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Israeli Firms Invest Over $270 Million in New Data Center
Doral, Ampa Group, and Nadav B. Logistics are investing over 1 billion shekels in a new 50 MW data center in northern Israel, adding to a larger 75 MW facility planned elsewhere. The expansion aims to capitalize on the growing demand for computing power, though grid connection challenges persist.
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What happened
- 01Three Israeli companies are investing over $270 million in a new 50 MW data center.
- 02The project is located in the Alon Tavor industrial zone in the Jezreel Valley.
- 03This facility will complement a larger 75 MW data center already under development.
- 04Proximity to power infrastructure is a key advantage for the new site.
- 05Electricity grid connection limitations pose a challenge for the project.
- 06The companies expect significant revenue and profit from their data center ventures.
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