NewswireTODAY - /newswire/ - Albany, OH, United States, 2024/11/08 - HOCHTIEF's North American-based company Turner has begun work on a USD 2 billion project to expand Vantage Data Centers’ campus in New Albany, Ohio - Vantage-dc.com / TurnerConstruction.com / HOCHTIEF.com. ASX: CIM

The campus is Vantage’s first project (vantage-dc.com) in the Midwest and will provide secure and reliable infrastructure for cloud technologies and artificial intelligence. Situated on 28 hectares, the data center will provide 192 megawatts of capacity across more than 140.000 square meters, the size of 20 soccer fields. It will be built in alignment with Turner (turnerconstruction.com) and Vantage’s sustainability goals and will seek to achieve LEED Silver accreditation. The campus will be included in Vantage’s commitment to achieving net zero operational carbon emissions by 2030 across its global portfolio. The first building will be opened in 2025.

With this contract, HOCHTIEF further expands its strong global position in the rapidly growing data center market. As of June, the Group’s order backlog of data center projects stood at EUR 6.2 billion, and has almost doubled over the past twelve months thanks to a significant acceleration of new orders driven by artificial intelligence infrastructure demands.

To further capitalize on accelerating data center investments in Europe, HOCHTIEF announced the acquisition of Dornan, a leading European advanced-tech engineering specialist in July. Together with Dornan and using the Group’s existing local capabilities, Turner intends to offer full turn-key solutions to clients in Europe, applying its low-risk construction management business model to the rapidly expanding advanced technology market where it has identified a potential project pipeline of over EUR 20 billion.

About HOCHTIEF

HOCHTIEF (hochtief.com) is an engineering-led global infrastructure solutions provider with leading positions in North America, Australia and Europe and a rapidly expanding presence in high-tech, energy transition and sustainable infrastructure markets. With around 41,500 employees and a sales volume of EUR 27.8 billion in 2023, HOCHTIEF is the leading construction management and green building company in the U.S. (through Turner), the largest contractor in the Australia infrastructure services market (CIMIC), a key player in U.S. transportation infrastructure (Flatiron) and a renowned civil engineering and building construction company in Europe. The Group’s PPP and infrastructure development activity is complemented by its 20% stake in the leading international toll road concessions operator Abertis. HOCHTIEF’s strong competitive position is underpinned by the Group’s engineering know-how, innovative digital systems and supply chain & logistics solutions. Thanks to its long-standing commitment to sustainability, HOCHTIEF, where green projects account for almost 50% of Group sales, has been listed in the Dow Jones Sustainability Indices since 2006 and is committed to delivering on its ESG agenda including a net-zero target for 2045.

Agency / Source: HOCHTIEF AG

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