ECODATACENTERA Swedish company that builds ecological data centers used by the main computer suppliers to handle its AI traffic, has raised almost half a billion dollars, $ 478 million (€ 450 million) to be exact, in advance of more demand.
Capital financing, which comes from a group of unidentified institutional investors, will be used to continue developing new technologies for more “green” data centers and to build these structures.
The news occurs only two days after one of EDC’s main clients, the giant of the Coreweave, Presented for an opi In the United States.
EDC has now raised € 910 million ($ 966 million) in capital to date. Areim, the holding company that possesses it, refused to say what the company’s valuation is. The company confirmed that Spinning Out EDC is not on the cards.
“We are focused on Ecodatacenter Escalar and offer a long -term value, backed by the strong support of our investors,” said Robert Björk, Arsim investment manager and a member of the Ecodatacenter Board. “While we continually evaluate the strategic opportunities for the company, including possible future financing options, an OPI is not something we are actively following at this stage.”
The ecodatacenter approach has been to build data centers, specifically, placement spaces where customers bring some or all their own related servers and hardware, which are more sustainable. It is a timely effort: the investigation of the International Energy Agency He has demonstrated how hungry power can be the data centers.
The IAE has discovered that these data centers have 100 MW or more energy demands, “with an annual electricity consumption equivalent to the demand for electricity of around 350,000 to 400,000 electric cars.” The IAE also estimated that data centers collectively represent 1% of all world electricity consumption.
In that context, EDC is remarkable for not only helping to meet the apparently insatiable demand for calculation capacity, but for trying to do so ecologically, one that now influences others.
“We were the first company in the world to start building in what is called crossed laminated wood,” said Peter Michelson EDC CEO, in an interview. “Now, Microsoft is following.” EDC also uses renewable energy to feed its buildings, and continues to work on new approaches and materials for more efficient cooling and operations.
The other Ecodatacenter customers include DEPL and the so -called “hyperscalers”. The latest companies build their own data centers, but also carry balance when they take space in those built by third parties, such as EDC.
While it has several clients who extend outside technology such as BMW, EDC is perhaps better known as Coreweave’s partner. It is also the prominent accommodation provider for a project In collaboration with Coreweave and Nvidia to build the first Blackwell cluster in Europe, in the Swedish city of Falun, designed to provide more calculation capacity to Europe.
The size of EDC’s fundraising highlights how the valuable data centers, especially the placement centers that compensate for the important CAPEX spending for its customers, have become the current pump cycle for AI.
That is a global increase. The most notable, the United States announced in January Stargatea $ 500 billion project that USA. (The plan is only that at this point: announced days after Trump assumed the position, he served to bring home an idealized image of the new administration not only friendly for technology, but aggressively).
“There are many infrastructure capital floods in the data center space, since its real estate infrastructure is now more technology oriented,” Michelson said.
That real estate anchor could provide a clue on how the current administration, and particularly President Trump, whose professional life began in real estate, were sold in their own data center effort.