ACS Group and Global Infrastructure Partners (BlackRock) Create €2 Billion Data Center Venture
November 16, 2025
ACS Group and Global Infrastructure Partners (GIP), an affiliate of BlackRock, announced a 50-50 joint venture to build and operate next-generation data centers with an initial 1.7 GW capacity. The venture will include ACS’s existing €2.0 billion (100% basis) development portfolio across Europe, the United States, and Australia and is expected to expand for hyperscalers, AI companies, and enterprise customers; the agreement is subject to regulatory approvals.
- Buyers
- ACS Group, Global Infrastructure Partners (GIP)
- Targets
- ACS Group data center development portfolio (1.7 GW), Data center development and operations platform
- Industry
- Data & Analytics
- Location
- Australia
- Transaction Type
- Growth capital
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