TECH - Microsoft Set To Pour $7.16B Into New Data Centres In Spain's Aragon: Report | Benzinga
Microsoft Corp. (NASDAQ:MSFT) is reportedly planning a $7.16 billion investment for the construction of new data centres in Aragon, a northeastern region of Spain.
What Happened: Microsoft has applied for a permit to construct data centres on the outskirts of Zaragoza city, Reuters reported on Friday. The regional government of Aragon confirmed this information, following a report by the local newspaper El Heraldo.
The investment from Microsoft will be distributed over a span of ten years, according to the regional government. Microsoft, which recently announced a $2.25 billion investment in Madrid data centres, declined to comment on the Aragon plans.
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