DayOne Unveils Ambitious EUR 1.2 Billion Data Center in Finland

DayOne's Groundbreaking Data Center Initiative in Finland

In a significant move, DayOne, a leading global data center developer, has announced an ambitious investment totaling EUR 1.2 billion to establish a cutting-edge hyperscale data center in Finland. This substantial project, located in the city of Lahti, signals DayOne's deep commitment to enhancing both digital and economic growth in the region, marking a new era for Finland's technology landscape.

Transforming Industrial Spaces

Situated on a redeveloped industrial site in the Kiveriö neighborhood, the Lahti data center aims to establish a high-performance digital infrastructure. Spanning an impressive 98,901 square meters and with a total capacity of 128 megawatts (MW), the project’s first phase will focus on constructing a facility designed for 50 MW IT load. Although potential tenant negotiations are ongoing, construction is set to commence with site demolition expected in the third quarter of 2025, and operations projected to begin by 2027.

Commitment to Sustainability

DayOne's strategy places a strong emphasis on sustainability. The data center has been designed to minimize disruption to surrounding communities while adhering to goals for sustainable land use. Alongside pursuing LEED Gold certification or better, DayOne is collaborating with local engineering firms to harness Finland's naturally cool climate effectively. This approach not only enhances energy efficiency but also promotes sustainable operational practices.

Powering Local Economies

To further enhance local energy resilience, DayOne has established a partnership with Lahti Energy, with additional cooperation from the city of Lahti. This partnership aims to fortify the power grid and explore innovative strategies for reusing waste heat. The project reflects a commitment to compatibility with local sustainability initiatives, as DayOne has determined to connect its data center operations with the district heating system.

Job Creation and Economic Impact

The investment from DayOne is expected to significantly benefit Lahti’s digital economy while creating countless job opportunities. The Lahti project anticipates the initiation of 100 direct skilled jobs and the employment of approximately 1,000 construction workers during peak activities. This robust job creation represents a vital boost not only for Lahti but for the broader Finnish economy.

Leadership Vision

Jamie Khoo, CEO of DayOne Data Centers, commented on the strategic importance of Finland for their European expansion plans. She highlighted Finland's exceptional energy infrastructure, leadership in renewable energy, and skilled workforce as critical elements for success. Her dedication to investing in Lahti aligns seamlessly with the city's commitment to sustainability, as evidenced by its recognition as the European Green Capital in recent years.

Community Engagement and Education

DayOne's commitment extends beyond infrastructure; they plan to sign a Growth Partnership Agreement with local entities including the City of Lahti and LUT Universities. This initiative includes a financial commitment of EUR 2.5 million aimed at enhancing local ICT education and fostering talent development. This holistic approach aims to strengthen Lahti’s position as a hub for technology innovation and sustainability.

Looking Ahead

In addition to local partnerships, DayOne is actively engaged with Finnish authorities to ensure transparency and inclusion in their project. Building on their existing investments, including a prior collaboration with Hyperco on a data center in Kouvola, DayOne continues to expand its footprint throughout Europe, emphasizing sustainability and innovation.

DayOne operates with a commitment to creating resilient digital infrastructure across tier-one and emerging markets worldwide, including Singapore, Johor, and Tokyo. With the launch of this hyperscale data center in Lahti, the future looks promising for both DayOne and the Finnish digital economy.

Frequently Asked Questions

What is the main purpose of DayOne's investment in Lahti?

The investment aims to establish a sustainable hyperscale data center to enhance Finland's digital infrastructure and economy.

How much funding is allocated to the data center project?

DayOne's investment in the Lahti data center totals approximately EUR 1.2 billion.

When is construction expected to begin?

Construction is set to commence with site demolition in the third quarter of 2025.

What role does Lahti Energy play in this project?

Lahti Energy is collaborating with DayOne to improve local energy resilience and explore waste heat reutilization.

What commitments does DayOne have toward local education?

DayOne plans to invest EUR 2.5 million into local ICT education via partnerships with LUT Universities.

About The Author

Olivia Taylor here, a 26-year-old writer and financial advisor. After earning a degree in finance, I worked in the sector for years. I've always loved numbers and had a talent for simplifying difficult financial ideas so that anyone could understand. I wrote my first book because of this passion; it helps readers take charge of their financial futures by fusing real-life stories with useful financial advice.

Whether they are just beginning their careers, preparing for significant life events, or seeking to invest wisely, my goal with my writing is to enable people to make educated financial decisions. The foundation of my work is the conviction that security and freedom of the individual are largely determined by financial literacy. To further financial education, I run workshops and frequently write for financial blogs in addition to my books.

I like to travel, experience other cultures, and find inspiration in daily life when I'm not writing or examining market trends. My passion is utilizing sound financial practices to help people reach their financial objectives and lead the best lives possible.

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