20.2.2025

Verne Global Data center project in Mäntsälä

Related services

We are assisting Verne Global Ltd, the leading provider of sustainably powered HPC data centers in the Nordics, in developing a data center in Mäntsälä, Finland.

We advised Verne in acquiring the real estate company managing the Mäntsälä site, as well as in the subsequent acquisition of the site itself. Our assistance extends beyond real estate transactions to include permitting and tax-related matters. Additionally, we advise Verne on grid connection and electricity supply matters.

The acquisition of the project site in Mäntsälä marks Verne’s fourth data center in Finland, reinforcing its position as a leader in sustainable and scalable data center solutions. The Mäntsälä campus, spanning 10 hectares and located just a 40-minute drive from Helsinki-Vantaa International Airport, will initially offer a capacity of 70 MW. The facility is designed to support data-intensive enterprises and AI innovators running HPC, machine learning, and other high-intensity workloads, all while operating exclusively on renewable energy.

Verne’s new facility will adhere to the company’s best practice design principles, focusing on maximizing efficiency and minimizing environmental impact. The campus will be powered entirely by renewable energy sources, and waste heat generated by the data center will be utilized for local community heating projects. The company is working closely with the Mäntsälä Municipality to ensure the new facility benefits the local area, including plans to harness waste heat for district heating.

Construction of Verne’s Mäntsälä data center is set to begin in mid-2025 and is expected to take two years to complete. This expansion is a strategic move in Verne’s long-term plan to build out its sustainably powered data center platform, which was acquired by Ardian, a world-leading private investment house, in early 2024. Ardian has already invested over EUR 1.6 billion in the Nordics, focusing on energy transition and digital infrastructure projects, and is working with Verne to drive sustainable growth across the region. 

Read Verne Global’s press release.

Our team

Latest references

OP-Public Services Real Estate Fund – Sale of six care properties
We advised OP-Public Services Real Estate Fund in the sale of a portfolio of six care properties to Aedifica group, a Belgian real estate company specialised in European healthcare real estate, particularly in elderly care. The care properties in this portfolio are located across Finland in Helsinki, Tampere, Kuopio, Tuusula and Kirkkonummi. The portfolio has a total capacity for 233 residents. Aedifica group acquired 100% of the shares of the six real estate companies that own the properties. The total value of the transaction is approximately EUR 37.5 million.
Case published 26.6.2025
eQ Commercial Properties Fund – Sale of a fully let light industrial property
We are assisting eQ Commercial Properties Fund in the sale of a fully let property to Logistea AB (publ), with an underlying property value of EUR 25 million. The property is transferred through the sale of the shares in the property-owning company Kiinteistö Oy Hämeenlinnan Länsiportintie 15. Logistea is a Swedish real estate company focusing on warehousing, logistic and light industrial properties, and its shares are listed on Nasdaq Stockholm. The property was built in 2012, and it is located in Hämeenlinna. The property has a total lettable area of approximately 21,700 square meters and the entire property is leased by Faerch Finland Oy, a fully owned subsidiary to Faerch A/S which is a leading provider of sustainable, circular food packaging solutions.
Case published 5.6.2025
Pihlajalinna – Sale of special housing services
We advised Pihlajalinna Plc on an arrangement whereby Pihlajalinna Terveys Oy and Ikipihlaja Setälänpiha Oy sold their special housing services business to Esperi Care Oy.  The transaction involved three Pihlajalinna Uniikki units in Hämeenlinna, Lohja and Riihimäki as well as Ikipihlaja Oiva in Raisio. As a result of the arrangement, more than 100 employees transferred to Esperi. Pihlajalinna is one of Finland’s leading private providers of social and healthcare services, offering a wide range of services to both private and public sector clients. Pihlajalinna has more than 160 locations across Finland.
Case published 2.6.2025
eQ Community Properties Fund – Sale of two healthcare properties
We assisted eQ Community Properties Fund in the sale of two healthcare properties to a fund managed by Northern Horizon. The properties have a total floor area of approximately 3,500 square meters. The two properties are located in Espoo and Lahti. The Espoo asset was completed in 2018 and the Lahti asset was completed in 2023. Both assets are operated by Attendo, the leading care provider in the Nordic region.
Case published 9.5.2025
All cases