Telenor and Hafslund Partner to Establish Sustainable Data Centre Company in Oslo

Telenor and Hafslund Partner to Establish Sustainable Data Centre Company in Oslo

Telenor, Norway’s telecommunications operator, and Hafslund, one of Norway’s largest energy and infrastructure groups, have announced a strategic partnership to establish a state-of-the-art data centre company in Oslo. This joint venture comes at a time when the criteria for security and sustainability are tightening, coinciding with Norway’s rapid digitisation.

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Focus on Security and Sustainability

According to the statement, the new company, in collaboration with HitecVision, an energy company developer, and Analysys Mason, a leading telecom, media, and technology consulting agency, will focus on building secure and energy-efficient data centres in the Oslo area.

“Data centres are, in many ways, the digital heart of any business. This is where the data flows to and from, which involves high quality, security, and energy efficiency requirements. Together with Hafslund and partners, we will now establish Norway’s most secure commercial data centre operator, with a strong focus on sustainable solutions,” said Telenor.

Partnership with HitecVision and Analysys Mason

The partnership combines Telenor’s unique position as a leading telecoms operator with Hafslund’s expertise in energy and infrastructure. HitecVision’s investment in developing energy companies and Analysys Mason’s telecom consulting experience further strengthens the collaboration. Together, they aim to provide concrete solutions to customers who require a secure and energy-efficient location to store critical data that is essential to society.

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Joint Ownership

The investment will contribute to establishing more Norwegian data centres, offering the possibility for digital services to be produced within the country’s borders. This increased control and safeguarding of critical functions will enhance national security interests. The new company will be jointly owned by Telenor (31.7 percent), Hafslund (31.7 percent), HitecVision (31.7 percent), and Analysys Mason in Norway (5.0 percent).