The Wellcome Trust Signs Definitive Agreement to Invest in Green Data Center Developer, Verne Holdings, ehf
Verne Holdings, ehf, parent company of Verne Global, announced today that it has signed a definitive agreement for an equity investment from the Wellcome Trust. The Wellcome Trust is a medical research charitable foundation based in London with US$21 billion of assets and an Aaa/AAA credit rating, will become the largest shareholder in Verne Holdings, ehf. more

Iceland looks to serve the world
Since the financial crisis, Iceland has been forced to retreat back from high octane bubble living to nature. Fortunately, there is a lot of that nature to retreat to. [But Iceland now wants] to become home to the world's computing power. more

Icelandic Advantage

Data centers have grown in business importance over the past decade, becoming a major part of companies' core, strategic infrastructures. At the same time, a confluence of factors are forcing organizations to quickly search for alternatives to the usual high-cost locations. Rising power costs and server densities have put a sharp focus on managing and reducing data center energy consumption. In the U.S. and U.K., especially, the supply and reliability of electricity is increasingly in question due to overburdened grids. The trend toward green policies and government mandates like the U.K.'s Carbon Reduction Commitment are also pressuring companies to reduce the carbon footprint of their power-hungry facilities.




At Verne Global, we help your company untether itself from high data center rents, high power costs and massive carbon footprints. Iceland is an excellent place to locate your next data center because it eliminates all three. The country provides an optimized combination of locational, economic and ecological benefits for data center implementations. Our wholesale model allows us to pass the benefits of Iceland's low-cost, renewable power directly to you. Thanks to Iceland's climate, we also provide free ambient cooling, which immediately impacts your TCO. In addition, connectivity times to Europe and North America are more than adequate for most business applications.

In short, it's a great place to put a data center.