Actis, a global investment firm, has reached an agreement with European data center provider Nabiax to acquire 11 data centers across six countries in Latin America and the United States. Nabiax is jointly controlled by Asterion Industrial Partners and Telefonica. Upon completion of the transaction, Actis will become the sole owner of these data centers.
The data centers are located in Brazil, Chile, Mexico, Peru, Argentina, and the US (Florida). Asterion Industrial Partners will continue to own, operate, and expand the European assets they acquired from Telefonica four years ago. The 11 facilities have a combined IT load capacity of 23 MW, with potential for future expansion.
Originally built by Telefonica for both its own businesses and customers, the company remains a key tenant under a long-term lease agreement. This acquisition marks Actis’ seventh investment in the digital infrastructure industry, with the firm having already committed over $1 billion to the sector. The transaction complements Actis’ five existing data center platforms in Asia and Africa. Financial terms of the transaction were not disclosed.
Data Center Market Latin America
According to Actis, the data center market in Latin America is expected to grow 2.5 times over the next five years, driven by increased data generation and consumption, adoption of cloud computing and storage, trends in contracted co-location, big data, and artificial intelligence.
Mauricio Giusti, a Partner at Actis’ Sao Paulo branch, expressed delight at expanding the firm’s digital infrastructure footprint with the acquisition of these anchor assets for their pan-Latam Data Center platform. He said, “We are excited to announce our partnership with Telefonica in the region as a major consumer of the platform while simultaneously establishing the data centers as carrier-neutral facilities. The establishment of data centers is essential for connecting communities, promoting economic growth, and providing access to information and education.”
Adrian Mucalov, a Partner at Actis and Head of the firm’s Long Life Infrastructure practice, added, “This is an exciting transaction reflecting Actis’ position as a global infrastructure investor. We will leverage Actis’ expertise and experience in the energy sector to improve energy efficiency (PUE) and increase the use of sustainable energy to power the data centers. Investing in a well-established and resilient company that holds a strong position over the long term aligns with our overall strategy.”
Actis was advised by BBVA, Pinheiro Neto Advogados, and Linklaters during the transaction.
