Wire · technology
Vertical Data Signs Definitive Purchase Agreement to Develop a Data Center in Central Sweden
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Fusion42 · 11 September 2026 · Fusion42 review
Vertical Data has signed a definitive purchase agreement to acquire an existing 4.5 MW industrial data center site in Central Sweden, with plans to apply for increasing power capacity up to 100 MW to develop a large-scale AI data center powered by renewable hydroelectricity.
This Wire brief sits within Fusion42's coverage of AI Infrastructure, and 2 sources have reported it.
◆ ◆ The Wire takeaway
You face an opening to use Sweden's renewable-powered grid for AI data centres. Acting quickly could secure subsidised power and local government support before capacity fills up.
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2 sources · 11 Sep 2026
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