Solaria seeks stake in Telefónica data center JV

Solaria Energía y Medio Ambiente SA is reportedly in discussions to acquire a stake in a significant data center joint venture in Spain. This venture, valued at approximately €4 billion, is backed by the state and aims to bolster the region's digital infrastructure. The move aligns with broader European initiatives to expand digital capabilities and meet growing demand for data processing and storage. Solaria's potential involvement underscores the strategic importance of such infrastructure projects and the competitive landscape for developing these critical assets across the continent.