Spain · Google · Indonesia · Datacenter Dynamics
Hscale picks up $1bn contract with hyperscaler for Spanish data centers
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Bain Capital-backed Hscale has secured a contract worth more than $1 billion with a hyperscale client for capacity at its Spanish data centers.
Key facts
- Bain founded the company after buying 80 percent of Aquila Group’s data center business, AQ Compute, in 2023
- Bain Capital-backed Hscale has secured a contract worth more than $1 billion with a hyperscale client for capacity at its Spanish data centers
- Hscale has not named the data center involved in the deal, but said space would be available for the client in 2027
- Launched by Bain in 2025 to serve EMEA, Hscale has an active data center in Oslo, Norway, with two others in development in the Nordic nation
Summary
"This deal is a powerful endorsement of Hscale's strategy and our ability to deliver complex, high-capacity infrastructure for the world's most demanding cloud customers,” said Paul Berry-Selwood, chief commercial officer at Hscale. “Spain combines scale, connectivity and access to renewable energy, making it a natural location for the next generation of AI and cloud services. Hscale has not named the data center involved in the deal, but said space would be available for the client in 2027. Launched by Bain in 2025 to serve EMEA, Hscale has an active data center in Oslo, Norway, with two others in development in the Nordic nation.