Polar’s High-Performance Data Center Backed by Tikehau Capital

Tikehau Capital is pleased to announce it has acted as the lead arranger of a Senior Secured Loan Facility to support the development of a cutting-edge modular data centre designed for High-Performance Computing (HPC) near Oslo, Norway.

Developed by Polar DC and majority-owned by H.I.G. Capital's value-added infrastructure strategy, this project is designed to deliver data centre infrastructure that meets the intense computational demands of AI workloads, while maintaining a commitment to environmental responsibility. It capitalises on Norway’s abundant and cost-efficient energy supply, including surplus green energy, providing a strategic advantage for AI-driven enterprises.

The investment, which was made through the third round of Tikehau Capital’s special opportunities strategy, alongside its real estate credit strategy, underscores Tikehau Capital’s commitment to financing innovative infrastructure projects that drive Europe’s technological transformation.