11 November 2024

BBVA Advises Asterion Industrial Partners in the sale of Nabiax to Aermont

BBVA Corporate & Investment Banking (BBVA CIB) has acted as Financial Advisor to Asterion Industrial Partners in the sale of 100% stake of Nabiax, the leading data centre platform in Iberia, to Aermont.


Nabiax, jointly owned by Asterion (80%) and Telefónica (20%), stands as the leading carrier-neutral data center owner, developer, and operator in Spain, measured by installed capacity. Its portfolio includes two data center campuses in Madrid and one in Barcelona offering a combined installed IT power capacity of 35 MW and the opportunity to scale to over 100 MW in the medium term.

This landmark transaction further consolidates BBVA’s reputation as a leading M&A advisor in the TMT (Technology, Media, and Telecommunications) sector. BBVA CIB’s distinctive M&A execution expertise and deep sector knowledge were instrumental in facilitating the successful completion of this complex transaction, reinforcing BBVA’s standing as a trusted advisor in high-profile deals across the industry.