The logo of Lidl is seen at the entrance of a Lidl supermarket in Nantes, western France, May 6, 2026. REUTERS/Stephane Mahe

27 Aug 2026 04:08PM

(Updated: 27 Aug 2026 04:22PM)

Aug 27 : Schwarz Group, which owns the discount retailer Lidl, plans to invest €5.6 billion to build a data centre in the northern German state of Mecklenburg-Western Pomerania, the German supermarket conglomerate said on Thursday.• The data centre will have a capacity of 240 megawatts by 2033, it said in a statement• The investment is aimed at expanding cloud and AI capabilities in Germany and Europe• Schwarz Group sees potential to expand capacity to a connected load of 1 gigawatt by 2045

Source: Reuters