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Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany

Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany
Channel News Asia Thursday 27 August 2026, 08:08 UTC 1 min read
Key Points

Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany 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 •

Lidl owner to invest up to €5.6 billion by 2033 in data centre in northern Germany 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
Lidl (ORG) Germany Lidl (ORG) Germany (LOCATION) Schwarz Group (ORG) German (ORG) Mecklenburg-Western Pomerania (ORG) Europe • Schwarz Group (ORG)
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