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Norway

The Tech Capital Norway’s government buys satellite business for $220m

Norwegian telecommunications operator Telenor has entered into an agreement with Space Norway regarding the sale of its subsidiary Telenor Satellite. The sales price achieved NOK 2.36 billion on an enterprise value basis, or US$218.4 million. As Space Norway is wholly owned by the Norwegian G...

November 26

The Tech Capital Google submits application for major power tender for planned data centre in Norway

Update: A former version of this article referred that Google had applied for 860MW for its data centre power. This has now been clarified by local authorities who said the value was a long-term projection based on power needs by Google and other entities. Therefore, this entry has been updated accordingly. In a strategic move with potential implications for Norway's energ...

November 21

The Tech Capital Green Mountain to open new Oslo data centre expansion in 2024

Green Mountain has announced new expansion work at its data centre facility in Enebakk outside Oslo. This is the second addition to the campus the group has announced this year alone. The project includes a new 10 MW data centre scheduled to be completed by September 2024. Almost half of the capacity is already dedicated to a new international customer, the company sa...

November 20

The Tech Capital 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 from increased hyperscaler demand, according to real estate giant CBRE. The ac...

October 24

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