Microsoft to invest $7.16 bn in new data centres in northeastern Spain

Microsoft plans to invest 6.69 billion euros ($7.16 billion) to develop new data centres in Spain’s northeastern region of Aragon, which is becoming a major cloud computing hub within Europe.

Aragon’s regional government said the U.S. tech giant had applied for a construction permit to build data centres at a site outside the city of Zaragoza, confirming a report by local newspaper El Heraldo.