Intelligent CIO Europe Issue 44 | Page 17

NEWS

DLA Piper advises Azrieli Group on acquisition of Norwegian data centre developer average period of approx . 7.5 years . Green Mountain also has future construction and development potential at these and additional sites of approx . 520 MW .

DLA Piper has advised Israeli real estate investor , Azrieli , on its acquisition of Green Mountain , a Norwegian data centre developer , for NOK7.6 billion .

Green Mountain is a private company incorporated in Norway in 2009 , operating in the field of server farms . Its three main areas of operations are : ( a ) planning and construction of server farms with highlevel information security ; ( b ) provision of advanced service farm services to organisations and wholesale customers ; and ( c ) highly-efficient operation of server farms , using 100 % renewable energies . The company operates three server farms in Norway and , to date , has signed contracts for approx . 24 MW with customers for an
Azrieli Group is Israel ’ s largest real estate group , which has built and operates Israel ’ s leading nationwide chain of incomeproducing properties . The acquisition of Green Mountain is a key milestone in realising the group ’ s strategy for building international operations in the data centre sector . the combination of its operations in North America and Green Mountain in Europe will allow it to become a significant global player in this growing and developing arena .
Magnus L Lutnaes , Partner , DLA Piper , said : “ The Scandinavian market and in particular Norway , is experiencing outstanding growth in the data centre market as it benefits from an exceptional availability of power , alongside power costs among the lowest in Europe .”

Nokia modernises Red Electrica communications network

Nokia has announced that it will provide Red Eléctrica de España ( REE ) with an IP / MPLS network and DWDM ( Dense Wave- Division Multiplexing ) optical transport network , which will upgrade REE ’ s existing network .

REE is the Spanish transmission system operator ( TSO ) responsible for the transmission of electricity nationwide , including the Canary and Balearic islands .
The new IP / MPLS and optical transport networks from Nokia will provide significantly more bandwidth to the utility sector and its subscribers and improve efficiencies . It will support a new generation of IP-based applications that will play a key role in everything from IoT-based asset management to managing distributed energy resources such as rooftop solar and residential power storage .
Services supported by the Nokia network include sub-station communications , low-latency communication of IoT sensor data for measurement , protection and control and time synchronisation of devices . The network will also support operational control systems such as SCADA ( supervisory control and data acquisition ) and line protection , as well as synchrophasors ( PMUs – phasor measurement units ), which are one of the key applications for enabling highly accurate and dynamic analysis of the state of an electrical system .
Manuel López Cormenzana , Director of Transmission Infrastructure Maintenance at Red Eléctrica de España , said : “ REE is a key player in the energy transition and the challenges we face are clear and we must be able to anticipate them , so we need to have the best tools with which to carry out our mission with the highest possible quality , safety and efficiency ”.
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