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Microsoft are the ones behind the gigantic data center in Iowa, have spent $700 million so far

The "Project Mountain" data center in Iowa is owned by Microsoft, at the cost of $700 million
By: Anthony Garreffa | Business, Financial & Legal News | Posted: Jun 24, 2013 8:23 am

The $700 million "Project Mountain" data center project in Des Moines, Iowa, has an official owner: Microsoft. Late last week, the Iowa Economic Development Authority Board approved $20 million worth of tax credit incentives for the software giant.




Microsoft plan to spend hundreds of millions of dollars on the new gigantic data center. State documents lead most to believe that Microsoft's investment will be $677.6 million, and it will be used to expand their existing data center in the region. According to Christian Belady, Microsoft's GM of Data Center Services: "Supporting the growing demand for Microsoft's cloud services."


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