EdgeMode, a US-based data center developer, has partnered with AI infrastructure firm Vertical Data to market and deliver a 20MW AI data center in Sweden.

The partners signed a non-binding Memorandum of Understanding (MoU) to develop the data center in Marviken, Sweden.

The project aims to combine EdgeMode’s Marviken Smart Energy Cluster, which is tied to a 95MW renewable Power Purchase Agreement (PPA), immersion cooling of up to 180kW per rack, and district heating integration, with Vertical Data’s expertise in AI cluster design, GPU and server procurement, and financing through its GPUFinancing.com platform.

EdgeMode formally acquired the cluster from Synthesis Analytics Production in June in a $1.75 million deal. The deal saw EdgeMode acquire control of the PPA, a long-term lease on an in-development 20MW high-performance computing data center, and freehold ownership of approximately 20,000 square meters (215,280 sq ft) of adjacent land.

The initial 20MW is slated to go live by the end of this quarter, with the next 75MW phase already in advanced planning. According to EdgeMode, the facility could expand to 300MW within the next five years. The deal was first announced last year.

“This partnership represents a major step forward in delivering next-generation AI infrastructure that is both high-performance and environmentally responsible,” said Simon Wajcenberg, CFO of EdgeMode Ltd. “By combining our renewable-powered data center capabilities with Vertical Data’s AI hardware expertise and financing solutions, we can provide an unmatched value proposition for AI and HPC clients worldwide.”

Following the signing of the MoU, the companies plan to commence joint marketing activities, with the first customer-ready solutions expected to be showcased in upcoming industry events.

“AI workloads require not only advanced technology but also innovative business models to make them accessible,” said Christopher Creatura, CFO of Vertical Data Ltd. “Through this collaboration, customers will have access to cutting-edge GPU clusters, flexible financing, and a world-class facility in Sweden-allowing them to scale faster and more efficiently.”

EdgeMode was originally focused on cryptocurrency mining, with operations in New York and Illinois. It was acquired by Fourth Wave Energy in 2022. An SEC filing stated the company “lacked the necessary funding to finance the purchase of Bitcoin mining hardware and hosting contracts.” Since then, it has shifted its focus to colocation and high-performance computing hosting services.