About: http://data.cimple.eu/news-article/71134df0ef459a34f4c7d4211882f214fd2748e301ce06174268604c

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About: http://data.cimple.eu/news-article/71134df0ef459a34f4c7d4211882f214fd2748e301ce06174268604c Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	A British-US company announced Friday that it would invest up to 3.5 billion euros to build a massive data centre in Portugal by 2025 in response to demand for trans-Atlantic connections. The company -- "start campus" -- has chosen a site in the port of Sines, southwestern Portugal, near a decommissioned coal power plant, and will "have a net zero carbon footprint", a statement said. Start campus is a joint venture of US investment firm Davidson Kempner Capital Management and Pioneer Point Partners of Britain. "Sines 4.0", as the project has been dubbed, "will be one of the largest data centre campus projects in Europe and will address the exploding demand of large international technology companies," the statement said. The firms' previous projects include a similar but smaller data centre in Ireland and a biomethane energy plant in Denmark. Sines 4.0 is to use existing infrastructure such as power lines and cooling systems that use readily available sea water. The location also provides access to trans-Atlantic fibre-optic cables and would "contribute to Portugal's revival as a key player in the international data and connectivity scene," the statement said. The campus is to consist of five buildings that house data servers with total power consumption of 450 megawatts, to be provided by renewable sources, the company said. The project is expected to create up to 1,200 highly-qualified jobs. "Data has been identified as the new 'oil' of the digital economy, and Portugal will benefit from this large investment in Sines that will place the country at the core of transatlantic and global data network," said Sam Abboud of Pioneer Point Partners. tsc/wai/lth
schema:headline	US-British firm to build 3.5 bn euro data centre in Portugal
schema:mentions	Carbon footprint Sines Data center Republic of Ireland Renewable energy Sam Winchester Denmark Europe Portugal Pioneer Point, California Transatlantic communications cable Davidson Kempner Capital Management Biogas Optical fiber Digital economy Coal-fired power station Energy industry
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-04-23 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	80 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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