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Peter Michelson, CEO EcoDataCenter
Peter Michelson, CEO EcoDataCenter

Pressmeddelande -

EcoDataCenter Issues Bonds to Accelerate AI Infrastructure Growth

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.

The bond issue generated strong demand from institutional investors, underscoring the market's confidence in EcoDataCenter’s business plan.

"AI is a dynamic investment area with enormous potential to drive growth and productivity. Scaling AI requires capital. This is an important milestone for us, on our journey to become the leading European player in AI-infrastructure," says Peter Michelson, CEO of EcoDataCenter.

Europe demands ambitious investments in AI infrastructure to maintain global competitiveness and drive innovation. EcoDataCenter has quickly established itself as a leader in this space, with several recent announcements supporting its expansion. In early September, it was announced that EcoDataCenter would partner with AI-company CoreWeave to build one of Europe's largest AI clusters in Falun. Two weeks later, EcoDataCenter purchased a 20-hectare industrial site in Borlänge with an initial capacity of 240 MW, to establish one of Europe's largest data centers.

“The demand for data centers that can combine the latest technology with high energy efficiency and with a low climate footprint is strong and constantly increasing. We are very well positioned to capitalize on the growth opportunities in the sector." states Peter Michelson, CEO of EcoDataCenter.

EcoDataCenter opened its first data center in Falun, Sweden in 2019 and also operates facilities in Stockholm and Piteå. Thanks to a combination of technological leadership and unique sustainability solutions, EcoDataCenter has gained the trust of major customers such as BMW, DeepL, and CoreWeave.

The senior unsecured bonds are issued by EcoDataCenter’s holding company - EcoDC Holding AB (publ) – under a framework of SEK 2 billion, with a tenor of 3 years and a floating interest rate of STIBOR 3 months plus 4.75 per cent per annum. EcoDataCenter intends to apply for listing of the bonds.

ABG Sundal Collier AB acted as sole arranger in connection to the issuance of the bonds. Roschier Advokatbyrå AB acted as legal counsel.

For more information, please contact:

John Wernvik, Chief Marketing & Communications Officer, +46 70-899 31 66
john.wernvik@ecodatacenter.se


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EcoDataCenter is a supplier of sustainable digital infrastructure. Founded in 2014 to enable the green transition. In 2019 the company opened the doors to one of the world’s most sustainable data centers in Falun, Sweden. With the vision that datacenters need to become one with society,. Clients today range from large industries, AI companies and space exploration. Read more at http://ecodatacenter.tech

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