Oslo, November 3, 2025 — Bulk Infrastructure (Bulk) has successfully closed a €410 million senior secured loan to support the continued development of its N01 Data Center Campus in Vennesla municipality, outside Kristiansand, Norway.
The N01 Data Center Campus is one of the largest and most scalable data center campuses in Europe, combining access to renewable energy with strong international connectivity through Bulk’s subsea and terrestrial fiber networks.
“Bulk continues our industrial growth journey as a leading Nordic digital infrastructure company. This financing marks a significant milestone for our robust platform to meet fast growing customer demand for AI training and inference,” says Jon Gravråk, CEO Bulk Infrastructure.
The new financing is secured against selected assets within the first phase of the N01 site and the proceeds will be used for continued expansion at the site and refinancing of existing debt.
“The transaction attracted strong interest from both Nordic and international lenders throughout the process. The outcome reflects the solid fundamentals of both Bulk and the N01 Data Center Campus and the trust we have built across financial institutions,” says Gaute Krekling, CFO of Bulk Infrastructure.
ABN Amro Bank N.V., Citibank Europe plc, and Nordea Bank Abp acted as Mandated Lead Arrangers in the transaction. Eastdil Secured served as advisor to Bulk Infrastructure, while White & Case LLP and Schjødt served as legal counsels to Bulk Infrastructure.
About Bulk Infrastructure
Bulk Infrastructure Group AS is a leading provider of sustainable digital infrastructure in the Nordics. The company is an industrial investor, developer and operator of industrial real estate, data centers and dark fiber networks. Bulk believes in the value creation opportunity of enabling our digital society to be fully sustainable. Hence the company`s vision: Racing to bring sustainable infrastructure to a global audience.
For more information, please contact: Einar Stabell, Head of Communication & Corporate Affairs Bulk Infrastructure
Einar.stabell@bulk.no +47 93632361
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