Data centers: Spain does not miss the opportunity to miss an opportunity
The data center sector is facing bad luck with the elections, which increase the temptation to sustain it and not amend it in the midst of the approval of the controversial decree that threatens millionaire investments.
The Spanish government has announced a decree to regulate the data center industry in Spain, which SpainDC, the industry's trade association, warns will be the most restrictive in Europe. The decree may make it economically unviable for many data center projects to proceed, potentially causing the loss of 60,000 million euros in investment by 2030.
SpainDC estimates that up to 90% of planned data center projects, worth 67,000 million euros, are at risk due to the proposed regulations. The industry association argues that the decree's requirements are excessive and will drive investment to neighboring countries such as Portugal and France.
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.
