08:49 AM EDT, 08/27/2025 (MT Newswires) -- Blackstone (BX) plans to expand its data center project in Spain's Aragon region with an additional 4.3 billion euros ($5.03 billion) investment, Reuters reported Wednesday, quoting documents filed with the regional government.

These documents showed that, in addition to Blackstone's initial investment of 7.5 billion euros over nine years, which was disclosed last year, the company plans to complete a second phase over seven years, Reuters reported. The initial phase would start in Q2 of next year, the report said.

Blackstone didn't immediately reply to MT Newswires' request for comment.