The ACS group says that it is moving forward with the plans to become co-developer of the data center.
Plans occur as Turner Construction Co., the largest contractor in buildings in the United States, is at the beginning in 2025, bulge The benefits of ACS group, his father, in the first quarter of 2025.
Juan Santa Maria, CEO of the Madrid progenitor, told the analysts in a results conference on May 13 that the Development Plan of the Data Center announced last year. These are ACS that forms a 50% collaboration to develop “from scratch” and obtain permits and connections to lease data centers to “hyperscalers”, he said.
So far ACS has $ 568 million invested in the company, with the process of forming the collaboration “still ongoing”, said Santa Maria, “but so far, all in all. [details of obtaining a partner are] Very confidential. “”
Cloud computing services hyperscalers often include companies like Amazon, Microsoft and Google and those with cloud -based services that involve artificial intelligence.
ACS is the majority owner of Hochtief, the German -based contractor, who owns Turner, who is again number 1 on the top 400 contractor list and is prominently presented in the financial image of parents.
As for Turner, the company registered a pretty profit of $ 199 million with income of $ 6.6 billion in its last quarter, 62.3% and 45.2%, respectively, from last year’s quarter, said ACS Group. The growth of its existing business building data centers, health care, sports and educational facilities provided much of the benefit and income, the firm said. The acquisition of Irish electrical and mechanical engineering of Turner, Dornan, also added to the good financial news.
Turner’s benefit margin increased by 3%, reflecting the company’s strategy focused on advanced technological projects, ” ACS group indicated in its financial report.
Last July, Announced the ACS group He joined his civil engineering and North -American construction businesses combining the Dragados unit with FlatIRON Construction in a single operation.
This story was reviewed on May 27 to reflect the fact that ACS Group, not Turner, advances the plans to become co-developer of the data center.
