Skip to content
Thursday, October 29, 2026 · Today’s edition, 6:30 a.m. ETThu, Oct 29 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Magnora Data Center buys 2MW operating data center in Oslo from telecom operator

Magnora DC holds 75% of the facility and Blix Group 25%, with terms undisclosed and an upgrade path to Tier III.

At a glance

  1. The deal adds up to 2MW of IT load across roughly 1,400 sqm (15,070 sq ft) to its Norwegian portfolio.
  2. Magnora describes the acquisition as the third site in a metro strategy aimed at a network of connected urban facilities in and around the capital.
  3. Blix will connect the new site to its fiber network, linking it with other Magnora DC and Blix sites in Oslo.

Magnora Data Center has acquired an operating data center in Oslo from an international telecom operator, Data Center Dynamics reported this week. The deal adds up to 2MW of IT load across roughly 1,400 sqm (15,070 sq ft) to its Norwegian portfolio. The seller and purchase price were not disclosed.

Magnora DC holds 75% of the facility and Blix Group the remaining 25%. That differs from the 50:50 joint venture the pair agreed in August, when they also bought a commercial property near Oslo to develop into an AI data center. Magnora describes the acquisition as the third site in a metro strategy aimed at a network of connected urban facilities in and around the capital.

Blix will connect the new site to its fiber network, linking it with other Magnora DC and Blix sites in Oslo. Magnora said a district heating off-taker for the newly acquired site is being evaluated.

The facility may be "easily upgraded" to the EN 50600 Availability Class 3 / Tier III standard, according to the report. "Taking over an operating facility gives us a fast track to revenue," said Erik Sneve, chairman of Magnora Data Center, adding that the site is suited to customers needing low latency, high availability and data kept in Norway.

Magnora has one live facility in Norway and several more in development across Norway, Estonia, Finland and Italy. The data center unit went public on Euronext Oslo in June. Development-stage capacity depends on firm grid connections and local consent.

Reported by the Data centers & fiber desk from Data Center Dynamics. Published . Corrections

Related

Infrastructure

Magnora's Estonian bet: half a campus, all of the power position

A 50 percent stake with a call on another 25 points buys optionality on capacity rather than an obligation to fill it.

Infrastructure

At Hämeenlinna, the grid deal is the data center

Magnora's revised capacity at the Finnish campus shows the scarce asset in the Nordic buildout is a firm grid connection.

Infrastructure

Tata Communications plans $450 million India fiber build

The first of three phases runs the Mumbai-Pune-Hyderabad-Chennai corridor, a route Tata describes as key to Indian AI and hyperscale growth.

Infrastructure

Vertiv Q3 sales rise 61% and orders double

The power and cooling supplier lifted its 2026 sales guidance to $14.45 billion to $14.85 billion.

Infrastructure

CMS Energy expects Michigan data center permitting progress after midterms

Consumers Energy has energized 450 MW of the 745 MW in signed large-load contracts, with the Microsoft project not among them.

Private Infrastructure Dailyfrom Private Wealth Daily

Energy transition, digital infrastructure and core-plus funds. Daily at 7:25 a.m. ET.

Free. Every morning. Unsubscribe from any edition in one click.

From other sections