Perhaps for many Calatorenses the name Blackstone is unknown until today, but it is certain that practically the whole city will begin to know it after the announcement of an investment of 7.5 billion euros. This North American investment fund will install a new data center campus in Calatorao which will provide cloud space to businesses and customers.
Blackstone is an investment bank, of North American origin, which manages assets mainly in the United States and Europe, particularly in real estate investment. Its assets exceed $1 trillion and also include projects in infrastructure, venture capital, real and secondary assets, and credit..
This company It was founded in 1985 by Peter G. Peterson and Stephen A. Schwarzman, both from the investment bank Lehman Brothers.. The company is headquartered in New York with offices in Atlanta, Boston, London, Hamburg (Germany), Paris (France), Bombay (India), Sydney (Australia) and Hong Kong.
In 2019, Blackstone was the world’s largest private equity firm by capital commitmentsaccording to the Private Equity International ranking.
The data center that will be built in Calatorao will present a slight difference from those of Amazon Web Services or Microsoft already in operation. While these two tech giants use them for their own services, Blackstone will use it to provide services to other companies, such as large banks or energy companies.that require their space in the cloud.
More specifically, Blackstone will be located on a 224-hectare plot of land, seven kilometers from the urban center of Calatorao. For the moment, in a first phase, the American fund will only work on half of the plots acquiredreserving the rest for possible expansions in the future.
In Spain it is known for carrying out operations such as purchase of more than 1,800 officially protected housing units from Madrid City Hall. This sale ended up in court which, in 2022, declared the agreement legal and closed the case.
With this installation, Aragon is consolidating itself as a large “technology hub” in southern Europe, with a dozen data centers located in the territory.. Amazon Web Services broke ground in 2019 in Villanueva de Gállego, Huesca and El Burgo de Ebro, which it later expanded with three annex buildings to these headquarters and another in Zaragoza. Subsequently, Microsoft announced three more centers in La Muela, Villamayor de Gállego and Zaragoza.
While, Negotiations continue from the regional executive and wait to close the arrival of other technological giants who also have Aragon marked in red as their investment destination.
