MADRID, Jan 27 (Reuters) - Spanish oil company Repsol

plans to invest 4 billion euros ($4.2 billion) in data

centres, Expansion newspaper reported on Monday, citing

unidentified sources close to the process.

The planned data centres would be located near the northern

Spanish city of Zaragoza, the newspaper said.

A Repsol spokesperson did not immediately respond to a

request for comment.

The Zaragoza area is set to become a major cloud computing

hub, with technology giants such as Amazon ( AMZN ) and Microsoft ( MSFT )

having already announced massive investments in the

area.

($1 = 0.9564 euros)

(Reporting by Inti Landauro

Editing by David Goodman

)