{"id":35208,"date":"2025-03-31T18:19:00","date_gmt":"2025-03-31T18:19:00","guid":{"rendered":"https:\/\/www.prnasia.com\/story\/archive\/4653843_AE53843_0"},"modified":"2025-03-31T18:19:00","modified_gmt":"2025-03-31T18:19:00","slug":"edgnex-data-centers-by-damac-confirms-strategic-partnership-with-nordic-data-center-developer-hyperco","status":"publish","type":"post","link":"https:\/\/transmediavictoria.net.au\/?p=35208","title":{"rendered":"EDGNEX Data Centers by DAMAC Confirms Strategic Partnership with Nordic Data Center Developer Hyperco"},"content":{"rendered":"<table name=\"logo_release\" border=\"0\" cellspacing=\"10\" cellpadding=\"5\" align=\"right\">\n<tbody>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mma.prnasia.com\/media2\/2654298\/EDGNEX_Logo.jpg?p=medium600\" border=\"0\" alt title=\"logo\" hspace=\"0\" vspace=\"0\" width=\"118\"><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<ul type=\"disc\">\n<li><i>New acquisition in&nbsp;Nordics is part of the company&#8217;s ambitious European and global expansion plan.<\/i><\/li>\n<li><i>The acquisition is expected to strengthen the expansion of the&nbsp;Hyperco brand further by adding significant growth capital to deliver significant future capacity in the Nordics <\/i><\/li>\n<\/ul>\n<p><span class=\"legendSpanClass\"><span class=\"xn-location\">DUBAI<\/span>, UAE<\/span>, <span class=\"legendSpanClass\"><span class=\"xn-chron\">April 1, 2025<\/span><\/span> \/PRNewswire\/ &#8212; EDGNEX Data Centers by DAMAC, the digital infrastructure platform of the <span class=\"xn-location\">Dubai<\/span>-headquartered DAMAC Group, has confirmed the acquisition of <span class=\"xn-location\">Finland<\/span>-founded data center company, Hyperco. Aligned with its vision to deliver next-generation, sustainable digital infrastructure globally, the move underscores the Group&#8217;s commitment to strengthening its presence in the European market and contributing to the region&#8217;s evolving data center landscape, creating new jobs and promoting economic development.<\/p>\n<p>Hyperco&#8217;s operations are focused on <span class=\"xn-location\">Finland<\/span> and <span class=\"xn-location\">Sweden<\/span>, leveraging the Nordic region&#8217;s sustainable energy resources, mature digital ecosystems, and high connectivity. All three Hyperco founders, together with the team, will continue to steer the company forward during the next growth phase.<\/p>\n<p><b><span class=\"xn-person\">Hussain Sajwani<\/span>, Founder of DAMAC Group said:<\/b>&nbsp;<i>&#8220;This acquisition aligns with our vision to develop strong partnerships, invest, and build scalable, world-class digital infrastructure. Hyperco brings a great team, deep market expertise, and a shared commitment to innovation, which will drive our success in the region. We plan to build a significant future capacity in the Nordics and establish a strong foothold in the market.&#8221;<\/i><\/p>\n<p><b><span class=\"xn-person\">Aleksi Taipale<\/span>, Co-founder and CEO of Hyperco adds<\/b><i>: &#8220;This marks an exciting new chapter for Hyperco. Joining forces with EDGNEX and DAMAC Group empowers us to accelerate our mission of delivering large-scale, sustainable data center infrastructure tailored for hyperscalers and AI-driven workloads. With our established footprint in <span class=\"xn-location\">Finland<\/span> and <span class=\"xn-location\">Sweden<\/span>, access to low-carbon energy, and focus on scalability, we are well-positioned to meet the growing digital demands of the region and beyond.&#8221;<\/i><\/p>\n<p>Since its launch in 2021, EDGNEX has grown its presence globally. Backed by over 100+ seasoned professionals, the company is on track to deliver 55 MW in the <span class=\"xn-location\">Middle East<\/span> by 2025, with a projected global capacity exceeding 3,000 MW. EDGNEX is targeting 300+ MW of operational capacity by 2026, supported by a robust investment pipeline of over <span class=\"xn-money\">$3 billion<\/span>, including key Southeast Asian markets.<\/p>\n<p>EDGNEX&#8217;s recent European activities include a \u20ac150 million joint venture in <span class=\"xn-location\">Greece<\/span> with Public Power Corporation (PPC) to develop up to 25 MW and a \u20ac400 million commitment to build a 40 MW data center in <span class=\"xn-location\">Madrid, Spain<\/span>. Earlier this year, EDGNEX also announced <span class=\"xn-money\">$20 billion<\/span> of foreign investment in building state-of-the-art data centres in the <span class=\"xn-location\">USA<\/span>.<\/p>\n<p><b>About EDGNEX<\/b><\/p>\n<p>EDGNEX is a global digital infrastructure company headquartered in <span class=\"xn-location\">Dubai, United Arab Emirates<\/span>. It is a wholly owned subsidiary of the DAMAC Group, providing a foundation for local innovation across the globe and disrupting the data center market with new speed and agility. EDGNEX proactively builds, buys, or partners to serve the next wave of demand for data center services. <a href=\"https:\/\/www.edgnex.com\/\" target=\"_blank\" rel=\"nofollow noopener\">www.edgnex.com<\/a>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>New acquisition in&nbsp;Nordics is part of the company&#8217;s ambitious European and global expansion plan. The acquisition is expected to strengthen the expansion of the&nbsp;Hyperco brand further by adding significant growth capital to deliver significant future capacity in the Nordics DUBAI, UAE, April 1, 2025 \/PRNewswire\/ &#8212; EDGNEX Data Centers by DAMAC, the digital infrastructure platform [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-35208","post","type-post","status-publish","format-standard","hentry","category-business-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>EDGNEX Data Centers by DAMAC Confirms Strategic Partnership with Nordic Data Center Developer Hyperco - My Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/transmediavictoria.net.au\/?p=35208\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"EDGNEX Data Centers by DAMAC Confirms Strategic Partnership with Nordic Data Center Developer Hyperco - My Blog\" \/>\n<meta property=\"og:description\" content=\"New acquisition in&nbsp;Nordics is part of the company&#8217;s ambitious European and global expansion plan. 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