New information portal about data centers in Iceland
Visit Invest in Iceland's new dedicated Data Center website, outlining Iceland's value proposition for data centers. http://datacenter.invest.is/
D9 to invest a further $93 million in Verne Global after buying the company in 2021 for £231 million in cash
Verne’s campus in Keflavik to reach 40MW. In September 2021 it was announced that D9 had bought Verne Global for £231 million in cash Digital 9 Infrastructure (D9) is to invest an additional $90 million in Icelandic data center firm Verne Global to fund further expansion. D9, managed by Triple Point Investment Management, acquired Verne
The bank BNP Paribas selected Iceland because of the 100% renewable energy and cool climate
Sustainability is at the heart of modern banking operations and financial institutions are closing large in-house data centers to move to hybrid compute environments to keep their digital carbon footprint to a minimum. Iceland, with its cool climate and abundance of 100% renewable energy, has become an appealing location for hosting the world’s most valuable
Survey operations completed and Thorlakshofn selected as landing site in Iceland
On August 21st survey operations for the IRIS cable system were completed when the survey vessel Ridley Thomas ported at Reykjavík Harbour. Ridley Thomas had spent 12 weeks surveying the second phase of the survey from the Irish EEZ to Iceland’s landing site. Iceland’s landing site was carefully selected, and several of potential options explored
Construction for IRIS commences in Ireland
Construction for the extension of IRIS from beach manhole to the cable station in Galway commenced on May 25th. The path is around 2km in length. Ducts for fiber and power cables are now installed.
Farice and SubCom announce contract-in-force for IRIS, newest undersea cable to link Iceland to Europe
IRIS will offer increased security, redundancy, wholesale capacity linking Iceland with Ireland Eatontown, NJ, USA and Reykjavik, Iceland – April 5, 2021 – SubCom and Farice ehf today announced that a contract is in force for the supply and installation of IRIS, a new high-speed undersea cable system connecting Iceland and Ireland. Farice is an
ESA approves aid for third submarine cable connecting Iceland with Europe
The EFTA Surveillance Authority (ESA) has today approved a capital increase of an estimated EUR 50 million to Farice, a state-owned provider of international telecommunications services, for the construction of the IRIS submarine cable. Iceland’s telecommunications and internet traffic is currently dependent on two submarine cables – FARICE-1 and DANICE – that connect the country
Financing secured
Iris receives 50M€ Click here for more information
Seabed survey commences
Seabed survey for a new submarine cable (IRIS) between Ireland (Galway) and Iceland Preparation work for a new submarine fibre cable (IRIS) from Iceland to Europe is being developed by Farice, the incumbent international connectivity provider Iceland, since early 2019. Farice is fully owned by the Icelandic Government and currently
A new submarine cable from Iceland to Europe in preparation
The Telecommunication Fund of Iceland and Farice ehf, the operator of two submarine cables to Iceland, have recently signed a DTS (Desk Top Study) work agreement. The DTS work involves selecting landing sites for a new submarine cable to Europe as well as project management for a seabed survey expected to take place in