Finance
Amazon to invest additional $21 billion in Spain for data centres, AI
Published by Global Banking & Finance Review®
Posted on March 2, 2026
2 min readLast updated: March 2, 2026
Quick Summary
Amazon will invest an additional €18 billion (about $21 billion) in Spain to expand data centres and AI capabilities, raising its total commitment to €33.7 billion and reinforcing Spain—especially Aragon—as a major tech and AI hub.
Amazon to invest additional $21 billion in Spain for data centres and AI
Amazon's Major Investment in Spain: Details and Impact
Overview of the Investment
BARCELONA, March 2 (Reuters) - Amazon said on Monday it would invest an additional 18 billion euros ($21 billion) in Spain to expand its data centres and boost AI innovation, bringing its total investment in the country to 33.7 billion euros.
Announcement and Key Figures
Amazon announced the investment after Spain's Prime Minister Pedro Sanchez met David Zapolsky, Amazon's chief global affairs and legal officer, at the Mobile World Congress in Barcelona.
Job Creation and Economic Impact
Zapolsky said the investment would support up to 30,000 jobs until 2035.
AI and Technology Focus
"With this investment, we make Spain the AI epicentre of our operations in Europe," he said.
Previous Investments and Future Plans
AWS Data Centres in Aragon
Last year, Amazon announced that its cloud computing unit AWS would invest 15.7 billion euros in data centres in Spain's northeastern Aragon region, which would support the creation of an estimated average of 17,500 jobs per year at local companies through 2033.
Currency Exchange Rate
($1 = 0.8519 euros)
Reporting Credits
(Reporting by Joan Faus; Writing by David Latona and Emma Pinedo; Editing by Charlie Devereux and Ros Russell)
Key Takeaways
- •This new €18 billion investment builds on prior AWS commitments, bringing total investment in Spain to €33.7 billion, and marks one of the largest tech infrastructure moves in Europe.
- •Amazon’s prior €15.7 billion plan focused on expanding its AWS Europe (Spain) Region in Aragon, supporting 17,500 jobs annually and contributing €21.6 billion to GDP by 2033, while leveraging 100 % renewable energy and sustainability initiatives.
- •Spain—especially the Aragon region—is rapidly emerging as a digital and AI powerhouse in southern Europe, attracting massive hyperscaler investments, improving digital infrastructure, and enhancing regional economic development.
Frequently Asked Questions about Amazon to invest additional $21 billion in Spain for data centres, AI
1How much is Amazon investing in Spain?
Amazon is investing an additional 18 billion euros ($21 billion) in Spain.
2What will Amazon's new investment in Spain be used for?
The investment will expand Amazon's data centres and boost AI innovation in Spain.
3What is Amazon's total investment in Spain to date?
Amazon's total investment in Spain will reach 33.7 billion euros after the new funding.
4When was the new investment in Spain announced?
The investment was announced on Monday, March 2.
