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 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 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 26, 2025 Nscale
AI data center developer Nscale has raised $1.1 billion to help its build-out in the UK and beyond in a Series B round led by Aker ASA, and participation from the likes of Blue Owl, Dell, Fidelity Management & Research Company, G Squared, Nokia, Nvidia, Point72, and T.Capital.“AI is reshaping...
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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 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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August 02, 2025 North Carolina
A US data center park developer is seeking to build a new campus in North Carolina. In planning since last year, the site is currently zoned RA – Residential Agricultural. Tract’s site plans suggest up to five buildings could be developed on the site. The 400-acre site, between Patterson Farm...
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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...
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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...
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August 18, 2024 North Carolina
Sodium-ion battery manufacturer Natron Energy plans to spend $1.4 billion on a 1.2 million square foot (111,500 sqm) facility, at the Kingsboro CSX Select Megasite which is expected to produce 24GW of batteries annually at full capacity and lead to 1,000 jobs. “Today is a momentous day for Natron...
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July 31, 2024 North Carolina
Data Journey this week announced it has acquired the former purpose-built enterprise data center from Bed Bath & Beyond data center in Claremont, Catawba County, and has converted the facility into a colocation facility. This marks the company’s second facility acquisition, after acquiring...
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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...
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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...
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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...
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April 15, 2024 London
Satellite firm Viasat last week officially launched its new office, at 50 Finsbury Square in London, as the combined offices of both Viasat and Inmarsat, the rival vendor it acquired last year. The new 121,000 square feet site includes new satellite, network, and cyber operations centers for the...
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March 29, 2024 London
University College London (UCL) spinout Oriole Networks has raised £10 million ($12.6m) in a seed funding round co-led by UCL Technology Fund, Clean Growth Fund, XTX Ventures, and Dorilton Ventures, with support from Innovate UK Investor Partnership. “As the demand for compute continues to...
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