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...
Read more
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...
Read more
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...
Read more.jpeg){kind=logo}
June 07, 2025 Norway
GreenScale this week announced the acquisition of Tonstad DataPark, a new data center development located in the municipality of Sirdal in West Agder County (NO2), Norway.Tonstad DataPark spans a 420,000 square meter (4.5 million sq ft) site with 300MW of grid capacity, approved by Glitre Nett...
Read more
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...
Read more
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...
Read more
December 14, 2024 Norway
Nordic shipbuilder Vard has successfully delivered a cable-laying vessel to I.T. International Telecom Marine (IT), a submarine cable installation and maintenance firm. The vessel was formerly a platform supply vessel and was converted into a specialized cable-laying ship, named IT Infinity, to...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
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...
Read more
July 19, 2024 Norway
Power grid optimization specialist Heimdall Power has raised $25 million in a Series B funding round to scale up production of its “Magic Ball” sensors which it claims can help grid operators access up to 40 percent of additional transmission capacity in existing power lines. These neuron sensors...
Read more
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...
Read more
June 07, 2024 Norway
Real estate investment management firm BentallGreenOak has invested another €350 million ($380m) into Nordic data center operator Bulk which will be used to ‘accelerate Bulk’s growth plans.’“The latest investment by BGO will fuel our ambitions to shift the gravity for global and European large...
Read more
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...
Read more
May 08, 2024 Norway
A new GPU cloud provider Nscale which relies on AMD hardware has announced its official launch and is now offering services based on AMD’s Instinct MI300X GPU accelerators from a cryptomining firm and sister company Arkon Energy’s data center in Glomfjord, Norway. “Over the coming years, AI will...
Read more
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...
Read more
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...
Read more