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- Detailed Analysis of 125 existing data centers
- Detailed Analysis of 60 upcoming data centers
- Location covered: Denmark, Finland, Iceland, Norway, Sweden
- Existing white-floor space (square feet)
- Upcoming white-floor space (square feet)
- Current IT load capacity (2025)
- Future capacity additions (2025-2029)
- Retail Colocation Pricing
- Quarter Rack (1/4)
- Half Rack Cabinets (1/2)
- Full Rack Cabinet (42U/45U/47U/etc.)
- Wholesale colocation (per kW) pricing
Key Market Highlights
- Sweden and Finland together account for over 60% of the upcoming rack capacity and area in the region.
- Finland has the highest upcoming IT power capacity with more than 2GW, led by FCDC Corp, QTS and Hyperco.
- Green Mountain, STACK Infrastructure, atNorth, Polar DC, and Digital Realty rank among the leading data center operators by capacity across Nordic.
- Finland is home to Google’s largest data center in Europe
- Cost of power is 40-50% less than most of Europe, which is one of the major driving factors for data centers in this region.
- Operators like STACK Infrastructure, Bulk Infrastructure, and EcoDataCenter are expanding aggressively across Norway and Sweden.
The data points covered in the database across each facility are mentioned below:
Existing Data Centers (125 Facilities)
- Market Snapshot
- Location (Region/Country/City)
- Facility Address
- Operator/Owner Name
- Data Center Name i.e., (NDC2, Halden DC3)
- Core & Shell Area (White-Floor Area)
- Core & Shell Power Capacity (IT Load Capacity)
- Rack Capacity
- Year of Operations
- Design Standards (Tier I - IV)
- Power/Cooling Redundancy
Upcoming Data Centers (60 Facilities)
- Investment Snapshot
- Location (Region/Country/City)
- Investor Name
- Area (White-Floor Area)
- Power Capacity (IT Load Capacity)
- Investment ($ Million)
- Electrical Infrastructure Investment ($ Million)
- Mechanical Infrastructure Investment ($ Million)
- General Construction Services Investment ($ Million)
- Announcement Year
- Project Status (Opened/Under Construction/Announced & Planned)
- Active or Expected Year of Opening
Target Audience
- Data center Real Estate Investment Trusts (REIT)
- Data center Construction Contractors
- Data center Infrastructure Providers
- New Entrants
- Consultants/Consultancies/Advisory Firms
- Corporate and Governments Agencies
Table of Contents
1. About the Database2. Scope & Assumptions
3. Definitions
4. Snapshot: Existing & Upcoming Data Center Facility
5. Existing Data Center Database
6. Upcoming Data Center Facility
7. Existing vs. Upcoming Capacity (Infographics)
8. Colocation Pricing
Companies Mentioned
The major operators/investors covered in this Nordics data center market database include:- ECO-LocaXion"
- Adeo Data center
- AQ Compute (Aquila Capital)
- Arcem
- Asia Pacific Land
- AtlasEdge
- atNorth
- Bahnhof
- Basefarm (Orange)
- Binero Group
- Blix Solutions AS
- BlueFjords
- Borderlight (GoGreenHost)
- Borealis Data Center (Herman IT)
- Brookfield Asset Management
- Bulk Infrastructure
- Cibicom
- CompassForge Ventures
- Conapto
- Creanova Datacenter
- Curanet (team.blue)
- Datalahti
- DayOne
- Digita
- Digital Realty
- DLX.DK
- EcoDataCenter
- EdgeMode
- Edora
- Elementica
- Elisa
- Ember
- Equinix
- Evroc
- FCDC Corp
- Ficolo
- GleSYS
- GlobalConnect
- Green Mountain
- GreenScale
- GTT Communications
- Hetzner Online
- hScale
- Hyperco
- ITsjefen
- JN Data
- Keysource + Namsos Datasenter (NDS)
- Kolo DC (EcoDataCenter)
- Lefdal Mine Datacenter
- Mediam
- Multigrid
- Nebius
- NNIT
- Northern Data-Hydro66
- Nscale & Aker
- Oulun DataCenter (GleSYS)
- Penta Infra
- Polar DC
- Polarnode
- Prime Data Centers
- QTS
- Regant Oy
- Rise Institue
- SplitVision
- STACK Infrastructure
- STORESPEED
- Suomen Energiainsinöörit Technology Oy
- Telenor
- Hafslund & HitecVision
- Telia Carrier
- Telia Group
- TerraHost
- Thylander
- Tiktok (Hyperco)
- Vattenfall- Cloud&Heat
- Verne Global
- Vesper Infrastructure (Terakraft AS)
- WS Computing AS (Skanska - Contractor)
- XTX Markets
Methodology
Our research comprises a mix of primary and secondary research. The secondary research sources that are typically referred to include, but are not limited to, company websites, annual reports, financial reports, company pipeline charts, broker reports, investor presentations and SEC filings, journals and conferences, internal proprietary databases, news articles, press releases, and webcasts specific to the companies operating in any given market.
Primary research involves email interactions with the industry participants across major geographies. The participants who typically take part in such a process include, but are not limited to, CEOs, VPs, business development managers, market intelligence managers, and national sales managers. We primarily rely on internal research work and internal databases that we have populated over the years. We cross-verify our secondary research findings with the primary respondents participating in the study.
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