Conapto Issues Bonds to Expand AI-Ready Data Centers

May 28, 2025
Conapto has issued SEK 500 million in bonds to enhance its AI-ready data center infrastructure in Sweden, focusing on sustainability and high-density workloads.

Conapto has issued SEK 500 million in senior secured bonds to accelerate the growth of its AI-ready, sustainable data center infrastructure. The bond issuance, which was met with strong demand from institutional investors, underscores the market's confidence in Conapto's business plan and its role in the evolving digital infrastructure landscape.

The funds will be used to refinance existing bank debt and invest in Conapto's fourth data center, designed to support high-density workloads and liquid cooling. This move positions Conapto to meet the increasing demand for AI infrastructure in Sweden and the Nordics, offering scalable and flexible data center colocation solutions.

Conapto's data centers, powered by 100% renewable energy, also contribute to Stockholm's district heating network by reusing excess heat to warm homes and buildings. The bonds, with a tenor of three years, are expected to be listed on Nasdaq Stockholm and Nasdaq Transfer Market within the coming months.

We hope you enjoyed this article

Consider subscribing to one of our newsletters like Silicon Brief or Daily AI Brief.

Also, consider following us on social media:

AI Chips & Datacenters AI Brief AI Brief (X)
Free newsletter

Silicon Brief

Weekly coverage of AI hardware developments including chips, GPUs, cloud platforms, and data center technology.

Guide
AI interconnect and networking startups

AI interconnect and networking startups

29 private startups developing the chips, optical switches and memory fabrics that move data through AI infrastructure.

Industry analysis

2025 Global Business Services Agenda: Gen AI Takes Center Stage

The Hackett Group

This industry analysis by The Hackett Group explores the transformative impact of generative artificial intelligence (Gen AI) on global business services (GBS) in 2025. The study highlights the shift from exploration to acceleration of Gen AI initiatives, with 89% of executives advancing these projects to improve customer satisfaction, innovate products, and reduce costs. The report also discusses the challenges and strategies for successful Gen AI adoption, emphasizing the need for a technology-enabled operating model and the importance of reskilling the workforce.

Read more

You may also like

Free, six days a week

Daily AI Brief: the AI news that matters, in your inbox.