EcoDataCenter's owner, Areim, has successfully secured EUR 450 million in capital from leading institutional investors. The capital will be used to enable further growth and drive the green transition in the data centre industry through EcoDataCenter. Over the past 2 years, Areim and EcoDataCenter have secured a total of approximately EUR 1.2 billion in funding.
EcoDataCenter has successfully issued its inaugural SEK 1 billion senior unsecured bonds, to enable further investments in critical AI infrastructure. EcoDataCenter thereby strengthens its position as a leading player in sustainable, energy-efficient data centers for AI in Europe.
EcoDataCenter have acquired parts of a former papermill plant in Borlänge, Sweden. The site, spanning over 20 acres, will have at least 240MW power capacity. A milestone in EcoDataCenter's expansion journey, which, together with the previous establishment of data centers in nearby Falun, turns the region into a powerhouse for European AI infrastructure.
The world's most advanced AI chip is coming to Sweden. EcoDataCenter and CoreWeave, a leading provider of cloud-based computing power, have entered a collaboration to build the first large-scale NVIDIA Blackwell cluster in Europe. The establishment will take place in Falun and will significantly increase computing capacity in Europe, to meet the growing demand for AI services.
EcoDataCenter, a pioneering force in sustainable data centers has successfully raised EUR 170 million in debt financing from a consortium of banks. This substantial financial injection is poised to accelerate EcoDataCenter’s expansion within the Nordic market. This achievement follows the recent closing of Areim DC Fund, boasting an additional EUR 447 million in committed capital from EcoDataCente
Peter Michelson will assume the role of CEO of EcoDataCenter on October 1 and comes most recently from a role as Head of Ericsson's global cloud and IT business. He takes over the leadership of a company that wants to be a driving force in the green transition linked to digitalization.
- EcoDataCenter is on an inspiring journey of high growth and has quickly taken a place on the internation
As part of the ambition to reach net-zero, the University of York, UK, will place much of the university’s advanced calculations at EcoDataCenter in Falun, Sweden. Access to a sustainable infrastructure for the most energy-consuming part of IT was the determining factor.
Excess heat from new data centers will be used to enable food production in Sweden. A new collaborative project between the Swedish EcoDataCenter and circular industry player WA3RM will focus on large-scale cultivation, which, among other things, is expected to contribute to Sweden’s self-sufficiency in food significantly.
EcoDataCenter signs a multi-year agreement with DeepL, one of the world’s leading Artificial Intelligence-powered digital translation companies. The agreement initially covers 3 MW of HPC (High-Performance Computing) services at EcoDataCenter’s Main Site in Falun.
