Iceland has become a serious location for high-performance computing because its grid runs on hydroelectric and geothermal power and the climate allows free air cooling for most of the year. The main campuses sit in Reykjanesbær near Keflavík airport, in the Reykjavík capital area, in Blönduós and in Akureyri in the north. Over the past two years the country has also become an AI data center location, as GPU clouds such as Nebius and Crusoe placed large clusters here, and the operators are adding substations and new halls to keep up.
The market is small and concentrated. Three operators, Verne, atNorth and Borealis, own most of the large-scale capacity, while Icelandic IT firms such as Advania and Sensa handle hardware import, rack-and-stack and day-to-day operations for customers who cannot staff a site on the island. Fewer than ten companies run their own large campuses, so this list of data centers in Iceland also includes GPU cloud tenants with dedicated Icelandic deployments and established hosting providers that run their infrastructure in Icelandic facilities.
For this list we checked each company on its own website for an Iceland office address, data center, colocation or hosting capacity as a core service and named client work. No company paid to be included, and the order reflects our judgement of strength and fit. For more Iceland lists and guides, visit our Iceland hub.
Verne has operated in Iceland since 2012 on a former NATO base in Reykjanesbær, about ten minutes from Keflavík airport. The company calls the site its flagship AI-ready, HPC and colocation hub, and its Iceland page lists a campus capacity of over 140MW, all supplied by hydroelectric and geothermal power with year-round free cooling.
Customers can start at a single rack and scale to several megawatts, with high-density custom cabinets and liquid cooling for intensive compute. In March 2025 Nebius chose the campus for a 10MW cluster of NVIDIA H200 GPUs, which Verne describes as the largest single deployment in its Iceland history. Drug discovery company Peptone also runs a hybrid supercomputing setup there. In 2026 Verne and grid operator Landsnet launched a new high-capacity substation and the company held a supplier day for a major campus expansion.
Verne suits AI labs, research groups and enterprises that need multi-megawatt capacity with direct links to Europe and North America.
2. atNorth — Three Icelandic Sites From Reykjavík To Akureyri
atNorth began life inside Advania as Advania Data Centers, de-merged in 2017 and took its current name in 2020. Today CPP Investments holds a controlling stake of about 51 percent, with Equinix at about 34 percent and Partners Group at about 10 percent. In Iceland it runs ICE01, a Tier 3 metro site in the capital area; ICE02, a mega site near Keflavík on 4.5 hectares with room for 5.4 more; and ICE03 in Akureyri, a Tier 3 site in North Iceland.
Services cover high-density colocation, cages, private data halls and build-to-suit facilities, with access to more than 25 subsea fiber routes. ICE02 has more than 80MW of power and hosts Crusoe Cloud GPUs, while named customers include Advania, BNP Paribas, DNV, Opera and Shearwater Geoservices, which published savings and emissions results from its Icelandic deployment.
atNorth fits buyers who want a choice of metro and large-campus sites in one contract.
Borealis Data Center was founded in Iceland in 2014 and is now majority owned by French investor Vauban Infrastructure Partners. It runs three Icelandic campuses: Fitjar in Reykjanesbær, opened in 2018 with a reported 8MW; Blönduós in the north, opened in 2019 near the Blanda hydropower station, with an extra 12MW HPC building added in 2022; and the Reykjavík Data Center at Korputorg, bought from Íslandsbanki in 2022, which is planned for 12MW across 5,000 square meters at full build-out.
IBM uses one of the Icelandic sites for an IBM Cloud region, and Fluidstack has announced GPU clusters with NVIDIA H200 hardware in Borealis facilities. In February 2025 the company raised 148 million US dollars from Infranity and Arion Bank to fund Nordic expansion, following its 2024 purchase of a site in Kajaani, Finland.
Borealis suits cloud providers and GPU operators that want a locally rooted operator with room to grow outside the Keflavík cluster.
