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MGN: Magnora ASA's subsidiary Magnora Data Center ASA acquires operating data center in Oslo, expanding its metro Oslo platform
2026-10-20 08:45:23
20.10.2026 08:45:07 CEST | Magnora ASA | Non-regulatory press releases
The separately listed subsidiary of which Magnora ASA owns 52%, Magnora Data
Center ASA ("MDATA"), has acquired an operating data center in Oslo from an
international telecom operator. This is a part of its ongoing partnership with
Blix Group AS and the third site in MDATA's metro strategy: a network of
connected, urban centers in Oslo and around greater Oslo, located close to end
users and serving latency-sensitive and sovereign clouds.
MDATA will own 75% and Blix Group 25% of the facility. The data centre comprises
approximately 1,400 m2 with up to 2MW of IT load and may be easily upgraded to
meet the EN 50600 Availability Class 3 / Tier III standard.
The site is connected to existing fibre networks, giving low-latency access to
enterprises and end users across the Oslo region. Blix will connect the site to
its own fibre network, linking it with the other MDATA and Blix sites in Oslo.
Acquiring an existing data center provides short time to market and
cost-efficient upgrades for further project development. A district heating
off-taker is being evaluated for the full heat capacity and cooling, further
reducing its CO? footprint.
"This project strengthens our partnership with Blix Group and adds a new,
near-term deliverable to our Oslo data center pipeline. Taking over an operating
facility gives us a fast track to revenue. With up to 2 MW of capacity, strong
security and robust fibre connectivity, the site is well suited to serve
customers who need low latency, high availability, and their data kept in
Norway," says Erik Sneve, Chairman of Magnora Data Center ASA and CEO of Magnora
ASA.
CONTACTS
* Investor Relations, ir@magnoraasa.com
ABOUT MAGNORA ASA
Magnora ASA (OSE: MGN) is a developer of data center, wind, solar, and battery
projects, as well as a data center operator. Magnora has operations in Europe
and Africa through the portfolio companies Magnora Data Center ASA, Helios
Magnora Sol AS, Magnora Offshore Wind AS, Magnora Germany, Magnora Italy Srl.,
Magnora Solar PV UK, Magnora South Africa, and AGV. Magnora also has earn-out
revenues related to the former portfolio companies Helios Nordic Energy and
Evolar. Magnora is listed on the main list of the Oslo Stock Exchange under the
ticker MGN.
ATTACHMENTS
Download announcement as PDF.pdf -
https://kommunikasjon.ntb.no/ir-files/17847805/19111297/19208/Download%20announc
ement%20as%20PDF.pdf
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