The European Investment Bank (EIB) has granted OVHcloud financing of 200 million euros dedicated to its investments in Europe, the main European provider of cloud computing services announced this Friday.
This loan, the first granted by the EIB to a “cloud” specialist, is intended to support the European expansion of the group, often presented by French politicians as an alternative to the American giants Google, Amazon or Microsoft.
“This choice to invest in OVH is the validation of the business plan, the growth strategy and also corresponds to the European sovereignty policy. Since the Covid crisis, digital sovereignty in Europe has gained great importance”, he declared in BFM Business Nathalie Climence, Director of Finance at the European Investment Bank.
15 new “data centers”
“This additional financing provided by the EIB contributes to our group’s strategic roadmap and will allow us to bring faster, higher and stronger the colors of a cloud that respects our European values,” OVHcloud CEO Michel Paulin said in a statement. a press release.
The Roubaix (North)-based group aims to accelerate its international rollout with the opening of 15 new “data centers” by the end of 2024. Ten of these 15 new sites will open in Europe over the next 24 months, OVHcloud said. The EIB loan should also enable it to develop the “sustainable cloud”, because it is “very important that we can provide solutions that use less electricity, less water and have the lowest carbon footprint”, said Michel Paulin. on our antenna. In this sense, OVH has set itself a goal of 100% low-carbon energy by 2025.
Source: BFM TV
