atNorth announced plans to develop a new data center FIN05, in Salo, Finland. atNorth already operates two data center facilities in Finland, with two additional sites under development.
FIN05 will be developed on a 28.6-hectare site. Power for the first phase, planned at 75 MW, is secured, with a path to power of up to 230 MW for the wider development. The site will connect through a Fingrid substation.
atNorth plans to enter into long-term power purchase agreements with local energy suppliers to support energy production in the region, as well as flexibility solutions that could support the efficient operation of Fingrid’s transmission grid. The company will also work with local stakeholders to explore opportunities to make use of heat generated by the data center. This builds on existing heat reuse collaborations with Kesko Corporation in Finland, Stockholm Exergi in Sweden as well as Vestforbrænding and Selected Group in Denmark.
atNorth’s investment in the Salo site is expected to be approximately €2 billion. This estimate does not include servers owned by customers, or their installation, which could represent a further investment of up to an estimated €10 billion.
“FIN05 is an opportunity to develop critical digital infrastructure while working with the region to create lasting local value,” said Eyjólfur Magnús Kristinsson, CEO of atNorth. “We are exploring how local energy partnerships, flexibility solutions and heat reuse can contribute to the wider energy system and community. We look forward to working with Salo and regional partners as the project develops.”
“We are delighted to welcome this investment to our region,” said Anna-Kristiina Korhonen, Mayor of Salo. “The new data center will create valuable employment opportunities during both construction and ongoing operations, while generating wider economic benefits for local businesses. This development strengthens our position as an attractive destination for innovative industries and supports sustainable long-term growth for our community.”
“This project demonstrates Salo’s potential as a location for major digital infrastructure investment,” said Matti-Juho Ervasti, Partner at Regant Oy. “We have worked closely with atNorth and the municipality to provide a development-ready site, with the scale, planning readiness and power roadmap needed for large data center projects.”