ACS and BlackRock GIP Partner for $26.8 Billion Data Center Venture

Spanish company ACS Group has joined forces with BlackRock’s Global Infrastructure Partners (GIP) in a landmark $26.8 billion data center development deal. This strategic partnership is poised to significantly boost AI and cloud computing infrastructure across the globe. The collaboration represents a significant investment in both sectors, aiming for an estimated €5 billion valuation increase for ACS by 2030 through the initiative.