Key Takeaway
The Nordic data centre market is poised for significant growth over the next five years, driven by increased AI investments across Europe. This growth is attributed to the region’s cooler climate, affordable renewable energy, and availability compared to constrained FLAP-D markets. At the forefront is atNorth, led by Chief Development Officer Anna Kristín Pálsdóttir, who focuses on sustainable expansion. The company is enhancing its facilities in Iceland and opening new sites in Denmark, Finland, and Sweden, with plans for a megasite in Sweden and evaluations in Norway. Anna emphasizes learning from mistakes to foster innovation in operations.
The Nordic data centre market is poised for significant growth over the next five years, as businesses throughout Europe ramp up their AI investments. This surge in investment is driven by the region’s cooler climate, more affordable renewable energy, and greater availability compared to the constrained FLAP-D markets.
Leading this innovation is atNorth, a Nordic data centre operator that prioritizes sustainability in its growth strategy. At the helm of this initiative is Anna Kristín Pálsdóttir, the company’s Chief Development Officer. Since joining the company just over a year ago, Anna has been instrumental in expanding the operator’s footprint across the Nordic countries.
“I joined the company with the goal of expanding its footprint – focusing on site selection, design, technology, innovation, and delivery in alignment with customer expectations,” she explains. “We are developing new data centres to ensure they meet atNorth’s standards as well as industry and client requirements.”
Presenting a clear expansion strategy
“We have extensive expansion plans,” says Anna. The business is enhancing two of its three operational facilities in Iceland, where it began its operations in 2009. Alongside its four other operational sites in Finland and Sweden, it is set to open its first Danish site, with a second in development, as well as additional facilities planned in Finland and Sweden. “We have also secured extra land in Sweden designated for a future megasite and are evaluating multiple sites in Norway as well.”
Anna’s engineering background shapes her methodical approach to scaling operations. She underscores the importance of quickly learning from mistakes and systematically applying those lessons to future projects, stating, “we only make a mistake once and learn from it – it is essential for innovation.”



