October 12, 2023, Blönduós, Iceland - Borealis Data Center was thrilled to join the Ministry of the Environment, Energy, and Climate, Húnabyggð (the municipalities of Blönduós and Húnavatnshreppur), and SSNV (the association of municipalities of North Iceland) to sign an agreement to a joint project to help the region meet its climate goals. Borealis' role in this initiative involves optimizing and utilizing the excess heat generated by Borealis Data Center in Blönduós to drive green business development in the region. The agreement signatory for Borealis, Chief of Staff, Bergþóra Halldórsdóttir stated: "This effort is a perfect alignment with our commitment to a more sustainable future, working hand in hand with government and local municipalities to reduce greenhouse gas emissions and pave the way for a cleaner, greener Iceland."

The Minister of Environment, Energy, and Climate, Guðlaugur Þór Þórðarson, said: "The Icelandic government has set ambitious goals in climate and energy matters. In order to meet our energy needs, we need to look for various ways, including improved energy efficiency. This is one of ways to do this, and I look forward to witinessing the growth of green business development in this region in the coming years."

Stay tuned for developments on this special initiative.