Krogerus advises Polarnode on the divestment of its Pori data center project

Krogerus advised Polarnode on the sale of its Pori data center project to an undisclosed European data center operator, marking another significant step in the company’s strategy of developing and delivering investment-ready projects across Finland. The divestment follows Polarnode's continued momentum in the Finnish data center market and builds on the company's established track record of identifying, permitting and developing data center sites in Finland’s most competitive locations. Polarnode’s development model focuses on creating investment-ready data center sites by securing land, zoning, permits and grid capacity before bringing in investors which significantly reduces development risk and accelerates time to market for the investors.

The Pori project comprises 26 hectares of land and has legally valid zoning and building permits in place together with secured grid capacity. Pori's strategic location in western Finland, combined with access to reliable power infrastructure, makes it an attractive location for large-scale data center investments.

The Krogerus team was led by Partner Ville Hailikari and he was primarily assisted by Senior Associate Janne Helaskoski and Associate Toni Kastell.