Enemalta to build €75 million underground secure data hub with Streamcast

IP cloud operator Streamcast Technologies will be using Enemalta’s underground facilities to develop a Tier 4 data centre, that will help Enemalta maximise the potential of its extensive underground infrastructure and international fibre optic connectivity.

The agreement will see a €75 million investment in the global data centre market, for the development of a secure data hub underground, at Marsa.

By the end of the year, Enemalta plc will be completing the necessary infrastructural preparations for this development.

The servers and other equipment of the new data centre will be installed in one of Enemalta’s underground facilities at Marsa.

Streamcast currently powers wired and wireless operators to deliver on-demand video streaming, live events, VOIP and video chat to over 33 million users across India, South East Asia and MENA.

Streamcast chairman Nimish Pandya said the from the Enemalta collaboration would be beneficial to the economy of Malta.

Enemalta chairman Fredrick Azzopardi said the agreement was a blueprint for the future of the company. “Securing the necessary resources to continue offering our customers efficient and reliable electricity services at some of Europe’s lowest tariffs is a tough challenge we need to overcome every day. Consolidating Enemalta as a lean and financially-sustainable enterprise means that we have to be creative and seek new ways of diversifying our operations and maximising the potential of our resources.”