Norway, Aug. 24 -- Magnora Data Center ASA (MDATA) has entered into a network connection agreement for its Hameenlinna data center project near Helsinki, Finland. Connection is scheduled for Q1 2029, with potentially even faster process allowing for connection already in H2 2028. Separately, MDATA has signed a Letter of Intent (LOI) with the local utility regarding district heating, back-up power and additional electricity for the project.In less than eight months, MDATA has secured an attractive project, building permit, a firm grid connection agreement, and the LOI for district heating, back-up power and additional electricity. The initial plan was to develop a 120 MW project on the site. However, based on an analysis of the project and d...