T1 Giga Arctic Data Center Conversion

T1 Energy received local approval to convert part of its Giga Arctic industrial campus in Mo i Rana into a data center. The company expects a 50 MW facility could operate in 2027 and holds a longer-term position for 396 MW in the grid queue. T1 Energy is associated with the development in Mo i Rana, Rana Municipality, Nordland, NO. The disclosed development scope includes 50 MW initial planned data center; rezoning approved; 396 MW grid-queue position. Power and physical infrastructure include brownfield industrial building with hydropower access and a grid-queue position. T1 expects that a 50 MW data center could be operational in 2027.