Magnora Acquires Majority Stake in 120 MW Data Center Project Near Hämeenlinna, Finland
DATA AND AI INFRASTRUCTURE
Magnora has acquired a 70% majority stake in a 120 MW data center project in Hämeenlinna, Finland, partnering with Northern Europe Energy Group (NEEG), which holds the remaining 30%. The project, covering 150,000 m², is set to reach the Ready-to-Build stage by the end of 2026 and features waste-heat recovery capabilities and access to major fiber operators. This acquisition marks Magnora's third data center initiative in recent months, following developments in Averøy and an operational facility at Storespeed.
Jan 9, 2026, 6:13 AM
