Schwarz Group Plans 6.5B German Data Centre
The owner of discount retailer Lidl plans to invest up to 6.5 billion dollars in a northern Germany data centre by 2033. The project aims to boost European cloud independence and will rely entirely on renewable energy.
Schwarz Group will invest up to $6.5 billion by 2033 to build a major data centre in Germany. The project by the parent company of discount retailer Lidl supports European efforts to reduce reliance on overseas cloud and AI providers. The facility aims to counter foreign tech dominance while bolstering domestic infrastructure.
