en.Wedoany.com Reported - Spanish renewable energy company Grupo Fotones is planning to build a 140MW campus project near the Espinardo University campus. Named Casiopeia, the project is expected to involve an investment of up to €1.15 billion (approximately $1.33 billion), making it one of the largest technology investments ever announced in the autonomous community.
The project will be developed in two phases. The first phase will provide 78MW of capacity, followed by a second phase expansion adding an additional 62MW. The project plans to include an on-site substation. If construction proceeds as planned, work could begin by the end of 2027 and be completed in 2028.
Grupo Fotones CEO Santiago Madrigal stated that the choice of Espinardo as the project location was primarily based on the availability of power capacity and existing fiber optic connections in the area. The company has obtained grid access permits for the first phase of the project from Iberdrola and is currently processing the necessary procedures to secure power supply for the second phase.
The company is considering two possible campus sites: one within the Myrtea commercial complex, and another on a plot of approximately 70,000 square meters (753,473 square feet) near the Espinardo University campus. Preliminary agreements have been reached for both sites, pending completion of relevant procedures to proceed with development.
Grupo Fotones has hired Deloitte to explore the involvement of professional operators and investors interested in taking over the future management of the facility. While the company has not entirely ruled out developing the project entirely on its own, its strategic goal is to attract established data center operators to drive the campus to final completion.
Founded in 2006, Grupo Fotones (also known as Photons Group) has developed over 1.2GW of solar power capacity in Spain and Latin America. The company is a subsidiary of Fotones Energy & Water.
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