Bitdeer has signed a 16-year colocation lease and services agreement for 121MW of AI and high-performance computing capacity at its Tydal data centre campus in Norway.<\/p>\n\n\n\n
The agreement, signed through subsidiary Tydal Data Center AS with Volta Tydal AS, represents approximately US$4.7 billion in contracted revenue over the initial term. An eight-year renewal option could increase the total contract value to around US$8 billion over 24 years.<\/p>\n\n\n\n
Volta\u2019s customer will be a leading AI lab, while Dell Technologies will serve as technology provider. The entire 121MW IT load will be configured to run NVIDIA GPUs.<\/p>\n\n\n\n
The facility will be supported by an estimated 133MW of gross capacity and powered entirely by renewable energy. Bitdeer expects the data centre to achieve a power usage effectiveness rating of approximately 1.1.<\/p>\n\n\n\n
Delivery is planned in two equal phases across four data halls. Phase one is targeted to commence on December 31, 2026, followed by phase two on March 31, 2027.<\/p>\n\n\n\n
Bitdeer is also developing two additional data halls providing 47MW of gross capacity for future AI and HPC workloads during the second half of 2027.<\/p>\n\n\n\n
Michael G. Potter, Chief Financial Officer, Bitdeer Technologies, said the agreement marked \u201ca key milestone in Bitdeer\u2019s evolution as a global AI infrastructure platform\u201d.<\/p>\n\n\n\n
The company said the project would combine NVIDIA GPU technology with Norway\u2019s reliable renewable power resources, supporting its ambition to establish the country as a major European destination for sustainable AI computing and strengthen Europe’s rapidly expanding infrastructure for advanced artificial intelligence workloads.<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitdeer has signed a 16-year colocation lease and services agreement for 121MW of AI and high-performance computing capacity at its Tydal data centre campus in Norway. The agreement, signed through subsidiary Tydal Data Center AS with Volta Tydal AS, represents approximately US$4.7 billion in contracted revenue over the initial term. An eight-year renewal option could […]<\/p>\n","protected":false},"author":58,"featured_media":170756,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[21064,55,476,93],"tags":[22787,19517,26472,3855,26473,11560,26469,25598,400,11345,26470,26471],"class_list":["post-170755","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ai","category-data-centres","category-nordic","category-top-stories","tag-ai-data-centres","tag-ai-infrastructure","tag-bitdeer","tag-dell-technologies","tag-european-ai","tag-hpc","tag-norway-data-centre","tag-nvidia-gpus","tag-renewable-energy","tag-sustainable-data-centres","tag-tydal-data-center","tag-volta"],"acf":[],"publishpress_future_workflow_manual_trigger":{"enabledWorkflows":[]},"_links":{"self":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/170755","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/comments?post=170755"}],"version-history":[{"count":1,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/170755\/revisions"}],"predecessor-version":[{"id":170757,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/posts\/170755\/revisions\/170757"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media\/170756"}],"wp:attachment":[{"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/media?parent=170755"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/categories?post=170755"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.intelligentcio.com\/eu\/wp-json\/wp\/v2\/tags?post=170755"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}