Nordic data center firm atNorth is expanding its footprint in Finland.

The company this week announced plans to develop a new facility, known as FIN05, in Salo, a city in the southwest corner of Finland, some 115km (71 miles) west of Helsinki and 52km (31 miles) east of Turku.

FIN05 will be developed on a 28.6-hectare site. Power for the first 75MW phase has been secured, and the grid-connected project will have a pathway for up to 230MW (160MW IT capacity).

AtNorth said it plans to invest €2 billion ($2.24bn) into the project. The campus is due to go live in Q3 2028.

The company aims to enter into long-term Power Purchase Agreements with local energy suppliers, and will make the campus’ waste heat available for reuse.

“FIN05 is an opportunity to develop critical digital infrastructure while working with the region to create lasting local value,” said Eyjólfur Magnús Kristinsson, CEO of atNorth. “We are exploring how local energy partnerships, flexibility solutions and heat reuse can contribute to the wider energy system and community. We look forward to working with Salo and regional partners as the project develops.”

The company currently operates seven data centers across Sweden, Iceland, and Finland, with additional sites under development in Finland, Denmark, Sweden, and Norway.

In Finland, atNorth operates two facilities around the capital, Helsinki. The company is also developing FIN04, a 60MW project with potential to reach 430MW, in Kouvola.

“We are delighted to welcome this investment to our region,” said Anna-Kristiina Korhonen, Mayor of Salo. “The new data center will create valuable employment opportunities during both construction and ongoing operations, while generating wider economic benefits for local businesses. This development strengthens our position as an attractive destination for innovative industries and supports sustainable long-term growth for our community.”

AtNorth was formed as Advania Data Centers in 2012 from three components: Skyrr, a public sector IT specialist in Iceland; Kerfi, a Swedish outfit with roots in a Nokia spin-off called Datapoint; and Hands from Norway.

The company de-merged from the Advania Group in 2017, rebranded to atNorth, and was sold to Swiss investment manager Partners Group in 2021. Equinix and CPP acquired the company earlier this year.