24.07.2023 - ICT, Technology

Deac and DLC to invest in energy efficient data centre

Latvia’s Deac and Lithuania’s Data Logistics Center (DLC) have been granted a 10-year loan at the value of EUR 30 million by SEB Bank to further expand the telecommunication infrastructure in the Baltics, focusing on data centres and fibre-optic networks. 

“The investment from SEB Bank will mainly finance the construction of the new third Deac data centre in Riga, Latvia, which will be one of the most sustainable in the region. It will also go towards the expansion of the DLC data centres in Vilnius, Lithuania and fibre-optic networks,” says Deac and DLC CEO Andris Gailītis. 

New data centre designed with energy efficiency in mind

Latvia’s new data centre will be highly energy efficient. It will have a power usage effectiveness coefficient of less than 1.3, which indicates how efficiently a data centre will use electricity to keep IT equipment running smoothly. 

The new data centre will run entirely on electricity from renewable sources, and backup power generators will use Neste MY diesel, which consists of hydrotreated vegetable oil produced from renewable raw materials.

The data centre will have Tier III certification for the design documents and the constructed facility from the Uptime Institute, an international certification organisation. This will certify that the facilities, engineering infrastructure and data centre meet the highest international standards. 

The entire data centre is being built using the latest and most efficient technologies to serve the growing data centre power needs.

“Digital-intensive work and lifestyles are generating ever-increasing amounts of data with annual growth projected by around a fifth over the next few years. As more information is generated by data-intensive businesses, internet and telecommunications infrastructure development is essential for storing, accessing and managing the ever-increasing volumes of data. The SEB Bank loan will help to build this important infrastructure in the Baltic States and accelerate sustainable digital transformation in our society and business,” says SEB Bank Management Board Member and Head of Corporate Banking Vilius Juzikis.

Deac and DLC are carrier-neutral data centre operators of cloud computing and IT infrastructure solutions, part of Baltic Rezo, a company owned by Quaero European Infrastructure Fund II (QEIF II), which invests in infrastructure projects across Europe and is managed by the asset management company Quaero Capital.

“We remain firmly committed to the Baltics, building top quality, efficient and environmentally neutral critical infrastructure,” says Quaero Capital Managing Partner Sébastien Bourget.

Source: Press release (www.labsoflatvia.com)
Photo by Jordan Harrison on Unsplash

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