3i Infrastructure to Invest EUR 300 Million for Majority Stake in Lefdal Mine Datacenter in Norway
3i Infrastructure plc has agreed to invest approximately EUR 300 million to acquire a majority stake in Lefdal Mine Datacenter, with the total investment expected to reach EUR 400 million. The deal is anticipated to close in summer 2026 and includes a small portfolio of renewable assets. Lefdal Mine currently operates 37 MW of data center capacity and has an additional 43 MW under construction, utilizing Norway's low-cost power and advanced cooling technology.
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3i Infrastructure plc will invest about EUR 300 million to acquire a majority stake in Lefdal Mine Datacenter, with the total investment projected to be EUR 400 million. The transaction is set to complete in summer 2026 and includes acquiring a small portfolio of renewable assets, which consists of three wind farms in Sweden and two hydroelectric assets in Italy.
The datacenter currently operates 37 MW of capacity, with an additional 43 MW under construction. It benefits from Norway's low-cost electricity and uses underground infrastructure along with closed-loop seawater cooling technology. 3i Infrastructure will manage the investment and has activated a EUR 300 million accordion feature in its revolving credit facility to enhance investment flexibility while awaiting proceeds from a previous transaction.
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