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Data Centers: Greece’s Next Investment Frontier and the Challenges of Energy and Water

Data Centers: Greece’s Next Investment Frontier and the Challenges of Energy and Water

Hellenic Shipping News

Against the backdrop of steadily rising demand for digital infrastructure, as

Against the backdrop of steadily rising demand for digital infrastructure, as well as Greece’s strategic ambition to establish itself as a regional hub for technology and data, procedures for large-scale investments in the data center sector are beginning to accelerate. In this context, another step has been taken in Eastern Attica, as the Region of Attica recently gave the green light for the development of a major data center.

More specifically, the Regional Council issued a positive opinion on the Environmental Impact Assessment of a project with an initial budget of approximately €300 million. The project concerns the Olive Data Center, to be developed on a 6.23 hectares site in the Municipality of Spata–Artemida by the company GRECO MI.

An integrated data center ecosystem

The facility is not being treated as an isolated piece of infrastructure, but as part of a broader network of installations that will form Greece’s emerging data center “ecosystem,” creating a unified system for data storage and processing. At the same time, other similar investments are being recorded in the wider area, at various stages of development.

According to the study reviewed by the Region of Attica, total investment interest in data

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