Iron Mountain and AGC Equity Announce €300 Million Joint Venture for Frankfurt Data Center Development

Iron Mountain and AGC Equity Partners have announced a significant €300 million joint venture to construct a 27-megawatt hyperscale data center in Frankfurt, Germany, aimed at serving a U.S.-based Fortune 100 customer. This venture highlights Iron Mountain’s ongoing efforts to expand its data center capabilities globally, aligning with increasing demand for secure, large-scale data solutions. With Frankfurt being a vital hub for data centers in Europe, this move signifies a strategic step in both companies’ growth trajectories.