIP agreed to amass Aligned Information Facilities in a deal valuing the corporate at roughly $40bn.
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