Helios plans Data center Development on 860 Hectares in Finnish Lapland

Aug 18, 2026 Posted by Abdul-Rahman Oladimeji Published in Helios Nordic Energy Finland Oy

Nordic energy company Helios is planning a data center project in Finnish Lapland. The company has submitted a zoning request for a proposed facility in the Koivu area of Tervola, covering around 860 hectares. The site is about 20km (12.4 miles) from Tervola’s municipal center. The application was submitted through Helios’ affiliate, Helios 1 Cranberry Oy.

"Finland's strengths for locating data centers are a safe and predictable operating environment, a reliable electricity grid, a cool climate, and high-quality telecommunications connections. Finland has an excellent opportunity to become a leader in the industry. The need for data centers is now growing significantly, and in the current global situation, it is in the interest of all of us internet users that information about us can be processed securely on servers located in Finland," said Jenny Hölttä, project developer at Helios.

Founded in 2019, Helios Nordic Energy operates more than 100 solar projects across the Nordics and has been owned by VINCI Group since 2024. Tervola is the company’s third announced data center project. Helios is also planning a 500MW facility in Lapinlahti and another project in Iisalmi, Finland.

Tervola Mayor Mika Simoska added: "Tervola has established itself as a bio-municipality in Lapland, where renewable energy is produced and utilized. It is great that Helios has initiated the planning of a data center project for our municipality. This way, renewable energy produced in Tervola and the surrounding area can be utilized locally. The project is a positive boost to the regional economy, bringing diverse growth effects.”helios_Tervola.width-358.png

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