Zug, Switzerland — 6 January 2026 — The year 2025 was about building the foundation. The Dalsbruk datacenter in Finland reached full operational status. The first 6 MWh of battery energy storage was installed and grid-connected. GreenGridLabs Finland Oy established itself as the local operating entity delivering Managed Compute Services to B2B clients. The corporate structure — Swiss ownership, Finnish operations, clear contractual separation — was tested and validated.
The year 2026 is about scaling.
BESS: From 6 MWh to 18 MWh
The Battery Energy Storage System (BESS) at Dalsbruk is scheduled for expansion to its full design capacity of 18 MWh during 2026. The initial 6 MWh installation has demonstrated the technical and commercial viability of participating in Finnish frequency reserve markets operated by Fingrid. The expansion will triple the site’s storage capacity and its ability to provide grid-stabilisation services — a revenue stream that is independent of compute workload volumes and anchored in the structural needs of the Nordic electricity grid.
LFP battery chemistry, selected for its long cycle life and thermal stability, underpins the expansion. The BESS participates in frequency reserve markets where revenue is earned through availability and activation, providing a stable and predictable income component alongside the site’s compute services revenue.
Söråker: Sweden Comes Online
The group’s second site, located in Söråker, Sweden, is under construction and scheduled to come online in 2026. The Swedish site will include a 2 MWh BESS installation and will be structured on the same model as Dalsbruk: a local operating entity manages the site, Riveon AG provides and finances the hardware, and B2B clients contract for compute capacity.
Sweden offers a complementary grid environment to Finland. Svenska Kraftnät, the Swedish transmission system operator, procures frequency reserves through competitive market mechanisms similar to those in Finland. The Söråker BESS will be positioned to participate in these markets from commissioning. The site’s power supply is 100% renewable, consistent with the group’s commitment across all operating locations.
AI Hardware: Accelerating Investment
Demand for AI compute — training, inference, and increasingly autonomous agent workloads — continues to outstrip available capacity across Europe. The Riveon Group is accelerating its investment in GPU and AI-optimised hardware during 2026, with deployments planned across both the Dalsbruk and Söråker sites.
The group’s approach to AI hardware is consistent with its broader model: Riveon AG structures and finances the equipment; local operators deploy and maintain it; B2B clients access capacity through service agreements. This separation ensures that hardware investment decisions are made at the group level based on long-term demand signals, while operational decisions remain with the teams closest to the physical infrastructure.
US Market: Under Evaluation
The Riveon Group has confirmed that a US market entry, with Texas as the initial focus, is under active evaluation. The United States presents a fundamentally different regulatory and energy landscape compared to the Nordics, but the underlying model — own the hardware, let local operators manage the sites — is designed to be jurisdiction-agnostic. Any US expansion would involve the establishment of a dedicated local entity with its own regulatory footing, management team, and service agreements.
No timeline has been committed. The evaluation is focused on grid interconnection, regulatory requirements, power procurement, and the identification of suitable site locations.
A Model Built to Scale
The Riveon Group’s structure — Swiss ownership, local operations, clean contractual separation between hardware owner, site operator, and end customer — was designed from the outset to scale across jurisdictions without losing accountability. Each new market gets its own entity, its own team, its own regulatory footing. The corporate centre in Zug provides capital, governance, and strategic direction. The local entities provide operational excellence.
2025 proved the model works. 2026 will prove it scales.