NIB
Summary
The Nordic Investment Bank (NIB) has signed a loan with EcoDC AB (EcoDataCenter). The agreed SEK 280 million (approx. EUR 24 million) five-year loan will finance the expansion of the Falun data centre in Sweden.
The loan will make it possible for EcoDataCenter to increase the capacity to offer secure and sustainable data centre solutions to its customers. Data usage is increasing rapidly, especially since the recent evolution of Artificial Intelligence (AI), which has made the Nordics a preferred region for data centre services. The agreed loan will finance the expansion of 24 MW by 2025 at EcoDataCenter’s Falun site and minor investments in the company’s existing assets.
The data centre buildings and their cooling solutions have been designed to maximise energy efficiency. The electricity that the Falun site consumes is 100% renewable. In addition, the site is connected to the combined heat and power (CHP) plant enabling excess heat to be reused.
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