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Brussels Approves the Joint Venture of ACS, Telefónica, Santander and Government to Opt for European Gigafactory

Summary by EL ESPAÑOL
The three private investors will control 47% of the company’s capital. More information: The consortium of the Spanish gigafactory of AI fixes in Moncloa its leadership, with Francesc Fajula at the front

9 Articles

El PaisEl Pais
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informacion.esinformacion.es
Lean Left

The European Commission approves the joint venture between ACS, Telefónica and Santander, with government participation, to develop the project in Tarragona and Madrid

·Madrid, Spain
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Lean Left

Spain wants to participate in one of the main European infrastructures with a project in Móra la Nova

·Barcelona, Spain
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Lean Right

Brussels has concluded that the operation does not raise competition problems. Santander, ACS and Telefónica, the three main private investors of the project, will jointly control 47% of the company’s capital.

·Madrid, Spain
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Lean Right

The three private investors will control 47% of the company’s capital. More information: The consortium of the Spanish gigafactory of AI fixes in Moncloa its leadership, with Francesc Fajula at the front

·Spain
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Lean Left

The European Commission considers that the project does not raise competition problems, given the limited position of the companies involved in the market resulting from the transactionSánchez confirms the consortium of the Spanish AI gigafactory with Telefónica, Banco Santanter and ACS The European Commission (EC) has approved this Thursday, under the EU Merger Regulation, the creation of a joint venture consisting of ACS, Telefónica, Banco San…

·Madrid, Spain
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Right

The Spanish candidacy to house one of the great gigafactories of artificial intelligence of Europe exceeded one of its main procedures. The European Commission has given this Thursday green light to the joint venture created by ACS, Telefónica, Banco Santander and the Spanish Society for Technological Transformation (SETT), to compete for one of the ... Continue reading "Brussels gives green light to ACS, Telefónica and Santander to compete for …

·Madrid, Spain
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OKDIARIO broke the news in Madrid, Spain on Thursday, August 20, 2026.
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