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Home > Data Center > ESIF acquired a majority stake in Lefdal Mine Datacenter

ESIF acquired a majority stake in Lefdal Mine Datacenter

The Columbia Threadneedle European Sustainable Infrastructure Fund announces that it has acquired a majority stake in Lefdal Mine Datacenter.

Erdem Yasar by Erdem Yasar
May 8, 2020
in Data Center
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The Columbia Threadneedle European Sustainable Infrastructure Fund (ESIF) has acquired a majority stake in a unique ‘green’ data center based in an underground mine in Norway. Lefdal Mine Datacenter uses cold seawater from an adjacent fjord for cooling and renewable energy and it is operational since 2017. The data center boasts 75 underground halls with currently 10 MW in operation, the data center has the potential to expand to 200 MW.

World-leading data center

Jørn Skaane, CEO Lefdal Mining Datacenter
Jørn Skaane, CEO Lefdal Mining Datacenter

German industrial family business, Friedhelm Loh Group’s subsidiary, Rittal will remain a minority shareholder. The company also noted that the data center’s cost base is stable and the data center capacity can be built out on a modular basis as and when required. Jørn Skaane, CEO Lefdal Mining Datacenter said,

“With its 10 megawatts of installed capacity, Lefdal Mine Datacenter has been in the early stages of developing the facility into a world-leading data center. With ESIF coming in as a shareholder together with Rittal, the stage has been set for building out and operating large customer requirements. At Lefdal Mine Datacenter, customers do not have to worry about limitations in future capacity due to the size of our facility and access to high quantities of renewable power and cooling.”

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Tags: Lefdal Mining Datacenter
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Erdem Yasar

Erdem Yasar

Erdem Yasar is a news editor at Cloud7 News. Erdem started his career by writing video game reviews in 2007 for PC World magazine while he was studying computer engineering. In the following years, he focused on software development with various programming languages. After his graduation, he continued to work as an editor for several major tech-related websites and magazines. During the 2010s, Erdem Yasar shifted his focus to cloud computing, hosting, and data centers as they were becoming more popular topics in the tech industry. Erdem Yasar also worked with various industry-leading tech companies as a content creator by writing blog posts and other articles. Prior to his role at Cloud7 News, Erdem was the managing editor of T3 Magazine.

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