Azora, in collaboration with Core Capital, has launched the Quetta Data Centers platform to invest more than €500 million ($537 million) in the construction of a network of six “Edge” data centers in Spain and Portugal. This investment marks Azora’s entry into the Iberian data center sector.
The portfolio’s data capacity will exceed 60 megawatts and will utilize 100 percent renewable energy upon completion. The six assets are predominantly located in Madrid, Barcelona and Lisbon, and Quetta’s target customers are companies with high data traffic, such as content providers, IoT or gaming.
Edge data centers are a new category of data centers that are characterized by offering technological solutions to companies that require low latency in data processing and transmission. According to Azora, these data centers are located near large urban centers close to end consumers in order to reduce data traffic with large hyperscale data centers, which are usually loca
