Magnora Buys 70% of Data Center Development in Finland

01:39 AM EST, 01/08/2026 (MT Newswires) -- Magnora (MGN.OL) secured a 70% interest in a data center project being developed in Hämeenlinna, Finland, with the Northern Europe Energy Group, which owns the remaining 30%. The project, expected to achieve the ready-to-build stage by the end of 2026, sits on a 150,000-square-meter site earmarked for data center operations and possibly, waste-heat recovery, according to a Thursday release. The development marked the third data cente…

Magnora ASA Secures 120 MW Data Center Project in Finland

(AWP Alliance News) - Magnora ASA has announced its entry as majority owner in a new data center project in Finland, expanding its portfolio with a high-density, AI-ready 120 MW facility located in the Helsinki-Tampere area. Developed in partnership with Northern Europe Energy Group, the project is expected to reach Ready-to-Build stage by the end of 2026. The site features 150,000 square meters zoned for data center operations, opportunities for waste-heat recovery via the d…

Magnora secures a third data center project, adding 120 MW, in the Helsinki - Tampere area

8.1.2026 07:00:01 CET | Magnora ASA | Non-regulatory press releasesMagnora is joining as majority owner in an ongoing data center project inFinland, expanding its portfolio with a project for a high-density, AI-ready 120MW facility. The project is developed together with Northern Europe Energy Groupand expected to reach Ready-to-Build stage by the end of 2026.The physical conditions are excellent. The area has 150,000 m² zoned for datacenter operations, potential for waste-he…

Magnora secures a third data center project, adding 120 MW, in the Helsinki - Tampere area

8.1.2026 07:00:01 CET | Magnora ASA | Non-regulatory press releases Magnora is joining as majority owner in an ongoing data center project in Finland, expanding its portfolio with a project for a high-density, AI-ready 120 MW facility. The project is developed together with Northern Europe Energy Group and expected to reach Ready-to-Build stage by the end of 2026. The physical conditions are excellent. The area has 150,000 m² zoned for data center operations, potential for wa…

Magnora ASA: Market update

16.12.2025 08:00:00 CET | Magnora ASA | Non-regulatory press releasesAttached please find a market update from Magnora ASA.CONTACTS* Erik Sneve, CEO, email: es at magnoraasa.comATTACHMENTSDownload announcement as PDF.pdf -https://kommunikasjon.ntb.no/ir-files/17847805/18752618/6635/Download%20announcement%20as%20PDF.pdfMagnora ASA - Market update.pdf -https://kommunikasjon.ntb.no/ir-files/17847805/18752618/6634/Magnora%20ASA%20-%20Market%20update.pdf

Magnora ASA: Market update

16.12.2025 08:00:00 CET | Magnora ASA | Non-regulatory press releases Attached please find a market update from Magnora ASA. Contacts Attachments Erik Sneve, CEO, email: es at magnoraasa.com Download announcement as PDF.pdf Magnora ASA - Market update.pdf

MGN: Magnora adds 100 MW data center project to its Norwegian portfolio

4.12.2025 08:10:32 CET | Magnora ASA | Non-regulatory press releasesOn 4 December 2025, Magnora launched Magnora Scale Averøya, a high-densityAI-ready data center project close to Kristiansund with capacity up to 100 MW.The project is being developed through a partnership established to secure allrights, permits and grid concessions. Magnora is working with owners of AverøyIndustripark and with Tore Knapskog, who successfully developed and sold TonstadDataPark to GreenScale. …

Magnora adds 100 MW data center project to its Norwegian portfolio

4.12.2025 08:10:32 CET | Magnora ASA | Non-regulatory press releases On 4 December 2025, Magnora launched Magnora Scale Averøya, a high-density AI-ready data center project close to Kristiansund with capacity up to 100 MW. The project is being developed through a partnership established to secure all rights, permits and grid concessions. Magnora is working with owners of Averøy Industripark and with Tore Knapskog, who successfully developed and sold Tonstad DataPark to GreenS…

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