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atNorth
Data center news, project activity, and monthly briefings for atNorth.
Editor's picks
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Camilla O’Leary new Co‑Chair of Infrastructure Masons’ iMWomen Initiative
atNorth has announced the appointment of Camilla O’Leary as Co-Chair of the Infrastructure Masons iMWomen program EMEA.
- Camilla O’Leary, atNorth’s Director of Client Management, will help guide iMWomen’s strategic direction, expand its global reach, and strengthen partnerships.
- The article says iMWomen was launched in 2020 and focuses on visibility, participation, mentorship, education, and leadership development for women in digital infrastructure; atNorth also references its membership in Nordic Compass, the Climate Neutral Data Centre Pact, the UN Global Compact, and the EUDCA.
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Selected Group will utilize surplus heat from atNorth’s DEN02 data center
atNorth has announced a new heat reuse partnership with Selected Group to use surplus heat from its DEN02 data center campus in Ølgod, Denmark, to power a large-scale greenhouse development.
- The first phase of the greenhouse project is expected to be completed in Q3 2028 and will be built adjacent to the data center within the local plan area.
- atNorth said the project is intended to support year-round local food production, reduce reliance on imported produce, and lower carbon output compared with fossil-heated greenhouse operations; the announcement also references earlier atNorth heat-reuse partnerships with Vestforbrænding, Kesko Corporation, and Stockholm Exergi.
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Redefining data centers for sustainability and society
atNorth chief sustainability and compliance officer Janne Sigurdsson argues that Nordic data centers should be viewed as civic infrastructure supporting economic development, sustainability, and community regeneration.
- The article says atNorth’s ICE03 development in Akureyri, Iceland has supported a new point of presence (POP) and that 90% of the workforce involved in ICE03’s development were local to the area.
- It also says atNorth partners with Kesko Corporation in Finland, Vestforbrænding in Denmark, and Stockholm Exergi in Sweden to reuse waste heat for district heating, and that a significant portion of the DEN02 campus in Denmark will be dedicated to restoring nature and biodiversity.
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350MW Norway campus to support growing AI demand
atNorth discussed its planned NOR01 campus in Haugaland, Norway in an interview attributed to Chief Strategy & Marketing Officer Fredrik Jansson.
- The article says NOR01 is being designed to support next-generation AI workloads with rack densities up to 1MW and a modular architecture intended to enable rapid deployment once supporting power infrastructure is available.
- It also highlights the Nordic region’s advantages for digital infrastructure, including renewable energy, resilient power networks, excellent connectivity, and cool climates that support energy-efficient operations. This is an interview/commentary piece referencing a planned campus, not a separate newly announced deal in the text itself.
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Europe’s tech sovereignty package needs to go further
atNorth has welcomed the European Commission’s EU Tech Sovereignty Package as a positive first step toward stronger European strategic autonomy in cloud, AI and digital infrastructure.
- atNorth says the package includes the Chips 2 Act, the Cloud and AI Development Act, and the Strategic Roadmap for Digitalization and AI in the Energy Sector.
- The commentary argues Europe needs faster implementation, more simplified planning, better access to energy, and quicker grid connections; it also says Europe should not wait until 2033 for semiconductor capacity needed for next-generation AI infrastructure.
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Responsible land use drives sustainable growth
Data Center Frontier published an opinion article by Jóhann Þór Jónsson of atNorth arguing that responsible land use is becoming central to sustainable data center development.
- The piece says land is now a key issue in AI-ready digital infrastructure, with developers needing to consider ecological sensitivity, biodiversity, community engagement, and long-term regional development alongside power and connectivity.
- It frames brownfield redevelopment, rewilding, green corridors, and community value as part of a new development model, but it does not announce a specific project, deal, or investment.
- Article published by Data Center Frontier on June 26 and written by Jóhann Þór Jónsson, Director of Site Selection at atNorth.
Recent news
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Cold-Climate Data Centers: The Next Hot Thing in Data Center Growth
This article outlines the case for cold-climate data centers and cites industry examples and a pitch by Alaska Governor Mike Dunleavy.
- Main point: The article describes how cold-climate data centers leverage naturally low ambient temperatures for free cooling, reducing energy and water use; it cites recent industry activity including Equinix and Canada Pension Plan Investment Board’s $4 billion acquisition of atNorth (atNorth operates eight data centers across Iceland, Denmark, Sweden, and Finland) and states there are nearly three dozen data centers in the Arctic.
- Background and details: The piece lists operators (Google in Hamina, Verne Global in Iceland, Green Mountain in Norway, Northern Data) and highlights logistical constraints: distance from population centers, limited power and networking infrastructure, and access challenges; at Data Center World Power in Texas (last year) Alaska Governor Mike Dunleavy pitched Alaska, claiming being “30 degrees cooler than Texas” could save a one-gigawatt plant upwards of $150 million a year in ancillary cooling costs.
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New Data Center Developments: March 2026
DataCenterKnowledge published a monthly roundup of global data center developments covering design, construction, power, and investment across North America, Europe, Asia-Pacific, and Middle East & Africa.
