Power utility PPC teams up with Amazon to develop data center in Greece

ATHENS, Sept. 17 (Reuters) - Greece's biggest power utility Public Power Corporation SA (PPC) said on Thursday that it has teamed up with Amazon to build a data center in the country.

• PPC has signed a mutual principle agreement with Amazon Web Services (AWS), the company's cloud computing unit, to develop the data center in Western Macedonia.
• PPC will provide the site, buildings and the supporting energy infrastructure, while AWS will install and operate the IT infrastructure.
• The data center will have an initial power capacity of 300 megawatts, with both companies potentially scaling it up to 1 gigawatt, subject to mutual agreement and market conditions.
• Amazon will lease the data center for 15 years once construction is completed.
• PPC said last year the €2.3 billion ($2.64 billion) investment would be among the largest in Europe and will create significant employment opportunities in Western Macedonia.

($1 = 0.8712 euros)