CapMan Infra press release
28 April 2025 at 8:30 am EEST

CapMan Infra's data centre platform expands with acquisition of three high quality data centers in Sweden

CapMan Infra's data centre platform acquires three data centres from EcoDataCenter, two in Stockholm and one in Piteå, northeast Sweden. The three data centres provide an excellent strategic fit for CapMan Infra's northern European platform by allowing for growth opportunities in the Swedish market.

CapMan Infra's data centre platform, soon to be renamed to Kolo DC, has agreed to acquire two data centres in Stockholm and one in Piteå from EcoDataCenter. These facilities offer Tier 3 equivalent redundancy, high security, state-of-the-art infrastructure, and a clientele that includes blue-chip customers. They also feature sustainable solutions such as solar panels and connections to district heating networks for heat reuse and support for high performance computing (HPC) and AI workloads.

This is CapMan Infra's third investment in its growing northern European data centre platform providing European-wide connectivity. The platform currently operates data centres in the Netherlands and Denmark, and these new investments will mark an entry to the Swedish market, creating opportunities to accelerate growth in the region and attract a diverse range of international clients. The Piteå data centre, in particular, offers a cold climate, low total cost of ownership, and proximity to renewable energy sources, making it ideal for AI customers seeking sustainable and cost-effective solutions.

"We are very pleased to make this investment into three high-quality data centres and grow our data centre platform in Sweden, a market where we see vast potential. We look forward to continue developing the sites as part of our growing platform," says Harri Halonen, Partner at CapMan Infra.

"We believe we've found the ideal buyer in CapMan, a partner with a commitment to further develop these data centres and maximize the potential they have", shares Peter Michelson, CEO at EcoDataCenter.

"I am excited to welcome these three data centers into our expanding platform. Their advanced capabilities, particularly in supporting AI workloads, position us to serve a rapidly growing market demand. This strategic expansion strengthens our presence in the Nordic region and offers our existing and prospective clients cutting-edge infrastructure to advance their AI initiatives," says Maria Sundvall, CEO at CapMan Infra's Datacenter Platform.

The transaction is expected to be completed within the second quarter of 2025.

The CapMan Nordic Infrastructure II fund is an Article 8 fund with a clear sustainability strategy, aiming to create value by accelerating the green transition in its portfolio companies. The fund has already made six investments: two in its growing data centre platform, in solar energy company Skarta Energy, in Napier, a leading provider of transportation infrastructure for the aquaculture industry, in Haminan Energia's district heating and electricity network businesses and in ProPellet, a heat-as-a-service operator and bioenergy producer.

CapMan Infra is an active and committed owner, and its activities are based on the operational development and growth of infrastructure companies through additional investments. Based in Helsinki and Stockholm, its team of 15 professionals actively seeks to find the best possible solutions for developing and growing infrastructure together with asset owners, management, personnel and customers.

For more information:

Harri Halonen, Partner, CapMan Infra, +46 768 710 062

Maria Sundvall, CEO, Capman Infra's Datacenter Platform, +46 767 633 300

About CapMan

CapMan is a leading Nordic private asset expert with an active approach to value creation and €6.1 billion in assets under management. As one of the private equity pioneers in the Nordics we have developed hundreds of companies and assets creating significant value for over three decades. Our objective is to provide attractive returns and innovative solutions to investors by enabling change across our portfolio companies. An example of this is greenhouse gas reduction targets that we have set under the Science Based Targets initiative in line with the 1.5°C scenario and our commitment to net-zero GHG emissions by 2040. We have a broad presence in the unlisted market through our local and specialised teams. Our investment strategies cover real estate and infrastructure assets, natural capital and minority and majority investments in portfolio companies. We also provide wealth management solutions. Altogether, CapMan employs around 200 professionals in Helsinki, Jyväskylä, Stockholm, Copenhagen, Oslo, London and Luxembourg. We are listed on Nasdaq Helsinki since 2001. www.capman.com

About EcoDataCenter

EcoDataCenter is a Swedish company dedicated to providing sustainable and high-performance data center solutions. In 2019, EcoDataCenter opened its first data center, combining cutting-edge technology with a commitment to environmental responsibility, establishing itself as a leader in sustainable data center operations. For more information, visit https://ecodatacenter.tech/