Bakki Iceland
AI Data Centre
A flagship up to 200MW renewable-powered AI infrastructure development
A flagship up to 200MW renewable-powered AI infrastructure development
The Bakki AI Data Centre is GIGA-42's flagship development in Iceland: a scalable, 100% renewable-powered, AI-optimised data-centre campus designed to meet surging demand for high-density compute.
Located in North Iceland—one of the coldest, cleanest and most energy-secure regions in Europe—Bakki combines geothermal baseload, natural cooling, robust grid integration, and world-class connectivity.
GIGA-42's vertically integrated approach delivers ultra-low operating costs, rapid scalability and direct access to hyperscale-grade network routes.
Bakki has direct access to large-scale geothermal generation, providing continuous, high-load-factor renewable power well suited to AI and data centre operations.
An established industrial area with access to high-voltage grid infrastructure, campus-scale land, and nearby port facilities, supporting phased delivery and efficient construction.
Strong alignment with the local municipality supporting responsible, long-term development and recognising the role of strategic infrastructure in supporting regional growth.
Phased Growth to Up to 200MW
Initial deployment with modular construction framework that accelerates delivery while reducing project risk.
Continued expansion using proven modular construction methods. Increased operational capacity and revenue generation.
Further scalable expansion. Refinement of operations and optimization of efficiency metrics.
Full capacity deployment by 2030. Steady-state operations with long-term lease revenue and heat recycling partnerships.
Approximately 230 long-term jobs expected at full build-out, supporting local communities and economic development in North Iceland.
25–100MW of recoverable heat creates new local industries: aquaculture, greenhouses, district heating, and biotechnology production.
100% geothermal and hydroelectric power delivers an exceptionally low-carbon operating profile. Zero harmful emissions.