Nethits will invest 241M in a data centre in Valencia with Adequita and ADVentures

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El Confidencial & Invest in Spain

The infrastructure will provide computer security and data storage services to an American audiovisual multinational and plans to create 1,200 jobs in the construction phase.

Valencian capital technology company Nethits Telecom has partnered with British funds and investment managers Adequita Capital and ADVentures Partners to build a data center in Valencia with a planned investment of 241 million euros. The infrastructure could be completed by 2025 and contemplates the creation of 1,200 jobs (200 direct and 1,000 indirect jobs) during the building phase and subsequent management. 

To learn more, visit the articles here and here, as well as view the video on the left.