financetom
Business
financetom
/
Business
/
Amazon Web Services to invest $17.02 bln in data centres in Spain
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Amazon Web Services to invest $17.02 bln in data centres in Spain
May 22, 2024 2:50 AM

MADRID, May 22 (Reuters) - Tech giant Amazon's ( AMZN )

cloud computing unit Amazon Web Services (AWS) said on Wednesday

it will invest 15.7 billion euros ($17.02 billion) in data

centres in Spain's Aragon region as it upgraded its growth plan

in the country.

The new investment plan replaces a previous one announced in

2021, when the company said it would invest 2.5 billion euros in

the country.

The company did not specify over what period it will

disburse the 15.7 billion euros.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
First Commonwealth Financial Q3 adjusted EPS misses estimates
First Commonwealth Financial Q3 adjusted EPS misses estimates
Oct 28, 2025
Overview * First Commonwealth Q3 net income rises to $41.3 mln, adjusted EPS misses estimates * Net interest income increased $4.9 mln from prior qtr, driven by margin expansion * Nonperforming loans decreased by $10.8 mln from the previous quarter Outlook * Company did not provide specific guidance for future quarters or the full year in its press release Result...
Oilfield services company Tetra Technologies beats Q3 revenue estimates, raises 2025 revenue guidance
Oilfield services company Tetra Technologies beats Q3 revenue estimates, raises 2025 revenue guidance
Oct 28, 2025
Overview * Tetra Technologies Q3 revenue rose 8% yr/yr, beating analyst expectations * Adjusted EPS for Q3 beats consensus, reflecting operational improvements Outlook * Tetra raises 2025 revenue guidance to $620 mln-$630 mln from $610 mln-$630 mln * Company expects 2025 adjusted EBITDA of $107 mln-$112 ln, up from $100 mln-$110 mln * Tetra anticipates strong demand for battery electrolytes...
Regional lender First Busey's Q3 net income rises as credit quality improves
Regional lender First Busey's Q3 net income rises as credit quality improves
Oct 28, 2025
Overview * First Busey Q3 net income rises to $57.1 mln, up from $47.4 mln in Q2 2025 * Company repurchased 580,000 shares for $13.5 mln, indicating financial confidence Outlook * First Busey ( BUSE ) expects balance sheet optimization to be largely complete by year-end * Company anticipates continued pressure from commercial real estate payoffs in 2025 * First...
Centerra Gold Q3 profit beats estimates on robust margins 
Centerra Gold Q3 profit beats estimates on robust margins 
Oct 28, 2025
Overview * Centerra Q3 revenue and adjusted EPS beat analyst expectations, per LSEG data * Company generated $98.7 mln in free cash flow, driven by strong operational performance * Cash balance increased to $562 mln, supporting strategic investments and shareholder returns Outlook * Centerra expects Goldfield project first production by end of 2028 * Company plans to complete Kemess PEA...
Copyright 2023-2026 - www.financetom.com All Rights Reserved