Google to invest $1.1B in Dutch data centers

Monday, 24. June 2019 16:11

Alphabet Inc.'s Google announced on Monday it is planning to invest additional $1.1 billion in data centers in the Netherlands. Google pointed out that it will expand its existing facility in Eemshaven and build a new data center in Agriport, 30 miles from Amsterdam. The tech giant did not provide any details on what the new center will be used for.

The Netherlands was chosen as the destination for the expansion of Google's data facilities because of its "ample sustainable energy resources," the company's vice president of Global Data Centers Joe Kava explained in a statement.

Following the announcement, Alphabet Inc. shares were down 0.30% at 10:11 am ET.

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Breaking the News / SS