Iberdrola in advanced negotiations with data centre developers for creation of joint ventures
Alphavalue/DIVACONS | As part of its 1H24 results presentation, Iberdrola (IBE) announced that it is in advanced negotiations with data centre developers for the creation of joint ventures. Although we do not know the specific details of these negotiations, it is clear that the group is looking to capture a stake in this fast-growing sector. Connecting data centres to the grid represents a real challenge for operators and can be…