atNorth
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atNorth is a Nordic colocation and high-performance-computing data center operator headquartered in Reykjavik, Iceland, running eight operational facilities across Iceland, Sweden, Finland, and Denmark as of 2026, with further mega-campuses under development in Norway, Denmark, Finland, and Sweden. The company built its reputation on Iceland’s cheap, 100% renewable geothermal and hydro power and natural free-air cooling, and has increasingly positioned itself around AI and HPC workloads, becoming an NVIDIA DGX-Ready Data Center partner and hosting GPU clusters for customers like Crusoe Energy and Opera. In February 2026, Canada Pension Plan Investment Board and Equinix agreed to acquire atNorth from Partners Group in a deal valuing the company at roughly $4 billion, with CPP Investments taking a ~60% stake and Equinix the remainder — a sign of how significant the Nordic AI/HPC colocation opportunity has become. atNorth is widely described in industry press as Iceland’s largest data center operator.
atNorth has a confirmed data center presence at the following locations:
FACILITY OPERATOR
Email: [email protected]
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atNorth Data Center Locations
- Copenhagen, Denmark DEN01 TIER III PENDING REVIEW
DEN01, atNorth's first Danish data center in Ballerup/Skovlunde, feeds its waste heat into a local district heating network operated by Vestforbrænding to warm nearby homes. - Espoo, Finland FIN02 PENDING REVIEW
FIN02's heat reuse partnership with Finnish retail giant Kesko went live in November 2025, delivering the data center's waste heat to a neighboring Kesko store branch. - Espoo, Finland FIN03 PENDING REVIEW
- Helsinki, Finland FIN01 PENDING REVIEW
- Akureyri, Iceland ICE03 TIER III PENDING REVIEW
ICE03 opened in June 2023 as atNorth's third Icelandic Tier 3 facility, achieving a notably low PUE of around 1.2 within its first phase of two buildings. - Reykjavik, Iceland ICE01 TIER III PENDING REVIEW
ICE01, also known as the Thor DC campus, was atNorth's original flagship Reykjavik-area facility, previously operated under the Advania Data Centers brand before the 2020 rebrand. - Keflavik, Iceland ICE02 TIER III PENDING REVIEW
ICE02 is an NVIDIA DGX-Ready Data Center that has hosted Crusoe Energy's colocated GPU cloud deployment and Opera's KEF-1 supercomputer, one of the notable AI clusters built on Iceland's renewable power. - Stockholm, Sweden SWE01 PENDING REVIEW
SWE01, atNorth's Kista campus in Stockholm, has been selected to host infrastructure for a Swedish National AI Cloud project run with partner 6G AI Sweden.
By Continent
Common Questions
Does atNorth have data centers built specifically for AI/GPU workloads?
atNorth doesn't run a dedicated AI-only colocation line, but several of its facilities host high-density AI infrastructure: its ICE02 site near Keflavik is an NVIDIA DGX-Ready Data Center that has hosted Crusoe Energy's GPU deployment and Opera's KEF-1 NVIDIA DGX SuperPOD built on DGX H100 systems, and its SWE01 site in Kista, Stockholm has been selected to host a Swedish National AI Cloud running Nvidia H200 and Blackwell GB200 GPUs.
Who owns atNorth?
atNorth was owned by Swiss investment firm Partners Group from 2022, but in February 2026 Partners Group agreed to sell the company to Canada Pension Plan Investment Board and Equinix for an enterprise value of about $4 billion, with CPP Investments taking roughly 60% and Equinix the rest.
In which countries does atNorth operate data centers?
As of 2026, atNorth operates data centers in Iceland, Sweden, Finland, and Denmark, and it has announced future sites in Norway as well, giving it a footprint across all five Nordic countries once those under-construction and planned mega-sites (in Kouvola, Finland; Ølgod/Varde, Denmark; Sollefteå, Sweden; and Haugaland, Norway) come online.
How big is atNorth's largest data center?
atNorth's largest operating site is ICE02 near Keflavik, Iceland, with roughly 80-83MW of committed power capacity, though its planned Varde, Denmark mega-campus (DEN02) is designed for an initial 250MW scaling to several hundred megawatts once built.
Does atNorth offer colocation services?
Yes — we've identified 8 facilities where atNorth may offer colocation services. Please contact atNorth directly to confirm current availability and terms.
Does atNorth offer cloud services?
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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