Google acquires 33 acre plot for its first potential UK data centre
Google (NASDAQ: GOOGL) has acquired a 33 acre property North of London for potential data centre development.
Capacity Media reached out to the tech giants for more information on the data centre to which a spokesperson said that while it does not have a confirmed timeline for the development of the site, Google wants to ensure that it has the option to further grow should its business demand it.
Google is not expecting to take any decision on this in the near future. The company did not disclose the financial details of the land acquisition.
A report by City A.M. found that the plot of land in Broxbourne in Hertfordshire would securely accommodate a data plant, adding that no other Google infrastructure would require a site as large.
Google has eight data centre campuses outside the US. This includes five in Europe: Ireland, Netherlands, Denmark, Finland, and Belgium.
The company has committed to ensuring that all its sites, which require large amounts of power for cooling, are powered by renewable energy.
This comes off the back of CBRE reporting that European data centres are on track for another record year, despite the ongoing Covid-19 pandemic.
The real estate company found that Frankfurt, London, Amsterdam, and Paris (FLAP) markets will likely see around 200MW of colocation take-up, tied with last year's roughly 201MW.
In 2019, the UK tech industry received a funding of around $10 billion to drive innovations and digitalisation in the business sector.
The digital economy in the UK accounts for over 7% of the country’s GDP. The UK is the leading colocation services market in Europe and comprises over 250 operational colocation data centres, according to Reportlinker.com.
In 2016, Google data centres generated $1.3 billion in economic activity, $750 million in labour income, and 11,000 jobs throughout the United States.