Helios: Koivu, Tervola
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.
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.
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.
Helios Nordic Energy Finland is planning a data-center campus at Alapitkä in Lapinlahti, west of Highway 5 and next to Fingrid’s Alapitkä substation.
This data center campus, planned by Helios Nordic Energy near Iisalmi in central Finland, is currently in the early permitting stage, with a zoning initiative submitted to the municipality. An area of more than 100 hectares has been reserved for the project, which remains conditional on approval and further development.
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...
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