$300 Million Data Center for Iceland
February 27th, 2008 By: Rich Miller
Iceland’s efforts to establish itself as a hub for green data centers has brought its first major project, as Verne Holdings has announced plans for a $306 million data center near Keflav”k International Airport, the country’s main airport. Verne Holdings, a joint venture by General Catalyst and Novator, said yesterday that it had signed agreements with National Energy Company Landsvirkjun, Farice and Keflav”k Airport Development Corporation (KADECO) to secure power, fiber, land and facility for the data center.
The facility is scheduled to open for business in 2009 and create about 100 jobs. Bj