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)
$0.0003272
$0.0003272$0.0003272
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 service@support.mexc.com 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
Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny
The post Shocking OpenVPP Partnership Claim Draws Urgent Scrutiny appeared on BitcoinEthereumNews.com. The cryptocurrency world is buzzing with a recent controversy surrounding a bold OpenVPP partnership claim. This week, OpenVPP (OVPP) announced what it presented as a significant collaboration with the U.S. government in the innovative field of energy tokenization. However, this claim quickly drew the sharp eye of on-chain analyst ZachXBT, who highlighted a swift and official rebuttal that has sent ripples through the digital asset community. What Sparked the OpenVPP Partnership Claim Controversy? The core of the issue revolves around OpenVPP’s assertion of a U.S. government partnership. This kind of collaboration would typically be a monumental endorsement for any private cryptocurrency project, especially given the current regulatory climate. Such a partnership could signify a new era of mainstream adoption and legitimacy for energy tokenization initiatives. OpenVPP initially claimed cooperation with the U.S. government. This alleged partnership was said to be in the domain of energy tokenization. The announcement generated considerable interest and discussion online. ZachXBT, known for his diligent on-chain investigations, was quick to flag the development. He brought attention to the fact that U.S. Securities and Exchange Commission (SEC) Commissioner Hester Peirce had directly addressed the OpenVPP partnership claim. Her response, delivered within hours, was unequivocal and starkly contradicted OpenVPP’s narrative. How Did Regulatory Authorities Respond to the OpenVPP Partnership Claim? Commissioner Hester Peirce’s statement was a crucial turning point in this unfolding story. She clearly stated that the SEC, as an agency, does not engage in partnerships with private cryptocurrency projects. This response effectively dismantled the credibility of OpenVPP’s initial announcement regarding their supposed government collaboration. Peirce’s swift clarification underscores a fundamental principle of regulatory bodies: maintaining impartiality and avoiding endorsements of private entities. Her statement serves as a vital reminder to the crypto community about the official stance of government agencies concerning private ventures. Moreover, ZachXBT’s analysis…
Share
BitcoinEthereumNews2025/09/18 02:13
Coinbase Joins Ethereum Foundation to Back Open Intents Framework
Coinbase Payments has joined the Open Intents Framework as a core contributor, working alongside Ethereum Foundation and other major players. The initiative aims to simplify complex multi-chain interactions through automated solver technology. The post Coinbase Joins Ethereum Foundation to Back Open Intents Framework appeared first on Coinspeaker.
Share
Coinspeaker2025/09/18 02:43
Unleashing A New Era Of Seller Empowerment
The post Unleashing A New Era Of Seller Empowerment appeared on BitcoinEthereumNews.com. Amazon AI Agent: Unleashing A New Era Of Seller Empowerment Skip to content Home AI News Amazon AI Agent: Unleashing a New Era of Seller Empowerment Source: https://bitcoinworld.co.in/amazon-ai-seller-tools/
Share
BitcoinEthereumNews2025/09/18 00:10