Borealis Blönduós #1
Etix Blönduós, an HPC & Blockchain data center campus, was completed in March 2019. Using modular construction, the campus was operational within 3 months and fully delivered in 9 months.
Originally founded in 2014, Borealis was acquired by Etix Everywhere in 2018. French investment fund Vauban Infrastructure Partners acquired a majority stake in Borealis Data Center in July 2021. The company operates three sites in Iceland; one in Reykjavík, one in Blönduós, and one in Fitjar in Reykjanesbær.
Etix Blönduós, an HPC & Blockchain data center campus, was completed in March 2019. Using modular construction, the campus was operational within 3 months and fully delivered in 9 months.
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.
Located north of the Arctic Circle in the heart of the Swedish Lapland, the data center is an 8 MW colocation infrastructure and has a 20,000 m2 green field available for future expansion.
July 03, 2026 Sweden
Alternative investment manager Barings has signed a 10-year lease extension with a global data center operator at its Vanda 3 facility in Kista, Stockholm. The deal includes an additional 30MW of power from Ellevio to support expansion, with Barings planning to add 25,000 sqm (269,100 sq ft) of...
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December 27, 2025 Sweden
Swedish small modular reactor (SMR) start-up Blykalla has closed a $50 million (€42m) financing round to accelerate development of its lead-cooled SMR, with a focus on meeting growing demand from the data center sector.Blykalla said that it will use the capital to scale testing and validation...
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August 29, 2025 Iceland
AI cloud and data center firm Crusoe and atNorth this week announced a “significant expansion” of Crusoe Cloud’s capacity within atNorth’s ICE02 data center in Keflavik. This strategic expansion is designed to meet the surging demand for Crusoe Cloud services from customers of all sizes across...
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August 14, 2025 Sweden
EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden. The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA),...
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June 17, 2025 Sweden
US data center firm EdgeMode has announced the acquisition of Synthesis Analytics Production Ltd. (SAPL), in a $1.75 million deal that sees EdgeMode take charge of a 95MW power purchase agreement, a long-term lease on an in-development 20MW high-performance computing data center, and freehold...
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June 17, 2025 Sweden
Language AI company DeepL has deployed an Nvidia DGX SuperPOD with GB200 NVL72 systems at EcoDataCenter's Falun, Sweden, facility. DeepL will use the GB200 NVL72 systems to train its models, noting in a LinkedIn post that the system is powerful enough that it can translate the "entire web" in 18...
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