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Stock impact report

Google Eyes Europe As An Excellent Expenditure In Terms Of Data Delivery [Forbes]

STORA ENSO OYJ ADR R SH (SEOAY) 
NASDAQ:AMEX Investor Relations: storaenso.com/investors
Company Research Source: Forbes
Google Eyes Europe As An Excellent Expenditure In Terms Of Data Delivery In 2017, Alphabet Inc.’s Google listed eight data center locations in the U.S., one in South America, two in Asia and four in Europe (Belgium, Finland, Ireland and Netherlands). The technology giant has decided to markedly increase its footprint in Europe. Three months ago, Google said it would invest €1 billion ($1.1 billion) to expand its data center infrastructure in the Netherlands at a facility in Agriport, located approximately 30 miles north of Amsterdam. An existing site about 130 miles further to the north, in Eemshaven, will also be expanded. Joe Kava, vice president of Google’s Global Data Centers, noted that the Netherlands was attractive for its "...ample sustainable energy sources...". This is true as large scale wind farms and sophisticated hydroelectric resources when combined with a generally cooler climate allow firms to reduce their use of fossil fuels so saving money in keeping the vast arrays Show less Read more
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