Polar DC Secures €800 Million Senior Secured Bond for Norway Data Center Project
June 01, 2026
Polar DC
Polar DC is developing HER01 at Fjordgata 48 in Porsgrunn, Norway, by converting the existing Sivabygget industrial building inside Herøya Industrial Park. The project will reuse about 240,000 sq ft of building space on a 7.7-acre parcel, with planned external transformers, generators, rooftop coolers, and liquid-cooling support for AI/HPC workloads.
| Distance | Site | About |
|---|---|---|
| 6.66 miles | Aker Nscale: Skien |
Aker Nscale, a joint venture between Aker and Nscale, has partnered with Løvenskiold-Fossum Kraft Drift to develop a data center in Skien, Norway.
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| 11.59 miles | Hyperscale Data Center Request Dataset |
Google is investing $646.4 million in the construction of a new data center in Skien, Norway.
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| 11.60 miles | Enterprise Data Center Request Dataset |
Skanska has entered into a contract with WS Computing AS to construct the core and shell of the new data center facility at Gromstul in Skien municipality, Norway.
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As a leading European data center operator, Polar DC is dedicated to meeting the unique and complex needs of HPC and AI workloads. Our vision is to accelerate infrastructure by developing state-of-the-art, very high-density data centers. We provide reliable, flexible, secure, and sustainable solutions, powered by the latest technology and a strong commitment to renewable energy.
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