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Lier/Drammen
Under ConstructionPlanned
Multi-phase construction project
Operated by:

Green Mountain: OSL3 Lofjord

Short Code: OSL3
Year Planned: 2027

Azrieli Group has significantly expanded its international data center footprint through a major agreement to build a new campus in Norway via its subsidiary, Green Mountain.

The project, estimated at approximately €1 billion ($1.05 billion), involves providing extensive capacity to a leading international tech company under a 15-year contract. Expected to be delivered in stages starting in March 2027, the deal is a landmark for Azrieli, projected to generate an average annual net operating income (NOI) of roughly €117 million.

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Operating Company

Operated by:

Green Mountain AS design build and operate high security, robust wholesale colocation data centres.

The companyhas two data centres in Norway with plans to develop in other regions. The data centres operate on 100% low cost renewable power and use of free cooling creating unique power efficiency. Both data centres, DC1-Stavanger and DC2-Telemark have achieved Uptime Institute Tier III certification as the only Nordic colocation provider. In addition both data centres have the ISO 9001 and ISO 14001 certifications in place.

The data centre near Stavanger (DC1-Stavanger) is built deep inside a mountain in a former high security NATO ammunition store.

The data centre in Telemark (DC2-Telemark) is in the ‘cradle of hydro power’ in Norway with multiple local hydro power plants.

Smedvig is the majority owner of Green Mountain.

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