Finnish renewable energy development firm Winda Energy is planning a data center development in Finnish Lapland.

Winda Energy Oy this week announced the development of a data center project in Rajakangas, Keminmaa.

Co-developed with investment firm Gi21 Capital, the 15-hectare project will see some €500 million ($582m) invested.

Construction will begin in 2027, with the goal of completing the first phase of the project in 2028.

“Sea Lapland’s power grid is very production-oriented, which creates extremely promising conditions for this data centre project. The strong renewable energy foundation in the region aligns perfectly with the growing demand for energy-intensive digital infrastructure,” said Tuomas Hooli, CEO of Winda Energy.

Keminmaa is a municipality of northern Finland. It is located near the towns of Kemi and Tornio in the Lapland region. Rajakangas is a 45-hectare industrial and logistics zone located at the intersection of the E8 and E75 highways.

Founded in 2011, Winda is a renewable energy firm with wind and solar power projects across Finland. It has more than a dozen wind farms in operation and development totaling more than 1GW and solar projects totaling more than 800MW. Winda’s majority shareholder is Czech private equity investor BHM Renewables, part of BHM Group. Winda has previously signed a power purchase agreement with Amazon.

The Keminmaa project is Winda’s second data center project. Earlier this year, the company announced plans for a 100MW development in Janakkala, a municipality in the province of Southern Finland. That project is also set to be developed in partnership with Gi21.

DCD takes a closer look at Finland’s growing data center market in issue #60 of DCD>Magazine. Register here now to read it for free.