Norwegian Firm Unveils $277bn Offshore AI Energy Platform

A Norwegian artificial intelligence (AI) infrastructure company, Wadata 1021 AS, has announced the launch of Wadata 1021 | Offshore AI, a new global platform designed to tackle one of the biggest challenges facing AI growth worldwide—energy availability and reliability. The initiative, which is entering its initial capital formation phase, is open to institutional investors and […]

A Norwegian artificial intelligence (AI) infrastructure company, Wadata 1021 AS, has announced the launch of Wadata 1021 | Offshore AI, a new global platform designed to tackle one of the biggest challenges facing AI growth worldwide—energy availability and reliability.

The initiative, which is entering its initial capital formation phase, is open to institutional investors and strategic partners. With Abu Dhabi, UAE serving as a strategic anchor, the Gulf Cooperation Council (GCC) is expected to provide the right mix of energy, capital, and policy support for the project’s long-term vision: making energy-led infrastructure the backbone of scalable and sovereign AI.

As AI adoption accelerates across governments and industries, experts say energy stability and cooling efficiency have now overtaken chips and algorithms as the main bottlenecks. Traditional onshore data centres are increasingly constrained by grid congestion, land scarcity, regulatory hurdles, and rising power costs, limiting large-scale deployment.

Wadata’s Offshore AI platform introduces a new asset class built around energy. It leverages offshore and coastal environments rich in energy resources, integrates hybrid and sustainable systems engineered for AI baseload demand, and uses natural cooling advantages to reduce power intensity. The modular infrastructure is designed to be rapidly deployable and independent of congested grids.

The company plans a system capacity of 53 gigawatts, with each platform powered by about 300 megawatts of dedicated energy. Clusters of four platforms will form gigawatt-class nodes, scaling globally toward a long-term investment framework estimated at $277 billion. An initial $15 billion soft-round capital programme has been announced, with a medium-term target of $35 billion.

Founded in Norway, Wadata 1021 is establishing its global headquarters in the GCC to combine engineering expertise with strategic reach. Elo Hansen-Yahiya, Founder and Group Executive Chairman, said: “The future of AI will be decided by energy, not algorithms alone. Wadata 1021 is a structural response to that reality, enabling scalable, resilient, and sovereign-aligned AI infrastructure.”

The initiative is currently undergoing formal intellectual property registration as part of Wadata Capital’s broader push into AI, Deep Tech, and energy-linked infrastructure investments.