3E Network Technology Signs 30-Year Land Lease with City of Mikkeli
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 12 2026
0mins
3 E Network Technology announced that its wholly-owned Finnish subsidiary, Aurora Core Technology, has entered into a 30-year land lease agreement with the City of Mikkeli for a designated data center development site in the Pellosniemi industrial area of Mikkeli, Finland, covering approximately 101,071 square meters.
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About MASK
3 E Network Technology Group Ltd is a holding company principally engaged in the development and sale of software. The Company is mainly engaged in the development and supply of customized software for various industries and fields, including food establishments, real estate, exhibition, conferencing and clean energy utilities. In addition, the Company is also engaged in the design, planning, execution and delivery of exhibitions.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
3 E Network Technology Signs Land Lease in Finland to Launch AI Data Center Project
- Core Technical Architecture Unveiled: 3 E Network Technology has signed a land lease agreement in Mikkeli, Finland, to launch its high-performance AI data center project, aiming to leverage unique technological advantages to provide competitive computing services globally, thus driving the company's strategic transformation in AI infrastructure.
- Modular Design Innovation: By adopting a modular design concept, 3 E Network has reduced the traditional data center construction timeline from over 18 months to just weeks, enabling rapid deployment through prefabricated and interchangeable standard units, significantly enhancing market responsiveness and flexibility.
- High-Density Computing Solution: The company's new high-density computing solution increases rack power density to over 20kW, addressing the extreme computing power demands of AI clusters, thereby strengthening its competitive edge in high-intensity AI training and inference tasks.
- Intelligent Operations System Optimization: With its self-developed AI smart cooling system, 3 E Network expects to reduce annual PUE by 8% to 15%, while utilizing IoT sensors and AIOps models for equipment health monitoring, significantly lowering the probability of unplanned downtime and enhancing operational efficiency.
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3 E Network Signs 30-Year Land Lease with Mikkeli City for AI Data Center
- Land Lease Agreement: 3 E Network's wholly-owned subsidiary, Aurora Core Technology Oy, has signed a 30-year land lease with the City of Mikkeli for approximately 101,071 square meters, laying a solid foundation for future AI data center construction.
- Project Advancement: This agreement marks the transition of the AI data center project from strategic planning to tangible development, demonstrating the company's concrete vision and long-term commitment to the European market, which is expected to enhance its competitiveness in AI infrastructure.
- Site Selection Advantages: The Mikkeli site was chosen for its robust power infrastructure and favorable climate conditions, capable of meeting the massive computing demands of next-generation AI applications, while strong local government support further secures the project.
- Partnership Synergy: This lease agreement complements the previously signed Master Services Agreement with Orka Technologies Oy, reinforcing their collaboration in co-developing AI infrastructure, thereby driving technological innovation and market expansion.
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