Alcobendas Innovation Campus - Bldg 1

The Alcobendas Innovation Campus is a significant data center development located in Alcobendas, Spain, on a 56-hectare plot. The campus is designed for a total capacity of up to 500MW, with phased development anticipated over an eight-year timeline. The project benefits from its proximity to Adolfo Suárez Madrid-Barajas Airport and Madrid's city center, offering established connectivity. Recognized as a project of national interest, it benefits from an accelerated planning and permitting process. The development is being managed through Atlas DC2 S.L., with substantial land acquisition and planning progress made. The fair value of the campus was estimated at approximately €745 million as of June 30, 2025.