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Cheap power set to attract Asian tech companies to Arctic circle

Published Sun, Jun 29, 2014 · 10:00 PM
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[STOCKHOLM] Asian technology companies are set to follow Google Inc and Facebook Inc in putting data centres near the Arctic circle to benefit from the lowest power prices in Europe, according to utility Vattenfall AB.

Internet services from China, Korea, Malaysia, Thailand and Indonesia will probably be next to take advantage of an expected record electricity glut in the No…

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