Nabiax has closed a deal to acquire two data centers in Spain from Telefónica and announced upgrades to four of its facilities.

In May Telefónica announced it had sold four data centers to Asterion Industrial Partners in exchange for a 20 percent stake in its Nabiax hosting business: two facilities in Chile and two Spanish sites in Madrid and Terrassa.

Telefónica said at the time this transaction does not include company hardware in the data centers nor the management or access to customers hosted on them.

This week Nabiax said the deal had closed on the two Spanish data centers – adding 6MW of capacity to its portfolio – and at the same time announced expansion plans to a number of its facilities in Spain and Latin America. It said the Chilean part of the deal will close in ‘early 2022’.

“The transaction is doubly important: first, because we have a partner as relevant as Telefónica in the shareholding of Nabiax, which allows us to strengthen our relationship as partners in an environment that must face transformational challenges in the future, such as Edge computing,” said Emilio Díaz, CEO of Nabiax. “Secondly, it consolidates us as the leader in the Spanish market, in which we expect very relevant growth in the coming years.”

In Spain, the company said it will complete the expansion of its Alcalá de Henares campus before the end of the year. It is also adding a third (2MW) module at its Julián Camarillo campus.

In Chile, the company is adding an additional 1MW, as well as a further 2MW in Brazil.

Nabiax was formed by Asterion Industrial Partners in 2019 after it bought 11 data centers from Telefónica for €550 million ($616 million). The deal totaled 29MW across seven countries: two each in Argentina, Brazil, Spain, and Peru, with additional individual sites in Chile, Mexico, and the US. Nabiax was then created to offer colocation and hosting services across Spain and Latin America.

A version of this story appeared on our Spanish edition.

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