Bulk Infrastructure Holding, a data center, fiber network developer and operator, and logistics real estate developer in the Nordic region, has partnered with real estate investment manager BentallGreenOak (BGO).
BGO has committed NOK 1.5 billion ($172 million) to support the growth of Bulk Infrastructure’s core lines of business, joining major shareholders Bulk Industrier and Geveran in securing capital for the company’s expansion. BGO and existing shareholders will make a series of capital injections starting in January 2021.
The partners are planning to invest in the development of Bulk Infrastructure’s 3 million-square-meter (32.2 million-square-foot) N01 Data Center Campus in south Norway. N01 Campus is on track to become the world’s largest data center campus powered by 100 percent renewable energy. N01 provides access to Bulk Infrastructure’s recently completed Havfrue fiber cable, the first trans-Atlantic subsea cable system into the Nordics in almost
