Therma Loop AB (T.Loop) is establishing operations in Finland. The City of Hanko has reserved land in the Eastern Industrial Area for the development of a new data center, which will become part of the company's growing portfolio in the Nordics and Europe.
Therma Loop's concept is based on so-called DEC facilities (Data Energy Centers®), where data centers are designed from the start to be integrated with the energy system. By recycling waste heat to local district heating networks and contributing support services to the electricity grid, both local benefits and a more resilient energy system are created.
"This establishment is an important step in our strategy to build resource-efficient AI infrastructure in the Nordics and Europe. Our model means that data centers not only consume energy, but also contribute back to society", says CEO Helena Fagraeus Lundström.
The Hanko facility is planned to supply heat to the local district heating network and contribute to strengthening the region's energy system and digital capacity. "We see a very strong demand for capacity in Europe in the coming years. Through our model, we can offer a faster route to grid connection (“route to power”) and thereby help meet this demand", says Duke Aschan, Head of Sales.
Although no official construction timeline has been announced, the land reservation in Hanko is valid for a period during which the necessary permits and investigations are carried out. The project is expected to contribute to local development through investments in both digital and energy-related infrastructure.
The investment in Finland is part of Therma Loop's long-term ambition to establish itself as a leading player in sustainable and resource-efficient data center development in the Nordics and Europe.
