Preparatory earthworks started at Keskikylä in Pyhäjoki, on the North Ostrobothnian coast, in June 2026, running under the Finnish Building Act provision that allows ground preparation ahead of a full decision; the building-permit application itself went in on 22 May 2026. The land is about 130 hectares bought from the municipality, agreed in principle in December 2024 and closed on 3 July 2025. Pyhäjoki's own bulletin names the applicant as Hyperco Intelligence Oy, a project company registered on 26 June 2025 and one of a run of named Finnish vehicles the group has set up since. Above it sits Hyperco Oy of Helsinki, a company owned by DAMAC Digital - the data centre business of the Dubai conglomerate DAMAC Group. The site is municipal land at Keskikylä and not a reuse of the cancelled Hanhikivi 1 nuclear project in the same municipality.
The building-permit application was lodged on 22 May 2026 and preparatory groundworks began in June 2026 under the Building Act provision for works ahead of the full decision.
How large is the Pyhäjoki land holding?
Roughly 130 hectares, bought from Pyhäjoki municipality. The preliminary agreement dates from December 2024 and the binding sale was signed on 3 July 2025.
Which company is building the Pyhäjoki data centre?
Hyperco Intelligence Oy, a project company registered on 26 June 2025, acting for the Hyperco group.
Who owns Hyperco?
DAMAC Digital, the data centre arm of the Dubai-based DAMAC Group, which holds the Helsinki parent Hyperco Oy.
How would a buyer reserve capacity at Pyhäjoki?
Through Hyperco directly. The group builds, owns and operates for hyperscale and enterprise customers rather than selling a published retail product, and it has released no megawatt figure for Pyhäjoki to price against.