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The partnership between YIT (a leading Finnish construction company) and XTX Markets is the engine behind this massive Kajaani project, which is being developed in phases to future-proof XTX's algorithmic trading and machine learning capabilities.
YIT was first commissioned in late 2024 for a €100 million contract to build the initial 15,000-square-meter facility, and the collaboration was extended in August 2025 with a second agreement to construct the "shell and core" of a second data center. By utilizing YIT’s local expertise and Finland’s cool climate, the project aims to deliver a high-performance, water-free cooling campus that will eventually house five buildings, with the first scheduled to go live in the first half of 2026.
| Distance | Site | About |
|---|---|---|
| 0.05 miles | XTX: Kajaani 2 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| 0.10 miles | XTX: Kajaani 3 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| 0.15 miles | XTX: Kajaani 4 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| 0.22 miles | XTX: Kajaani 5 |
This facility is part of XTX Markets' Kajaani Campus in Finland, a massive project being developed in partnership with the Finnish construction giant YIT.
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| 2.21 miles | Borealis: Kajaani (Renforsin Ranta) |
Icelandic operator Borealis Data Centers Kajaani facility is located in the Renforsin Ranta Business Park in Kajaani in central Finland. Borealis Data Centers has acquired this facility from Finnish MSP Herman IT.
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| 2.38 miles | Hyperscale Data Center Request Dataset |
Google’s ambitious billion-dollar data center expansion in Finland is currently stalled as the tech giant awaits clarity on a proposed 40-fold increase in electricity taxes.
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XTX Markets is a leading quantitative trading firm, specializing in electronic market-making across global Equity, FX, Fixed Income, and Commodity markets. They provide consistent liquidity, ensuring market participants access optimal pricing, even during volatile periods. Driven by advanced technology and a collaborative, non-hierarchical culture, XTX attracts diverse talent from various backgrounds, including technology, mathematics, and design. Their focus on teamwork and innovation positions them as a market leader in financial technology.
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