Magnora Data Center buys operating 2 MW data centre in Oslo with Blix
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 %
Magnora Data Center ASA has acquired an operating data centre in Oslo from an international telecom operator, its parent Magnora ASA announced on 20 October. The seller was not named, and financial terms were not disclosed, DCD reported.
The facility covers about 1,400 square metres and has up to 2 MW of IT load. According to the company, it can be upgraded to EN 50600 Availability Class 3, or Tier III. Magnora Data Center, which is separately listed and 52 per cent owned by Magnora ASA, will hold 75 per cent of the facility, while Blix Group AS will own the remaining 25 per cent.
The site already has fibre connectivity across the Oslo region, and Blix will connect it to its own fibre network. A district heating off-taker is being evaluated for the site's heat. "Taking over an operating facility gives us a fast track to revenue," said Erik Sneve, chairman of Magnora Data Center and chief executive of Magnora ASA.
The acquisition is the third site in Magnora Data Center's metro Oslo strategy, a network of urban data centres in and around the capital. In August, the company agreed a 50/50 joint venture with Blix to develop an AI data centre in the former Norwegian Payment Clearing House facilities in the Oslo area, Magnora Data Center said at the time. That site starts with 1 MW, and technical studies indicate it could scale to 9 MW, depending on grid connection, cooling and floor loading. Blix, which offers colocation in Oslo, Stockholm, Copenhagen, London, Amsterdam and New York, runs its Blix NR5 Oslo facility in the same building, according to DCD.
Rather than building from scratch, Magnora is reusing buildings that already have power, cooling and connectivity in place. The company has tied that approach to scarce grid capacity in the Oslo region and rising demand for AI and cloud capacity near the city.
The next announced steps for the new site are the connection to Blix's fibre network and the choice of a district heating off-taker. No timeline has been given for either.
Source: Magnora ASA, Magnora ASA via NTB, Magnora Data Center, DCD
This article was written with AI assistance and reviewed by the SDC-Platform editorial team before publication.
