ACS Group global data center platform announces first hyperscale lease at Dallas-Fort Worth campus and new brand

ACS Group today announced a major commercial milestone for its data center platform with Global Infrastructure Partners (GIP), securing a long-term hyperscale lease at its Dallas-Fort Worth Metroplex campus in Texas, alongside the launch of Coravel as its operating brand.

The agreement covers circa 140 megawatts of critical IT load across three purpose-built facilities, with expansion rights over a further circa 100 megawatts IT across two additional facilities. It represents the first major hyperscale lease for the platform globally and a strong validation of demand for large-scale, well-located digital infrastructure.

Coravel will serve as the unified brand for the 50-50 joint venture announced by ACS and GIP, a part of BlackRock, in November 2025 to develop and operate next-generation data centers worldwide.

ACS Chief Executive Officer Juan Santamaría said: “This milestone demonstrates the strength of demand for well-located, well-powered and well-executed digital infrastructure. With Coravel, we are combining ACS’s development, engineering and construction capability with GIP’s investment expertise to build a platform designed to deliver at scale in markets with strong long-term demand."

“More broadly, it reflects the strength of our investment strategy globally, as we continue to build a high-quality portfolio of assets, leveraging our integrated capabilities to meet growing demand for digital infrastructure and other critical infrastructure.”

Turner, an ACS company, will lead construction delivery, drawing on its extensive experience in delivering complex, large-scale data center projects in North America, including full lifecycle execution from early works through to commissioning. Turner is ranked as the number one global data center builder.

Through Coravel, ACS is extending its integrated model into digital infrastructure, combining its engineering, design and construction capability with long-term capital to deliver projects at scale. The platform is focused on meeting the needs of hyperscalers, AI companies and enterprises requiring reliable, scalable capacity delivered at speed.

The platform brings together ACS’s pre-existing portfolio of approximately 1.2 gigawatts IT of data center assets under development across Europe, the United States and Australia, alongside a substantial pipeline of future opportunities under review in key global markets.

The Dallas-Fort Worth campus forms part of the initial portfolio contributed by ACS and will be delivered through a phased construction program, with staggered service dates through 2028.

About ACS Group

The ACS Group is a global infrastructure and project-development leader with integrated capabilities across investment, design, engineering, construction, and operations. Its work spans next-generation mobility, advanced technology, energy transition, critical minerals, natural resources, social infrastructure, and large-scale civil engineering.

With more than 150,000 employees worldwide and 2025 revenue of €49.9 billion, the ACS Group combines global scale with integrated project capabilities. Its worldwide network enables the Group to mobilize resources quickly and efficiently for clients, provide meaningful career opportunities for its people, and invest in innovation and research for the long term.

ACS brings deep market insight, trusted community relationships, and world-class technical expertise to deliver complex solutions across sectors and geographies. In 2025, ACS Group was ranked No. 1 on ENR’s Top 250 International Contractors list.