The ICG-backed platform surpasses 300 million euros and targets new acquisitions in Spain, Italy, and France.
Templus, already considered the largest regional data center platform in Southern Europe, has decided to move beyond its initial 300 million euro investment cap established just over a year ago. Driven by the Intermediate Capital Group (ICG) fund and Teras Capital, the company confirms its strong commitment to growth and international expansion, positioning Spain at the center of its roadmap while preparing for entry into Portugal, Italy, and France.
Templus CEO Nacho Velilla has confirmed to elEconomista.es that the "investment ceiling has been removed," and that the company will continue to expand its data center portfolio "as long as it makes sense and aligns with our business concept." This move responds to the unprecedented boom in the sector, in a context where Spain is becoming one of the most attractive destinations for large investments in digital infrastructure.
New Opening in Barcelona and National Growth
Templus opened its new data center in Barcelona on Wednesday, acquired from Cellnex last February. Located on Pablo Iglesias Street in L’Hospitalet de Llobregat, the center boasts over 3,000 square meters and an initial capacity of 1.7 MW, serving over a hundred clients. Among its plans is to increase the installed capacity to over 3 MW over the next year.
The company’s strategy is not limited to the Catalan capital. Currently, Templus has six data centers in key cities such as Málaga, Sevilla, and Madrid, and is undertaking construction projects in Ceuta and Mallorca. Its goal is to close the fiscal year with around twenty data centers in its portfolio, exploring opportunities in regions like Galicia, Valencia, the Basque Country, Castilla y León, Castilla-La Mancha, and the Canary Islands, along with considering the integration of smaller platforms in the sector.
Catalonia and Barcelona: Digital Node and Submarine Highways
Templus’s plan for Catalonia is ambitious. Velilla emphasizes that the region "meets all the requirements" for the development of critical infrastructure, due to its high business and demographic density. The new Barcelona data center is strategically located in the Free Trade Zone, the main interconnection point for communication networks in Catalonia, and will have direct connection to the Barcelona Cable Landing Station (BCLS), the station that connects undersea cables with Mediterranean and African countries in milliseconds.
Proximity to these "highways" of international data positions Barcelona—and by extension, Spain—as a crucial digital hub for Southern Europe. This direct connectivity is key to attracting new investments and boosting the national digital economy.
Efficiency and AI-Ready Technology
Moreover, the Barcelona center stands out for its focus on efficiency and sustainability. It features a Power Usage Effectiveness (PUE) of 1.14, one of the lowest on the market, and is being equipped with liquid cooling technologies to house high-performance servers, especially for workloads related to artificial intelligence.
The roadmap includes improvements to infrastructure to eliminate points of failure, optimize operational efficiency, and simultaneously address capacity and technical space expansion, all aimed at meeting the growing demand for cloud services, storage, and advanced computing.
Portugal, Italy, and France: New Destinations for Expansion
Templus is preparing to enter Portugal and is already planning its expansion into Italy and France, thus removing any "investment ceiling." The company will continue to prioritize the acquisition of existing centers and the construction of new facilities, focusing on scalable projects capable of growing in size and power.
A Booming Sector
Templus’s move coincides with a surge in the data center market in Europe, with Spain as one of the key players. According to recent reports from Spain DC and Morgan Stanley, the projected investment in data centers in Spain exceeds 13 billion euros in the coming years, and the European market could quintuple in the next decade.
In the words of Siemens Spain CEO Fernando Silva, "data centers are the backbone of the current digital society," and their resilience, efficiency, and sustainability are essential for the economic and technological future of the region.
Source: El Economista