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Cartis diligence evidence schedule

EcoDataCenter Falun Campus

PRJ-0022 · Site · Falun / Ingarvet, W, Sweden

Record last updated Oct 28, 2026

Scope and capacity

EcoDataCenter's 2025 annual report states that buildings C and D at Falun were completed and commissioned, with reported site capacity of 41 MW at year-end 2025; the report does not establish that figure as IT load. Construction of buildings E and F began in 2025, with F forecast for Q3 2026 and E for the end of Q4 2026; the report's 65 MW figure is the expected total after both are completed, not confirmed current capacity. EcoDataCenter's Falun main site is an operating Nordic data-center campus with heat recovery and renewable power access. The expansion announced in 2023 produced two additional wooden data-center buildings and previously carried a 45 MW site target. The later annual-report figures should not be treated as proof that the E/F expansion has opened.

Headline: 80 MW Utility capacity

Numbers refer to their stated physical boundaries and are not added together. Source dates, claim dates and record updates have different meanings. Missing dates and locators are not inferred.

Operational status · Operating

Actual · EcoDataCenter Falun Campus (Project)

Claim 3038 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. Why wood works for data centers

    EcoDataCenter · Document date: Oct 1, 2025 · Corroborating

    Source reference: SRC-0162 · News report · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/why-wood-works-for-data-centers-3405816

  2. EcoDataCenter 1 – Main Site Falun

    EcoDataCenter · Document date: Not stated · Primary

    Source reference: SRC-0154 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/data-centers/eco-data-center-1

Site address · Slaggvarpsvägen 21, 791 77 Falun

Actual · EcoDataCenter Falun Campus (Project)

Claim 3039 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. EcoDataCenter 1 – Main Site Falun

    EcoDataCenter · Document date: Not stated · Primary

    Source reference: SRC-0154 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/data-centers/eco-data-center-1

Opening year · 2019

Actual · Original Falun campus (Phase)

Claim 3040 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. EcoDataCenter 1 – Main Site Falun

    EcoDataCenter · Document date: Not stated · Primary

    Source reference: SRC-0154 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/data-centers/eco-data-center-1

Operational building count · 4 buildings

Actual · EcoDataCenter Falun Campus (Project)

Claim 3041 · Recorded claim type: Actual · Review: Approved · Claim date: Oct 1, 2025

  1. Why wood works for data centers

    EcoDataCenter · Document date: Oct 1, 2025 · Primary

    Source reference: SRC-0162 · News report · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/why-wood-works-for-data-centers-3405816

Built building count · 2 buildings

Actual · 2023 Falun expansion (Phase)

Claim 3042 · Recorded claim type: Actual · Review: Approved · Claim date: Oct 1, 2025

  1. Why wood works for data centers

    EcoDataCenter · Document date: Oct 1, 2025 · Primary

    Source reference: SRC-0162 · News report · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/why-wood-works-for-data-centers-3405816

Utility service capacity · 80 MW

Actual · EcoDataCenter Falun Campus (Project)

Claim 3043 · Recorded claim type: Actual · Review: Approved · Claim date: Feb 23, 2022

Headline treatment: Selected headline

  1. EcoDataCenter in Falun secures a future power supply of 80 MW from renewable sources

    EcoDataCenter · Document date: Feb 23, 2022 · Primary

    Source reference: SRC-0155 · Company announcement · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/ecodatacenter-in-falun-secures-a-future-power-supply-of-80-mw-from-renewable-sources-3229138

Expansion investment · €200,000,000

Transaction scope · 2023 Falun expansion (Phase)

Claim 3045 · Recorded claim type: Transaction scope · Review: Approved · Claim date: Nov 27, 2023

  1. EcoDataCenter will more than double the capacity at EcoDataCenter 1 in Sweden

    EcoDataCenter · Document date: Nov 27, 2023 · Primary

    Source reference: SRC-0156 · Company announcement · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/ecodatacenter-will-more-than-double-the-capacity-at-ecodatacenter-1-in-sweden-3288868

Primary structure · Engineered timber / wood

Actual · 2023 Falun expansion (Phase)

