Nscale · Reykjanesbær, Suðurnes, Iceland

Nscale Keflavik

7MW

The power of 5,358 US homes.

Drawing power since Apr 2026. Projected to reach 13 MW by Dec 2026.

Capital cost
$0.2B
Chips
B300
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Power over time

facility power · 7 milestones
Every milestone
  1. 8 Jul 2022 — Site preparation begins for the southernmost KEF301 data center, here labeled as Building 1. Heilbrigðiseftirlit Suðurnesja records authorization for Mannverk to demolish the existing structure at Valhallarbraut 872, the parcel later identified as KEF301.
  2. 1 May 2023 — Construction of Building 1 begins. Reykjanesbær planning records from May 11 explicitly state that the next construction phase of KEF301 was under construction by May 2023, so we model it as starting by the beginning of the month as a conservative estimate.
  3. 23 Jan 2026 — Nscale's GPU fit-out begins at the datacenter owned by Verne in Keflavik, Iceland. Estimated from Verne's statement that the first 7.5 MW deployment was completed in approximately three months; the exact start date was not disclosed.
  4. 23 Apr 2026 7 MW First Nscale AI capacity operational. Verne reports the first 7.5 MW of Nscale capacity deployed with 128 racks, including 64 liquid-cooled NVIDIA GB300 racks. The AI capacity is assumed to be in the southernmost white building because it is the newest major data hall, has roughly 16 MW of capacity, and was the hall still being expanded most recently before Nscale's deployment; however, Verne and Nscale have not publicly confirmed the building assignment. Digital 9 Reykjanesbær
  5. 30 Jun 2026 7 MW 64-rack NVIDIA GB300 NVL72 cluster confirmed in production. Nscale reports that production benchmarking was performed during June across all 64 racks. Month-end is used because the exact benchmark date was not disclosed.
  6. 27 Jul 2026 7 MW Building 1 is operational (estimate). Full campus visibly externally complete from satellite imagery. Virtually no active construction visible.
  7. 31 Dec 2026 · projected 13 MW Full 15 MW AI deployment projected operational. Nscale and Verne announced a 15 MW deployment across Verne's Iceland campus during 2026. We're modeling the end of the year as the completion date based on this announcement and the progress visible.

Every step Epoch planned here on 2 Oct 2026 is still on plan. Planned against reached

Hydro made 71% of the power in Iceland

share of generation · Sep 2025 to Aug 2026

Iceland World

  1. Gas 0%
  2. Coal 0%
  3. Other fossil <1%
  4. Nuclear 0%
  5. Wind <1%
  6. Solar 0%
  7. Hydro 71%
  8. Bio & other 28%

Fossil <1% (0 pts on a year earlier) · nuclear 0% · renewables 100% · 17 g CO2e per kWh, life cycle · Sep 2025 to Aug 2026. Generation for all of Iceland, without imports; the data does not show which grid feeds the site. Every country behind an AI site.

Sources

selected by Epoch AI
  1. Nscale / Verne 15 MW deployment announcement
  2. Nscale GB300 NVL72 production cluster confirmation
  3. Verne Keflavík campus specifications
  4. Lenovo Nscale Iceland AI infrastructure case study

Data: Epoch AI, “AI data centers”, CC BY 4.0, retrieved 22 Oct 2026. Facility power adds cooling and other overhead to the IT power the servers draw. Placed at the centre of Reykjanesbær. Grid: Ember, “Monthly Electricity Data and Yearly Electricity Data”, CC BY 4.0, retrieved 11 Oct 2026; shares computed here. All sources.