T1 Giga Arctic Approved for Data Center Development
T1 Energy received municipal approval to rezone part of its Giga Arctic campus in Norway for data center development, targeting a 50 MW operational facility by 2027. The company holds a position in the grid capacity queue for 396 MW total and possesses a 50-year lease on the 926,000-square-foot site, which benefits from low-cost hydropower.
Key figures
- Lease term years
- 50
- Rezoned area sqft
- 161000
- Facility area sqft
- 926000
- Grid capacity queue mw
- 396
- Data center capacity mw initial
- 50
AI analysis
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