Report: Hscale signs hyperscaler deal worth over $1bn for Spain

Capacity expansion of 50 MW (Barcelona, BCN1) and 192 MW (Madrid, MAD1); capacity expected to be available from 2027.

Bain Capital-backed data center company Hscale has signed a contract worth more than $1 billion with an undisclosed hyperscaler for capacity at its Spanish facilities BCN1 (Barcelona, 50 MW) and MAD1 (Madrid, 192 MW); the capacity is expected to be available in 2027. Single-source reporting (baxtel.com, 9 Sep 2026) — deal value exceeds $1 billion, a second independent source was not found.