Coravel, a data center integrated digital infrastructure platform created as a 50-50 joint venture (JV) between ACS Group, a civil engineering and infrastructure firm in partnership with Global Infrastructure Partners (GIP) an infrastructure investment firm acquired by BlackRock in 2024, has secured its first major hyperscaler customer.
The company officially launched its operating brand following the partnership’s announcement in November 2025. Coravel’s initial pipeline includes 1.7 GW of planned development capacity, representing 1.2 GW of IT load across projects in Europe, the United States and Australia.
According to an ACS Group press release, the agreement will support approximately 140 MW of critical IT capacity across three new data center facilities at Coravel’s Dallas-Fort Worth campus. The customer also has expansion rights for an additional 100 MW across two future facilities at the site. Construction will be carried out by Turner, an ACS Group company, with the campus expected to come online in phases through 2028.
Howard Boville, CEO, Coravel, said, “Our customers are transforming the way the world works through AI and cloud technologies, and our role is to help deliver the digital infrastructure that makes it possible.”
Juan Santamaría, CEO, ACS Group, said, “The launch of Coravel represents an important milestone in ACS Group’s strategy to build a leading global digital infrastructure platform, by combining our proven development, engineering, and construction expertise with GIP’s long-term investment strength, we’ve created a business uniquely positioned to help customers meet one of the world’s fastest-growing infrastructure needs.”
Coravel enters the market as demand for data center capacity continues to grow, driven by artificial intelligence and cloud computing. The company is targeting a more integrated approach to infrastructure delivery by combining site development, power planning, construction, investment and operations within a single platform.
The model is intended to help customers navigate challenges that have slowed data center development, including power availability, land acquisition, supply chain constraints and coordination between multiple contractors and service providers.