BW Digital and BW ESS, international owner-operators of digital infrastructure and energy storage systems, announced the launch of BW Velora. This new venture will focus on developing and commercializing high-value sites for next-generation digital infrastructure and data centers in the Nordic region and Canada.
BW ESS is a global Battery Energy Storage (BESS) owner and operator with more than 500MWh of operating BESS projects, with more than 2.5GWh under construction and a development pipeline of around 7GW. BW Digital, is the digital infrastructure arm of BW Group. The company owns and operates the Hawaiki subsea cable (linking Australia, New Zealand, and the US) and is developing the Hawaiki Nui cable (linking the US, Australia, Indonesia, and Singapore). The company is currently building its first data center campus in Indonesia. Both BW Digital and BW ESS are BW Group subsidiaries.
BW Velora, which has its headquarter in Olso, aims to drive regional industrial growth, promote innovation and accelerate sustainable development. The data centers will anchor industries such as AI, renewable energy, carbon capture and advanced digital services. It was co-founded by industry experts Paal Skoe, Nils Kristian Liveng-Ness and Christian Ekeberg, whose combined experience positions the company uniquely in the fast-growing digital infrastructure market.
“BW Velora is strategically positioned to meet the rapidly growing demand for digital infrastructure,” said Paal Skoe, Co-founder and CEO of BW Velora. “Our innovative approach significantly reduces risks, simplifies project execution and accelerates entry into high-performance data center markets, ultimately driving substantial economic growth and sustainability in local communities.”
Erik Strømsø, CEO of BW ESS and BW Velora chairman commented, “The worlds of digital infrastructure and sustainable energy are increasingly intertwined. As digital power demand continues to grow, we believe it is essential to take a holistic approach to energy and digital infrastructure development. Our investment in BW Velora is an example of this and we believe the company is uniquely positioned to take a leading role in this space, while at the same time creating local economic growth and sustainability.”
Ludovic Hutier, CEO of BW Digital and BW Velora director, added, “As AI continues to evolve, the convergence of data center growth and increasing power demand strongly supports BW Velora’s ambitions. Through BW Digital, we are excited to extend our investment opportunities into the Nordic region, building upon our existing digital ecosystem in Asia-Pacific and fostering meaningful synergies across industries and regions.”
