Crusoe Expands Iceland Data Center, Secures $175M from VPC


Crusoe Expands Iceland Data Center, Secures $175M from VPC

📅 - Vertically integrated AI infrastructure provider Crusoe has announced a significant expansion of its operations in partnership with Nordic data center specialist atNorth. The company revealed that it will increase capacity at atNorth's ICE02 facility in Iceland while also securing a $175 million credit facility from Victory Park Capital (VPC), a global investment firm focused on private credit.

The move highlights both the accelerating demand for AI-ready infrastructure and the growing emphasis on clean energy solutions for large-scale computing.

The ICE02 facility, located in Iceland, is powered entirely by renewable geothermal and hydroelectric energy, making it a strategic location [...][... Check source for end of article ...]
Tags: Data Center

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