EcoDataCenter's owner, Areim, has successfully secured EUR 450 million in capital from leading institutional investors. The capital will be used to enable further growth and drive the green transition in the data centre industry through EcoDataCenter. Over the past 2 years, Areim and EcoDataCenter have secured a total of approximately EUR 1.2 billion in funding.
"We are establishing one of the most exciting companies in the Nordics. Through our platform, we have established partnerships with some of the world's leading companies, which creates great investor confidence in what we do," says Peter Michelson, CEO of EcoDataCenter.
“The continuous strong support we have received from both existing and new investors is a testament to the strategy of our dedicated data centre fund", says Henrik Brinck Landelius, CEO of Areim. "The substantial interest in the Areim DC Fund and EcoDataCenter underlines the demand and attractiveness of the Nordic market for data centres. There is a lot of activity in this space, and the additional investments are important for growing the platform further. I would also like to show my appreciation to the team for their successful fundraising. We are now well-positioned to continue to deliver value to customers, our investors, and other key stakeholders.”
Continued expansion
Areim took a majority stake in EcoDataCenter in 2018, and the company is since 2023 fully owned by the Areim DC Fund. The raised capital will be used to continue expanding EcoDataCenter. The company currently operates five data centers across three sites in Falun, Piteå, and Stockholm.
“When we first decided to invest in EcoDataCenter, we saw the inherent potential in sustainable data centres to meet the rising demand for digital infrastructure. A lot has happened since, and data centres now form fundamental building blocks of this infrastructure, regardless of the data loads’ origins and use. We look forward to continuing to lead the development of data centres in the Nordics as the demand for digitalisation and AI keeps rising,” says Leif Andersson, founder of Areim and Chairman of EcoDataCenter.
