Spain’s biggest oil firm Repsol is entering the data center business with an investment of $4.2 billion (4 billion euros) as part of its diversification drive, Spanish daily Expansion reports, quoting sources close to the plans. Repsol plans a project of 400 megawatts (MW) near Zaragoza in Spain’s northeastern region of Aragon, where Amazon and Microsoft have recently announced major investments in data centers. The Spanish firm is reportedly planning to unblock investments it had frozen amid regulatory uncertainty about Spain’s…
