Magnora affiliate MDATA secures grid connection deal for Hämeenlinna data center project near Helsinki

Reuters2026/08/24 05:06

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Magnora’s 52.7%-owned Magnora Data Center signed a grid connection agreement for its Hämeenlinna data center project near Helsinki.
Connection is scheduled for Q1 2029, with an option to accelerate to H2 2028.
Magnora Data Center also signed an LOI with a local utility covering district heating, back-up power, additional electricity.
The company plans to expand beyond an initial 120 MW concept, targeting a larger multi-site campus over coming years.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Magnora ASA published the original content used to generate this news brief on August 24, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Magnora affiliate MDATA secures grid connection deal for Hämeenlinna data center project near Helsinki

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