Opens in a new tab

Ölfus approves conditional plot option for planned data centre

Monday 9th November 2026 on 13:15 in Iceland

business, data centres, Ölfus

Ölfus municipal council has unanimously approved a 12-month conditional plot option for Glacier Grid’s proposed data centre, mbl.is reports.

The agreement concerns a site in the Sandi I industrial area, north of Suðurstrandarvegur. Glacier Grid plans to develop the data centre in three phases. Its first phase would require 30 megawatts of power and a six-hectare plot, with the total land requirement estimated at about 16 hectares.

The company estimates that the first phase could create 30 to 50 permanent direct jobs. It says annual municipal income from property taxes and land rent could reach 50 million to 130 million ISK, depending on the property valuation.

The plot’s exact location, size and boundaries will be decided later. Glacier Grid will pay for the detailed planning and related preparatory work. Any final allocation of land or expansion would require separate consideration.

Source 
(via mbl.is)