HSCALE has signed a contract worth more than $1bn with an American cloud provider it will not name, for a Spanish data centre campus it will not locate.
The company announced the deal this week. It describes the customer only as “a significant global cloud provider” and the site only as “a strategic metropolitan area within the Iberian Peninsula”.
The release ends with one sentence on the subject: “The counterparty’s identity and detailed commercial terms remain confidential.”
What the release says
The contract is worth over $1bn. The build carries roughly $1bn of capital investment. The first ready-for-service date is 2027.
