Azcón denies a data center bubble and reiterates that Aragon has “abundant land”

The Aragonese president , Jorge Azcón, participated this Wednesday in the DCD Connect conference in Madrid, one of the leading data center events currently underway. He took advantage of the opportunity to open the door to further investment and praise Aragon ‘s emerging role in the sector. ” I am convinced that in the coming weeks and months we will continue to announce billions of euros in investments,” the DGA leader explained.

From Madrid, Azcón criticized the Spanish government for talking about a data center ” bubble ” when, citing a study by the Boston Consulting Group, 143 have been deployed nationwide, compared to 144 in Poland, 163 in Italy, 315 in France, 514 in the United Kingdom, and 5,381 in the United States. “Much more advanced economies have many more, and in Aragon we are convinced that they are a basic infrastructure for economic development. We need more centers and more energy,” he said.

In the words of the president, the region still has “abundant land” and “a government willing to collaborate” to find it. ” We still have room, and they can continue to come and invest“, he reiterated, referring to “the number of Aragonese companies” that are beginning to specialize in the data and artificial intelligence industries, “with real experience” in these fields.

Azcón appealed to the role of the Central Executive to “achieve a sufficient pace of development.” Thus, he described allowing private companies to enter the electricity grid as ” essential. ” “If we continue to rely on public investment, we won’t be able to attract all the investments,” he stressed.

37 BILLION INVESTMENT

Regarding Aragon, the regional leader highlighted the renewable energy production figures, in addition to the aforementioned accessibility to land and the “strategic geolocation between Madrid, Barcelona, ​​Bilbao, and the French border.” The DGA also says it is “aware” of the future role of data centers and AI, the economic sectors “with the greatest growth in the coming years.”

Azcón has estimated investments in these types of facilities in the region at € 37 billion. These include €10 billion from Amazon, “the largest investment currently being made” by the company, €15.7 billion from Microsoft, around €10 billion from Blackstone, but also Box2Bit, Azora, and the Aragonese company Samca, the latest to join.