Spanish builders urge data center law rewrite, citing €69B investment risk

Major Spanish infrastructure firms (ACS, Ferrovial, Acciona, Merlin) have formally objected to a draft decree on data centers, warning it threatens €69 billion in planned investments. The ministries of Ecological Transition and Digital Transformation are reviewing the objections; the final decree's terms remain uncertain. This matters because Spain is positioning as a European data center hub, and regulatory friction could deter capital and slow digital infrastructure buildout.