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Home FINTECH

Prime Data Centers Announces Plans for 40MW Madrid Data Center

Cisionby Cision
May 22, 2024
Reading Time: 4 mins read
in FINTECH, IBERIA
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The company has secured 7.6 acres in Alcobendas with a development plan to deliver a 26,000 square-meter, 40-megawatt hyperscale data center.

MADRID, May 22, 2024 /PRNewswire/ — Prime, an international hyperscale and wholesale data center provider, today announced plans to develop a 26,000 square-meter data center in Madrid, Spain. The company has secured 7.6 acres in Alcobendas with plan to develop a facility that will be able deliver 40 megawatts of critical power. Alcobendas is the largest in-country data center ecosystem with 41 percent of the live, colocation power consumption. Prime Madrid will be developed according to customer demand and will address hyperscale cloud and artificial intelligence power density requirements.

Early-phase rendering of Prime's 26,000 sqm, 40 MW (critical) Madrid Data Center in Alcobendas.

“With forty-four megawatts of take-up in 2023, power challenges limiting FLAPD markets, and information governance mandating in-country data center presence, it is clear that Madrid is poised for strong growth over the foreseeable future,” commented Nicholas Laag, Founder and CEO of Prime Data Centers. “Alcobendas is an ideal location for Prime’s first data center in Madrid with an established ecosystem that offers easy access to fiber and experienced, skilled labor.”

Prime selected Madrid for its latest expansion on account of the market’s strong, hyperscale demand base which represented an estimated 74% of 2023 take-up across self-build and colocation data centers. Additionally, Madrid’s central location serves a large population base while acting as the primary network relay point for coastal regions and Portugal. Prime Madrid will be located at Calle de la Pedriza 1, Alcobendas in immediate proximity to local Internet Exchange Points for customer network optimization.

“Having spent the last twenty-five years in Madrid, it is encouraging to see the hard work and preparation put in by so many local stakeholders result in readiness to capitalize on the recent surge in demand,” said Michael Wall, Senior Vice President of Development and Construction for Prime in Europe. “Prime believes this strong foundation will sustain data center growth in Madrid further validating its place alongside the most influential digital infrastructure markets in Europe. We are excited to contribute to the success story.”

Prime’s three-plus gigawatt roadmap now includes twenty-two owned and optioned locations in the United States and Europe as well as numerous others in active due diligence. Recent announcements include nearly 500 megawatts across Denmark, Phoenix and Chicago. Prime also projects the opening of its partially pre-leased Los Angeles data center in October 2024.

Visit primedatacenters.com/madrid-data-centers for more information.

About Prime
Prime is an international provider of hyperscale and wholesale data centers. Data-driven organizations such as cloud providers, AI, and the enterprise choose Prime for scalable and efficiently designed data centers that help them advance, defend, and achieve their technology and sustainability objectives. At the company’s core, Prime’s mission is to be the go-to infrastructure solutions partner for its customer base. With a roadmap of more than three gigawatts of power capacity spread across established and emerging markets, Prime will be where our customers need to grow next.

Prime | Data Driven. Follow us online: primedatacenters.com – LinkedIn

Prime Data Centers - data center development partner for California

Photo – https://mma.prnewswire.com/media/2418815/Prime_Madrid_Data_Center_Alcobendas.jpg
Logo – https://mma.prnewswire.com/media/1064533/Prime_Data_Centers_Logo.jpg 

Cision View original content:https://www.prnewswire.co.uk/news-releases/prime-data-centers-announces-plans-for-40mw-madrid-data-center-302152401.html

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