{"id":25221,"date":"2024-12-04T13:53:00","date_gmt":"2024-12-04T13:53:00","guid":{"rendered":"https:\/\/damacofficial.com\/hussainsajwani\/?p=25221"},"modified":"2025-06-23T07:17:53","modified_gmt":"2025-06-23T07:17:53","slug":"damac-properties-unveils-its-first-launch-of-2025-riverside-views-2-2","status":"publish","type":"post","link":"https:\/\/damacofficial.com\/hussainsajwani\/damac-properties-unveils-its-first-launch-of-2025-riverside-views-2-2\/","title":{"rendered":"EDGNEX Data Centers by DAMAC and PPC Group announce new data center in Attica, Greece"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"25221\" class=\"elementor elementor-25221\">\n\t\t\t\t<div class=\"elementor-element elementor-element-193fd8a6 e-flex e-con-boxed sc_inner_width_none sc_layouts_column_icons_position_left e-con e-parent\" data-id=\"193fd8a6\" data-element_type=\"container\">\n\t\t\t\t\t<div class=\"e-con-inner\">\n\t\t\t\t<div class=\"elementor-element elementor-element-31892227 sc_fly_static elementor-widget elementor-widget-text-editor\" data-id=\"31892227\" data-element_type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<p><strong>DUBAI:<\/strong> EDGNEX Data Centers by DAMAC and PPC Group have announced the launch of <b>Data In Scale (DIS)<\/b>, a joint venture (DAMAC 55% &#8211; PPC 45%) focused on developing a state-of-the-art data center in Spata, Greece. The announcement was made at an exclusive meet and greet attended by Hussain Sajwani, Founder of DAMAC, Georgios Stassis, PPC Group Chairman and CEO, and Alexander Paterakis, PPC Group Deputy CEO &#8211; Digital, alongside key senior executives. This collaboration brings together DAMAC\u2019s expertise in real estate and data center development with PPC Group\u2019s leadership in clean energy, ensuring the timely and world-class delivery of the facility.<\/p><p>The first phase will involve a EUR 150 million investment to develop 12.5MW of capacity, with plans to scale up to 25MW in subsequent phases. The project is currently in the design and licensing stages, with construction set to begin in Q1 2025. The new entity, Data In Scale, aims to complete the first phase within two years, meeting the growing demand for cloud computing, digital transformation, and data storage solutions.<\/p><p><b>A Collaborative Vision for Digital Growth<br \/><\/b><span style=\"font-size: 18px; text-align: var(--text-align); background-color: var(--theme-color-bg_color); color: var(--theme-color-text); letter-spacing: 0.1px;\">The data center is designed to set new benchmarks in secure, scalable, and sustainable digital infrastructure. By combining DAMAC\u2019s legacy of development excellence, EDGNEX\u2019s innovative approach to data center design and delivery, and PPC Group\u2019s in-depth local market and energy expertise, this facility will serve businesses, industries, and organizations seeking advanced data solutions.<\/span><\/p><p>Strategically located in Spata, East Attica, the facility is poised to become a critical hub connecting Europe, Asia, and Africa, reinforcing Greece\u2019s position as a leader in IT capacity in Southeastern Europe. Supported by government initiatives and strategic investments, the collaboration is set to drive regional digital growth.<\/p><p><strong>Speaking about the project, Sajwani stated:<\/strong> <em>\u201cThis partnership with PPC reflects our shared vision of creating a world-class data center that caters to the diverse and evolving demands of today\u2019s digital economy. By leveraging EDGNEX\u2019s expertise in delivering reliable and agile infrastructure and DAMAC\u2019s proven capabilities in large-scale developments, we are building a future-ready facility to empower businesses with secure, scalable, and high-performance data solutions.\u201d<\/em><\/p><p><b>Additionally, Stassis noted:<\/b> \u201cThis partnership with DAMAC marks a transformative step for PPC as we advance into the future of digital innovation. By merging PPC\u2019s energy expertise with DAMAC\u2019s global leadership in data center development, we are building infrastructure that will empower businesses, drive Greece\u2019s digital transformation, and position the country as a pivotal player in Southeast Europe\u2019s data ecosystem. This powertech initiative underscores our commitment to sustainable growth, technological excellence, and fostering regional collaboration. Together, we are poised to meet the growing demands of the digital era while propelling economic progress and solidifying Greece\u2019s strategic role on the global tech stage.\u201d<\/p><p><strong>Driving Digital Transformation: DAMAC and PPC&#8217;s Global and Regional Vision For DAMAC<\/strong>, the Greece project builds on the Group\u2019s significant global investments in digital infrastructure under the EDGNEX umbrella, including a $1 billion overall investment in Thailand and a EUR 400 million project in Madrid, Spain, announced recently along with continued investments and progress across APAC, European markets, and the Middle East. These initiatives reflect DAMAC\u2019s strategic focus on fostering innovation and delivering sustainable, high-quality infrastructure that powers customers worldwide. The joint venture with PPC, through the creation of Data In Scale, is a testament to EDGNEX\u2019s vision of driving innovation in the digital infrastructure space and enhancing economic opportunities in global markets.<\/p><p><strong>For PPC Group<\/strong>, this partnership complements a series of strategic initiatives aimed at shaping Greece\u2019s digital future, bolstering technology and connectivity. PPC\u2019s ongoing projects include the nationwide rollout of a Fiber-to-the-Home (FTTH) network via its subsidiary FiberGrid, delivering ultra-fast internet access to households and businesses; the participation in the East-to-Med Data Corridor, for the development of interconnected submarine and terrestrial cables to enhance cross-border energy and data exchange; and the Olympus AI project, a pioneering effort in leveraging artificial intelligence for energy management and innovation. Through these ventures, PPC is integrating its energy expertise with state-of-the-art digital infrastructure and technology, driving economic growth, and reinforcing its position as a key enabler of Southeast Europe\u2019s digital and energy transformation.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>DUBAI: EDGNEX Data Centers by DAMAC and PPC Group have announced the launch of Data In Scale (DIS), a joint venture (DAMAC 55% &#8211; PPC 45%) focused on developing a&hellip;<\/p>\n","protected":false},"author":3,"featured_media":25271,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[194],"tags":[],"class_list":["post-25221","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-press"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>EDGNEX Data Centers by DAMAC and PPC Group announce new data center in Attica, Greece - 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