Echelon and Iberdrola launch €2 bn JV for hyperscale data centers

Data center operator Echelon Data Centres and energy utility Iberdrola have formally completed the formation of Echelon Iberdrola Digital Infra, a joint venture that will target over €2 billion in initial investments to build and operate large-scale data centers across Europe. The alliance directly tackles the sector's main hurdles: land,…