Glesys signs agreement with Trevian to establish new data center campus in Oulu, Finland

Oulu, Finland, 4 June 2026. Glesys today announced an agreement with Trevian Asset Management to establish Campus Oulu, a new AI-ready data center campus in Oulu, Finland. The campus is planned as a modular development with long-term expansion potential of up to 300 MW.

With significant infrastructure and power connectivity already in place, the first deployment phase is expected to be ready for service in autumn 2026, supporting an initial IT load of approximately 8 MW.

Campus Oulu is designed to support modern high-performance computing and growing AI infrastructure needs. The facility will support liquid-cooled environments and operate on green electricity from day one. Discussions regarding the use of surplus heat within local energy systems are also underway.

The campus complements Glesys existing cloud, colocation, and infrastructure services across the Nordics. Glesys currently operates data center facilities and cloud infrastructure in Falkenberg, Stockholm, Helsinki, Pori, Tampere, and Oulu, serving customers across cloud services, colocation, and dedicated infrastructure.

Oulu was selected due to its strong position within Nordic technology and research ecosystems, particularly in ICT, AI, and edge computing, as well as Glesys existing operational presence in the region.

“Campus Oulu allows us to extend our infrastructure capabilities into next-generation AI and high-performance computing while continuing to support our existing customers and services across the Nordics,” says Glenn Johansson, CEO of Glesys.

“The project is designed around phased expansion and operational flexibility, allowing infrastructure growth to align closely with customer demand and long-term investment planning.”

Trevian is one of Finland’s leading real estate investment and asset management firms, with a growing focus on infrastructure investments, including data centers.

“This agreement is an important milestone in Trevian’s broader infrastructure strategy. The combination of existing infrastructure, power availability and scalable development capability creates a highly competitive platform for digital infrastructure operators seeking long-term capacity in the Nordics,” says Reima Södervall, CEO, Trevian.

“Together with Glesys, we are building an environment designed to support growing demand for high-performance and energy-efficient digital infrastructure in Finland and across Europe.”

Campus Oulu is expected to strengthen Finland’s position as a location for advanced digital infrastructure while supporting continued technology investment and regional development.

This development also aligns with the continued expansion of Glesys’s platform across Northern Europe and reflects Cube Infrastructure Managers’ broader strategy of investing in scalable, energy‑efficient digital infrastructure assets. Alongside its presence in Germany through firstcolo, Cube Infrastructure Managers continues to build a diversified portfolio of high-quality datacenter platforms.