GIGA-42 Signs MoU for 50MW AI Data Center in Iceland
Strategic partnership with Norðurþing Municipality to develop Bakki, a world-class AI-optimised data centre facility in North Iceland...
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AI and compute-intensive industries are scaling faster than the infrastructure required to support them. Growth is increasingly constrained not only by technology or capital, but by the availability, reliability, and timely delivery of energy and physical systems.
Traditional infrastructure models, built for fragmented delivery, are misaligned with this reality. As a result, integrated and energy-secure systems are becoming a structural requirement.
GIGA-42 solves this through a Nordic platform that integrates energy, infrastructure, and AI capabilities into one unified, scalable system.
GIGA-42 creates a structurally resilient, integrated platform that overcomes the limitations of traditional, fragmented infrastructure models by aligning energy availability, infrastructure delivery, and data centre design. This approach supports reliable, timely deployment and long-term performance for energy-intensive digital workloads as demand continues to scale.
GIGA-42 is structured to secure long-term access to competitively priced renewable power in the Nordic region, providing cost stability, reducing exposure to energy price volatility, and supporting the long-term operation of low-carbon, high-density digital infrastructure.
Nordic ambient conditions materially reduce the need for mechanical cooling. This lowers energy consumption, simplifies cooling system requirements, and improves the reliability of day-to-day operations.
By co-locating power generation, grid access, and data centre infrastructure, GIGA-42 reduces interconnection risk, improves system reliability, and ensures AI-scale capacity is delivered efficiently and at speed.
Our portfolio focuses on Iceland, Sweden, Norway and Finland
Explore our cutting-edge AI-ready data center developments across the Nordic region
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Strategic partnership with Norðurþing Municipality to develop Bakki, a world-class AI-optimised data centre facility in North Iceland...
Read MorePartnership with Scale42 combines renewable energy expertise with cutting-edge data center innovation...
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Nordic Region
AI-Ready Data Centers
30MW+
Green Capacity