Skip to content
CARTIS

Nscale Narvik AI Campus

Kvandal / Narvik, NorwayUnder construction
Evidence
Planned / design
290 MW
Updated
Oct 28, 2026
Utility
Vattenfall

On September 29, 2026, Norway's NVE issued a corrective order and warning of a possible coercive fine, requiring Nscale to provide a heat-reuse analysis by November 15. The notice is not a stop-work order, cancellation or confirmation that a fine has already been levied. Nscale is building a 230-MW AI campus at Kvandal near Narvik, now anchored by Microsoft after the development's earlier Stargate Norway launch with OpenAI and Aker. Nscale Narvik AI Campus is in Kvandal / Narvik, NO and is a data center campus with construction status.

Capacity

Designed power capacity

Planned / design or future potential

230 MW

Source

Potential expansion capacity

Planned / design or future potential

290 MW

Source

Microsoft GPU deployment

Reported rounded

52,000 NVIDIA GB300 GPUs

Compute quantity or benchmark; not power capacity

Source

Microsoft rubin GPU addition

Source report

30,000 NVIDIA Rubin GPUs

Compute quantity or benchmark; not power capacity

Source

Operating IT capacity: Not established in published records

A missing figure does not mean zero. Planned, utility and generation figures are not operating IT capacity.

Development

Historical Stargate Norway launchAnnounced or preconstruction

July 2025 launch with OpenAI and expected 50/50 Nscale/Aker JV.

Initial 230-MW campusUnder construction

Current Microsoft-anchored development; GPU rollout spans 2026–2027 descriptions.

Potential additional 290 MWAnnounced or preconstruction

Potential 290-MW expansion beyond the initial 230-MW campus.

Milestones (8)
Nscale, Aker and OpenAI launch Stargate Norway

Jul 31, 2025 · Recorded actual event

Completed · Announced

Source not linked
Nscale announces approximately 52,000 GB300 GPUs for Microsoft

Oct 15, 2025 · Recorded actual event

Completed · Customer commitment

Source not linked
Aker discloses $6.2B Microsoft customer contract

Mar 16, 2026 · Recorded actual event

Completed · Customer commitment

Source not linked
Nscale presents Narvik as Microsoft-anchored campus after Aker roll-up

Apr 14, 2026 · Recorded actual event

Completed · Status changed

Source not linked
$790M committed financing announced

May 11, 2026 · Recorded actual event

Completed · Financing

Source not linked
Vattenfall PPA announced for 2027–2031

May 26, 2026 · Recorded actual event

Completed · Customer commitment

Source not linked
Nscale and Nordkraft form Nordscale Operations

Jul 6, 2026 · Recorded actual event

Completed · Status changed

Source not linked
Customer service and Rubin deployment targeted in 2027

2027 · Forecast / planned record

Forecast · Forecast completion

Source not linked

Participants

Aker ASA

Investor

Sources by role
Investor (1)
Investor (1)
Microsoft

Customer

Sources by role
Customer (1)
Customer (1)
Nordkraft AS

Investor

Sources by role
Investor (1)
Nordscale Operations AS

Operator

Sources by role
Operator (1)
Nscale

Developer

Sources by role
Developer (1)
Developer (1)
Other participants (1)
Vattenfall

Utility provider

Sources by role
Utility provider (1)

Capital & incentives

Capital claims and financing records may overlap. Their amounts are not added together.

Capital claims

Customer contract value

Actual

$6.20 billions

Source

Financing records

Equity investment

$1bn

Jul 31, 2025

Initial 20-MW historical Stargate phase; includes more than $250M sponsor equity in aggregate, equally funded by Nscale and Aker.

Parties & sources

Aker ASA (Sponsor) · Nscale (Sponsor)

Sources (1)

Debt financing

$790m

May 11, 2026

Committed financing from ABN AMRO, DNB, Eksfin, Nordea and SEB for the Norway campus.

Parties & sources

ABN AMRO (Lender) · DNB (Lender) · Export Finance Norway (Eksfin) (Other) · Nordea (Lender) · SEB (Lender)

Sources (1)

Debt financing

$790m

May 11, 2026

Uncommitted option for a further 115 MW; must not be treated as funded or added to committed debt.

Parties & sources

Nscale (Borrower)

Sources (1)

Additional project facts

Branding status

Actual

Stargate Norway branding dropped; campus presented as Nscale Narvik

Source

Operations timing

Source report

Service/operations targeted for 2027

Source

Infrastructure & permits

Technical details (3)
Renewable energy supply

Secured or contracted

Long-term renewable PPA for first phase; contracted volume not disclosed.

Closed loop cooling

Planned or represented

Closed-loop liquid cooling described at launch.

Heat reuse

Planned or represented

Waste heat reuse is part of campus sustainability design; recipient/offtake arrangement remains open.

Public-source research. Plans may change. See Evidence for sources and qualifications.