Magnora adds two data center projects to its portfolio in Norway with total capacity of 145 MW
Norway, May 4 -- Magnora has secured two new data center (DC) projects in the western part of Norway, bringing Magnora's DC portfolio to gross 555 MW and net 430 MW. The projects fit Magnora's priorities with AI as a core market driver. Both projects are wholly owned (100%).The first project plans for 95 MW in the southwestern part of Norway, adjacent to one of the country's strongest grid connection points on land zoned for business purposes. The area has stable hydropower generation and several interconnected high-voltage backbone transmission lines. The local community has long benefited from an established power-intensive industry.The second project plans for 50 MW in the northwestern part of Norway and benefits from an established regi...
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