Pelagos Data Centre Project in Gibraltar Raises Economic and Environmental Concerns
NATURAL GASDATA AND AI INFRASTRUCTURE
The £1.8 billion Pelagos Data Centre project, the largest foreign investment in Gibraltar's history, has sparked concerns over job creation, environmental impact, and ownership linked to American billionaire Konstantin Sokolov. Critics, including the Environmental Safety Group, question the sustainability of the project's energy sources, as Pelagos plans to use LNG despite pledging to incorporate renewables, and urge Gibraltar to adopt more transparent and sustainable economic practices.

Jan 28, 2026, 9:48 AM