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atNorth is a Nordic data center operator that sells high-density colocation and build-to-suit hosting across Iceland, Sweden, Finland, and Denmark, with a further site recently announced in Norway. As of 2026 the company operates eight live data centers with several more under construction, leaning on the region’s cold climate, renewable power, and political stability to court energy-intensive AI and HPC workloads. Its facilities in Iceland (Keflavík and Akureyri) already host GPU-heavy AI cloud customers like Crusoe and run at a reported PUE of 1.2, making atNorth one of the more AI-credentialed colocation names in Europe despite being far smaller in footprint than global colocation giants. The company was spun out of IT services group Advania in 2017, rebranded from Advania Data Centers to atNorth in 2020, and was acquired by Swiss investor Partners Group in 2022; in 2026 Partners Group agreed to sell atNorth to Canada Pension Plan Investment Board and Equinix at a reported $4 billion enterprise value, underscoring how quickly the Nordic AI-infrastructure buildout has been valued.
atNorth has a confirmed data center presence at the following locations:
FACILITY OPERATOR
atNorth's clearest AI-optimized infrastructure sits in Iceland, where its ICE02 campus near Keflavík has become a hub for GPU cloud provider Crusoe, which has expanded its footprint there. Both the ICE02 and ICE03 (Akureyri) sites are built for high-density compute, running at a reported PUE of around 1.2 and supporting both air and direct liquid cooling for demanding AI and HPC clusters. More broadly, atNorth's newer mega-site announcements in Finland, Denmark, Sweden, and Norway are explicitly pitched around AI and hyperscale power capacity, though those sites are still in construction or land-acquisition stages rather than confirmed as operational AI deployments today.
Yes. atNorth's ICE02 campus near Keflavík, Iceland hosts an expansion by AI cloud provider Crusoe, and both the ICE02 and ICE03 (Akureyri) facilities are described as running at a PUE of 1.2 while supporting air and liquid cooling for high-density HPC and AI workloads.
As of mid-2026, atNorth had eight operational data centers across the Nordics, with additional mega sites under development in Kouvola (Finland), Ølgod (Denmark), Sollefteå (Sweden), and Haugaland (Norway).
Partners Group closed its acquisition of atNorth in 2022, but in 2026 it agreed to sell the company to Canada Pension Plan Investment Board and Equinix at an enterprise value of roughly $4 billion, with Partners Group planning to retain up to a 10% stake.
atNorth acquired the HPC-as-a-Service platform Gompute in 2023, taking over a data center in Gothenburg, Sweden, but sold the Gompute business itself to IT services firm Advania in 2025 while continuing to physically host the platform in its own facilities.
Yes — we've identified 10 facilities where atNorth may offer colocation services. Please contact atNorth directly to confirm current availability and terms.
We haven't confirmed cloud services for atNorth yet — this isn't a definitive no, since our research can miss things. Please contact atNorth directly to confirm cloud availability.
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