EcoDataCenter Raises an Additional EUR 600 Million

EcoDataCenter, a data and digital infrastructure company, led by Peter Michelson, Mikael Svanfeldt, Johan Östlund, PJ Andersson, Amer Krupalija, Carl Romlin, Johan Rydmark, Annika Lidefelt, John Wernvik, and Fredrik Elmgren, has raised EUR 600 million in debt financing from Deutsche Bank Private Credit and Infrastructure. LionTree Advisors served as financial advisor, and White & Case LLP served as legal counsel to EcoDataCenter on the transaction.

EcoDataCenter is cementing its position as a European digital infrastructure leader, partnering with CoreWeave to build one of Europe’s largest AI clusters, acquiring the Kvarnsveden paper mill for added capacity, and securing EUR 1.8 billion in financing since 2023 to fuel major campus expansions in Falun and Borlänge.

Since opening its first Falun facility in 2019, EcoDataCenter has built a portfolio of compute-focused data centers, earning the trust of global leaders like BMW, DeepL, and CoreWeave through its combination of technological leadership and commitment to sustainability.