Spanish construction firm ACS is looking to develop a data center campus in Fort Worth, Texas.
As reported by the Fort Worth Report and others, ACS aims to develop a five-building campus and substation in the north of the city.
The company aims to develop on a 107-acre site near Hicks Field Road, west of Interstate 35, north of Interstate 820, and east of Business 287. Addresses for the plots involved include 10059 Hicks Field Road, 10197 Hicks Field Road, and 9401 Wagley Robertson Road.
Further details on the size and capacity of the data centers haven’t been shared.
The first phase of development would be expected to go live by the end of 2031, with Phase II following in 2034. Oncor Electric plans a substation next to the project location.
ACS is a Spanish infrastructure development firm, best known in the US as the owner of Turner Construction. The company owns or has stakes in Hochtief, Turner Construction, Dragados, CIMIC, Leighton Asia, Ventia, and numerous others. Data center clients include Meta and Vantage.
Traditionally known as a construction firm serving clients, ACS has recently pivoted to developing its own data centers that can be leased or sold to customers. Recent reports suggest the company has a potential development pipeline totaling 5GW globally.
The company’s Q3 2024 results presentation highlights an investment strategy for greenfield data centers. It noted 1.1GW of capacity (278MW in Spain, 220MW in Australia, 300MW in the US, and 300MW in Chile) totaling $3.4 billion in equity. The company says it has a further 4GW in “additional opportunities.”
The company does not have a customer yet for the Forth Worth development, Cherie Gordon of the Fort Worth Economic Development Department said during a Fort Worth City Council work session this week.
A spokesman for ACS said during the work session that the company plans to use a water loop system to decrease the amount of water used on the site.
ACS is seeking incentives from the city (via ACS DC Hicks Field Road, LLC). The company is requesting grants of up to 70 percent on ad valorem property taxes in exchange for a minimum investment of $240.8 million in the first phase by the end of 2031, alongside 28 full-time jobs with salaries of at least $150,000. In the second phase, ACS would need to invest another $240.8 million, alongside a further nine jobs, by the end of 2034. The incentives would be for ten years.
The company’s request is to be discussed by the city council during its next meeting on April 8. City staff have recommended approval.
ACS was founded in 1997 through the merger of OCP Construcciones, S.A. and Ginés Navarro Construcciones, S.A.
The company's Iridium unit in 2023 acquired a 6.7-hectare parcel of land in the Alcalá de Henares area of Madrid for the construction of a new 50MW data center.
