The owner of EcoDataCenter, Areim, has successfully closed its Nordic data center fund, Areim DC Fund, with EUR 446 million in committed capital from leading institutional investors. The capital will be used to enable further growth and drive the green transition within the data center industry through EcoDataCenter.
Data usage in society is rapidly increasing and expected to grow by 300% over the next five years, driven by the 5G rollout, the emergence of AI, and a rising number of connected products and services. Across Europe, data centers are being constructed swiftly to meet demand, often lacking circularity and environmental requirements. EcoDataCenter's mission is to build the foundation of our digital society as sustainably as possible.
"The capital will enable us to execute our strategy of delivering more sustainable data center services to clients and to become a leading data center company in the Nordics," says Dan Andersson, CEO of EcoDataCenter.
Headquartered in Falun, Sweden, EcoDataCenter operates one of the world's most sustainable data centers. The company recently announced the development of a new large data center campus in Sweden to provide clients with further growth opportunities.
“We see an increased interest in the data center sector in the Nordics, supported by the strong digitalisation trend but also by the attractive characteristics of the Nordic market. With our newly established fund, we have the opportunity to support the green transition within the industry, through EcoDataCenter, to meet society's needs today and in the future,” says Therese Norling, Fund Manager, Areim.
For more information, contact
Dan Andersson, CEO, EcoDataCenter, +46 70-458 88 68, email@example.com
John Wernvik, Chief Marketing Officer, EcoDataCenter, +46 70-899 31 66, firstname.lastname@example.org
EcoDataCenter is a leading supplier of sustainable data centres, founded in 2014 to enable the green transition. In 2019 the company opened the doors to one of the world’s most sustainable data centres, EcoDataCenter 1 in Falun, Sweden. The ambition is to become the leading data centre company in the Nordics. Clients today range from large industries, AI companies and space exploration.
Read more at ecodatacenter.tech
Areim AB is an independent Nordic property owner and fund manager with head office in Stockholm and offices in Copenhagen, Helsinki, Oslo, and London. We own real estate across the Nordic region within the light industrial, residential, office, retail, and data centre sectors. Since the start in 2003, we have invested in underdeveloped real estate where we can add lasting value during our ownership. We see potential in challenging ventures as opportunities for growth. Our vision is to invest in new shapes of progress, for society and beyond. Our goal is to deliver value to all our stakeholders by balancing strong financial results with sustainable societal developments, whilst taking care of our communities. And smile while we do it. Read more at www.areim.com