Claim 3048 · Recorded claim type: Actual · Review: Approved · Claim date: Oct 1, 2025

  1. Why wood works for data centers

    EcoDataCenter · Document date: Oct 1, 2025 · Primary

    Source reference: SRC-0162 · News report · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/why-wood-works-for-data-centers-3405816

Heat recovery · Surplus heat supports district/pellet production

Actual · EcoDataCenter Falun Campus (Project)

Claim 3049 · Recorded claim type: Actual · Review: Approved · Claim date: Not stated

  1. NIB finances data centres in Sweden

    Nordic Investment Bank · Document date: Jul 10, 2024 · Corroborating

    Source reference: SRC-6699 · Company announcement · Recorded authority: Party primary

    Source URL

    https://www.nib.int/news/nib-finances-data-centres-in-sweden

  2. EcoDataCenter in Falun secures a future power supply of 80 MW from renewable sources

    EcoDataCenter · Document date: Feb 23, 2022 · Corroborating

    Source reference: SRC-0155 · Company announcement · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/ecodatacenter-in-falun-secures-a-future-power-supply-of-80-mw-from-renewable-sources-3229138

  3. EcoDataCenter 1 – Main Site Falun

    EcoDataCenter · Document date: Not stated · Primary

    Source reference: SRC-0154 · Fact sheet · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/data-centers/eco-data-center-1

Customer deployment · CoreWeave AI cloud with thousands of NVIDIA Blackwell GPUs

Actual · CoreWeave AI deployment (Phase)

Claim 3050 · Recorded claim type: Actual · Review: Approved · Claim date: Aug 28, 2024

  1. EcoDataCenter brings the world's most advanced AI technology to Sweden

    EcoDataCenter · Document date: Aug 28, 2024 · Primary

    Source reference: SRC-0158 · Company announcement · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/ecodatacenter-brings-the-worlds-most-advanced-ai-technology-to-sweden-3339095

Network upgrade · Arelion PoP with 400G/800G coherent optics

Actual · EcoDataCenter Falun Campus (Project)

Claim 3051 · Recorded claim type: Actual · Review: Approved · Claim date: Jun 24, 2025

  1. Arelion connects EcoDataCenter to its Nordic AI superhighway

    EcoDataCenter · Document date: Jun 24, 2025 · Primary

    Source reference: SRC-0159 · Company announcement · Recorded authority: Party primary

    Source URL

    https://ecodatacenter.tech/press/arelion-connects-ecodatacenter-to-its-nordic-ai-superhighway-3393205

Counterparties and capital

Areim · Owner · CMP-0094

Areim DC Fund · Owner · CMP-0095

Arelion · Operator · CMP-0100

CoreWeave · Customer · CMP-0099

EcoDataCenter · Operator · CMP-0093

Ellevio · Utility provider · CMP-0097

Falu Energi & Vatten · Supplier · CMP-0096

Falu kommun · Landowner · CMP-0098

Investment commitment

€200,000,000 · Nov 27, 2023

EcoDataCenter 1 Falun expansion announcement.

EcoDataCenter (Sponsor) · EcoDataCenter (Sponsor and borrower context)

Sources (1)

Financing record 21; claim-specific source links appear in the exhibit sources where published.

Equity investment

€450,000,000 · Mar 5, 2025

Areim DC Fund level; growth capital for EcoDataCenter, not Falun-only.

Areim (Adviser) · Areim DC Fund (Other) · Areim DC Fund (Capital vehicle)

Sources (1)

Financing record 23; claim-specific source links appear in the exhibit sources where published.

Debt financing

€600,000,000 · Sep 9, 2025

Primarily Falun and Borlänge; no site allocation, so amount is contextual for Falun.

Deutsche Bank Private Credit and Infrastructure (Lender) · EcoDataCenter (Borrower)

Sources (1)

Financing record 22; claim-specific source links appear in the exhibit sources where published.

This schedule captures public Cartis research. It is not a title, lien or legal-opinion report. Document page/section locators and claim review timestamps are included only when published; this version has no separate locator or claim-review-time feed.