Magnora has secured two new data center projects in the western part of Norway, bringing Magnora’s DC portfolio to gross 555 MW and net 430 MW. Both new projects are wholly owned.
Magnora ASA is a developer of data center, wind, solar, and battery projects, as well as a data center operator. It operates in Norway (Magnora owns 75% of Norwegian StoreSpeed, which operates a data center in Halden, southern Norway), Sweden, Finland, Scotland, England, Germany, Italy and South Africa.
Specific locations are not provided, but the company says the first project plans for 95 MW in the southwestern part of Norway, adjacent to one of the country’s strongest grid connection points on land zoned for business purposes. The area has stable hydropower generation and several interconnected high-voltage backbone transmission lines.
The second project plans for 50 MW in the northwestern part of Norway, where apparently an established regional data center ecosystem and excess local renewable energy are available. The location is a former quarry, zoned for business purposes, close to recently reinforced grid infrastructure and with easy access to cold water for cooling.
"It is a great pleasure to announce these two projects in the Nordic region with welcoming and supportive local governments," says Erik Sneve, CEO of Magnora. "With all the fundamentals in place, we are looking forward to developing these projects together with local government, other stakeholders, and our growing customer base."
