Magnora Data Center ASA: Acquires operating data center in Oslo, expanding its metro Oslo platform

20.10.2026 08:45:07 CEST | Magnora Data Center ASA | Non-regulatory press releases

Magnora Data Center ASA ("MDATA") has, as part of its ongoing partnership with Blix Group AS, acquired an operating data center in Oslo from an international telecom operator. The acquisition is the third site in MDATA's metro strategy: a network of connected, urban centers in Oslo and around greater Oslo, located close to end users and serving latency-sensitive and sovereign clouds.

MDATA will own 75% and Blix Group 25% of the facility. The data centre comprises approximately 1,400 m2 with up to 2MW of IT load and may be easily upgraded to meet the EN 50600 Availability Class 3 / Tier III standard.

The site is connected to existing fibre networks, giving low-latency access to enterprises and end users across the Oslo region. Blix will connect the site to its own fibre network, linking it with the other MDATA and Blix sites in Oslo.

Acquiring an existing data center provides short time to market and cost-efficient upgrades for further project development. A district heating off-taker is being evaluated for the full heat capacity and cooling, further reducing its CO? footprint.

"This project strengthens our partnership with Blix Group and adds a new, near-term deliverable to our Oslo data center pipeline. Taking over an operating facility gives us a fast track to revenue. With up to 2 MW of capacity, strong security and robust fibre connectivity, the site is well suited to serve customers who need low latency, high availability, and their data kept in Norway," says Erik Sneve, Chairman of Magnora Data Center ASA.

CONTACTS

* Investor Relations, contact@magnoradc.com

ABOUT MAGNORA DATA CENTER ASA

Magnora Data Center ASA is a developer of data center projects and owner of selected data center operations, with presence in Northern Europe and Italy.

Established by Magnora ASA, the Company was spun off and listed separately in June 2026, becoming the first pure-play data center share listed on a European stock exchange. Magnora ASA owns 52% of the shares and provides management services to Magnora Data Center, which then benefits from Magnora's development track record and extensive network of industrial and financial partners.

The Group has a strong balance sheet, enabling it to secure strategic positions and finance the development of projects through key milestones towards investment decisions.

Magnora Data Center ASA is listed on Euronext Growth Oslo under the ticker symbol MDATA.

ATTACHMENTS

Download announcement as PDF.pdf - https://kommunikasjon.ntb.no/ir-files/17850865/19111296/19209/Download%20announc ement%20as%20PDF.pdf