Spain’s Ferrovial Commits €1 Billion to Build Data Center Campus in Madrid

Spanish infrastructure giant Ferrovial is deepening its push into digital infrastructure by investing an estimated €1 billion ($1.1 billion) to develop a large-scale data center campus in the Alcobendas district of Madrid. The move, executed through its subsidiary Ferrovial Digital Infrastructure (FDI), signals a strategic diversification into assets underpinning the digital economy.

The project is slated for phased development, with the first phase—designated MAD01—involving the construction of a data center with a total capacity of 60MW, including 40MW of IT load. This initial phase represents an investment of €153 million and will occupy one of four plots within the Valdelacasa area. Once fully built out, the entire campus is expected to span approximately 32,000 square meters (344,445 square feet).

The development has been classified as a project of “Special Interest” by the Community of Madrid and is being processed through the Regional Investment Accelerator, a mechanism designed to fast-track permitting and approvals. Ferrovial has already secured key favorable sectoral reports and the necessary permit to begin earthworks, positioning the project for a swift start.

Ferrovial is no stranger to the sector, having previously built data centers in Madrid for major clients including Microsoft and Telefónica. With this campus, the company is transitioning from a construction partner to a direct developer and landlord of data center capacity, leasing space to hyperscale and enterprise customers. It joins a growing list of Spanish industrial and energy firms—such as ACS, Krambol, and numerous renewable energy companies—that are moving into the data center development space amid surging demand across Europe.