# How others turned land and power into data center value

> Third-party precedents: how others have taken land and power through to a sale, a partner or an operating data center in Europe. These are not Ampervia projects. Each case states what is publicly confirmed, marks what is not disclosed, and never infers a profit that the figures do not support.

- [Meco, Madrid: industrial plot to 25 MW powered land, sold for €11 million](https://ampervia.com/case-studies/meco-madrid-powered-land/) — Spain, Completed sale; operator building. A private equity manager (ActivumSG) bought a 17,650 m² plot in Meco, on the Madrid–Barcelona corridor, from two local manufacturers in July 2021, secured a **25 MW power agreement in 2022** and a dual feed in 2023, then sold it to data cen
- [Vicálvaro, Madrid: 40 MW of power rights, then a sale to DAMAC’s Edgnex](https://ampervia.com/case-studies/vicalvaro-madrid-powered-land/) — Spain, Completed sale; operator developing. The same manager repeated the play in Vicálvaro, 15 km from central Madrid: it secured a site of about 22,000 m² in 2022, obtained **40 MW of power rights** (10 MW immediately, 30 MW by Q1 2026), and sold it in October 2024 to Edgnex, the d
- [Siemensstadt, Berlin: a 1927 OSRAM glassworks with a power contract, sold to a fund](https://ampervia.com/case-studies/siemensstadt-berlin/) — Germany, Completed sale. German developer Aventos bought the former OSRAM glassworks in Berlin-Siemensstadt in 2021 in a sale-leaseback, **secured the power supply contract** for a data center with an on-site substation planned, and in December 2025 sold the data c
- [Maintal, Frankfurt-Hanau: a business park sold to a data center developer for €40.1 million](https://ampervia.com/case-studies/maintal-frankfurt/) — Germany, Completed sale. Listed landlord Sirius Real Estate acquired the Maintal technology park, between Frankfurt and Hanau, in 2006; DCD reports the purchase at about **€17 million**. After its anchor tenant left, Sirius pursued a change of use and in November 2
- [Malpica, Toledo: leased land priced at €1 million per ready-to-build MW](https://ampervia.com/case-studies/malpica-toledo-rtb-offer/) — Spain, Non-binding offer; not completed. EdgeMode controls about **105 ha** near Mora (Toledo) through a **35-year lease at €2,000 per hectare per year** (SEC filing) for a 300 MW project. In June 2026 Spark AI Foundry signed a non-binding offer to buy the project company once it 
- [Alcover, Tarragona: a bankrupt paper mill, power first, partner second](https://ampervia.com/case-studies/alcover-paper-mill-two-phase/) — Spain, In progress. After the Iberboard paper mill in Alcover entered insolvency in 2024, its majority shareholder, Scranton Enterprises, launched Iberdata: **phase 1 secures more than 20 MW** so the project qualifies as strategic in Catalonia, **phase 2 bring
- [Corsico, Milan: a steelmaker’s warehouses turned into a 13.6 MW data center](https://ampervia.com/case-studies/corsico-milan-brownfield/) — Italy, Under construction. Steel group Marcegaglia sold an industrial complex in Corsico, on Milan’s western ring road, to telecom operator Retelit (announced September 2025). The site had two warehouses of about 11,500 m², offices and a yard, with **high-capacity el
- [Montereau, Paris region: a closed coal plant offered with a fast-track grid connection](https://ampervia.com/case-studies/montereau-paris-power-plant/) — France, Exclusive negotiations. EDF closed its Montereau coal plant in 2004. In 2025 it offered the site to data center developers with a **fast-track grid connection**, and in November 2025 entered exclusive negotiations with OpCore (iliad and InfraVia) for a data center
- [Didcot, UK: planning permission on a former power station, sold for about €225 million](https://ampervia.com/case-studies/didcot-uk-planning-to-sale/) — United Kingdom, Completed sale. RWE obtained hybrid planning permission in July 2025 for a data campus on the demolished Didcot A coal power station site in Oxfordshire, then in November 2025 completed its sale to an undisclosed hyperscaler for **about €225 million**.
- [Kelsterbach, Frankfurt: an older data center bought for €81.8 million, sold for €50 million](https://ampervia.com/case-studies/kelsterbach-frankfurt-caution/) — Germany, Completed sale at a loss. Keppel DC REIT bought the Kelsterbach data center near Frankfurt Airport in 2019 for **€81.8 million**; built in 1989 as a shell-and-core facility with a lease ending in 2025, it was sold in 2025 for **€50 million**. Being in Frankfurt did