EcoDataCenter has efficiently secured EUR 600 million in debt financing from Deutsche Financial institution Non-public Credit score and Infrastructure. The financing is earmarked for the corporate’s bold enlargement plans and progress in superior digital infrastructure.
The CEO of EcoDataCenter, Peter Michelson, commented, “Ai infrastructure is a brand new base business, and we’re constructing one among Europe’s most enjoyable firms within the sector.We’re happy with the belief locations in us and sit up for persevering with our journey in direction of turning into Europe’s main participant in excessive efficiency knowledge centres.”
EcoDataCenter has risen to prominence in digital infrastructure, significantly after its strategic collaboration with AI hyperscaler CoreWeave in 2024. Collectively, they’re set to ascertain one among Europe’s most substantial AI clusters in Falun. Not lengthy after, EcoDataCenter procured the Kvarnsveden paper mill in Borlänge, aspiring to additional its knowledge centre capabilities.
Since 2023, alongside its proprietor Areim, the corporate has efficiently secured a complete of EUR 1.8 billion in financing. This newest capital injection is predominantly directed at expounding the Falun and Borlänge campuses, cementing their place within the digital infrastructure panorama.
Having first opened its doorways in Falun in 2019, EcoDataCenter has diligently targeted on enhancing its compute capability. The agency’s dedication to technological development and sustainability has garnered the belief of world giants like BMW, DeepL, and CoreWeave.
On this important transaction, LionTree Advisors supplied monetary advisory, whereas White & Case LLP served as authorized counsel to EcoDataCenter. With these collaborations, the corporate is well-poised for its subsequent part of progress.
