Published in Verne Global

Nscale Signs 15MW Lease Agreement with Verne for Data Center Capacity

Nov 19, 2025 | Posted by Abdul-Rahman Oladimeji

AI cloud provider Nscale has signed on to lease 15MW of capacity at Verne's data center campus in Iceland. The agreement will see Nscale deploying 4,600 Nvidia Blackwell Ultra GPUs across Verne's campus through 2026. The GPUs will be 85 percent liquid-cooled and 15 percent air-cooled.

Dominic Ward, CEO of Verne, said: “The pace of change in AI infrastructure is extraordinary. As the demand for GPU capacity accelerates, availability of clean, renewable power has become as important as raw performance. Partnering with Nscale, whose expertise is redefining how AI infrastructure is delivered responsibly at scale, demonstrates how the Nordics are fast becoming a strategic hub for sustainable AI growth.”

Philippe Sachs, chief business officer and president of EMEA, Nscale, added: “As compute demand grows, we’ve worked with partners throughout the world and the Nordic region to deliver sustainable solutions to meet that demand. The Nordics offer a uniquely sustainable foundation – abundant renewable energy and natural cooling. With our existing operations in Norway, we’ve seen first-hand how the region powers low-carbon, sovereign-grade AI infrastructure, Verne has been an exceptional partner – agile, technically rigorous, and aligned with our long-term sustainability vision.”

Local variables: publishable - The model instance (Post) with status: draft/published publish_path - The route path for the publish action %>

Ready to Level up Your
Data Center Strategy?