3E Network announces progress update on Finland AI data centre project: site clearance completed and earthworks underway

3 E Network Technology Group Limited (Nasdaq: MASK) said it has made substantial progress on the construction of its artificial intelligence (AI) data center project in Finland. Following the recent formal approval of the building permit, on-site construction activities have commenced and the project is progressing in line with its current development plan.

Building permit approval clears the way for on-site work

Under a long-term land lease agreement between the company and the city of Mikkeli, Finland, the building permit provides the regulatory basis for the project to proceed. The company has moved from preliminary preparations to on-site construction. As of the date of the announcement, tree felling and site clearance have been completed, preparing the site for subsequent construction stages.

Earthworks underway; initial phase expected to include a 6MW facility

The project has entered the earthworks phase. Excavation and grading equipment has been deployed on site and related construction activities are underway. The company said the commencement of earthworks is intended to support the initial phase of the project, which is expected to include a 6MW computing facility, subject to further development and implementation.

Parallel supply chain and construction planning

In parallel with site preparation, the company is coordinating construction planning with its supply chain arrangements. The current earthworks are preparing the site for the potential installation of prefabricated modular data center units. At the same time, procurement and prefabrication of certain mechanical, electrical and plumbing systems, as well as related equipment, are being carried out to help coordinate construction phases and potentially support project timelines, subject to execution and external factors.

ESG considerations and local environmental compliance

The company said it is taking ESG (environmental, social and governance) considerations into account in the project. It stated that, by working with local partners, site clearance and earthworks are being carried out in accordance with applicable local environmental regulations. The company expects this approach may help manage environmental impact and support local economic activity, with the extent of impact depending on ongoing project development.

CEO comments on progress and next milestones

Dr. Tingjun Yang, CEO of 3 E Network, said the project has advanced from planning into construction following building permit approval, including site clearance and earthworks. He added that the company intends to continue advancing the project in accordance with its development plan as demand for AI-related computing infrastructure evolves, and will monitor project milestones, supply chain coordination and environmental considerations.

Caption

Construction progress at 3 E Network’s Finland AI data centre site. (Left) Tree felling and site clearance have been completed. (Right) Large excavation equipment has arrived on site, and earthworks are now fully underway.

Company background

3 E Network Technology Group Limited is a B2B IT business solutions provider focused on becoming a next-generation AI infrastructure solutions provider. The company’s business comprises two main portfolios: data center operation services and software development. It states it follows the industry concept of “AI and energy symbiosis.”