Oslo/Madrid, 9th of September 2025
PowerPool is pleased to announce the launch of its new turn-key hosting service for its clients, marking a significant expansion of its service offering.
The new facility, located in Northern Norway, will leverage immersion cooling technology to deliver higher stability, reduced downtime, and extended hardware lifespans. Combined with access to low-cost, sustainable energy, the hosting service aims to offer customers some of the most competitive operating conditions in the industry.
The company will soft-launch its hosting services during a pilot program, backed by close to EUR 200,000 in initial capital expenditure in H2 2025. The pilot project is designed to prepare the service offering to grow to a 1 MW deployment as Arctic Cores site completes construction of required infrastructure. The first scale-up phase is planned for 2026, positioning PowerPool for large-scale growth in the hosting market.
To accelerate this growth initiative, PowerPools board of directors advices to defer further interrim dividends for 2026. The decision allows Powerpool to reinvest directly into the hosting service and expand capacity under profitable growth. Initial revenues stemming from the sale of these services are expected to start towards the end of 2025, mainly due to lead time from suppliers.
The hosting service will closely integrate with Powerpools current software platform and current services, and the beta version is already completed and integrated.
“By combining immersion cooling with Northern Norway’s competitive power costs, we are creating one of the most efficient and future-proof hosting environments in the world,” comments Ruben Gomez Morales, CEO of PowerPool. “This pilot is a milestone for PowerPool and a crucial step in preparing for the next 1 MW deployment in 2026.”
“The launch of PowerPools hosting services ties neatly into our vision of utilizing synergies between group companies, with closer ties between Arctic Core, Lokotech and PowerPools business verticals. I expect the initiative to have lasting impact on all three group companies. “ Comments group CEO Ola Stene-Johansen.
Further updates regarding facility progress, hosting availability, and customer onboarding will be communicated in due course.
Regarding SOC timeline, a rough estimate for completion has been given by the certifying auditor, whom expects to be completed with his audit in the first half of October 2025.
This information is subject to disclosure requirements pursuant to Section 5-12 of the Securities Trading Act.