- Overview and key highlights: The roundup summarizes region-by-region developments including major deals and investment figures: S&P reported $69 billion+ in total deal value in 2025 with a $40 billion Aligned Data Centers acquisition; Google’s $15 billion America-India Connect initiative; Adani’s $100 billion AI infrastructure pledge targeting 5 GW by 2035; and a €176 billion (≈$208 billion) European investment forecast for 2026–2031. It also details project specifics such as Meta’s $10 billion, 1 GW Indiana campus and Microsoft’s 15 data centers proposal at the former Foxconn site with a taxable construction value over $13 billion.
- Additional context and deal/implementation notes: The article lists announced partnerships, approvals, and timelines: Equinix & CPP bought atNorth for $4 billion (with a $4.2 billion financing package); Mistral AI & EcoDataCenter plan a $1.4 billion Sweden AI-focused facility launching in 2027; CyrusOne‘s FRA7 first facility topping out (~$1.2 billion regional investment); G42’s Framework Cooperation Agreement in Southeast Asia backed by consumption commitments up to $1 billion. It also reports regulatory actions (NRC/Atomic Safety and Licensing Board intervention on an SMR proposal) and lists concrete project locations and capacity targets (MW/GW) where given.
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Land and Expand: Early 2026 Megaprojects Reflect a Power-First Ethos
Data Center Frontier reports multiple developers advancing power-first, land-and-expand AI-ready data center campuses in early 2026.
- Main announcement/action: Developers including Applied Digital (Delta Forge 1), Vantage (Lighthouse), AVAIO Digital (Little Rock), Rowan (Project Temple), Crow Holdings (Dallas) and Amazon (northwest Louisiana) are advancing large-scale projects that pair land banking with secured power and infrastructure commitments; examples include Applied Digital’s 430 MW Delta Forge 1 (two 150 MW facilities on 500+ acres, first operations targeted 2027) and Vantage’s $15B+ Lighthouse (four hyperscale data centers delivering nearly 902 MW IT load on ~672 acres, construction through 2028).
- Background and details: Projects feature explicit infrastructure co-investments and timelines: Amazon’s $12 billion Louisiana buildout includes up to $400 million for regional water improvements and 100% developer-funded electric infrastructure; AVAIO’s $6 billion Little Rock hub has a 150 MW Entergy Arkansas commitment with potential to scale toward 1 GW, and Rowan’s Project Temple (300 MW, ~700 acres) targets initial operations in 2027 with ~$700 million local investment and unanimous local approvals.
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Policy Shock: Big Tech Told to Power Its Own AI Buildout
The White House is advancing a ‘ratepayer protection’ framework aimed at ensuring large AI data center projects do not shift grid upgrade costs onto residential customers.
- Main action: The White House is pushing a ratepayer protection approach that would encourage/require large AI and hyperscale developers to demonstrate energy self-sufficiency or provide dedicated power solutions (e.g., behind-the-meter generation) when seeking large-load approvals; the article cites signals that formal guidance or rulemaking and possible state-level measures could follow in the near term.
- Context and details: The article reports market movement (about one-third of new U.S. projects evaluating private/on-site power), technical choices include natural gas turbines, fuel cells, hybrid microgrids, and renewables, capacity scales of hundreds of megawatts to gigawatt levels are discussed, and a cited Nordic deal (Equinix/atNorth) reports roughly 1 gigawatt of secured power capacity and further expansion plans; potential near-term indicators include utility tariff changes, hyperscaler commitments, and federal guidance.
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CPP & Equinix buy Nordic data centre group atNorth
Partners Group has agreed to sell pan-Nordic data centre operator atNorth to a buyer group comprising CPP Investments and Equinix for an enterprise value of USD $4 billion.
- Main announcement: Partners Group will sell atNorth to CPP Investments and Equinix at an enterprise value of USD $4 billion; Partners Group will reinvest up to 10% in the company as part of the transaction. The deal covers atNorth’s platform that operates eight data centres with additional development sites across Denmark, Finland, Iceland, Norway and Sweden, and is subject to customary closing conditions and regulatory approvals.
- Background and deal context: During Partners Group ownership (acquired in 2022) atNorth grew its workforce by >200 people, increased contracted EBITDA 14-fold over four years, and secured 1 GW of power with additional capacity in planning. Partners Group has invested around USD $5 billion in data centres and its infrastructure business manages USD $36 billion in assets globally. Ownership split and financing structure were not disclosed.
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Equinix, CPP Investments Confirm $4B Purchase of atNorth
Equinix and Canada Pension Plan Investment Board (CPP Investments) have announced the acquisition of Iceland-based atNorth from Partners Group for $4 billion.
- Deal terms and financing: The parties agreed that CPP Investments will hold a 60% controlling interest and Equinix will own 40%. The transaction includes a $4.2 billion financing package underwritten by European and Canadian lenders. The deal was confirmed on February 27 and is subject to customary closing conditions and regulatory approvals.
- Business and operational details: atNorth is Iceland-based with a portfolio of 8 data centers in operation and several sites under development across Denmark, Finland, Iceland, Norway, and Sweden; the company has 1 GW of secured power and additional future capacity planned, and emphasizes renewable energy sourcing, natural cooling, heat reuse initiatives, and modular design to improve sustainability and efficiency.