AtlasEdge Divests Nine European Data Centers to Spain's Templus in Strategic Portfolio Shift

AtlasEdge Divests Nine European Data Centers to Spain's Templus in Strategic Portfolio Shift December 16, 2025 In a significant move reshaping the European data center landscape, AtlasEdge has agreed to sell a portfolio of nine facilities across the continent to Spanish operator Templus. The transaction, announced this week, underscores the ongoing strategic realignment within the digital infrastructure sector as operators refine their footprints to focus on core markets and scalable assets. The deal involves data centers located in key European cities, including Madrid and Barcelona in Spain; Milan, Italy; Zurich, Switzerland; Paris, France; Amsterdam, Netherlands; London and Leeds in the UK; and Copenhagen, Denmark. While financial terms were not disclosed, the transaction is expected to be finalized in the first half of 2026. For AtlasEdge, a joint venture formed in 2021 by Liberty Global and DigitalBridge, the sale represents a strategic pivot. The company stated the divestment aligns with its refined focus on "larger sites with significant long-term growth potential." AtlasEdge CEO Tesh Durvasula explained the rationale, saying, "It strengthens our ability to invest in the regions where we see exceptional long-term growth, while ensuring these sites continue under a focused operator well-placed to support their future." The company noted it is concurrently scaling its footprint in Germany, Austria, and Portugal, with new developments underway in Vienna and Lisbon. For Templus, the acquisition marks a decisive leap into international markets, representing its first expansion beyond Spain. The deal will significantly boost the operator's scale, adding a portfolio with a combined capacity of over 60 megawatts (MW) and serving approximately 750 customers to its existing operations. Templus, launched last year after investment firms ICG and Teras Capital acquired the data center unit of Spanish telco Avatel, currently operates facilities across Spain with a total capacity of 15.8MW. CEO Nacho Velilla framed the move as the beginning of the company's "European internationalization, with the firm objective of growing in all markets that are now integrated into Templus’ network." The transaction carries broader implications for the industry, highlighting a trend of portfolio optimization among established players and the aggressive growth ambitions of regional operators. For AtlasEdge, the sale allows a sharper concentration on high-density, scalable facilities in strategic locations. As Henry Harris, AtlasEdge's chief strategy officer, noted, "This transaction marks an important milestone as we continue to refine our portfolio around customer demand." For Templus, the acquisition provides immediate pan-European scale and a diversified customer base. Felix de la Fuente, Templus's chief commercial officer, emphasized the strategic fit, stating the facilities provide "European businesses with a sovereign and native infrastructure for regulatory compliance," which is "critical for AI-ready operations, regulatory alignment, and hybridization with centralized cloud ecosystems." Financial advisers ING and legal advisers Linklaters advised AtlasEdge on the deal, while AZ Capital and Uría Menéndez acted for Templus. Source: datacenterdynamics