EcoDataCenter mentioned that the brand new capital will primarily assist ongoing initiatives in Falun and Borlänge, together with the event of large-scale AI infrastructure
In sum – what to know:
EUR 600m debt secured – EcoDataCenter raised financing from Deutsche Financial institution Non-public Credit score and Infrastructure to assist enlargement in Falun and Borlänge.
AI initiatives drive progress – Investments comply with partnerships with CoreWeave and the acquisition of Kvarnsveden mill to spice up AI compute capability.
EUR 1.8B raised since 2023 – The corporate and proprietor Areim have secured almost EUR 2 billion to fund sustainable, large-scale digital infrastructure.
European information middle operator EcoDataCenter has raised a further EUR 600 million ($702 million) in debt financing from Deutsche Financial institution Non-public Credit score and Infrastructure to increase its information middle operations in Sweden.
The brand new capital will primarily assist ongoing initiatives in Falun and Borlänge, together with the event of large-scale AI infrastructure. EcoDataCenter beforehand partnered with AI hyperscaler CoreWeave in 2024 to construct considered one of Europe’s largest AI clusters in Falun and later acquired the previous Kvarnsveden paper mill in Borlänge to extend capability.
Since 2023, the agency and its proprietor Areim have secured about EUR 1.8 billion in financing.
Based in 2019 with its first facility in Falun, EcoDataCenter’s prospects embrace BMW, DeepL, and CoreWeave.
Nordic actual property investor and developer Areim took a majority stake within the information middle operator through the Areim Fund III for round SEK 200 million ($22 million) in 2018 and merged it with Swedish operator Fortlax in 2019. EcoDataCenter has been totally owned by the Areim DC Fund since 2023.
