Nabiax, the leading company of the Data Center industry in Spain, has sold its assets in Latin America to focus in its growth in the Spanish market, and reinforce its leadership position as the company of reference of the sector in the country. The agreement has been reached with Actis, a global fund focused on infrastructure.
Today, Nabiax has a 26 IT MW installed capacity in Spain, being the main reference for Hyperscalers in the country. The company started its operation in 2019, with 11 MW of IT power in Spain, and after 3 years of successful management, Nabiax has grown 230% in terms of installed capacity.
Thus, the company participated by Asterion Industrial Partners and Telefónica Infra, will continue investing in Spain, to keep increasing its capacities, which can surpass 120 MW in the 3 locations of the company: Alcalá de Henares, Madrid and Terrassa.
Sameways, on top of increasing its capacity, the company bets on strengthening its commitment with sustainability, as part of a key industry in the digital transformation of the country. As part of the strategic plans of the company, can be highlighted the renewable energy supply of the Data Centers, the bet on energy efficiency and a responsible management of water, also fostering the circular economy in the infrastructure operations.
Emilio Díaz, CEO at Nabiax, has highlighted the relevance of this operation for the company: “selling the Latin American assets will boost our commitment to the Spanish market, which we lead, and that is in a very attractive moment for investing. We will mainly focus on organic growth of our Data Centers, but we do not rule out inorganic growth”.
Also, the Chief Executive of the company has pointed out the main challenges for the company in this new phase of growth: “There are three key elements to face our expansion, which are the attraction of the necessary talent, achieving excellence in terms of sustainability of our operations, and to have the access to new energy supply to be able to develop future projects and to satisfy the deployment needs of our clients”.
Sebastián Urbán, Associate at Asterion Industrial Partners, declared: “Thanks to the excellent work of the management team we are immensely satisfied with the growth in Nabiax Latin America and the value generation that we have crystalized in this transaction. We are very eager towards the potential in growth of Nabiax Spain, which, beside the portfolio of Data Center infrastructure of Asterion in Italy, constitute a unique platform in the two markets of Europe with bigger growth rates”.
During the process, Greenhill acted as financial adviser.