Nordic markets 3rd party data center and hyperscale investment tops USD3 billion

New research by BroadGroup suggests that investment in the data center sector in the Nordic market has reached around USD 3 billion over the last twelve to eighteen months alone.

In the third annual edition of its report Data Centers Nordic, BroadGroup finds that combined available power for third party facilities and hyperscales is already approaching 800MW for the region.

Research for this report projects that third party m2 space will increase by more than 26% by the end of 2018. A combination of M&A activity, market entry by new investors, promotional initiatives by Sweden, Norway and Denmark in particular to attract hyperscale investment and the emergence of eco-systems will significantly change the landscape over the next 12-18 months.

With its abundance of renewable energy, and in most cases a competitive energy tax, and land availability the region is set to be targeted for further hyperscale development by US players and with Asian firms the Nordics can potentially harness new infrastructure investments.

“Given the outlook for available renewable energy attached to greenfield and brownfield sites across the region, with more than 5500MW, the outlook for the end of 2018 and beyond is extremely positive,” commented Philip Low of BroadGroup.

“As the Nordic markets are now much more integrated with Europe, existing colocation and content distribution hub opportunities, the emergence of Edge, fixed price contracts for renewable energy and further investment in connectivity present attractive opportunities for enterprises deploying IT assets globally.”

Datacenter Nordics III is the third annual report from BroadGroup and covers 8 countries: Denmark, Finland, Iceland, Norway, Sweden and the Baltic States of Latvia, Lithuania and Estonia who collectively own 260 third party data center facilities.

Source: BroadGroup
Article: http://www.broad-group.com/press-release/nordic-markets-3rd-party-data-center-and-hyperscale-investment-tops-usd-3-billion

September 12, 2017

Data center

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