The data center decree would trigger the flight of 9 billion in investment
Three investors have already announced that if the decree is approved, they will move their projects to other countries. They account for 15% of the 67 billion euros projected in Spain until 2030.
Three international companies planning data center projects in Spain have announced they will relocate to other countries if a proposed decree regulating data centers is approved in its current form. The decree, according to Emilio Díaz, president of SpainDC, includes technical requirements that are "impossible to achieve in the short term."
The three projects, which represent a combined investment of €9,000 million by 2029, may be lost if the decree is not revised. SpainDC estimates that between 80% and 90% of the sector's planned investment of around €55,000 million could be lost if the decree is approved, with France and Portugal potentially benefiting from the relocated investments.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
