box2Bit, A subsidiary of Capital Energy, which will acquire a representative minority stake, and the company dedicated to the development and operation of renewable data centers, today presented the largest of these properties in Spain, the project called Axis in Toledo. Somebody hubs Europe’s largest digital companies.
Founded by the main shareholder of Capital Energy, Box2Bit It plans to invest in several stages in this first project of state-of-the-art data centers it has introduced in the Iberian Peninsula. 3,000 million euros. Numerous national and international financial institutions have already shown interest in the project, which will also benefit from Capital Energy’s experience in structuring and raising large amounts of capital for the development and construction of large infrastructures with all types of agents (commercial banks, corporate debt). funds, infrastructure and pension funds, and insurance companies.
The initiative that was once started is also a Expected impact on GDP of more than 2,650 million euros and this will lead to the creation of more. 400 direct jobs and 1,850 indirect jobs in Castilla-La Mancha during operation phase Infrastructure – 3,800 direct and 7,150 indirect jobs during the construction phase – will be developed between 2022 and 2027 and aims to transform this region into a strategic sustainable digital settlement for the whole country due to its location on the two main axes of the Iberian digital system. Sunday: Lisbon-Madrid-Barcelona and Malaga-Madrid-Bilbao.
Axis includes development by Box2Bit. two large data center campuses It is located in the Castile-Manchego municipalities of Recas in the province of Toledo (South Axis) and Torija in the province of Guadalajara (East Axis), where it already has total land. 200,000 square meters of industrial land.
Given the electro-intensive nature of this digital project (24x7x365) for the flag box2Bit, Capital Energy is invited to play a fundamental role in its development, thereby reinforcing its sustainability and competitiveness in what constitutes a unique value proposition in the large data center industry:
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On the one hand, through the development and implementation of a system twenty installations renewable energy sources such as both wind farms and solar plants that will be directly connected to both digital campuses.
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On the other hand, through signature of various PPAs It is associated with clean energy projects from the Castilian-Manchego portfolio that are currently in various stages of construction and development and that consume local renewable resources.
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Finally for him deep knowledge of energy management and new energy solutions, such as self-consumption or storage.
The Axis project was presented today at the Palacio de Fuensalida. Headquarters of the Presidency of the Junta de Castilla-La Mancha, By Juan Alfonso Ruiz Molina, Minister of Finance and Public Administrations of the Junta de Castilla-La Mancha and Álvaro Rivera, general manager of Box2Bit. Junta de Castilla -La Mancha announced this morning It will be processed as a Regional Interest Priority Project, because it is an initiative that covers one of the strategic economic and social development sectors for the autonomous community.
Data centers, key to digitization
The digitization of the economy is now a reality, and events such as the recent pandemic have only accelerated this process. For reference, the increase in data traffic recorded in the last 12 months at one of the main exchange points in Spain was 50% and 114%, taking into account the pre-pandemic period.
All this exponentially growing information traffic is supported by a physical infrastructure network consisting of entire data centers that store and process information in bit mode and then rerouted via telecommunication networks: fiber optic, 5G, etc. In this direction, it can be said that data centers located near big cities are the heart of digitalization today. They contain data from both major operators. cloudy Such as Public Administrations and large corporations. new society Box2Bit In this way, it enters an emerging market whose infrastructures are in constant technological evolution and where constant access to large amounts of electricity is required. Thanks to Capital Energy’s support in the smart generation and management of renewable energy and new energy solutions – self-consumption or storage – Box2Bit will be able to enter this market competitively and with a unique value proposition. In addition, commercial synergy will be created between the two companies as it is a corporate end customer (B2B) oriented sector.
Source: Informacion
Christina Moncayo is a contributing writer for “Social Bites”. Her focus is on the gaming industry and she provides in-depth coverage of the latest news and trends in the world of gaming.