Thylander Secures Strategic Investment for Nordic Data Center Platform
February 5, 2026
The Nordic data center market is attracting significant capital as regional players scale to meet the surging demand for digital infrastructure. This week, a key Danish developer secured strategic backing to advance its ambitions in this competitive landscape. Danish real estate developer and investor Thylander has announced it has secured new outside investment for its data center venture, Thylander Data Centers (TYDC). The investment consortium includes IT firm Systematic Holding Aps, founded by Michael Holm, alongside family offices Sagitta Ventures Aps, Weco A/S, and E. Bank Lauridsen Holding A/S. While the financial terms were not disclosed, the move signifies a strategic step in funding Thylander's push into the hyperscale data center sector. The capital infusion will support the development of Thylander's flagship project: a planned 100-megawatt (MW) hyperscale facility in the port city of Esbjerg on Denmark's west coast. First announced in May 2025, the project is being developed in partnership with energy investor Copenhagen Infrastructure Partners (CIP). The facility is slated to launch in 2026 with an initial capacity of 10-20MW, with the site possessing expansion potential up to 200MW.
The design emphasizes sustainability, planning to reuse seawater cooling infrastructure from the local power plant and making waste heat available to the district heating network. In a statement, Thylander CEO Bjarke Mikkelsen framed the investment as foundational for broader growth, noting, "This is just the beginning of the journey towards building a leading data center platform in the Nordics." He emphasized that the new partners bring unique competencies to strengthen and scale the platform. Michael Holm of Systematic highlighted the strategic rationale, stating, "We see exactly the energy and willpower needed to put Denmark on the map as a serious player in data centers." He added that demand for such digital infrastructure, witnessed firsthand through Systematic's operations, "will only accelerate in the coming years."
The deal underscores a trend of specialized capital flowing into European data center development, particularly in regions like the Nordics known for reliable, green energy. For Thylander, a firm with a portfolio of 74 properties and 10 property funds founded in 1986, the partnership diversifies its investor base beyond traditional real estate and accelerates its entry into a high-growth infrastructure segment. The development also positions Esbjerg as an emerging hub, joining existing operator Bulk and land held by Meta in the municipality.
Source: datacenterdynamics
