Bitzero Taps Top General Contractor Skanska for the Delivery of its Flagship Data Center in Norway
Key Highlights
- ➤Bitzero (AIBZ) appoints Skanska for flagship Norway data center development.
- ➤Skanska and Vertiv will support engineering, procurement, construction, and systems integration.
- ➤Norway site completed initial civil works; long-lead power items expected shortly.
- ➤Bitzero advances site readiness toward tenant readiness and the next development phase.
Expert Statements
Mohammed Bakhashwain, Founder & CEO of Bitzero
“With demand for Nordic capacity growing, we are positioning the Norway site for competitive and high-quality delivery.”
Mohammed Bakhashwain, Founder & CEO of Bitzero
“Bringing Skanska in as a partner alongside Vertiv gives us a genuinely investment-grade execution stack in Norway - from engineering and design through to systems integration.”
Mohammed Bakhashwain, Founder & CEO of Bitzero
“This is what building a platform looks like in practice: we are advancing site readiness, power infrastructure, and delivery capability so we can execute efficiently and to specification on this site and further assets in our portfolio.”
Pål Magnus Aglen, Executive Vice President, Skanska Norway
“We are delighted to be partnering with Bitzero on the development of this facility and to become part of its long-term delivery ecosystem.”
Pål Magnus Aglen, Executive Vice President, Skanska Norway
“This agreement reflects our strategy of offering data center developers a one-stop-shop approach, collaborating with customers from an early stage to develop and build their projects.”
Pål Magnus Aglen, Executive Vice President, Skanska Norway
“Together with specialist partners such as Vertiv, we bring complementary capabilities across the value chain, tailored to the needs of the data center sector.”
Pål Magnus Aglen, Executive Vice President, Skanska Norway
“Projects of this scale and technical complexity require disciplined planning, experienced execution, and clearly defined responsibilities.”
Pål Magnus Aglen, Executive Vice President, Skanska Norway
“We look forward to working alongside Bitzero and Vertiv to develop a data center that meets the performance and reliability standards its customers will expect.”
Agreement adds institutional-caliber construction expertise and supports delivery planning as Bitzero advances its site toward tenant readiness
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2026) - Bitzero Holdings Inc. (NASDAQ: AIBZ) (CSE: AIBZ.U) (FSE: 000) ("Bitzero" or the "Company") today announced that it has entered into a project development agreement with Skanska for its flagship Norway data center site. Skanska is one of the largest and most established construction companies in the region, with a deep track record delivering large-scale, technically demanding infrastructure projects. The agreement brings recognized, institutional-caliber construction capability into the Norway delivery framework, alongside Bitzero's previously announced partnership with Vertiv, and provides the Company with greater certainty in planning as it prepares for the next phase.
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