Amazon Web Services to invest $17.02
billion in data centers in Spain
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[May 22, 2024]
MADRID (Reuters) -Tech giant Amazon's cloud computing unit AWS will
invest 15.7 billion euros ($17.02 billion) in data centers in Spain's
northeastern Aragon region, it said on Wednesday, significantly boosting
its expansion plan in the country.
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![](../images/052224PIX/busine83.jpg)
A logo for Amazon Web Services (AWS) is seen at the Collision conference
in Toronto, Ontario, Canada June 23, 2022. Picture taken June 23, 2022.
REUTERS/Chris Helgren/File Photo/File Photo |
The
Aragon government said in a separate statement the investment
would be carried out over 10 years in the region that is already
a hub for Amazon in Spain, calling the plan "the largest
technology investment in Spain and southern Europe".
Amazon said in a statement the new plan replaced a previous one
announced in 2021, when the company earmarked 2.5 billion euros
for Spain.
The investment will support the creation of an estimated average
of 17,500 jobs in local companies per year through 2033, Amazon
said.
"Amazon Web Services' decision to choose Spain places us at the
forefront of technology innovation and Artificial Intelligence
in Europe," Digital Transformation Minister Jose Luis Escriva
was quoted by Amazon.
The U.S. tech giant said it will power its data centers in Spain
fully with renewable energy.
Different cloud providers such as AWS and Microsoft's Azure have
been investing heavily across Europe to build data centers and
have clustered in the same regions in the past.
($1 = 0.9224 euros)
(Reporting by Inti Landauro and Supantha Mukherjee, editing by
Andrei Khalip)
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