{"id":668,"date":"2021-10-22T12:58:52","date_gmt":"2021-10-22T10:58:52","guid":{"rendered":"https:\/\/nabiax.com\/?p=668"},"modified":"2021-11-17T12:34:57","modified_gmt":"2021-11-17T11:34:57","slug":"bbva-leads-one-of-the-worlds-first-sustainable-data-centers-operations","status":"publish","type":"post","link":"https:\/\/nabiax.com\/en\/bbva-leads-one-of-the-worlds-first-sustainable-data-centers-operations\/","title":{"rendered":"BBVA leads one of the world’s first sustainable data centers operations"},"content":{"rendered":"

Nabiax, a leader in data centers in Spain and Latin America, turns a project finance format into a sustainable one for \u20ac320 million. BBVA acted as the sustainable coordinating bank and, together with Banco Santander, as bookrunner.<\/strong><\/p>\n

The digital transformation of companies has sparked interest in data centers. Due to this, it was only a matter of time before companies like these entered the world of sustainable financing with Nabiax becoming one of the first to do so. With BBVAs guidance as the sustainable coordinating bank, the leading data center company in Spain and Latin America has turned \u20ac320 million in financing into a sustainable format.<\/p>\n

This project finance became sustainable one its price mechanism was linked to three ESG indicators. Two are environmental and related to greenhouse gases and water treatment, while the third is social and connected to gender equality. The defined indicators include the percentage of renewable electricity, water consumption (m3 \/ MW), and a target for hiring more women in the workplace. If the company meets the levels established for these indicators, Nabiax will receive an improvement in their financing price. On the contrary, if it fails to achieve the set goals, it will be penalized. Valora is the project\u2019s sustainability consultant that has issued the expert opinion.<\/p>\n

Nabiax was created in 2019 after the infrastructure fund Asterion Industrial Partners bought 11 data centers in Spain, Latin America, and the United States from Telef\u00f3nica. Additionally, in May 2021, Telef\u00f3nica and Asterion agreed to the contribution of another four data centers in exchange for a 20 percent stake in Nabiax. In its first two years, Nabiax increased its IT power capacity by 50 percent, from 30 MW to 45 MW, combining organic and inorganic growth.<\/p>\n

Nabiax’s commitment to sustainability and the environment<\/h2>\n

 <\/p>\n

\"\"\u201cNabiax has a strong commitment to sustainability and for this project we have chosen priority objectives for the company, such as a renewable supply and efficient consumption of water for our data centers, as well as promoting gender equality within our professional team,\u201d said Nabiax CFO Iv\u00e1n Paja.<\/p>\n

While this operation is unique thanks to its sustainability angle, the globality it represents must also be highlighted, given that seven countries from two continents have been involved in it.<\/p>\n

BBVA, a benchmark in sustainable financing<\/strong><\/p>\n

In 2018, as a sign of its responsibility in the fight against climate change, BBVA announced its Pledge 2025, with a target to mobilize \u20ac100 billion in green financing, sustainable infrastructure, social entrepreneurship, and financial inclusion. Three years later, and after having managed to reach \u20ac59 billion, the bank has now increased its goal to \u20ac200 billion. \u201cWe want to contribute to the global collective effort against climate change and promote inclusive growth, leaving no one behind. Two pillars that guide our pledge and purpose to bring the age of opportunity to everyone,\u201d said BBVA Chairman Carlos Torres Vila.<\/p>\n

Through its BBVA Corporate & Investment Banking unit, the bank has the capacity, knowledge, and experience to provide its wholesale and institutional clients with superior advice on sustainable financing solutions, a market in which it has played a key role in its development.<\/p>\n","protected":false},"excerpt":{"rendered":"

Nabiax, a leader in data centers in Spain and Latin America, turns a project finance [\u2026]<\/span><\/p>\n","protected":false},"author":1,"featured_media":633,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"inline_featured_image":false,"footnotes":""},"categories":[7,8],"tags":[],"class_list":["post-668","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog-en","category-news"],"_links":{"self":[{"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/posts\/668","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/comments?post=668"}],"version-history":[{"count":0,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/posts\/668\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/media\/633"}],"wp:attachment":[{"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/media?parent=668"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/categories?post=668"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabiax.com\/en\/wp-json\/wp\/v2\/tags?post=668"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}