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    Home > Finance > Spain's Repsol to invest up to 4 billion euros in data centres, Expansion says
    Finance

    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 read

    Last updated: January 27, 2026

    This image illustrates Repsol's significant investment of 4 billion euros in data centres near Zaragoza, Spain. The investment highlights the growing importance of cloud computing and data infrastructure in the finance sector.
    Repsol's investment in Spanish data centres, emphasizing finance and tech growth - Global Banking & Finance Review
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    Quick Summary

    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.

    Repsol to Invest €4 Billion in Spanish Data Centres

    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)

    Key Takeaways

    • •Repsol plans to invest €4 billion in data centres.
    • •The centres will be located near Zaragoza, Spain.
    • •Zaragoza is becoming a major cloud computing hub.
    • •Amazon and Microsoft have also invested in the area.
    • •Repsol's spokesperson has not commented yet.

    Frequently Asked Questions about Spain's Repsol to invest up to 4 billion euros in data centres, Expansion says

    1What is the main topic?

    The main topic is Repsol's €4 billion investment in data centres near Zaragoza, Spain.

    2Why is Zaragoza significant?

    Zaragoza is becoming a major cloud computing hub with investments from Repsol, Amazon, and Microsoft.

    3Who reported the news?

    The news was reported by Expansion newspaper, citing unidentified sources.

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