Vantage Enters Spain with €3.2 billion Investment

US operator Vantage Data Centers is entering the Spanish market and has announced plans to invest €3.2 billion ($3.78bn) in developing a data center campus in Villanueva de Gállego, the Zaragoza area of Aragon. The project will be developed in collaboration with the Aragonese company Desarrollos Ecoindustriales La Cartuja and will occupy 40 hectares of undeveloped industrial land parallel to the Huesca highway, next to the San Jorge University campus and opposite the San Miguel industrial estate.

"To accompany this project, last Wednesday the Governing Council approved the DIGA [declaration of regional interest with general interest] of this initiative, which already has 90MW of electricity supply granted through Endesa," said the president of the Government of Aragon, Jorge Azcón, during the announcement of the investment last Friday.

"With this major investment of €3.2 billion ($3.78bn), Aragon reaches €57.9bn ($65.5bn) in investments since the beginning of the legislature. It is important to remember that these business investments go far beyond astronomical figures. They have an impact on GDP, thousands of jobs, and a fiscal footprint that will strengthen Aragon's public services," added the president.