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Stl Partners

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Data center backlash spreads from US to Europe and South Korea, STL Partners finds

Public opposition to data center construction, initially concentrated in the US, is now affecting projects across Europe and parts of Asia. STL Partners research cited by CNBC estimates roughly $42 billion in European data center investment has already faced delays or cancellations, compared with about $77 billion in the US. The European Data Center Monitor counted more than 70 rejected or restricted projects between January and April 2025, exceeding all of 2024.