Iceland's Verne Global, the provider of sustainable data centre services, is expanding its 40-acre data centre campus by a further 10MW of constructed power capacity, to meet the needs of European and North American service providers.
The company was recently acquired by Digital 9 Infrastructure (D9). The D9 investment trust, that focuses on sustainable digital infrastructure assets, will fund the $50m development of new data centre space.
The site is located with access to abundant, low-cost renewable energy and a "highly reliable" national electrical grid, said Verne. "As more companies look to decarbonise their digital infrastructure when powering intensive applications - such as artificial intelligence, mathematical modelling and predictive analytics - with cleaner, greener energy, we are expanding now to meet demand," said the firm.
Verne has brought in modular data centre solutions provider Integra Mission Critical to fit out the new data centre space.
“We’re seeing sector after sector looking to move into high performance analytics environments, and we're scaling our campus again alongside new and existing customers to meet that need,” said Dominic Ward, CEO at Verne Global. “It’s great to also take this first step into the future as part of the D9 Infrastructure platform, and we are all eagerly looking forward to what comes next.”
Thor Johnsen, head of digital infrastructure at Triple Point, D9’s investment manager, added: "Powered by Iceland’s abundant green power, Verne Global’s expanded data centre will be even better placed to provide resilient digital infrastructure that offers a true reduction in carbon emissions for its customers, alongside long-term economic and sustainable stability.”
