Denmark Archives - The Tech Capital

Denmark

Nordics to house nearly 1 in 10MW of European data centre power

The Nordic data centre market has been in frank expansion since the mid-2010s and by the end of this year is projected to be home to 8% of Europe’s all colocation supply in Europe. This represents a sharp year-on-year increase from 5% in 2022, with many locations in the region set to benefit f...

October 24

João Marques Lima

atNorth announces investment for Danish data centre debut

Nordic data centre operator atNorth has unveiled plans to invest in a new 30MW facility in Denmark. The campus, to be located in Ballerup, Greater Copenhagen, will see phase one brought online before the end of 2024 (Q4), with construction set to last 12 months. Named DEN01, the site will be atNorth’s ninth data centre and marks the group’s debut in Denmark. The n...

October 13

João Marques Lima

Nordic data centre deal paves way for APAC businesses’ European expansion

Nordic operator Bulk Data Centers has signed a partnership agreement with Hong Kong-based telecoms giant HGC Global Communications Limited (HGC) as APAC businesses continue to enter and grow in the European market Through HGC’s footprint and services under the EdgeX by HGC ecosystem, the deal focuses on the cloud and OTT players. Bulk Data Centers currently manages fac...

October 09

João Marques Lima

Stonepeak spends nearly $800m on Nordic cell towers

Alternative investment firm Stonepeak has acquired a 49% stake interest in Cellnex Sweden and Cellnex Denmark (Cellnex Nordics) for €730 million (US$772.8 million). The transaction represents a multiple of 24x 2024E EBITDAaL. The transaction is subject to regulatory approvals and is expected to be completed by the first quarter of 2024 at the latest. Cellnex said it...

September 30

João Marques Lima