Following many months of negotiation Green Mountain Data Centre have signed a hosting agreement with a major Nordic IT Company. The 21000 sq m colocation data centre is now being fitted out in multimillion dollar investment in a former high security underground NATO facility. Investment is privately funded by the Smedvig family.
Negotiations with the anchor tenant extended over several months because they embrace complex design and commercial elements. ‘For Green Mountain this is a key moment as we view this as market acceptance of our data centre’ said Knut Moulag CEO of Green Mountain ‘We were selected because of the high security of the facility, its low operational costs and its ‘green’ credentials. We cannot publish the name of the customer, only state that it is a major Nordic IT operator’. The facility will be fully operational in Q1 of next year.
Source: Energy Digital
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