Ardent Data Centers is set to acquire two US data centres and a data centre in the UK.
The data centre firm said it has successfully agreed Letters of Intent with two US sites and is the preferred bidder on a UK site.
Details of the locations of the sites, the specifications, and the terms of the deal were not disclosed. The three acquisitions are expected to be finalised by the end of Q1 2024.
Part of Northern Data Group, Ardent’s expansion forms a portion of a new £94 million ($118 million) investment strategy. The strategy is aimed at enhancing the data centre firm’s ability to offer colocation services for compute power across Europe and the US.
“The rapid progress being made by the Ardent team will support Northern Data Group in providing the infrastructure required to fully capitalise on the vast opportunity in the high performance computing (HPC) market,” said Aroosh Thillainathan, Chief Executive Officer at Northern Data Group.
Once acquired, the expanded capacity will address the growing demand for compute power for generative artificial intelligence (AI) applications.
“These sites will represent an important next step in the expansion of our portfolio and are the most recent in a series of investments across strategic locations, with more to come,” said Corey Needles, Managing Director at Ardent Data Centers.
Ardent intends to construct data centre environments tailored for HPC systems, incorporating advanced liquid cooling technology.
Currently, Ardent has data centres in Boden, Sweden and Lefdal, Norway. The company also has a presence in the US, Canada, the Netherlands, and Germany.
Ardent’s data centre environments incorporate highly-efficient, purpose-built liquid cooling technology to achieve a lower power usage effectiveness ratio than current market standards. This enables enhanced utilisation and performance at a reduced cost.
Any newly acquired sites integrated into Ardent’s portfolio will undergo upgrades and retrofits to meet this standard. This approach aligns with the broader commitment of both Ardent and Northern Data Group to deliver infrastructure that minimises the environmental impact of compute-intensive processes.
Ardent to Support Sister Company
In its strategic expansion, Ardent will support sister company Taiga Cloud by providing additional infrastructure for current and future NVIDIA H100 deployments.
This initiative commences with the upcoming expansion at Ardent’s Northern Europe sites. Ardent is set to play a key role in facilitating Taiga’s future expansion.
Earlier this year, Northern Data Group restructured its operations into three brands: Taiga Cloud, Ardent Data Centers, and Peak Mining.
Taiga Cloud was created to offer generative AI cloud services in Europe, featuring clean-energy-powered GPU compute capabilities.
Last month, Northern Data Group secured a £492 million ($619 million) debt financing facility. The funding was provided by Tether Group.
The facility will primarily strengthen Northern Data Group’s ability to invest in the most sophisticated hardware available, which is needed to gain access to Generative AI technology in Europe.