United Bankers - Real Asset Manager

An article from UB about the sustainability of data centers, as these are projects spanning decades.

“Data center projects are investments of an exceptional scale, with impacts extending for decades. Therefore, their development is a strategic choice linked to the development of the municipality and society as a whole.”

Risto Siilasmaa also touched on the subject from a strategic perspective on LinkedIn. Data centers consume a massive amount of electricity, which is not produced in infinite supply even in Finland. We must carefully consider which projects truly create value and strengthen security here in Europe.

"That is why we should favor investments that:
• bring long-term tax revenue
• create significant employment
• strengthen the security of Finland and Europe

Not all data centers meet these criteria.
Especially in a situation where vast amounts of electricity are consumed, but the value and decision-making power flow out of Finland."

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