PolarDC closed a record €800M Nordic high-yield bond to fund AI data centers in Norway, tapping crypto mining roots and hydroelectric power for

(Bloomberg) -- Data center developer PolarDC Group Ltd. discovered an unlikely source of cash for its AI ambitions back in May: the Nordic high-yield bond market.

PolarDC closed a record €800M Nordic high-yield bond to fund AI data centers in Norway, tapping crypto mining roots and hydroelectric power for