Merlin’s CEO Criticizes that the Government Has Gone “Through the Arc of Triumph” Claims About Data Centres
6 Articles
6 Articles
The CEO of Merlin, Ismael Clemente, has harshly criticized the government's decree to regulate data centers. This regulation has the technological and constructive sectors at war for raising too demanding requirements and not listening to their opinion. Although the executive finally approved a reduced version of the proposal ... Continue reading "The CEO of Merlin criticizes that the government has passed "by the arc of triumph" the allegations…
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Merlin Properties has put at 863 million euros the cost to its data centre investment plan that would result in the approval of the royal decree that the government is preparing to regulate the electricity consumption of these facilities. Socimi estimates that it could recover about 35% of this outlay through the sale of energy and other operations, so it estimates the irrecoverable costs to 553 million. The company has announced that it will fi…
Merlin estimates that it will need 11.3% more investment to adapt its facilities to the new energy and environmental regulations.
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