Sweden’s Conapto has broken ground on a new data center in Stockholm.
The data center firm, together with real estate company Fastpartner, has signed an agreement for the development of a 10,000 sqm (107,650 sq ft) data center property in southern Stockholm.
When fully developed, the Stockholm 4 site will support an 8,000 sqm (86,100 sq ft) data center and 24 MW power; Phase 1 will be a 4,000 sqm (43,000 sq ft) two-story data center. Ground has been broken and phase 1 is set to go live in October 2023.
This will be the company’s fourth lfacility in Stockholm.
“A milestone in Conapto’s history where we continue to develop our offering around sustainable, secure and flexible colocation in Stockholm. With this expansion, we can offer one of the largest data center campuses on the south side with a total capacity of 24MW and 10,000 sqm of data center space. Add our focus to 10 percent renewable energy, heat recovery to district heating network, and high security with protection class 3 and we have a very attractive offer for both Swedish and international companies that need data center capacity in Stockholm,” said Håkan Björklund, CEO of Conapto.
The company said the new facility will be powered with 100 percent renewable energy via Vattenfall 24/7 matching and connected to district heating networks.
Peter Sivengård, Head of Open District Heating and Stockholm Data Parks at Stockholm Exergi, said: “We are constantly looking for new opportunities to improve the energy efficiency of Stockholm. In this search, heat recovery is one of the most powerful tools. I am very happy that we together with Conapto are planning to expand our cooperation regarding heat recovery so that it also includes the new data center.”
Fastpartner owns and manages properties in Sweden across Stockholm, Mälardalen, Gävle, Norrköping, Gothenburg, and Malmö.
“Fastpartner is really looking forward to, together with Conapto, developing this property into something very special. This is the second time we are investing in a data center project and what really got us interested in this project is the environmental aspects. The real estate industry has for many years worked with sustainability issues, but here we can concretely be involved and add something,, as we- with heat recovery - will be able to heat about 8000 homes in the area. This, in addition to the fact that the data center industry is growing strongly, makes this one of our most exciting projects.” added Sven-Olof Johansson, CEO and owner of Fastpartner.
The Conapto business has roots back in 1982, when it was founded as Backupcentralen, which Sungard Availability Services bought in 2002. Sungard AS sold off its Swedish subsidiary to Segulah Fund V in 2018, which founded Conapto. European investment fund Marguerite acquired the company last year.