We are committed to upgrading the data center industry with modern and sustainable sites.

Circularity

What started at Scandinavian Data Centers as a desire to create the greenest data center platform possible has transformed into an energy, data and heat platform all working together for the best possible outcome for our partner cities.

We see power not as a right, but as a privilege, and believe that we need to in an equitable way focus on all our stakeholders to ensure a long-term sustainable business model.

By extension, we believe that data center requirements are shifting from not only largest electricity output at lowest possible price, to sites that offer the maximum societal benefit per allocated MW. Our vision is that in every community that has a district heating grid will also have a data center that helps regulate the cities heating, but also contribute to the local electricity grid by making it stronger, more flexible and more resilient.

We want to do our small bit in helping decarbonise the AI explosion and by extension mitigating global warming by becoming the most carbon negative IT platform on the planet.

Location, Location, Location

The Swedish, Icelandic and Norwegian power grids have the lowest carbon intensity on the planet. Regardless of if your current data center purchases PPAs, the hard fact remains that wind power runs ca2000h of the year’s 8760 hours and solar is even worse. As a result the data center operations will use the vast amount of its life cycle power consumption from the average carbon intensity of the grid. If it is a new data center it is contributing to the marginal increase of the grid, which generally has an even high carbon intensity.

Sweden’s average carbon intensity is ca20-30 gCO2/1kWh while Germany is ca300 gCO2/1kWh. The highest environmental benefit from IT operations is the location where they are operated. If you can recover 100% of the waste heat you can 2X this benefit.

To Build or Not to Build

We much prefer to refit existing buildings. While it is not possible to always use existing buildings, it is Scandinavian Data Centers strong desire to exhaust all available options before we will consider constructing a building from scratch. While this process generally takes longer, is more complicated, we do see benefits in finding sites more centrally located key for our heat recovery model, but also existing buildings also have advantages from a planning, time to market and budget perspective.

It’s All About the Heat

While we are highly motivated to generate the best possible PUE, CUE, water usage and other metrics, our core conviction remains that 1 MW IT Load generates 1MW Heat of which if harnessed will far outweigh in terms of environmental benefits any incremental improvements in other areas. We are working very hard to uncover as many viable heat recovery MWs as possible.

Our Team

The SDC team has deep diverse experience from Data Centers, Property Development, Software Payment Solutions, Private Equity and Investment Banking working as Founders, CEOs and Senior Managers.

Svante Horn

Svante Horn

Co-Founder & CEO

Previously Morgan Stanley, Merrill Lynch, co-Founder Anthropocene Fixed Income Institute and co-Founder Rockan Data Center.

Simon Angeldorff

Simon Angeldorff

Co-Founder & CIO Chairman of the Board

Previously Goldman Sachs, AAC, SEB and CEO Envirotainer.

David Malmström

David Malmström

Co-Founder & CFO

Previously SEB, CEO Vinovo and currently founder Mainstay Fastigheter.

Jascha Buckholt

Jascha Buckholt

Co-Founder & Head of Site Development

Previously SEB, Bonnier and currently founder Mainstay Fastigheter.

Bengt Johansson


Bengt Johansson


Electricity Lead

Previously Ellevio Head of Asset Management, EU Affairs and Market Design, Regulation & Legal.

Ulrika Jardfelt

Ulrika Jardfelt

District Heating Lead

Former global head district heating and management team Vattenfall, CEO Swedish District Heating.

Morgan Ledner 

Morgan Ledner 

Data Center Operations Lead

Previously Global head operations & security Volvo IT Data Centers (40 sites globally), Enaco & HCL Tech.

Eva Ruben

Eva Ruben

Chief Operating Officer

Previously COO KPMG Sweden, COO Skincity. Industrial transformations projects. Civil Engineer.

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