Market Chatter: Amazon Cancels Dublin Project Over Power Supply Constraints

MT Newswires Live

Jul 25, 2025

Amazon.com (AMZN) has canceled plans for a 300 million euros ($351.8 million) industrial plant in Dublin after failing to secure electricity supply, The Irish Times reported Friday.

The proposed facility in Ballycoolin would have created over 500 jobs and expanded Amazon's footprint near the Co Meath border, the report said.

Amazon Web Services intended to use the site to manufacture server racks used in AI-focused data centers, the report added.

Amazon did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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