CVC’s infrastructure arm CVC DIF has made its first European data centre investment with the acquisition of Adam Ecotech.
CVC DIF has invested an unspecified amount to acquire the company that owns three operating data centres in Barcelona and Madrid with a 7MW capacity. Adam Ecotech is also developing a new data centre and expanding its existing infrastructure to reach 12MW of capacity in the coming years.
CVC DIF said it will support Adam Ecotech’s expansion beyond Spain into wider European data-centre markets.
Willem Jansonius, partner and head of the DIF value-add funds at CVC DIF, said: “This acquisition provides us with a strong entry point into the European data-centre market, establishing a solid platform for future growth in the region.
“We are excited to support the next phase of growth, providing both capital and strategic guidance and look forward to collaborating with the management team to strengthen its presence in Spain and beyond.”
Jose Mejias, CEO of Adam Ecotech, said: “We are excited to embark on the next phase of our growth journey, which will enable us to enhance our infrastructure and expand our services to meet the growing demand for digital solutions.”
To read the latest IPE Real Assets magazine click here.
