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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March 20, 2026 Norway
Battery and solar panel maker T1 Energy has obtained 50MW of capacity for a Norwegian site originally intended for battery cell production, now planned as a data center. The company announced this week that Norway’s national grid operator, Statnett, has allocated 50MW of power to T1 Energy’s...
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March 14, 2026 Norway
Investment firm 3i Infrastructure has agreed to acquire a majority stake in Norway’s Lefdal Mine Datacenter (LMD). Announced this week, 3i plans to invest €300 million ($347.3 million) in the deal, which is expected to close in summer 2026.The data center company is being acquired from a fund...
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March 07, 2026 Norway
Plans for a proposed ammonia plant in Norway have been scrapped, with the developer now exploring the site for potential data center use. The shift comes after delays caused the project to lose its grid capacity allocation with the local grid operator Iverson eFuels has decided to terminate plans...
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January 28, 2026 Norway
Aker Nscale has entered into an agreement with Løvenskiold-Fossum Kraft Drift to develop a 96MW data center in Skien, Norway. The company aims to establish a data center capable of supporting AI workloads and has applied for grid capacity from Statnett.Leopold Løvenskiold, the general manager and...
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January 04, 2026 Norway
VivoPower International has signed an exclusive heads-of-agreement to acquire the facility from an undisclosed firm. According to Vivo, the data center has a further 40MW of capacity earmarked for potential approval in 2026 and is powered exclusively by hydroelectric energy.Vivo intends to...
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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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December 16, 2025 Norway
Cryptomine and HPC data center firm Bitzero announced it had secured a new 10MW power purchase agreement (PPA) at its data center site in Namsskogan, Norway. The company said the deal locks in power at approximately $0.02 per kWh. The new total blended cost of $0.03–0.035 per kWh for the 40MW...
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December 08, 2025 Norway
Norwegian renewable investment firm Magnora this week announced it has launched Magnora Scale Averøya, a new 100MW data center project in Kristiansund. Timelines to develop the 120,000 sqm (1.29 million sq ft) site haven’t been shared.Magnora is working with owners of Averøy Industripark and Tore...
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December 03, 2025 Norway
Norwegian renewable investment firm Magnora has started work on a new data center project on the western coast of Norway. It has launched Magnora Scale Averøya, a new 100MW data center project in Kristiansund.Magnora is working with owners of Averøy Industripark and Tore Knapskog, who...
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November 26, 2025 Norway
Fossefall this week announced it has entered into an agreement to acquire Fyresdal Datacenter from Norwegian holding company Norsk Data AS to establish its first AI factory in Norway. stment firm Valinor, AI startup WAIYS, and renewable energy company Norsk Solar. "The establishment of...
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November 15, 2025 Northern Data AG
German technology group Northern Data has received a firm offer to be acquired by an 'alt-tech' video platform and cloud services provider. The transaction, which would include Northern's colocation and cloud businesses, is expected to close in the second quarter of 2026.John Hoffman, co-CEO of...
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November 14, 2025 Norway
A new data center startup has launched in Norway, aiming to launch “AI factories” in Scandinavia. The company aims to develop “AI factories” powered by surplus renewable energy (namely hydroelectric) in the Nordics.The company is reportedly initially targeting developments at 11 sites in Norway...
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November 07, 2025 Northern Data AG
Data center services firm Salute has acquired engineering and consulting firm Northshore with plans to leverage Northshore's Seastack platform to enhance and optimize facility operations and improve its data center lifecycle services.“By integrating Northshore’s AI-driven platform into Salute’s...
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November 04, 2025 Norway
Bulk Infrastructure has successfully closed a €410 million ($472.1m) senior secured loan to support the continued development of its N01 data center campus in the Vennesla municipality. The N01 data center campus is located on a three-square-km site next to a transformer station just outside of...
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October 07, 2025 Norway
Norwegian renewable investment firm Magnora has entered the data center market with the acquisition of Norwegian data center developer Storespeed. Magnora acquired a 75 percent stake in the company in partnership with Blix Solutions, a data center developer based in Norway, which nabbed a five...
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September 24, 2025 Norway
Norwegian firm ASP Data Center recently announced the acquisition of a former factory used by local clothing firm Dale of Norway with plans to turn it into an AI data center. The first phase of development will see the company relaunch the site as a 20MW data center. The project will see around...
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August 22, 2025 Norway
AI data center operator Terakraft and AI chip company Neurophos are teaming up for AI infrastructure at the former's data center in Norway, aiming to develop "sustainable" AI infrastructure under the agreement.“By hosting Neurophos’ ultra-efficient optical chips in our green data center for...
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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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August 07, 2025 Norway
Investment firm Vesper Infrastructure announced this week it had invested in Terakraft, becoming the majority shareholder. Terakraft operates a data center that will offer 10MW of capacity following a “comprehensive refurbishment” and upgrade program. The facility will utilize liquid cooling...
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