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Norway-based colocation data center provider, Green Mountain, has announced that its expansion into the UK through the acquisition of an existing data center in Romford, East London.
For this transaction, Azrieli Group Ltd, Green Mountain parent company, has signed a Share Purchase Agreement with the seller for the acquisition of properties owned by Infinity SDC Ltd. in Romford, London. Through this acquisition, the data center site will be upgraded and re-branded as Green Mountain, becoming part of its operations.
“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,” said Tor Kristian Gyland, CEO of Green Mountain.
“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.”
The London property which includes an existing data center, also features an available adjacent land for further development. The site is already supported by 100% renewable energy, and based on the existing green power, the new Green Mountain London campus is capable of supporting up to 40MW of IT load with several existing UK enterprises as core tenants.
“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 center strategy,” said Danna Azrieli, Chairwoman of the Board of Directors and Eyal Henkin, CEO of the Azrieli Group.
As announced, the acquisition deal is expected to close before the end of the year, subject to certain conditions.
Green Mountain also recently announced the expansion of its existing data center facility at Rjukan in Norway with the addition of 4.5MW capacity.