Ignis and Acciona have formalized a joint venture to develop a data center project in the province of Segovia (Castile and León), which will be accompanied by an adjacent solar power plant designed to meet its electricity needs with renewable energy.
The transaction is structured through Ignis Data Epta, a company established in 2024 that until now was wholly owned by Ignis P2X, the data center platform jointly owned by IGNIS and the private equity firm KKR.
Acciona has acquired a 50 percent stake in this vehicle, while Ignis retains the remaining half of the project. The transaction also included the joint acquisition of the solar plant adjacent to the data center.
The permits for access to and connection to the power grid required for the project were previously processed through two Ignis subsidiaries, and this transaction formalizes the joint presence of both companies in the development of the complex.
For Acciona, joining the Segovia project is part of a broader expansion plan in the data center business, through which the company chaired by José Manuel Entrecanales aims to reach 2GW of capacity. Until less than two years ago, this activity was handled solely by the group’s Construction division; since then, it has been managed by a dedicated unit: Acciona Data Centers.
As a precedent for this model, the company cites the agreement recently reached with Apto for the data center campus that Apto is developing in Fuenlabrada (Madrid). That agreement provides for 82MW of grid access and connection, along with a long-term power purchase agreement linked to a 94MW solar power plant developed and built by IGNIS.
This piece was automatically translated from DCD’s Spanish site and edited by a member of DCD staff.
Read the orginal article: https://www.datacenterdynamics.com/en/news/ignis-and-acciona-join-forces-to-build-a-data-center-in-segovia/
