DCD
Summary
Nordic data center operator Conapto has secured almost $40 million in debt financing to help expand its footprint in Sweden.
“Our Swedish data center provider Conapto is adding another 20MW of power capacity after securing a SEK 400 million ($38.8m) debt financing from Kommunalkredit Austria AG,” investment firm Marguerite announced recently
Kommunalkredit is a specialized bank for infrastructure and energy financing.
Marguerite said the fund will be used to finance the fit-out of the first phase of a new 8,000 sqm data center in Stockholm, Sweden, that will be connected to the district heating network to reuse excess heat from its operations.
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