Digital technology and related services are changing the economy and society in a way that is comparable to the changes caused by the introduction of the use of steam and electricity.

Data centres are promoting new kinds of data-intensive production methods and revolutionary services, such as the development of the Internet of Things (IoT), big data, artificial intelligence and virtual reality.

The international data-centre industry is growing strongly, and Finland is in an excellent position to be able to attract new data centres.

Taaleri became involved in this market revolution by establishing Taaleri Datacenter in May 2018 and, during the summer, approximately €16 million of investment commitments were accumulated from a total of some 240 investors. The target of Datacenter’s investment is Ficolo Ltd, in which it owns a majority of shares together with Pontos Ltd.

In spring 2019, Ficolo Ltd bought a data centre situated in Vantaa and invested strongly in its expansion into a modern cloud service centre. The total value of the project is more than €50 million, most of which was invested during the first 12 months. As part of the project, Ficolo and Fujitsu Finland Oy have entered into a cooperative agreement.

Information about Ficolo

Established in 2011, Ficolo Ltd is a data- and cloud service centre company specialised in cloud engineering services. As a result of Vantaa’s data-centre investment, Ficolo is now one of Finland’s largest players in the data centre market and the only company of its size under Finnish ownership. Ficolo already owned the data centres The Rock in Pori and The Deck in Tampere. The new-generation cloud service centre now under construction, Cloud Delivery Center, is being christened The Air. Ficolo also offers a service network for cloud and machine room connections and centralised management for hybrid clouds.

This investment opportunity is closed and is no longer accepting new investors.

No consideration of adverse impacts of investment decisions on sustainability factors

This financial product is labelled as an Article 6 product according to EU SFDR regulation (2019/2088). The investments underlying this financial product do not take into account the EU criteria for environmentally sustainable economic activities. This is because these products are closed funds that no longer actively do marketing market or raise funds, and no changes can be made to their investment strategies.