Israeli real estate developer Azrieli Group (TASE: AZRG) said it will acquire privately-held Norwegian data centre operator Green Mountain for around NIS 2.8 billion (US$850 million). Green Mountain was until now owned by the Smedvig Family (90%) and Green Mountain and Norwegian real estate firm Smedvig employees (10%). The company operates three server farms in Norway and has future construction and development potential at these and additional sites of around 520 MW. In this interview with João Marques Lima, editor at The Tech Capital, Green Mountain’s CEO Tor Kristian Gyland discusses the business and how the deal has taken place, the different investors interested in buying the operator, expansion plans in and out of the Nordic region as well as the shift in investor profile within the Scandinavian and European data centre market vehicles. #datacenters #cloudadoption #cloudcomputing #datacentre #infrastructure #norway #SmedvigFamily #Azrieli #oslo #Scandinavia #thetechcapital #youleadwereport Follow us on: Subscribe: https://thetechcapital.com/register/ Twitter: https://twitter.com/thetechcapital_ LinkedIn: https://www.linkedin.com/company/the-tech-capital Instagram: https://instagram.com/thetechcapital_ Facebook: https://www.facebook.com/The-Tech-Capital-101679965480510 YouTube: https://www.youtube.com/channel/UCPZ8yuPvtECZCwV2g9OkX1w

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“What did the council decide on item 42?” — answered with the speaker and the moment.

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