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October 22, 2026 Polar DC
Crusoe will take a second, larger building at Polar Data Centers' Tørdal campus in Norway. Polar announced the expansion on Oct. 21 (announcement). The new building, DRA02, will add 40MW of liquid-cooled critical IT capacity on hydroelectric power and is due online in late 2027. Crusoe plans...
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October 21, 2026 Oslo
Magnora Data Center ASA has acquired an operating data center in Oslo from an international telecom operator, adding up to 2MW of IT load. The seller is not named, and financial terms were not disclosed. Magnora Data Center owns 75 percent of the facility, and Blix Group AS, the owner of...
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June 01, 2026 Polar DC
Nordic AI data center developer Polar DC has raised an €800 million ($932.2 million) senior secured bond in the Nordic bond market.The company, which is owned by alternative investment firm H.I.G. Capital, plans to use the proceeds to refinance existing debt tied to its first data center in...
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March 17, 2026 Oslo
Another data center may be on the way in Norway. Østfold Energi is preparing sites in Sarpsborg and Våler in partnership with local municipalities, with Google likely to take the Våler location.“We have extensive experience with project development in collaboration with landowners, local...
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March 19, 2024 Oslo
Norwegian telco Telenor, energy company Hafslund and investment fund HitecVision are building a data center in Oslo, Norway, via a newly formed joint venture, Skygard. These companies are to make a NOK 2.4 billion ($200m) joint investment in this data center which is already undergoing...
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