No Result
View All Result
  • Private Data
  • Membership options
  • Login
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHubHOT
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Home GREEN

TikTok to invest €1bn in second Finnish data center

dcdby dcd
April 8, 2026
Reading Time: 5 mins read
in GREEN, SCANDINAVIA&BALTICS, UK&IRELAND
Share on FacebookShare on Twitter

TikTok will invest €1 billion ($1.16bn) in building a second data center location in Finland.

Announced by TikTok on April 7, the plans come shortly after TikTok was reportedly scaling back its data center capacity in Ireland.



TikTok

– Pixabay/konkarampelas

The second data center project is set to be located in the Kiveriö district of Lahti, Finland, located northeast of Helsinki and west of Kouvola, where TikTok is already developing a data center.

TikTok previously announced plans for its first data center in Finland in April 2025. That campus will be developed by Hyperco, and is projected to have an initial IT capacity of 100MW.

“Finland offers a unique combination of strong digital infrastructure, access to clean and reliable energy, and a highly skilled workforce,” said Christian Hannibal, head of public policy for TikTok in Finland.

“That makes it a natural choice as we continue to expand our European infrastructure and strengthen how we protect and store data locally.”

Both data centers are part of TikTok’s Project Clover, a €12bn ($13.8bn) European digital sovereignty effort that has seen TikTok establish locations across Europe to reassure governments that user data will remain in the region.

While the data center partner has not been revealed, Chinese data center company DayOne is known to be developing a 128MW campus in Lahti. The company revealed plans for the site in August 2025, which aims to be ready for service.

Simultaneously, DayOne disclosed that it had invested in Hyperco’s Kouvola data center project, which is being used by TikTok. DCD has contacted DayOne for comment.

DayOne was formed from the international unit of Chinese data center firm GDS. Formerly GDS International, the unit changed its name in January 2025 and launched as an independent company following the completion of a Series B funding round.

Other locations under Project Clover include Dublin, Ireland, where TikTok opened its first data center in September 2023. Previously set to lease further capacity in the country, TikTok is reportedly no longer seeking further data center space in Ireland. The company has yet to confirm this.

In Norway, TikTok uses three data center buildings developed by Green Mountain in the company’s OSL2-Hamar campus. All three buildings have been operating since April 2025.

TikTok has long contended with concerns around its ownership by the Chinese company ByteDance, with many countries seeking to ensure that user data is not sent to China. This has been particularly challenging in the US, but was settled with the US spin-off – dubbed TikTok USDS Joint Venture LLC – that has three managing investors: Oracle, Silver Lake, and Abu Dhabi-based MGX, while ByteDance has retained a 19.9 percent stake.

Most of Finland’s data centers are in and around Helsinki, but Lahti has a few currently under development. Polarnode is developing a 40MW data center in the area, and FCDC is also known to be looking at a site in Lahti.

More in Cloud & Hyperscale

  • Cover - T&I Blog3_FINAL - Tim Hazlehurst_page-0001

    Accelerating hyperscale deployments in the AI era

  • Screenshot 2025-10-14 102758

    14 Oct 2025

    Apple secures more than 650MW of new renewable capacity across Europe

  • Cloud & Hybrid SITE THUMBNAIL

    Episode
    Scaling the Cloud without losing control

More in Nordics

  • power mining - containers

    10 Dec 2025

    Power Mining to use cryptomine containers for heat reuse

  • Lefdal_Mine_DC_Most_Beautiful_DC.original.jpg

    11 Mar 2026

    3i Infrastructure acquires majority stake in Norway’s Lefdal Mine Datacenter

  • armada galleon II

    24 Mar 2026

    Aker BP to deploy Armada Edge data center on Norwegian oil rig

Read the orginal article: https://www.datacenterdynamics.com/en/news/tiktok-to-invest-1bn-in-second-finnish-data-center/

Gateways to Italy

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

Gateways to Italy – Offer your services to funds and investors willing to explore opportunities in Italy. Become a partner!

by Partner
June 6, 2023

Sign up to our newsletter

SIGN UP

Related Posts

PRIVATE EQUITY

Telia to acquire MVNO Telness in Sweden

April 8, 2026
UK&IRELAND

Spectra Logic and Geyser Data launch tape archive site in London, UK

April 8, 2026
FINTECH

British FinTech firm MillTech raises €51 million investment at €277 million valuation

April 8, 2026

ItaHub

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

Crypto-assets supervision rules in Italy, Banca d’Italia will supervise payment systems and Consob on market abuse

November 4, 2024
Italy’s SMEs export toward 260 bn euros in 2025

Italy’s SMEs export toward 260 bn euros in 2025

September 9, 2024
With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

With two months to go before the NPL Directive, in Italy the securitization rebus is still to be unraveled

April 23, 2024
EU’s AI Act, like previous rules on technology,  looks more defensive than investment-oriented

EU’s AI Act, like previous rules on technology, looks more defensive than investment-oriented

January 9, 2024

Co-sponsor

Premium

Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

Italy’s venture capital, nearly €2 bn in funding in 2025 (net of Bending Spoon’s venture debt). BeBeez Report

February 3, 2026
Italian private equity accelerates, driven by add-ons. BeBeez reports.

Italian private equity accelerates, driven by add-ons. BeBeez reports.

September 7, 2025
AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

AlixPartners: Automotive, retail and manufacturing sectors may go through restructuring in 2025

July 11, 2025
Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

Funds vying for management consulting firm BIP, a CVC portfolio company. All deals in the sector

March 6, 2025
Next Post

Edged launches 36MW data center in Phoenix, Arizona

British FinTech firm MillTech raises €51 million investment at €277 million valuation

EdiBeez srl

C.so Italia 22 - 20122 - Milano
C.F. | P.IVA 09375120962
Aut. Trib. Milano n. 102
del 3 aprile 2013

COUNTRY

Italy
Iberia
France
UK&Ireland
Benelux
DACH
Scandinavia&Baltics

CATEGORY

Private Equity
Venture Capital
Private Debt
Distressed Assets
Real Estate
Fintech
Green

PREMIUM

ItaHUB
Legal
Tax
Trend
Report
Insight view

WHO WE ARE

About Us
Media Partnerships
Contact

INFORMATION

Privacy Policy
Terms&Conditions
Cookie Police

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • COUNTRY
    • ITALY
    • IBERIA
    • FRANCE
    • UK&IRELAND
    • BENELUX
    • DACH
    • SCANDINAVIA&BALTICS
  • PRIVATE EQUITY
  • VENTURE CAPITAL
  • PRIVATE DEBT
  • DISTRESSED ASSETS
  • REAL ESTATE
  • FINTECH
  • GREEN
  • PREMIUM
    • ItaHub
      • ItaHub Legal
      • ItaHub Tax
      • ItaHub Trend
    • REPORT
    • INSIGHT VIEW
    • Private Data
Subscribe
  • Login
  • Cart