Microsoft plans to invest 6.69 billion euros ($7.16 billion) in developing new data centres in Spain's northeastern region of Aragon, enhancing the area's reputation as a major European cloud computing hub. The regional government confirmed that Microsoft had applied for a construction permit for data centres outside Zaragoza, with the investment spread over ten years. The initiative follows Microsoft's recent announcement of a 2.1 billion euro investment in data centres in Madrid.

Amazon Web Services (AWS) also has significant plans for Aragon, having announced a 15.7 billion euro investment over the next decade to build renewable energy-powered data centres in the region. Zaragoza, Spain's fifth-largest city, is a logistics and transportation hub strategically positioned between Madrid and Barcelona along the key trade route connecting the Iberian Peninsula to France and the rest of Europe. The geographical advantage and Aragon's substantial wind power capacity make it an attractive location for significant tech investments.