Independent Power Transmission Operator (ADMIE) and Serverfarm, a leading global data centre management company, have signed an agreement for the creation of the Gemini consortium, aiming to develop and operate state-of-the-art hyperscale-ready data Centres in Greece.
The new strategic partnership is a milestone for the strengthening of the digital infrastructure of Greece and SE Europe, utilizing the operator's properties and facilities in Attica and other regions of the country.
The Gemini consortium will combine the expertise and resources of two leading organisations in their respective fields of activity. ADMIE, as the operator of the national electricity transmission system and a key pillar of the Greek energy sector, will ensure the reliable and sustainable energy supply of the data centers in its own facilities, with access to electricity and fiber optic networks as well as other operational resources.
For its part, Serverfarm, building on its global experience in the development and operation of advanced data centers and its strong presence in the real estate market, will provide specialized knowledge and innovation to make the joint venture a benchmark for high-quality digital services in Greece.
Gemini plans to build and operate hyperscale-ready data centers in the greater Athens area, with the creation of facilities with a total capacity of up to 130 MW. These infrastructures will contribute to the creation of a strong digital ecosystem that will support the growing needs of cloud service providers, content delivery networks and enterprises operating in Greece.
The consortium's data centers will be developed with a focus on energy efficiency, using advanced cooling technologies and "green" energy from renewable sources to minimize their environmental footprint. The consortium envisions Athens as a major digital hub in SE Europe, offering hyperscalers and other wholesale customers secure and reliable services, strengthening Greece's position in the international data economy.
Manos Manousakis, President and CEO of ADMIE, said. The agreement with Serverfarm is a milestone for the digital transformation of Greece and its emergence as a critical data hub at the crossroads of Europe, Africa and Asia.
With the Gemini consortium, we will be able to take full advantage of Serverfarm's extensive experience in the field of data centers as well as our facilities as operators in key locations throughout the country, opening up new prospects for the upgrade of digital services in the region. The demand for "green" energy, transmission and data storage will grow rapidly in the coming years and for this reason, ADMIE will continue to invest systematically in upgrading its electrical and telecommunications infrastructure."
For his part, Serverfarm founder and CEO Avner Papouchado said: "As leading technology companies and hyperscalers continue to expand in the country, we see an excellent opportunity to leverage our expertise in the region. Our strategic partnership with ADMIE underscores our mission to invest in projects that transform and create long-term value. The Greek data center market is still one of the least developed in Europe, but at the same time, its geographical location makes it ideal to act as a data gateway between continents. Our partnership with the operator to create Gemini and our shared commitment to excellence and sustainability will allow us to leverage this huge potential by offering high-quality data center services in Greece. Our goal is to meet the growing needs of hyperscalers in the region and to make Athens a major hub for the industry, shaping the digital landscape in the region."
