Telefonica Sells Four Data Centres to Nabiax for 20 Stake

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MADRID, May 10 Reuters Spanish Telecom company Telefonica said on Monday it has agreed to sell four data centres to Nabiax, which had already bought 11 of its centres, in exchange for a 20 stake.

The transaction includes four data centres in Spain and in Chile operating with a combined capacity of 9 megawatts, Telefonica said.

Nabiax is a telecom infrastructure company that operates data centres in Spain and Latin America and is controlled by investment fund Asterion Industrial Partners.

Nabiax was created after Asterion bought 11 data centres from Telefonica in 2019 for 550 million euros 668.80 million. After the transaction announced on Monday, Asterion and coinvestors will keep 80 in Nabiax.

1 0.8224 euros

Reporting by Inti Landauro and Tomas Cobos, editing by Ed Osmond

Source Reuters

 

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