European Colo Market is Catching up to U.S., according to Green Mountain’s Svein Hagaseth

CAPRE: Thanks for chatting with us today, Svein. We always relish the opportunity to hear from you. How was 2019 for Green Mountain and what is your team most looking forward to as we head into 2020? Hagaseth: 2018 and 2019 have been exceptional years of growth for Green Mountain, and we are now the fastest-growing colocation provider in Northern Europe. We have grown more than 100 % year over year the last couple of years, and have signed on average approximately 10 MW of new capacity each year. There seem to be a very high focus on the Nordics, and especially Norway these days. There are a few reasons for that, largely because of the changing requirements in the industry and by companies globally regarding sustainability. I’ve been talking about this topic for the last 3-4 years, and when I started in Green Mountain the trend was more I will take it if you can get it and nice to have. But now it seems to be the primary driver for all the clients we are speaking to – both large Cloud providers and smaller enterprise-type clients. Sustainability is really a big driver for this industry, and now it is not a question about if – it is a question about the time to act is now. CAPRE: What demand drivers are top of mind as we flip the calendar to 2020? The client requirements are changing, the peoples…