Teras and ICG acquire Avatel’s data center business

Templus has been created by ICG’s infrastructure team (“ICG Infra”) and Teras, an investment platform.
It uses a new business model based on infrastructures close to end customers, security and with the highest standards of sustainability and energy efficiency.

With this acquisition, Templus achieves significant synergies in key Spanish markets and begins its international expansion, managing a portfolio of more than 60 MW and 750 customers across high-growth colocation markets.

The Spanish telecommunications infrastructure manager, with operations in several European countries, has closed a deal with Teras for the acquisition of  local operators in Spain.

The financial structure combines bank debt, institutional financing, and equity provided by the partners. This structuring represents a historic milestone in the financing of this segment of sports infrastructure.