Press release -
AI wave leads to datacenter frame agreement
Because of the AI wave and the growing need for big data capacity, GlobalConnect is gearing up for heavy investments in datacenters with a Nordic Frame Agreement with Coromatic – a large contractor within datacenter construction work.
“The growth in demand for datacenter capacity is beyond everyone’s expectations. AI is the main driver of this growth. We are focused on making sure we’re ahead of the curve and ready for our customers when they come to us with AI workloads. We already have approximately 50MW of IT capacity across the Nordics, either installed or ready for development. And we have extended our offering to include sustainable cooling technologies and power densities suitable for AI. This is the main reason why we now have signed a large Nordic frame agreement with Coromatic enabling us to increase the pace of capacity growth with efficient turnkey builds and other projects,” Luke Davies, Head of Datacenters in GlobalConnect says.
He emphasizes that the agreement covers both continuous expansion of GlobalConnect’s existing datacenters and building of capacity in new centers.
Coromatic also sees great opportunities with the new frame agreement with GlobalConnect:
“I am proud and delighted that Coromatic has been selected by GlobalConnect for this partnership. This is a very exciting development that we are exploring. AI is the greatest resource of our time, but we must not be blind to the challenges posed by the increased demand for capacity. That’s why it’s important for us to work with GlobalConnect to contribute to a sustainable, secure, and efficient data industry,” Kurt Vahlun Sørensen, Managing Director Coromatic says.
GlobalConnect’s datacenter expansions will be built close to major Nordic cities mainly for sustainability and connectivity reasons, Luke Davies says:
“New sites will be established closed to district heating plants where the heat from datacenters can be re-used. We give the heat away for free in Taastrup, Copenhagen. The new centers will also be energy efficient and provide the population with better connectivity.”
The frame agreement between GlobalConnect and Coromatic is a three-year agreement.
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About GlobalConnect
GlobalConnect is one of the leading digital infrastructure and data communication providers in the Nordics, driving more than half of all data traffic in and out of the region. GlobalConnect delivers fiber-based broadband services to more than 830,000 private consumers and end-to-end connectivity solutions to 30,000 B2B customers via its 215,000 kilometers fiber network across Denmark, Norway, Sweden, Germany and Finland. GlobalConnect employs approximately 2,000 people and had a turnover of SEK 7.6 billion in 2023.
