French telecoms operator Orange and infrastructure investor Morrison plan to create a data centre joint venture in France.
The joint venture will be a 50-50 partnership, according to reports.
400 MW
Target capacity of the joint venture
The target capacity is nearly 10 times Orange's current data centre level.
The venture will be supported by a €3 billion ($3.41 billion) investment programme combining Orange assets, Morrison funding and debt.
Orange will contribute five data centres in France to the venture. Morrison will provide equity funding to support the platform's growth.
The companies expect to sign the transaction by the end of 2026, with completion expected in the first quarter of 2027.