Colocation firm Nabiax has secured leases totaling 10MW for its data center campuses in Madrid, Spain.

The company will add 7.5MW and 2.5MW of IT capacity at its Alcala de Henares and Julian Camarillo data center campuses, respectively.

The additional capacity has already been leased out to two unnamed hyperscalers, Nabiax said.

The company plans to invest €47 million ($51m) to complete the capacity expansion, which will take the company’s total installed capacity to 36MW.

“We continue to provide quality service to all our customers and continue to expand our operations to consolidate our leading position in data centers nationwide, and our role as the partner of choice for hyperscalers in Spain,” said Emilio Diaz, CEO of Nabiax.

He added that the company’s goal is to be the first to reach 100MW of installed power in Spain.

It was only in June last year that Nabiax began expansion works at its Alcala de Henares data center, bringing the facility’s IT capacity to 22MW.

Nabiax was formed by Asterion Industrial Partners in 2019 after it bought 11 data centers from Telefónica for €550 million ($616 million). The deal totaled 29MW across seven countries: two each in Argentina, Brazil, Spain, and Peru, with additional individual sites in Chile, Mexico, and the US. Nabiax was then created to offer colocation and hosting services across Spain and Latin America.

In May 2021 Telefónica announced it had sold a further four data centers to Asterion Industrial Partners in exchange for a 20 percent stake in its Nabiax hosting business: two facilities in Chile and two Spanish sites in Madrid and Terrassa.

Last year, Asterion and Telefonica began selling off parts of Nabiax, with Actis acquiring 11 data centers in Latin America from Nabiax in March 2023.

Today, Nabiax currently lists three data centers on its website; two in Madrid and one in Barcelona.

Madrid is also home to operators such as Digital Realty, Iron Mountain, CyrusOne, NTT, Equinix, GlobalSwitch, and Cogent.

A recent report from JLL predicted Madrid would see an average of 49 percent increase in market size this year.