Magnora Data Center has acquired an operating data centre of about 1,400 sqm and up to 2 MW of IT load in Oslo from an unnamed international telecom operator. It will own 75 %, with partner Blix Group holding 25 %
Statnett's new long term market analysis narrows expected growth in Norwegian electricity consumption to 20 to 80 TWh, down from 50 to 120 TWh two years ago, and now expects data centres to make up a larger share of the growth.
A Green Mountain subsidiary has signed construction financing of up to EUR 1.007 billion with a foreign bank for an 80 MW campus in Norway built for an international technology company. Delivery of the first 20 MW is expected to slip to July 2027.
Kearney forecasts annual data centre demand growth to 2030 of 37.6% in Finland and 36.8% in Norway, against 17.6% in the UK. It puts grid-connected land in leading Nordic locations at EUR 0.6m to 0.8m per MW, against EUR 2.25m to 2.30m in Western Europe.
Space Norway has awarded Ciena a turnkey contract to modernise its existing Svalbard subsea links and equip the planned Arctic Way cable from mainland Norway via Jan Mayen to Svalbard, which is expected in service in 2028.
VivoPower has mobilised construction to convert the first 40 MW phase of its Mo i Rana site in northern Norway into an AI data centre. Local contractors handle early works, while the mechanical and electrical fit-out contract is still to be awarded.
EdgeConneX applied in December 2025 for grid permits to power its 365 MW Fyresdal data centre. The mayor has complained to the energy minister about the pace, and NVE says the applications go out for consultation during October.
From 12 October, Energinet and Danish grid companies rank connection requests in four categories instead of by filing order. Ordinary data centres fall into the last category, while those linked to critical functions can be placed first.
Lassi Noponen, Director General of Business Finland, says Finland asks too little of data centre developers. He suggests that commitments to research, development or Finnish suppliers could move a project up the queue for scarce grid connections.
atNorth has announced FIN05, a new data center on a 28.6-hectare site in Salo, southern Finland. Power for a 75 MW first phase is secured, with a path to 230 MW through a Fingrid substation. The company puts its own investment at about EUR 2 billion.
Nordic data center provider atNorth has announced its expansion into Norway with the acquisition of land for a mega data center site in Haugaland. The move marks a significant milestone for the company, establishing its presence across all Nordic countries.
A landmark study commissioned by the Swedish Data Center Industry (SweDCI) and produced by Radar Group puts hard numbers on what the industry has long argued: data centres are no longer background IT infrastructure. They are a strategic production layer for the entire Swedish economy.