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Azrieli Group Seeks Partner for Green Mountain Data Center Firm Valued Up to 5 Billion Euros

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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By חזי שטרנליכט

First reported by Calcalist · Jul 9, 2026

What happened

Azrieli Group is seeking partners for its data center company Green Mountain to raise about 1 billion euros, valuing it up to 5 billion euros. Green Mountain operates multiple data centers in Norway and London, serving clients like TikTok and AI computing sectors. This move follows Azrieli's 2021 acquisition and aims to expand in the growing global data center market.

01Azrieli Group hires Goldman Sachs to find partners for Green Mountain data center firm.
02Green Mountain valued at 4 to 5 billion euros, aiming to raise about 1 billion euros.
03Azrieli bought Green Mountain in 2021 for 2.8 billion shekels and expanded its operations.
04Green Mountain operates four data centers in Norway and one near London as of Q1 2026.
05The company serves major clients including TikTok and AI computing activities.
06The capital raise targets growth amid a cooling IPO market and regulatory concerns.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

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People

Dana Azrieli