May 14, 2025 – London / NEOIX.AI announced its strategic expansion into the Nordic region with a 100 MW data center development in Mikonkeidas, Finland, leveraging the country’s abundant renewable energy resources and natural cooling advantages.The project, currently in final negotiations, represents a significant milestone in sustainable data center development within the Arctic Circle region.
“Finland offers the perfect storm of renewable energy abundance, political stability, and natural cooling that makes it ideal for next-generation AI infrastructure,” said Hari Slipicevic, CEO of NEOIX. “We’re essentially turning Finland’s climate into our competitive advantage.” The facility will integrate directly with Finland’s renewable energy grid and utilize innovative cold-climate engineering to achieve industry-leading Power Usage Effectiveness (PUE) ratings below 1.15. Local officials have praised the project’s potential economic impact, with the development expected to create hundreds of high-tech jobs and establish Finland as a key player in Europe’s AI infrastructure network.
