PANews reported on November 14th that, according to Spanish media outlet Expansion, the Spanish ACS Group is close to reaching a $26.8 billion (approximately €23 billion) cooperation agreement with BlackRock's Global Infrastructure Partners (GIP) for data center development. The agreement includes GIP joining ACS's Digital & Energy division with a 50% stake, comprising €5 billion in incremental capital injections and €18 billion in debt. Amid surging AI computing demand and limited power capacity, digital infrastructure valuations have reached new highs. ACS previously planned to increase the valuation of its data center business to €3 billion to €5 billion by 2030, and this collaboration may push its valuation to the high end of that range. GIP manages over $180 billion in global assets and last month joined Microsoft and Nvidia in a $40 billion acquisition of U.S. data center company Aligned. Morgan Stanley estimates that major technology companies will spend $400 billion on AI infrastructure this year.PANews reported on November 14th that, according to Spanish media outlet Expansion, the Spanish ACS Group is close to reaching a $26.8 billion (approximately €23 billion) cooperation agreement with BlackRock's Global Infrastructure Partners (GIP) for data center development. The agreement includes GIP joining ACS's Digital & Energy division with a 50% stake, comprising €5 billion in incremental capital injections and €18 billion in debt. Amid surging AI computing demand and limited power capacity, digital infrastructure valuations have reached new highs. ACS previously planned to increase the valuation of its data center business to €3 billion to €5 billion by 2030, and this collaboration may push its valuation to the high end of that range. GIP manages over $180 billion in global assets and last month joined Microsoft and Nvidia in a $40 billion acquisition of U.S. data center company Aligned. Morgan Stanley estimates that major technology companies will spend $400 billion on AI infrastructure this year.
Spanish ACS Group and BlackRock's GIP reach $26.8 billion data center cooperation agreement
PANews reported on November 14th that, according to Spanish media outlet Expansion, the Spanish ACS Group is close to reaching a $26.8 billion (approximately €23 billion) cooperation agreement with BlackRock's Global Infrastructure Partners (GIP) for data center development. The agreement includes GIP joining ACS's Digital & Energy division with a 50% stake, comprising €5 billion in incremental capital injections and €18 billion in debt.
Amid surging AI computing demand and limited power capacity, digital infrastructure valuations have reached new highs. ACS previously planned to increase the valuation of its data center business to €3 billion to €5 billion by 2030, and this collaboration may push its valuation to the high end of that range.
GIP manages over $180 billion in global assets and last month joined Microsoft and Nvidia in a $40 billion acquisition of U.S. data center company Aligned. Morgan Stanley estimates that major technology companies will spend $400 billion on AI infrastructure this year.
Market Opportunity
Access Protocol Price(ACS)
$0.0003127
$0.0003127$0.0003127
USD
Access Protocol (ACS) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
You May Also Like
Fed Decides On Interest Rates Today—Here’s What To Watch For
The post Fed Decides On Interest Rates Today—Here’s What To Watch For appeared on BitcoinEthereumNews.com. Topline The Federal Reserve on Wednesday will conclude a two-day policymaking meeting and release a decision on whether to lower interest rates—following months of pressure and criticism from President Donald Trump—and potentially signal whether additional cuts are on the way. President Donald Trump has urged the central bank to “CUT INTEREST RATES, NOW, AND BIGGER” than they might plan to. Getty Images Key Facts The central bank is poised to cut interest rates by at least a quarter-point, down from the 4.25% to 4.5% range where they have been held since December to between 4% and 4.25%, as Wall Street has placed 100% odds of a rate cut, according to CME’s FedWatch, with higher odds (94%) on a quarter-point cut than a half-point (6%) reduction. Fed governors Christopher Waller and Michelle Bowman, both Trump appointees, voted in July for a quarter-point reduction to rates, and they may dissent again in favor of a large cut alongside Stephen Miran, Trump’s Council of Economic Advisers’ chair, who was sworn in at the meeting’s start on Tuesday. It’s unclear whether other policymakers, including Kansas City Fed President Jeffrey Schmid and St. Louis Fed President Alberto Musalem, will favor larger cuts or opt for no reduction. Fed Chair Jerome Powell said in his Jackson Hole, Wyoming, address last month the central bank would likely consider a looser monetary policy, noting the “shifting balance of risks” on the U.S. economy “may warrant adjusting our policy stance.” David Mericle, an economist for Goldman Sachs, wrote in a note the “key question” for the Fed’s meeting is whether policymakers signal “this is likely the first in a series of consecutive cuts” as the central bank is anticipated to “acknowledge the softening in the labor market,” though they may not “nod to an October cut.” Mericle said he…
Share
BitcoinEthereumNews2025/09/18 00:23
US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data
The post US Dollar Index rises above 98.50 on US-Venezuela tensions, eyes ISM PMI data appeared on BitcoinEthereumNews.com. The US Dollar Index (DXY), which measures
Share
BitcoinEthereumNews2026/01/05 12:29
The Role of Reference Points in Achieving Equilibrium Efficiency in Fair and Socially Just Economies
This article explores how a simple change in the reference point can achieve a Pareto-efficient equilibrium in both free and fair economies and those with social justice.
Share
Hackernoon2025/09/17 22:30