Amazon sets aside more than $17 billion for expanding data centers in Spain

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Amazon’s cloud computing division, AWS, has announced plans to invest 15.7 billion euros in data centers in the Aragon region of Spain. This significant investment is part of the company’s expansion strategy in the country and is set to take place over the next 10 years. The Aragon government has described this investment as the largest in technology in Spain and southern Europe.

This new plan replaces a previous one from 2021, in which Amazon allocated 2.5 billion euros to Spain. The investment is expected to create an estimated 17,500 jobs at local businesses per year through 2033, providing a boost to the region’s economy.

Amazon’s decision to choose Spain for its data centers has been praised by the Minister of Digital Transformation, José Luis Escrivá, who highlighted that it positions the country at the forefront of technological innovation and Artificial Intelligence in Europe. Furthermore, the company has committed to powering its data centers in Spain with renewable energy, aligning with its sustainability goals.

In recent years, cloud providers like AWS and Microsoft’s Azure have been investing heavily in Europe to build data centers. These providers have often clustered in the same regions to leverage infrastructure and connectivity advantages.

Overall, Amazon’s investment in the Aragon region of Spain demonstrates the company’s commitment to expanding its cloud computing operations in Europe. This strategic move is expected to not only boost the local economy through job creation but also position Spain as a key player in the technology and innovation sector within Europe. By powering its data centers with renewable energy, Amazon is also showcasing its dedication to sustainability and environmental responsibility.

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