Global private investment firm APL Group (aka Asia Pacific Land) – a privately held firm that invests in real estate, renewable energy, digital infrastructure, and private equity transactions based in the United States – announced the development of a hyperscale data center campus in Varkaus, Finland.
Located on a 28-hectare site, the data center is designed to support up to 100 MW of capacity, with the first phase delivering 60 MW and with a planned 40 MW expansion to follow. The facility will span up to 75,000 square meters and benefit from Finland’s highly reliable energy infrastructure and low-risk grid environment. The development will be carried out in close coordination with local stakeholders, with Scale42 serving as an advisor for the project.
“This is a new milestone for APL entering the dynamic Nordic region, in stable and business-friendly Finland. This investment will further strengthen Europe's cloud, AI, and digital infrastructure. The data center enables sustainable, large-scale digital services powered by low-carbon energy and contributes to regional growth by creating jobs and supporting innovation. We are committed to working closely with the City of Varkaus to drive long-term growth, create new opportunities, and strengthen the region’s position in the digital economy,” comments Peng Zhang, Managing Director and Head of Europe at APL.
“Varkaus offers an outstanding environment for developing modern digital infrastructure, combining energy security, digital readiness, and environmental stability. We welcome APL to support the city’s transformation into a regional hub through their investment in this new data center,” says Joonas Hänninen, Mayor of Varkaus.
