Announced

ACS Group and Global Infrastructure Partners to form a joint venture in a €2bn deal.

Synopsis

ACS Group, a company dedicated to civil engineering, construction, all types of services and telecommunications, and Global Infrastructure Partners, an infrastructure investor, agreed to form a joint venture in a €2bn deal. “This agreement is a decisive step in our strategy to lead the digital infrastructure sector globally. By joining forces with GIP, we are combining ACS’s development, engineering, and construction expertise with the deep investment capacity and industry experience of one of the world’s leading infrastructure investors. Together, we are uniquely positioned to meet the surging demand for AI and cloud computing with comprehensive, sustainable solutions," Juan Santamaría, ACS Group CEO.

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