June 06, 2025 Sweden
Brookfield Asset Management plans to spend up to 95 billion kronor ($9.9 billion) on an AI data center in Strängnäs, Sweden. The investment more than doubles a planned 300MW facility to 750MW, with the company planning to purchase 350,000 sqm of additional land in Strängnäs to support the larger...
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June 05, 2025 Vantage Data Centers
Vantage Data Centers has secured $5 billion in incremental green loan financings to meet data center demand in the US which includes a $2.25 billion financing to fully fund construction of the company’s campus in New Albany, Ohio, as well as a $2.75 billion upsizing of an existing $3 billion 2024...
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December 19, 2024 Sweden
Nordic colocation provider atNorth has bought a 30-hectare plot for a potential data center in Långsele, Sweden. Located in the Sollefteå municipality in Hamre Industripark, the land will host the company’s first ‘mega site.'“This is a fantastic opportunity for Sollefteå municipality and the...
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December 04, 2024 Sweden
Swedish Edge data center firm T.Loop has appointed Helena Fagraeus Lundström as its new CEO. Lundström was most recently at solar developer Solkompaniet, where she was chief strategy office and then business unit director for land development. Prior to that, she had held roles at Swedish boat...
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November 28, 2024 Sweden
Telenor Sweden CEO Bjørn Ivar Moen has announced he will step down as CEO at the end of this year, and the hunt for a successor has already begun, as confirmed by the company in a statement. "All good things eventually come to an end," said Moen on LinkedIn this week. "Today, we announced that I...
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November 15, 2024 Sweden
Swedish marine and industrial engine manufacturer Volvo Penta has announced a follow-up investment in UtilityInnovation Group (UIG), an US and Irish company specializing in utility systems and decentralized energy solutions. Following the investment, UIG aims to combine Volvo’s battery energy...
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October 31, 2024 Vantage Data Centers
Vantage Data Centers has broken ground on a new data centre campus located 70 acres outside Columbus in New Albany. OH1 will provide a total of 192MW of IT capacity across more than 1.5 million square feet (139,355 sqm). The company said more than $2 billion will be invested in the project, with...
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October 07, 2024 Sweden
Swedish Edge data center firm T.Loop l ast week announced it had entered into an agreement with real estate development firm Atrium Ljungberg for operational management of the Palmfelt Datacenter in the Slaughterhouse area of the capital. "We see great potential in the data center, which is...
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September 23, 2024 Sweden
Atos's Eviden business unit has been awarded a four-year multi-million euro contract to boost the performance of the Berzelius supercomputer at Linkoping University for the second time. Eviden will integrate and deploy further Nvidia GPUs into the system, adding an extra 512 petaflops of FP8 AI...
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August 30, 2024 Sweden
GPU cloud firm CoreWeave and Swedish colocation provider EcoDataCenter this week announced a partnership to host “one of Europe’s first large-scale Nvidia Blackwell clusters” in Sweden. CoreWeave aims to deploy thousands of Blackwell GPUs to help meet demand for large-scale AI infrastructure from...
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July 11, 2024 Sweden
Swedish Fiber and connectivity firm Hexatronic this week announced it has signed a letter of intent to acquire parts of Endor, a data center services unit owned by Icelandic company Sýn, in an acquisition which will bring Hexatronic a customer base across Iceland, Sweden, and Germany."The...
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June 14, 2024 Vantage Data Centers
Vantage Data Centers revealed this week that it had completed a $9.2 billion equity investment led by investment vehicles managed by DigitalBridge and Silver Lake.“It’s exciting to experience such strong investor demand to fuel our unprecedented growth across North America and EMEA,” said Sureel...
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June 04, 2024 Sweden
BT's new CEO Allison Kirkby this week called for the UK to improve its existing telecoms infrastructure. Kirkby, who joined the company earlier this year from Swedish telco Telia, also said that the Nordics is "way ahead" of the UK in telecoms infrastructure."What I would say is Scandinavia is...
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April 23, 2024 Vantage Data Centers
Vantage Data Centers has revealed that it will be spending €1 billion on a new data center campus development in Dublin. The campus will be built at Profile Park, Grange Castle, a data center hub nine miles south of Dublin which is already home to the likes of Google, Digital Realty, and...
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April 10, 2024 Vantage Data Centers
Vantage Data Centers this week announced that it will open a second Zurich campus (ZRH2) this summer. This new campus located 30 kilometers north of Zurich’s City Center in Glattfelden, will offer a total of 226,000 square feet (21,000 sqm) of space and 24MW of critical IT capacity. “Zurich is a...
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April 04, 2024 Sweden
Swedish telco Telia Company has confirmed in a new announcement that the sale of its Danish business unit to local energy and Internet firm Norlys has been finalized for DKK 6.25 billion ($900 million), on a cash and debt-free basis. “The sale of our Danish business marks a significant milestone...
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March 26, 2024 Sweden
Ericsson has announced it will cut 1,200 jobs in its home market of Sweden as a part of cuts announced earlier this year, with the company citing a "challenging mobile networks market in 2024." "In addition to the headcount reduction, the cost-saving initiatives cover various areas such as...
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March 26, 2024 Sweden
Intelsat recently announced that it has signed a new multi-year, multimillion-dollar agreement partnership with Intelsat on its OneWeb Low Earth Orbit (LEO) constellation.This deal is valued at up to $500 million over seven years, with a firm commitment of $250m (including a previous $45m deal...
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December 11, 2023 Vantage Data Centers
Vantage Data Centers is planning to expand data center operations into Taipei, Taiwan. The company announced this week that it is planning a new facility in Taipei called TPE1 data center and it is expected to be open in mid-2024. This new facility is being constructed on a 2-acre site. It is a...
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November 02, 2023 Vantage Data Centers
Vantage Data Centers has finalized an investment partnership with DigitalBridge and a consortium of investors led by MEAG and Infranity for some of its European data center assets. The collaboration between both companies consists of six data center facilities across Europe, valued at around €2.5...
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