Merlin Properties to Invest €2 Billion in Data Centers in Extremadura

Merlin Properties plans to invest between €10 billion and €11 billion in Extremadura over the coming years, as announced by CEO Ismael Clemente. The immediate focus is on deploying €2 billion for two data centers in Navalmoral de la Mata, each with a capacity of 100 megawatts (MW).

The sites are already urbanized with industrial classification, technical projects completed, and construction licenses requested. The goal is to have these centers operational by 2028. Additionally, a second data center is planned in Valdecaballeros, though its timeline is uncertain due to the need for fiber optic infrastructure and road improvements.

Overall, this investment aligns with Merlin's assets under management, estimated at €12 billion. Clemente also emphasized the need for compensation mechanisms between energy-producing and consuming regions in Spain.