Aker Nscale is planning another data center in Narvik, Norway.

The 250MW facility will be located on a land parcel formerly owned by power company Nordkraft in Korgen, a village south of Bodø, Norwegian newspaper Rana Blad reports.

In July, Nscale and Aker announced a partnership with OpenAI for a European Stargate project, which plans to deliver a 230MW facility with a potential 290MW expansion in Kvandal, also in northern Norway. The aim is to deliver 100,000 Nvidia GPUs by the end of 2026.

Aker Horizons investment director Nils Lysø told Rana Blad that the newer facility was waiting for a power allocation from Statnett, a Norwegian power system operator.

Aker Nscale is a joint venture composed of two companies: Investment firm Aker and former cryptomining company-turned-neocloud Nscale.

The past few months have seen both companies ink high-profile data center and digital infrastructure deals with hyperscale clients and governments. Aker is a significant backer of Nscale, with the latter securing $1.1 billion in a Series B funding round led by the former in late September.

In January, Nscale committed to £2.5 billion ($3bn) worth of investment in the UK for the development of a data center in Loughton, Essex, as well as the construction of multiple modular and fixed UK-based data centers.

On September 17, Nscale announced its involvement in Stargate UK, under which OpenAI plans to deploy up to 31,000 GPUs across several Nscale data centers. On the same day, Nscale and Aker also inked a $6.2bn, five-year deal to sell compute power to Microsoft.

And just last week, Nscale agreed to supply Microsoft with an additional 116,000 GB300 GPUs across two facilities in Texas, US, and in Sines, Portugal.

Nscale was formed in May 2024, spun out from cryptomining firm Arkon Energy. It operates a 30MW data center in Glomfjord Industrial Park, with plans to double capacity to 60MW.

Norway-based Aker has investments in ten listed and eight unlisted companies. In Q2 2025, it reported a net asset value increase of 7.43 percent year-on-year, from NOK 61.9bn ($6.1bn) to NOK 66.5bn ($6.5bn).

Norway’s cool climate and clean energy has attracted a great deal of data center operators. The government has responded accordingly, requiring data centers in the country to register the details of their facilities with the government from July 1 onwards, including their company name, address, and legal status, as well as their total energy consumption.