Magnora Plans 100MW Data Center Project in Kristiansund, 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 Knapskog, who successfully developed and sold Tonstad DataPark to GreenScale. Magnora will hold 70 percent of the shares in the new entity, Averøy Industripark 22.5 percent, and Torek AS the remaining 7.5 percent.

“This project offers a great opportunity to our target customers, it’s in an industry where time-to-market is decisive and liquid-cooled high-density capacity is critically undersupplied, and the Nordics stand out as an emerging region," said Erik Sneve, CEO of Magnora.