- XTX Markets announces a €1 billion data center project in Finland, with the first facility set for 2026 completion.
XTX Markets has launched a plan for a €1 billion investment in a cutting-edge data center in Kajaani, Finland.
The project, one of the largest of its kind in the Nordic region, begins with the first facility expected to be completed by 2026.
The initial structure will cover 15,000 square meters, featuring three data halls with a total IT power capacity of 22.5MW and office space for 50 personnel.
Chief Technology Officer Joshua Leahy highlighted the company’s proactive approach, stating, “We’re building ahead of our needs to establish a backbone for future growth.”
The eco-friendly facility utilizes Finland’s natural climate for cooling and plans to provide free excess heat to the local community.