Why
GIGA-42?

GIGA-42 brings together deep local institutional access, proven Nordic delivery experience, and an integrated approach to developing renewable-powered AI infrastructure at scale.

About GIGA-42

GIGA-42 is a platform established to develop AI-ready data centre infrastructure through integrated energy planning, local institutional engagement, and proven delivery experience in the Nordics.

Local Institutional Access

Strong relationships with Icelandic government, generation and transmission companies, municipalities, and utilities enable efficient engagement. High level political alignment, especially in post-industrial regions, supports delivery and stakeholder trust.

Proven Nordic Delivery

Previous experience in delivering a complex hyperscale project in the Nordics. This involved the repurposing of an ex industrial facility into Nscale, now one of Europe's most powerful AI supercomputers. Demonstrates capability in industrial transitions, high-density AI workloads, and operating reliably in cold-climate, energy-intensive environments.

Active Iceland Pipeline

Existing development in Bakki provides live insight into Icelandic permitting, power dynamics, and local priorities. Reykjavík offers a strategic and operational complement, allowing coordinated delivery across both sites.

Execution Speed and Depth

Agile, experienced team with strong regional relationships and supplier networks enables rapid project assembly. Internal expertise across strategy, permitting, engineering, and operations supports fully integrated project execution from concept to commissioning.

ESG and Community Integration

Prioritises local employment, skills development, and heat reuse, aligning with Reykjavík Energy's social and environmental objectives.

Partner with GIGA-42

Join us in developing the next generation of sustainable, AI-ready data centre infrastructure in the Nordics.