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Cartis diligence evidence schedule

MERLIN Edged Zaragoza-WIND

PRJ-1294 · Site · Zaragoza, AR, Spain

Record last updated Oct 29, 2026

Scope and capacity

MERLIN’s Zaragoza-WIND proposal describes one 144 MW IT building on 28.8 hectares under its July 2026 scope, replacing an earlier two-building, 150 MW plan. Regional-interest designation does not establish full construction authorisation. Liquid-cooled AI workloads, no water consumption for IT cooling and 87% wind-and-solar self-supply are prospective design commitments, with a battery option under study. The EUR1.225 billion investment estimate is not a financing close, and service in the second half of 2029 remains a target. The project is proposed, not an operating data centre.

Headline: 144 MW Planned critical IT

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Claims and exhibit sources

Jump to a claim (7)

Target IT capacity MW · 144 MW

Planned / design or future potential · MERLIN Edged Zaragoza-WIND (Project)

Claim 160802 · Recorded claim type: Forecast · Review: Approved · Claim date: Not stated

Headline treatment: Selected headline

  1. Dated July 22 project announcement

    MERLIN Properties · Document date: Jul 27, 2026 · Primary

    Source reference: SRC-8125 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.merlinproperties.com/en/press/merlin-desarrollara-en-aragon-el-mayor-proyecto-de-autoconsumo-renovable-para-data-centers-del-mundo/

Site location · 28.8 Ha site in Botorrita associated with Vientos (Muel) and María (María de Huerva) substations. One revised building, not two campus records.

Reported rounded · MERLIN Edged Zaragoza-WIND (Project)

Claim 160803 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Dated July 22 project announcement

    MERLIN Properties · Document date: Jul 27, 2026 · Primary

    Source reference: SRC-8125 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.merlinproperties.com/en/press/merlin-desarrollara-en-aragon-el-mayor-proyecto-de-autoconsumo-renovable-para-data-centers-del-mundo/

Land and site control context · 28.8 Ha; planned main building 156301 sqm.

Reported rounded · MERLIN Edged Zaragoza-WIND (Project)

Claim 160804 · Recorded claim type: Reported rounded · Review: Approved · Claim date: Not stated

  1. Dated July 22 project announcement

    MERLIN Properties · Document date: Jul 27, 2026 · Primary

    Source reference: SRC-8125 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.merlinproperties.com/en/press/merlin-desarrollara-en-aragon-el-mayor-proyecto-de-autoconsumo-renovable-para-data-centers-del-mundo/

Reviewed zar grid context · Order ECE/1195/2026, published August 14, reports 227.4 MW of electrical demand permissions: 81 MW associated with María 220 kV and 146.4 MW with Los Vientos 220 kV. These are reported permission quantities, not 144 MW IT capacity or energized service. The underlying permission instruments and current holder/transfer chain were not independently inspected.

Source report · MERLIN Edged Zaragoza-WIND (Project)

Claim 162634 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Order ECE/1195/2026 — Zaragoza-WIND regional and general interest declaration

    Boletín Oficial de Aragón · Document date: Aug 14, 2026 · Primary

    Source reference: SRC-8321 · Government record · Recorded authority: Official primary

    Source URL

    https://www.boa.aragon.es/cgi-bin/EBOA/BRSCGI?CMD=VEROBJ&MLKOB=1462255950606

Reviewed zar planning land context · The July 22, 2026 agreement, published August 14, declares regional and general interest, designates Merlin Properties Socimi, SA as definitive promoter of the plan and execution projects, and approves the Annex I boundary. It declares public utility and the need for urgent occupation of the affected rights, recognizes MERLIN as expropriation beneficiary, and opens 20 working days of consultation on Annex II. This is not definitive PIGA approval, completed expropriation or proof of title.

Source report · MERLIN Edged Zaragoza-WIND (Project)

Claim 162635 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Order ECE/1195/2026 — Zaragoza-WIND regional and general interest declaration

    Boletín Oficial de Aragón · Document date: Aug 14, 2026 · Primary

    Source reference: SRC-8321 · Government record · Recorded authority: Official primary

    Source URL

    https://www.boa.aragon.es/cgi-bin/EBOA/BRSCGI?CMD=VEROBJ&MLKOB=1462255950606

Reviewed zar timing context · The planning memorandum described in the August 14, 2026 order estimates two years of execution after definitive PIGA approval and targets operation in Q3 2029. This is a conditional forecast, not an achieved milestone.

Source report · MERLIN Edged Zaragoza-WIND (Project)

Claim 162636 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Order ECE/1195/2026 — Zaragoza-WIND regional and general interest declaration

    Boletín Oficial de Aragón · Document date: Aug 14, 2026 · Primary

    Source reference: SRC-8321 · Government record · Recorded authority: Official primary

    Source URL

    https://www.boa.aragon.es/cgi-bin/EBOA/BRSCGI?CMD=VEROBJ&MLKOB=1462255950606

Reviewed zar cooling context · The order reports MERLIN’s design claim of PUE 1.15 and closed loop cooling without cooling water consumption. Neither is a measured operating result, and the cooling claim must not be extended to zero total site water use.

Source report · MERLIN Edged Zaragoza-WIND (Project)

Claim 162637 · Recorded claim type: Not stated · Review: Approved · Claim date: Not stated

  1. Order ECE/1195/2026 — Zaragoza-WIND regional and general interest declaration

    Boletín Oficial de Aragón · Document date: Aug 14, 2026 · Primary

    Source reference: SRC-8321 · Government record · Recorded authority: Official primary

    Source URL

    https://www.boa.aragon.es/cgi-bin/EBOA/BRSCGI?CMD=VEROBJ&MLKOB=1462255950606

Counterparties and capital

MERLIN Properties · Developer · CMP-1723

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.