ACS and Global Infrastructure Partners launch global data centre development platform

ACS Group and Global Infrastructure Partners (GIP) have announced a 50:50 joint venture to develop and operate next-generation data centers globally. The platform will initially focus on a 1.7 GW portfolio of data center assets under development across Europe, the United States, and Australia, representing an investment exceeding €2 billion. This partnership combines ACS Group's expertise in digital infrastructure development with GIP's extensive experience in infrastructure investment and management, creating a formidable player in the rapidly expanding data center market. The involvement of BlackRock as an investor and CIGP as an advisor further underscores the significance and attractiveness of this venture. This joint venture is strategically positioned to capitalize on the increasing demand for data center capacity driven by cloud computing, artificial intelligence, and the growing digital economy. By focusing on next-generation data centers, the partnership aims to deliver efficient and sustainable infrastructure solutions. The geographic diversification of the initial portfolio across key markets in Europe, the United States, and Australia provides a strong foundation for future growth and expansion. The substantial investment commitment signals confidence in the long-term potential of the data center sector and the ability of ACS and GIP to deliver attractive returns.