Most relevant news in the Data Center industry this month

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iberia data center NEWSLETTER | May 2024
Spain & Portugal 
Data Center Market News
CBRE
Expected Installed Supply 2024 (forecast)
199 MW
Supply in Madrid 
50 MW
Supply in Barcelona
~10 MW
Supply in Lisboa
The CBRE Data Center Solutions team is delighted to share the most relevant Data Center news and trends.  We hope you find this useful!
Spain and Portugal in The News
AWS plans to invest €15.7 billion in Spain, supporting 17,500 jobs annually in local businesses
 
Amazon Web Services (AWS) announced plans to invest €15.7 billion in Spain in its AWS Europe (Spain) Region, which will support an estimated 17,500 full-time equivalent jobs in local businesses on an annual average basis.
DCD>Connect Madrid 2024 comes to an end with 9,570 million euros of investment in the Data Center sector
 
On May 21 and 22, DCD>Connect Madrid 2024 brought together companies and investment funds representing 117 data center projects in 14 countries.
Data center operator Templus starts operations with 15 MW of power and five data centers
 
The new data center operator Templus, sponsored by the funds Teras Capital and Intermediate Capital Group (ICG), will start its activity with an installed capacity of 15 megawatts (MW).
Data center investment in Barcelona could generate €7bn in 2025


 
It is expected that by 2025 data centers in Barcelona will have a capacity of 173 megawatts (MW), which would translate into an impact of €7.23 billion on the GDP and generate 2,200 jobs.
Telefónica and Asterion launch the sale of their subsidiary Nabiax for 1 billion euros

 
The two shareholders, which already have BBVA and Citi as advisors, have the documentation ready and plan to launch a process open to funds and industrial groups in June.
International News
Brookfield and Microsoft Collaborating to Deliver Over 10.5 GW of New Renewable Power Capacity Globally

 
First of its kind global framework agreement will accelerate the expansion of renewable energy capacity to contribute to Microsoft’s sustainability goals.
Ares Management, CDPQ, and Schroders Capital announce EUR 750 million financing for expansion of Vantage Data Centers’ EMEA platform
The Vantage EMEA portfolio is one of the fastest growing hyperscale data centre platforms in the region and is currently comprised of 14 campuses, serving key markets in Europe and South Africa.
Nvidia: PUE is an ineffective efficiency metric for AI workloads and needs replacing


 
The data center industry needs to establish a new metric to measure their energy efficiency in the generative AI era, Nvidia has argued.
CBRE Insights
Europe Data Centres Figures Q1 2024
The demand for data centre space in Europe's five largest markets – Frankfurt, London, Amsterdam, Paris, and Dublin (FLAPD) – exceeded supply in Q1 2024. This demand is projected to grow to 440MW this year as hyperscalers, start-ups and enterprises seek space that can accommodate their cloud and AI-related needs.

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Future Reflections: A look ahead with a longtime Wall Street and ex-Fed economist

Julia Coronado, keen-eyed observer of the economic landscape, shares wide-ranging insights on the economy, monetary policy, commercial real estate and more.
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