Overview
- Forestalia will invest €12.048 billion to build three campuses in Magallón, Botorrita and Alfamén under the newly announced Proyecto Búfalo.
- The Aragonese government approved the project’s Declaration of General Interest (DIGA), and officials say grid access and connection rights are in place at the Magallón, María and Los Vientos 220 kV substations.
- The company pledges about 50% self‑consumption from its solar and wind fleet, with a planned 2,480 MW renewables package and closed‑loop cooling systems to limit water use.
- Construction is targeted to begin in 2028–2029, with Forestalia estimating initial operations could start around 2030 and full buildout by roughly 2032.
- Permanent employment is projected at around 3,000 jobs, while construction‑phase estimates range from more than 4,000 jobs annually for eight years to roughly 30,000 total, as Aragón highlights broader €70 billion investment momentum and local tax gains.