Helios Nordic Energy Finland Oy, through project company Helios 1 Cranberry Oy, is planning a data center in the Koivu area of Tervola, Finnish Lapland.
The preliminary planning area covers about 860 hectares, east of Pisavaara and roughly 20 kilometres northeast of Tervola’s municipal centre. A Fingrid transmission line already crosses the site, and the campus is intended to connect to Fingrid’s planned Louepalo substation.
| Distance | Site | About |
|---|---|---|
| 15.04 miles | FCDC: Rovaniemi |
FCDC Corp plans to build a data center in Rovaniemi, the regional capital of Lapland in northern Finland.
|
Helios Nordic Energy Finland Oy is the Finnish subsidiary of Sweden's Helios Nordic Energy AB, founded in 2019 by Andreas Tunbjer, Magnus Rahm, and Johan Lundin. The Finnish entity was incorporated in January 2023, registered under Finnish business ID 3335744-4, and headquartered in Helsinki. Rather than operating facilities, Helios works as a land and project developer, managing site selection, permitting, and grid connection before handing projects to investors once they reach ready-to-build status. Since 2024, the company has been owned by SunMind, a subsidiary of VINCI Concessions, and remains led by group CEO Andreas Tunbjer. Helios has recently expanded from its core solar and battery-storage business into data center land development, including an early-stage project near Iisalmi, Finland.
.png){kind=logo}
August 18, 2026 Helios Nordic Energy Finland Oy
Nordic energy company Helios is planning a data center project in Finnish Lapland. The company has submitted a zoning request for a proposed facility in the Koivu area of Tervola, covering around 860 hectares. The site is about 20km (12.4 miles) from Tervola’s municipal center. The application...
Read more
February 19, 2026 Finnish Lapland
Finnish energy company Pohjan Voima is looking to develop a project in Keminmaa. In other Finnish news, Compute Nordic is expanding its landholdings in Mikkeli, while another company is targeting a development in Närpiö on the country's west coast.“The project would be of great importance to...
Read more
Mar 12, 2026 Eric Bell World
Go to Podcast
Jan 15, 2026 Eric Bell Applied Digital
Go to Podcast
Jan 05, 2026 Eric Bell Dallas
Go to Podcast
Sep 04, 2025 Eric Bell Texas
Go to Podcast