Green Mountain reported that within five years the site will offer up to 500 MW of additional power.
Haugaland Business Park, located in Gismarvik in Tysvær municipality, is one of Norway's largest fully regulated commercial areas and is powered with renewable energy.
Construction is due to begin next year.
"We have a long-term perspective on this location, but we can still start the first construction phase as early as 2022 with the current power situation. Several international companies have shown interest for this specific site," said Green Mountain CEO, Tor Kristian Gyland.
The new facility will add to Green Mountain's total portfolio which currently comprises DC1-Stavanger – built inside a mountain in a former high security NATO ammunition storage – DC2-Telemark and DC3-Oslo.
"With the NO-UK cable soon to be realised, this value proposition is further strengthened on the connectivity side. We also see great opportunities to collaborate with other types of industries to be established in the area. Collaboration where the residual heat from the data centre can be reused in circular projects is particularly relevant. " said Gyland.