Solaria Eyes Stake in €4 Billion Telefónica, ACS Data Center JV

Solaria Energía y Medio Ambiente SA is in talks to join a state-backed consortium seeking to develop a €4 billion ($4.7 billion) data center hub in Spain, part of broader European efforts to expand digital infrastructure, according to people familiar with the matter.

The company is discussing an equity investment in the group, which is led by Telefónica SA and ACS SA, the people said. No decision has been made and Solaria could still decide not to join the group.