GreenMet Plans Greenland AI Data Center
GreenMet CEO Drew Horn plans a multi-billion-dollar AI data center in Kangerlussuaq, Greenland, aiming for 300 MW operation by mid-2027 and 1.5 GW by end-2028. The project reportedly has binding commitments to finance half of the initial and final phases, though local approvals and land deals remain pending. Backers cite Greenland's cold climate and mineral deposits as strategic advantages for hyperscaler power and supply needs.
Key Points
- 1Announces GreenMet plans 300 MW by mid-2027 and 1.5 GW by end-2028 in Kangerlussuaq
- 2Cites Greenland's cold climate and copper, nickel, rare-earth deposits as strategic advantages for data centers
- 3Implies hyperscalers could secure large-scale capacity and critical minerals, reshaping site selection and supply-chain planning
Scoring Rationale
Large-scale capacity ambition and geopolitical relevance drive score, tempered by single-source reporting and pending approvals and land deals.
Sources
Public references used for this report.
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