Greece’s Independent Power Transmission Operator (IPTO) and global data center developer, Serverfarm, have announced the formation of Gemini, a joint venture that aims to develop and operate hyperscale-ready data center facilities in Athens and other regions across Greece.
The agreement marks a significant step forward in enhancing the country’s digital infrastructure and driving sustainable growth in its data-driven economy.
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Gemini: Foundational Digital Ecosystem
Gemini will leverage the combined strengths of IPTO and Serverfarm—two leaders in their respective fields. IPTO, a cornerstone of Greece’s energy sector, manages the national electricity grid while prioritizing stability and renewable energy adoption. It will contribute reliable and sustainable power supply, strategically located sites with access to power and optical fiber networks, and other operational resources critical to data center operations.
Serverfarm will bring advanced design capabilities and operational excellence to position the joint venture as a leader in Greece’s data center market.
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Athens as a Key Hub
The initial phase of Gemini’s operations will focus on constructing a hyperscale-ready data center campus in the Greater Athens Area, with a committed power capacity of 130 MW. This campus will serve as a foundation for a robust digital ecosystem, addressing the growing needs of cloud service providers (CSPs), content delivery networks (CDNs), and enterprises.
Designed with energy efficiency at its core, the facilities will incorporate cutting-edge cooling technologies and renewable energy solutions to reduce their environmental footprint.
Gemini envisions establishing Athens as a key digital hub, offering secure, low-latency, and sustainable data center services to both domestic and international clients. This initiative is set to strengthen Greece’s standing in the global data economy while promoting innovation and connectivity.
