Schwarz Group to Invest €5.6 Billion in Data Centre in Northern Germany
Major Investment in German Data Infrastructure
Overview of the Investment
Aug 27 (Reuters) - Schwarz Group, which owns the discount retailer Lidl, plans to invest €5.6 billion to build a data centre in the northern German state of Mecklenburg-Western Pomerania, the German supermarket conglomerate said on Thursday.
Data Centre Capacity and Timeline
• The data centre will have a capacity of 240 megawatts by 2033, it said in a statement
Strategic Objectives
• The investment is aimed at expanding cloud and AI capabilities in Germany and Europe
Future Expansion Potential
• Schwarz Group sees potential to expand capacity to a connected load of 1 gigawatt by 2045
Reporting and Editorial Team
(Reporting by Tom Kaeckenhoff, writing by Linda Pasquini, editing by Friederike Heine)


