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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January 13, 2026 HIVE Digital Technologies Ltd
Texas-based digital infrastructure company Hive Digital Technologies is bringing its Buzz Cloud platform to Paraguay. According to Hive, through this partnership, the company will bring its AI cloud offering dubbed "Buzz Cloud" to Paraguay, hosting its hardware in a Tier III data center in the...
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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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October 21, 2025 HIVE Digital Technologies Ltd
Bitcoin mining firm Hive Digital has announced plans to expand its hydroelectric-powered Yguazú data center in Paraguay by 100MW. The expansion will increase the data center's capacity to 400MW, with the facility powered solely by hydroelectric power from the Itaipu Dam on the Paraná River,...
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October 03, 2025 Paraguay
Los Angeles-based startup X8 Cloud Infrastructure has announced plans to build an artificial intelligence and cloud services data center complex in Paraguay, leveraging hydroelectric power. They signed an agreement with Paraguay's National Electricity Administration (Ande), represented by Felix...
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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 25, 2025 Toronto
Crypto firm Hive Digital this week announced the signing of a purchase and sale agreement to acquire a facility with 7.2MW of installed capacity. Hive said the acquisition will support the development of a “sovereign Canadian AI ecosystem” through its wholly owned subsidiary, Buzz High...
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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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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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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 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 22, 2024 Paraguay
Canadian cryptomining firm Hive Digital Technologies this week has announced plans to build a 100MW hydroelectricity-powered cryptomine data center in Paraguay. Hive said it will offer its “expertise in grid balancing and demand response” to support continued industrial development in Paraguay,...
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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 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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