Quetta Data Centers has appointed David Hurtado as managing director to lead its next stage of development following the creation of the company in February by Azora, with strategic advice from Core Capital.
Quetta was launched with an investment of over €500 mln to build a network of six highly efficient and eco-sustainable ‘Edge’ data centres in Spain and Portugal.
Formerly the head of Corporate Finance Real Estate at KPMG, Hurtado has a deep understanding of the current and future potential of the data centre market in Spain and will lead Quetta's team of professionals, who together bring more than 20 years of experience in the sector.
Hurtado has more than 15 years of experience in M&A, having advised large financial institutions including Banco Santander, BBVA and Mapfre alongside real estate firms including Neinor, Segro, Silicius Socimi, and Grupo Alquiler Seguro, advising businesses in transactions with an aggregate value of more than €3,000 mln. As a Telecommunications Engineer he worked for Cisco Systems, Telefónica Móviles and Telefónica de España. He was also instrumental in the alliance between Azora and Core Capital in order to create Quetta Data Centers.
David Hurtado, managing director of Quetta, said: 'The expertise brought together by Azora, a leading investment firm, and Core Capital, with more than 20 years of experience in data centre management, has launched Quetta as a market-leading platform and I look forward to overseeing its growth.'
Paco González, CEO of Quetta Data Centers, commented: 'It is a pleasure to welcome David, with whom we have designed Quetta Data Centers since its inception in 2021, to the company and who will not only bring his extensive experience to the project, but will now also participate directly in its development, leading a consolidated team with extensive experience in the sector.'
