Icelandic data center firm Verne Global has announced plans to expand its data center campus near Keflavik.

The company – which was acquired by D9 earlier this year – said it will spend $50 million expanding the 40-acre campus by 10MW. Timelines of the project weren’t shared.

The expansion is backed by D9, which will fund the development. Verne operates a 24MW data center campus on a former NATO site that it launched in 2012, offering colocation and high-performance computing services, and another 8MW of capacity was under development.

“We’re seeing sector after sector looking to move into high performance analytics environments and it’s exciting to scale our campus again alongside new and existing customers to meet that need,” said Dominic Ward, CEO at Verne Global. “It’s great to also take this first step into the future as part of the D9 Infrastructure platform, and we are all eagerly looking forward to what comes next.”

“We are proud to support Verne Global and play a part in bringing its vision for the future into reality,” said Thor Johnsen, Head of Digital Infrastructure at Triple Point, D9’s investment manager. “Powered by Iceland’s abundant green power, Verne Global’s expanded data center will be even better placed to provide resilient digital infrastructure that offers a true reduction in carbon emissions for its customers alongside long-term economic and sustainable stability.”

Verne also said it is partnering with modular data center provider Integra Mission Critical to optimize its delivery of sustainable high intensity compute at scale while fitting out the new data center space.

“Verne Global’s facility has been built from the ground up for highly specialist data center services that are sustainable, scalable, and bespoke,” said John Kolar, Principal at Integra Mission Critical. “These mutual principles make our companies a natural fit and we’re so excited to be teaming up and putting our decades of experience in solution-driven engineering to good use to provide a quality turnkey infrastructure solution for the new space.”