News
The investment will be spread over the next ten years
Microsoft is set to invest €6.7billion ($7.16 bn) in data centre development in Aragon, Northeastern Spain.
According to a report from local Spanish newspaper El Heraldo, Microsoft has applied for a construction permit to build its data centres near Zaragoza, in the Northeast of the country.
“Microsoft’s new data centre region will provide cutting-edge, sustainable, and secure AI solutions for Spain and the rest of Europe,” said Spanish Minister for Digital Transformation, José Luis Escrivá.
“It is a great satisfaction that Microsoft is once again betting on Spain for the deployment of state-of-the-art infrastructure and services, thus contributing to the positioning of our country at the forefront of digital transformation,” he continued.
The particular area of Spain has become a recent hotbed for data centre investment, in part due to the area’s renewable energy capacity to power their facilities with. Last month, Amazon Web Services (AWS) announced plans to invest €15.7 billion in the region, two years after opening its AWS Europe (Spain) hub in three locations in the area. AWS has said that its recent investment in the region will support 17,500 full-time equivalent jobs in local businesses on an annual average basis, and will contribute an estimated €21.6 billion to Spain’s GDP until 2033.
In a near region of Spain, Microsoft has opened its first cloud region of data centres in the Community de Madrid, which will provide AI, cloud services and solutions to European companies, offering them “reliability, security, privacy, and data residency,” says Microsoft. The deployment is part of the company’s commitment to invest $2.1 billion in Spain before the end of next year.
Keep up to date with the latest international telecoms news by subscribing to the Total Telecom daily newsletter
Also in the news:
Vietnam suffers three subsea cable outages
South Korea revokes Stage X’s mobile license
Brsk and Netomnia merge as UK alnet consolidation continues