4. Advania — Turnkey HPC And AI Deployment In Icelandic Data Centers
Advania Iceland is based at Guðrúnartún 10 in Reykjavík and describes itself as the country’s largest IT and infrastructure partner, with more than 600 specialists in Iceland. The group was founded in Iceland in 1939 as an office equipment repair workshop and now employs about 5,000 people across seven markets.
Its data center service is aimed at foreign companies placing HPC and AI hardware in Iceland. Advania sources and imports the equipment, handles shipping, customs and VAT, racks and configures it on site, then monitors and supports it. It has a presence at atNorth’s ICE01 and ICE03 sites, appears on atNorth’s customer list, and in 2025 bought the Gompute HPC-as-a-service platform from atNorth, which continues to run in atNorth facilities. Advania was named among Creditinfo’s Outstanding Companies for the ninth year running in 2026.
Advania is the right call when you want a single Icelandic partner from procurement through operations.
5. Sensa — Certified Colocation Halls In Reykjavík And At Verne
Sensa is a Reykjavík IT operations company at Lyngháls 4. It runs two colocation data halls, one inside the Verne campus in Reykjanesbær and one in Reykjavík, and appears on Verne’s own partner list. Customers can bring single servers, network equipment or a whole server room.
The halls are listed as Tier 3 compliant with ISO 27001, SSAE16 Type 2, PCI and HIPAA compliance and a PUE of 1.2. They have CCTV, continuous humidity, temperature and motion sensors, and security staff on duty around the clock. Domestic and international carriers are present, and customers can connect to Sensa’s hosting network for internet access and a shared firewall. Above the rack, Sensa offers NetApp and S3 storage, database hosting and fully managed operation of IT environments.
Sensa is a strong fit for Icelandic banks, insurers and public bodies that need certified local colocation with a managed service layer on top.
Crusoe is a US AI cloud company that chose Iceland for its first European project. In December 2023 it announced a deployment of Crusoe Cloud GPUs at atNorth’s ICE02 site near Keflavík, which has more than 80MW of power from geothermal and hydro sources.
In August 2025 Crusoe expanded its Iceland capacity with atNorth and secured a 175 million US dollar credit facility from Victory Park Capital to fund it. The expansion brings NVIDIA DGX GB200 NVL72 instances and Blackwell GPUs, with direct liquid-to-chip cooling. Crusoe does not run its own building in Iceland, but it is one of the largest single users of Icelandic data center capacity and sells that capacity as on-demand and reserved cloud instances.
Crusoe makes sense for AI teams that want Icelandic renewable compute without buying hardware or signing a colocation contract.
Nebius is an AI infrastructure company that builds its own GPU cloud and places clusters in partner facilities. Its hardware page lists Keflavík, Iceland, as a colocation site, where it has deployed a 10MW compute cluster in partnership with Verne.
The deployment, announced in March 2025, uses NVIDIA H200 GPUs and runs entirely on Iceland’s hydroelectric and geothermal power. Verne describes it as the largest single implementation in its Iceland history. Customers reach the capacity through the Nebius cloud platform rather than a direct contract with the data center, so the Icelandic site is one region among several that Nebius offers for training and inference workloads.
Nebius suits startups and research teams that want H200 capacity on renewable power, billed as cloud usage. Like Crusoe, it is a tenant rather than an operator, and we include it because it runs a dedicated, large-scale deployment in Iceland.
1984 ehf. was founded in Reykjavík in 2006 by free software and civil rights advocates and describes itself as Iceland’s biggest web hosting company. It runs entirely on Icelandic geothermal and hydro electricity in local data centers and holds ISO/IEC 27001 certification.
Services cover shared web hosting, VPS, managed hosting, a WordPress security pack and a free DNS service. The entry VPS plan has one CPU, 1GB of RAM and 25GB of NVMe storage from €8.72 a month, and promotional web hosting starts at €2.74 a month on a one-year term. The company commits to informing customers of authority or court inquiries where the law allows and uses free software wherever possible.
