Spain's Repsol to invest up to 4 billion euros in data centres, Expansion says
Published by Global Banking & Finance Review®
Posted on January 27, 2025
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on January 27, 2025
1 min readLast updated: January 27, 2026

Repsol is set to invest €4 billion in data centres near Zaragoza, Spain, boosting the area's cloud computing capabilities alongside tech giants like Amazon and Microsoft.
MADRID (Reuters) - Spanish oil company Repsol plans to invest 4 billion euros ($4.2 billion) in data centres, Expansion newspaper reported on Monday, citing unidentified sources close to the process.
The planned data centres would be located near the northern Spanish city of Zaragoza, the newspaper said.
A Repsol spokesperson did not immediately respond to a request for comment.
The Zaragoza area is set to become a major cloud computing hub, with technology giants such as Amazon and Microsoft having already announced massive investments in the area.
($1 = 0.9564 euros)
(Reporting by Inti Landauro; Editing by David Goodman)
The main topic is Repsol's €4 billion investment in data centres near Zaragoza, Spain.
Zaragoza is becoming a major cloud computing hub with investments from Repsol, Amazon, and Microsoft.
The news was reported by Expansion newspaper, citing unidentified sources.
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