Green Mountain has acquired a data centre and land adjacent to the site in Romford, East London.
Azrieli Group, the parent company of Noway-based Green Mountain, signed a Share Purchase Agreement for the acquisition of the properties owned by Infinity SDC.
The site, currently capable of supporting up to 40MW of IT load, will be upgraded and re-branded as Green Mountain, and will be the company’s first site of operation outside of Norway.
According to Green Mountain, it has plans to expand service capacity while also modernising the facility to be in-line with its sustainability commitments. The site is already supported by 100% renewable energy.
Completion of the acquisition is subject to certain conditions and is expected to take place before the end of the year.
Tor Kristian Gyland, CEO of Green Mountain, commented: “We are very excited to expand our operations outside of Norway and this site is a perfect match for us. London is an extremely important data centre hub and a must-have location for many international companies. With this expansion, we can offer a broader portfolio of sites with immediately available green power, and serve clients who have capacity requirements or need to remain in the London area while still achieving their sustainability targets. This is a long-awaited request from both our current and prospective clients.”
Danna Azrieli, Chairwoman of the Board of Directors along with Eyal Henkin, CEO of the Azrieli Group, added, “We have strategically targeted the data centre industry as one of our main growth engines and are confident that the execution of this unique opportunity will set a new standard for sustainable colocation services in the UK. Our vision is to gradually expand our footprint in several International markets, and London is an ideal location to continue building our data centre strategy.”
CBRE represented Infinity SDC in its capacity as sole financial advisor.