1984 Hosting is a practical choice for journalists, nonprofits and small businesses that want an Icelandic host with clear privacy commitments. It is a hosting provider, not a campus operator.
9. FlokiNET — Icelandic Host With Colocation And GPU Servers
FlokiNET ehf. was founded in Iceland in 2012 with a mail contact at Skólavörðustíg 12 in Reykjavík. It was set up to support free speech, press freedom and whistleblowing projects, and that remains its main audience.
The catalog is broader than most small hosts: shared and business hosting, anti-DDoS hosting, VPS, dedicated servers, GPU servers and colocation, plus domain registration and DDoS protection. Iceland is one of four live locations alongside Romania, the Netherlands and Finland, so customers can spread workloads across jurisdictions under one account. The company does not publish which Icelandic facility it uses.
FlokiNET fits media organizations and activists who want Icelandic hosting with colocation and GPU options. Buyers with compliance requirements should ask for facility and certification details before signing.
10. OrangeWebsite — Offshore Web Hosting And VPS From Iceland
OrangeWebsite is run by IceNetworks Ltd. and has offered hosting since 2009. It states that its data centers are located in Iceland and that all servers run on renewable energy.
The product range covers cPanel shared hosting from €3.40 a month, WordPress hosting from €24.60, cloud VPS from €22.40 and dedicated servers from €132.70. The company positions itself as an offshore host: customers can sign up anonymously and pay with Bitcoin, and it says it stores only minimal customer data in encrypted form. Plans come with a 99.9 percent uptime commitment and a 30-day money-back guarantee, and prices are shown in euros.
OrangeWebsite suits publishers and small sites that value anonymity and Icelandic jurisdiction over enterprise features. It is a hosting provider rather than a facility operator, and it does not publish a street address.
How To Choose A Data Center In Iceland
Do You Need Colocation Or GPU Cloud?
If you own hardware or plan to buy it, Iceland colocation with Verne, atNorth or Borealis gives the lowest long-run cost per kilowatt. If you only need compute for a training run or a year of inference, renting GPUs from Crusoe or Nebius on Icelandic sites avoids import, customs and VAT work entirely. Many buyers start in the cloud and move to colocation once usage is predictable.
Who Will Handle Hardware On The Ground?
Iceland is a small market and few foreign companies keep staff on the island. Ask each operator what remote hands includes, and consider an Icelandic partner such as Advania or Sensa for procurement, customs clearance, rack-and-stack and break-fix. Agree response times in writing, since a technician may need to drive from Reykjavík to Blönduós or Akureyri.
Which Location Suits Your Workload?
The Keflavík area in Reykjanesbær has the largest campuses and is close to the international airport and subsea cable landings. Reykjavík metro sites are better for latency-sensitive enterprise systems and local customers. Blönduós and Akureyri offer room to grow and a second region for disaster recovery, away from the Reykjanes peninsula.
How Do EEA And GDPR Rules Apply?
Iceland is in the European Economic Area, so GDPR applies and personal data can move between Iceland and the EU without extra transfer mechanisms. Check certifications such as ISO 27001, SOC reports or PCI compliance, and confirm whether your provider is the operator or a tenant, because that changes who signs your data processing agreement.
What Should You Ask About Power And Pricing?
Power is the main cost driver. Ask for the price per kilowatt per month, how it is indexed, what PUE the hall achieves and how much capacity is contracted from Landsvirkjun or other producers. Quotes for large deals are usually in US dollars or euros, while local providers often bill in ISK, so fix the currency in the contract.
Conclusion
Iceland’s data center market is built around a few large operators on renewable power, with Verne, atNorth and Borealis covering most capacity and Icelandic partners such as Advania and Sensa filling the operations gap. For AI teams, Crusoe and Nebius offer a way in without owning hardware, and long-running hosts like 1984 Hosting, FlokiNET and OrangeWebsite serve smaller sites that want Icelandic jurisdiction. Match the provider to your scale, decide early who handles hardware on the ground, and confirm power pricing and certifications before you commit.
