AINS Group supports XTX Markets in its data center project

The XTX Markets data center currently under construction in Kajaani, Finland is comprised of three data halls totaling 22.5 megawatts of IT power. The center also includes a mechanical plant area, a warehouse and a 50-person office space. The 15,000-square-metre data center is scheduled to become operational in 2026. AINS Group acts as XTX Markets’ construction management service partner on the significant project.

XTX Markets is a leading algorithmic trading firm that uses the latest machine learning technologies to produce price forecasts for financial instruments across the globe.

The construction of new data centers would employ hundreds of local workers on-site for many years.

Construction of the first data center started quickly

XTX Markets is exploring ways that the heat generated by the data center can be provided free of charge to the local community of Kajaani and reduce the facility’s environmental footprint.

In addition to Finnish construction consultants and designers, XTX Markets is using exclusively Finnish contractors for the construction of the first data center. AINS Group is acting as XTX Markets’ construction management consultant.

“It is great to have a role and to use our experience in such a significant investment. Over the years, we have succeeded in developing a solid construction and project management team for international data center projects. In Kajaani, they have managed to break ground impressively fast,” says AINS Group CEO Kari Kauniskangas.

Further information:
Kari Kauniskangas, CEO, AINS Group
kari.kauniskangas@ains.fi

Picture: XTX Markets