Press release · 28 July 2026
MCF Group Estonia Welcomes Tensor Estate as a Shareholder
MCF Group Estonia and Tensor Estate
Tallinn, Estonia, 28 July 2026. MCF Group Estonia, the company operating the Greenergy Data Centers facility in Hüüru, Harju County, Estonia, has welcomed Tensor Estate as a new shareholder as the latest development in the MCF’s continued growth trajectory. The Three Seas Initiative Investment Fund (3SIIF), advised by Amber Infrastructure, remains the majority shareholder of MCF Group Estonia.
Kert Evert, CEO of MCF Group Estonia, noted that the arrival of a new shareholder marks the beginning of the next stage of development.
“We have been developing the infrastructure for years with a long-term perspective. Tensor joining us supports our long-term growth objectives.”
“We welcome Tensor Estate as a new shareholder in MCF Group Estonia. As the majority shareholder, 3SIIF remains fully committed to supporting the continued development of Greenergy Data Centers. The ongoing expansion of the Data Centre in response to unprecedented demand from the artificial intelligence market is underway, and we look forward to the full commercialisation of this strategically important digital infrastructure asset,” said Cameron Cook, Senior Investment Director at Amber Infrastructure.
Miko Niinemäe, Co-founder of Tensor Estate, stated that the investment forms part of the company’s long-term strategy to develop data infrastructure in Estonia for international technology companies.
“Artificial intelligence is fundamentally reshaping digital infrastructure requirements worldwide. Developing projects of this scale takes years and requires close cooperation between infrastructure owners, energy companies, engineering partners and global technology companies,” said Niinemäe.
As part of the transaction, the shareholders established a joint Supervisory Board comprising representatives for both 3SIIF and Tensor Estate. The company’s day-to-day operations will continue under the leadership of its existing management team.
Additional information
Notes to editors
- MCF Group Estonia
- MCF Group Estonia operates a highly reliable data center in Hüüru, near Tallinn, designed for gradual expansion in line with growing demand.
- Greenergy Data Centers
- Greenergy Data Centers is a company that owns and develops data centers, with a vision to establish highly energy-efficient data centers in Central and Eastern Europe.
- Tensor Estate
- Tensor Estate is a developer of high-technology projects, bringing together suitable locations, energy and connectivity infrastructure, international technology partners and local development capabilities to implement large-scale digital infrastructure investments. The company’s objective is to attract high-value-added technology investments to Estonia and strengthen Estonia’s position as a digital infrastructure hub in Northern Europe.
- The Three Seas Initiative Investment Fund (3SIIF)
- A dedicated commercial fund targeting infrastructure investments in Central and Eastern Europe. It invests in energy, transport and digital infrastructure in EU CEE member states which border the Baltic, Adriatic and Black Seas. Amber Infrastructure Group is the exclusive investment adviser to 3SIIF.