JV announced · Iceland

Bakki

Scale42's flagship Icelandic site, in joint venture with GIG. Geothermal baseload with robust grid integration og an industrial-ready footprint. Operational from 2027 at 50 MW initial capacity, scaling to 200 MW.

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Bakki, Iceland — coastal Icelandic landscape

Site specification

Geothermal at scale.

Initial capacity

50 MW

Target capacity

200 MW

Power source

Geothermal

Operational from

2027

Mål-PUE

≤ 1.18

Rack density

50–130 kW

Cooling

DLC + ambient

Karbonintensitet

< 25 gCO₂/kWh

Location

North Iceland.

An industrial-ready site adjacent to Iceland's geothermal generation, with deep-water port access og direct subsea fibre routes to Europe og North America.

Power: Long-duration geothermal baseload — among Europe's lowest-carbon grids.
Climate: Cool ambient year-round — high free-cooling potential.
Connectivity: Direct subsea cable routes (FARICE, IRIS, others) to UK/EU/US.
Partnership: Joint venture with Global Interconnection Group (GIG).

Next steps

Talk to us about Bakki.

Hyperscalers og AI labs evaluating Iceland — we'll send a full RFI pack including grid letters, fibre diagrams og PUE methodology.

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